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.
Within walking distance to the marina, this super luxury designer villa is located in a 5-star development in Yalikavak and is built using unique techniques blending wood and natural stone to create a home that stands out for all the right reasons.
Bodrum
Renovated to modern standards throughout, this hotel is for sale in Sisli area of Istanbul and is just a few minutes away from Taksim Square – ideal for an investor looking to operate their own successful business.
Istanbul
Nestled away in a private area of Sariyer is this designer mansion style villa for sale in Istanbul, a rare find on the market and one that will not be available for long – offering seven bedrooms inside for a large family.
Istanbul
In the sought after location of Camlica on the Asian side of Istanbul, this five-star development offers residences in many different types and sizes, and offers flexible payment terms for those looking to spread the cost over an affordable period.
Istanbul
For sale here is a 5-star luxury designer property in Yalikavak, enjoying 270-degree vistas out towards the Palmarina and sea. Perfect for elite living in Bodrum, this house guarantees a complete private lifestyle in Turkey.
Bodrum
This is a unique opportunity to purchase an entire building for sale in the city centre of Antalya – just minutes away from daily shops and all necessities with a tram station located directly outside for centre commuting.
Antalya
Luxury epitomised in this one of a kind home with spectacular open sea views and superb facilities to make your new life in Turkey one to be admired from all fronts. This property truly is a remarkable example of the ilk of real estate that you can find in Turkey today.
Bodrum
Uber modern villa located in Tarabya, designed from top to bottom with a luxury lifestyle in mind for someone who is looking to place themselves amongst the upper echelons of the city – this property certainly meets your criteria.
Istanbul
Hotel for sale in Didim within a superb tourist location close to public transport and daily amenities – this is an opportunity not to miss and includes a full range of on-site social facilities and areas for guests to use.
Didim
This is an incredibly unique opportunity to live a life of privacy in Antalya when you purchase this outstanding property nestled in forests and greenery – this listing needs to be seen in person to be truly appreciated.
Antalya
This mansion-style villa offers the best of both worlds for families – a peaceful setting with greenery everywhere and access to the city centre of Istanbul within 20 minutes. This is an opportunity you do not want to miss.
Istanbul
This isn't the everyday property you find for sale in Turkey, this is the very very best on offer in the country. This luxury mansion has 8 bedrooms and is simply phenomenal both inside and outside - words can't describe this one so simpy take a look at the pictures for yourself and you will not be disappointed.
Bodrum
3.5 star hotel for sale at the beachfront in Kemer, just a short walking distance away from the sea and even closer to all daily amenities including top restaurants, local shops, and public transport for moving around.
Kemer
Located in Paradise Bay in Turkbuku, these properties are some of the most impressive that you will find in the entire peninsula of Bodrum today, just metres away from a private sandy white beach area for daily relaxing besides the sea.
Bodrum
Surrounded by Belgrad Forest in Sariyer, this elite villa forms part of a private estate and is one of the best properties you will find in Istanbul today – this house has been designed and built for luxury family living away from the city centre.
Istanbul
Located at the beachfront in Turkbuku, this 5-star property forms part of an exclusive development and is on the market as fully furnished – this is one of the very best villas that you will find in Bodrum today.
Bodrum
We cannot stress the importance of this investment enough – this is a superb opportunity to own a building with 62 hotel-apartments within, giving you an abundance of possibilities to go forward with your investment in Konyaalti.
Antalya
Located on a busy high street lined with shops, restaurants, and banks is this tremendous hotel for sale in residential Mudanya area of Bursa just metres away from the seafront with a gorgeous view from most rooms inside.
Bursa
Luxury properties located in the centre of the sought after area of Nisantasi, within walking distance to elite shopping areas and featuring a wide range of outstanding social and communal facilities for residents to enjoy.
Istanbul
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