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.
Just a short two minutes away from the town centre and amenities, this spacious property is perfect for year round living in Turkey with a family and comes highly recommended for viewing at the earliest available opportunity.
Fethiye
Built on an elevated spot with distant views of the Blue Lagoon, this is a stunning property in Turkey's most popular summer resort Fethiye Ovacik. The villa offers 4 master bedrooms, 4 bathrooms, generous land size and a large private pool. Design is modern with ample terraces and balconies to enjoy stunning nature all around.
Fethiye
Rented by a national Turkish shop, this is a top opportunity to invest in commercial real estate in a sought after area of Gunesli in Istanbul – forming part of a shopping mall visited by thousands of people daily.
Istanbul
Within two minutes walking distance of the famous promenade lined with things to do, these top quality villas are for sale in Babatasi area of Fethiye and have everything in place for those looking to move abroad with loved ones.
Fethiye
This villa is located within an excellent complex at the frontline to the sea in Calis and has its own private swimming pool and gardens to enjoy – it would make for a wonderful home to spend vacations or even live permanently in Turkey.
Fethiye
This outstanding detached villa is found in Ovacik and is on the market today as completely furnished and decorated from top to bottom – an ideal family home just minutes away from necessities and the nearest centre.
Fethiye
Located almost on the water’s edge, this gorgeous property in Turkey epitomises idyllic Mediterranean summer holidays. Enjoy seaside living at its best in this apartment for sale in Calis Beach, Fethiye. An ideal getaway.
Fethiye
Rustic and tranquil settings make this Islamlar, Kalkan villa a charming place for those looking for an exclusive lifestyle in Turkey yet just a 15 minute drive away from the centre. This modern bungalow style villa is one not to be overlooked, the swimming pool is a delight and the home is a bargain.
Kalkan
Family home for sale in a residential area of Calis, this spacious property boasts its own private garden and large swimming pool and is no more than a short ten minute walk from the bustling beach and promenade full of shops.
Fethiye
Enjoying beautiful sea and Greek island views, this lovely home is found in a residential area of Kas in Turkey and is a must see at a great price – on the market as fully furnished and with its own swimming pool and garden.
Kas
Constructed to luxury standards throughout, this beautiful four bedroom villa is for sale in Gocek and is suitable for year round living in Turkey – just a few minutes away from the famous marina for sailing opportunities.
Gocek
This detached house is completely furnished and ready for new owners to move in as soon as the purchase process has been finished – located in a residential area of Calis with its own large swimming pool and mature gardens.
Fethiye
Enjoying views out towards the sea and surroundings of Fethiye, this Akarca duplex property has everything in place for year round living in Turkey and is just 100 metres walking distance away from the seaside.
Fethiye
Forming part of a beachfront complex, this stunning property is just 40 metres walking distance away from a private beach in Calis and has access to 5-star on-site communal and social facilities open all year round.
Fethiye
At the seafront with water and mountain views aplenty, this is one of our top picks for those looking to construct a dream home in the area of Kas in Turkey, suitable for those seeking the utmost in privacy and an exclusive lifestyle.
Kas
These delightful residences have fantastic views heading out towards the sea and natural surroundings of Adabuku within the Bodrum peninsula – on the market today at excellent prices and forming part of a top project.
Bodrum
Located directly in the centre of Fethiye, this spacious apartment has everything in place for living in the town just a short walk from the harbour and sea where you will find numerous restaurants and things to do daily.
Fethiye
Built to luxury standards throughout, this brand new project offers apartments and villas for sale in a residential area of Yalikavak in Bodrum and is just 50 metres away from a private beach for relaxing at the seaside.
Bodrum
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