Find Your Ideal
Home & Investment
Find Your Ideal Home
& Investment
Real Estate
Turkey is a vast country, over three times the size of the UK and some 25% larger than France. Straddling between Europe and Asia, with almost 7,000 kilometres of Mediterranean, Aegean and Black Sea, Turkey is home to a unique mosaic of cultures, diverse landscape and dynamic social make up. If you are looking for property overseas, wish to buy a holiday home in the sun, a place to retire or purely real estate investment in an upwardly mobile country, then no search is complete without having a good look at Turkish real estate for sale.
Where to buy a holiday home in Turkey?
With so many lovely resorts and towns to choose from, it is a task in itself to decide where to buy that special villa in Turkey or that sea view apartment, which will be your new home in Turkey and double up for some rental income. According to statistics published by the Turkish real estate agents association, Antalya, Fethiye, Bodrum and Side are the most popular holiday home destinations in Turkey. Properties in Antalya enjoy the proximity of a bustling seaside city with lovely beaches and excellent golf courses of Belek, whereas Kalkan properties provide some of the most dramatic sea views experienced in the entire Mediterranean, not to mention Kalkan's elegant setting and fine dining. Side holiday homes for sale are ideal for families with children, where shallow waters gently touch sandy shores. Real estate in Bodrum on the other hand is your key to Turkey's most sophisticated resort with plenty of sailing and seafront homes in lovely Yalikavak, Turkbuku or Gumusluk. Then we have sun-soaked Fethiye with most affordable villas and flats for sale in Turkey near the most pictured Oludeniz beach.
Looking to retire overseas - where should you buy your retirement home in Turkey?
When considering a permanent move abroad and buying a property for year round living, there are some important factors to take into account. Proximity of amenities, hospitals, schools and a stable local community are some of the elements one would naturally look at. In our dealings with over 10,000 people from all over the world looking at Turkish real estate with a view to permanent living in Turkey, we find that properties in Fethiye, Bodrum and Antalya (including Side and Kemer) are natural favourites for year round living. They all have excellent climates with over 300 days of sunshine, mild winters and the right level of facilities to sustain year round living.
Where to invest in Turkish real estate?
With an average annual GDP growth in excess of 8% for 2010 - 2012 period, Turkey has posted exceptional economic performance compared to the EU zone and indeed to BRICs (Brazil, Russia, India, China). In 2011 and 2012 Turkey's economic expansion was only second to China. IMF estimates that Turkey will yet again outperform most BRICs countries and certainly the entire Euro zone in 2013 - 2017 period with an average annual expansion of 5%+ projected. Turkish real estate industry is currently one of the major growth sectors within Turkey. With a youth population of over 60% of entire 76 million and increasing wealth in the country, domestic demand for the Turkish real estate industry is fast climbing. Turkish real estate agents association estimates that by year 2015 there will be a shortage of around 2 million quality housing in Turkey just to accommodate domestic demand, this is not even counting the booming tourism sector, 6th most visited country in the world in 2011, which also puts a heavy demand on coastal hotel, villa and apartment projects. In 2011, property market in Turkey grew by some 18% compared to year before. Considering that at the same period Greece, Spain and Portugal came close to announcing bankruptcy underlines the viability of owning property in Turkey.
Prime location Istanbul or better to look at prospering Antalya?
From a purely investment viewpoint property for sale in Istanbul deserves a close look, however, one needs to be very selective. There are many offers on the market and not all are viable. We recommend real estate in Istanbul prime locations as opposed to heavily marketed bargain apartments on the outskirts of the city. Naturally, prime locations of Istanbul are expensive, therefore we suggest investors should have a good look at Antalya property market as a viable and exceptional alternative to prime location real estate of Istanbul.
How about rental returns and capital growth?
On the Mediterranean and Aegean coasts of Turkey, your holiday home in Antalya, Fethiye, Kalkan and Bodrum could easily deliver in excess of 6% rental returns after all expenses paid. Considering that the average rental yield in the UK is 4.8%, this is quite a strong return. Coupled with steep capital growth in several years, you could build your very own nest egg in Turkish real estate. Another interesting profile to underline is the beachfront Turkey property segment.
Can you suggest a niche segment of Turkish real estate to keep an eye on?
