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.
Incredible investment opportunity in the heart of Beyoglu, listed today for sale at 30% below market value for a smart investor to get in today and enjoy high capital appreciation over the next 2-3 years – you cannot miss this one.
Istanbul
Boasting the wow factor, this special apartment is located in one of the most desired and elite neighbourhoods of Antalya, and is just metres away from a green park and wonderful beach area. There is also a full range of hotel facilities within the project.
Antalya
Invest in the central heart of Istanbul when you purchase one of these incredible properties for sale in Nisantasi – forming part of a prestigious complex featuring an on-site shopping mall and access to an Underground.
Istanbul
Close to West Marina with striking nature views, this brand new villa forms part of a private estate in the Beylikduzu area of Istanbul and is ideal for those seeking a life of luxury within easy commuting distances to the centre.
Istanbul
Huge sized shop for sale in the residential area of Kucukcekmece in Istanbul, located just moments from large family complexes and houses – this supermarket is currently tenanted by a national brand on a long term contract.
Istanbul
Living in Kalkan hardly gets better than this amazing property stone's throw from Kisla seafront. Located almost frontline to sea this luxury modern villa offers 4 double bedrooms arranged to soak in best of sea views in Kalkan
Kalkan
Designed to luxury standards from top to bottom, this state-of-the-art villa enjoys a sweeping view across the sea and town centre of Kalkan and is situated just a short ten minutes walking distance away from all local amenities and facilities.
Kalkan
Panoramic sea view duplex apartment for sale within the beautiful area of Moda on the Anatolian side of Istanbul – this is a must see listing for those looking to obtain a luxury lifestyle minutes away from everything.
Istanbul
Looking out across the Marmara Sea with panoramic views from attached balconies and wide terraces, these completed apartments are in Kartal on the Anatolian side of Istanbul and have access to a range of facilities.
Istanbul
Designed to reflect the mood and tastes of residents, there are so many different moods to choose from when selecting which property you would like to purchase in this superb modern project in the city. From a New York mood to a Paris mood, we have you covered with this one.
Istanbul
Rising in the city centre of Istanbul, these luxury-designed apartments are found in Besiktas and have fantastic views out towards the Bosphorus Sea – this is a top pick for those looking to live in Turkey permanently.
Istanbul
Set to be completed in June 2015, these luxury villas in Kalkan incorporate everything about modern real estate today that is great. Offering superb sea views and located just a short 15 minute walking distance to the water itself, there are only a couple of these ones available.
Kalkan
Looking down towards the sea with a beautiful sunset, these magnificent homes are nestled within the residential area of Cukurbuk in Gumusluk – perfect for families and those looking to relocate permanently to Turkey.
Bodrum
Take in sublime panoramic views over the sea when you invest in one of these modern properties for sale in Bodrum just minutes away from the centre and sea area. These properties tick all the boxes and are ones not to be missed. In a rare location.
Bodrum
This luxury house boasts not one, but two swimming pools and has been completely refurbished from top to bottom at the beginning of 2018. Located in a residential area of Ovacik and just minutes away from amenities.
Fethiye
With access to a private beach just metres away, this is a tremendous complex and one of the most sought after in the Yalikavak region of Bodrum – offering villas and apartments for sale at excellent prices for buyers to choose from.
Bodrum
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