Keen investors and of course keen sailors alike should keep a solid eye on waterfront properties in Turkey. This is an incredibly lucrative segment of the Turkish real estate market. Compared to France, Spain and Italy, beachfront properties in Turkey come at one third the price tag for comparable villas and apartments. Luxury villas for sale at the seafront in Bodrum, Kalkan, Kas and Fethiye could be purchased from as little as Euro 400,000, whereas a comparable villa in Spain or France would cost no less than Euro 1.3m. This is a huge price gap and we suggest that it is an artificial one. We do not expect prices of beach front properties in France to come down for these are highly desirable homes, however, as more and more people discover the stunning coastline of Turkey, we expect waterfront homes in Turkey to appreciate quite significantly over the next 3-5 years. The number of foreign registered boats and yachts entering Turkish waters have tripled since 2005, clearly indicating that Turkey is becoming a desirable boating destination. Considering the breathtaking beauty of the bays and coves in the Aegean and Mediterranean waters of Turkey, this is not surprising at all.
Recently renovated and refurbished, this is a unique opportunity to purchase two stone houses in the historical area of Kayakoy in Fethiye – situated within a large plot of land with spacious swimming pool and gardens.
Fethiye
Big Life near Little Bosphorus, opportunities like this are running out in Istanbul – these luxury apartments are within the heart of urban regeneration in the Old City Golden Horn area and form part of an excellent complex with top social facilities.
Istanbul
Fully furnished and ready for a family to move in immediately, this penthouse-style apartment is located within a popular complex in Bomonti area of Sisli and is highly suitable for Turkish Citizenship by Investment.
Istanbul
Apply for a Turkish passport after you purchase one of these luxury-designed apartments on the Anatolian side of Istanbul in the sought after Atasehir – strategically placed within walking distance of the Finance Center.
Istanbul
Within ten minutes to the nearest beach, this fantastic hotel is located in Kemer region of Antalya and is for sale as completely furnished – ready for new investors with a long history of profit and high occupancy rates attached.
Kemer
Specially designed and built to luxury standards throughout, this brand new detached villa is found in a residential complex in the sought after Kemer area of Turkey and offers six bedrooms for the largest of families to live inside.
Kemer
Embrace the luxury lifestyle in Kalkan with this gorgeous home set to be completed in 2015. A chance to grab it now at a lower price before increases occur upon completion. The villa is sold fully furnished and no stone has been left untouched in ensuring this is as beautiful as they come.
Kalkan
Outstanding five bedroom luxury property for sale in the heart of Kalkan, situated just a short walking distance from the centre and harbour, perfect for those looking to relocate with family to enjoy some of the best sea views imaginable.
Kalkan
Branded Migros supermarket in a residential area of Istanbul, found in Basaksehir with a long history of rental income and potential for an investor – opportunities like this are few and far between, enquire today for details.
Istanbul
Located in one of the most sought out and desirable districts in Kalkan, this Komurluk villa has some of the best views in the entire region and is built to the highest possible build quality, as well as being just 100 metres away from the seafront. A must see property.
Kalkan
Looking out across the sea and mountains with incredible views is this rare find villa for sale in the picturesque area of Faralya within the Fethiye region, suitable for year round living with its own private garden and swimming pool.
Fethiye
Just metres to the sea areas is this beautiful modern villa for sale in Kalkan, a great opportunity for those looking to buy in Turkey's next top destination for overseas real estate - Kalkan. Overlooking Kalamar Bay and enjoying great views throughout, this is a must see listing for those looking for something special.
Kalkan
Nestled within a large plot of land for a private lifestyle guaranteed, this outstanding villa is for sale in the sought after area of Gocek in Turkey and is on the market today as completely furnished and decorated throughout.
Gocek
Built to luxury standards throughout, this excellent apartment is located in Kadikoy area of Istanbul and is moments away from Bagdat Avenue, where hundreds of international brands, shops, and daily amenities await.
Istanbul
Ready to move in today, this fully furnished villa is nestled within a private area of Ovacik and has its own heated outdoor swimming pool to enjoy – just a few minutes away from amenities and public transportation.
Fethiye
Nestled within the city centre of Bodrum, this brand new project offers high quality detached villas just three minutes away from Oasis Mall and within a ten minute radius to a plethora of things to do and see in Turkey.
Bodrum
Close to all local amenities and just a short stroll away from the nearest beach is this fantastic property for sale in the Gumusluk area of Bodrum peninsula, complete with its own private swimming pool and green garden.
Bodrum
This charming stone house is surrounded by landscaped gardens and trees and offers a natural environment for family living in Torba just 10 minutes from Bodrum centre. An elite family home set in upper class settings.
Bodrum
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