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.
Built to luxury standards throughout, this beautiful villa is ideal for those who are looking to live in Turkbuku area of Bodrum on a year round basis and is just a few minutes walking distance away from a beach club.
Bodrum
Built to luxury standards by a top developer in Antalya, this fantastic project offers apartments for sale within the Sarisu neighbourhood of Konyaalti and is just five minutes driving distance away from the nearest beach.
Antalya
Minutes away from Bahcesehir Lake with beautiful nature views, these brand new flats are for sale in sizes ranging from studios – three bedrooms and are equipped with a full range of social and on-site facilities for residents to use.
Istanbul
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
Enjoy panoramic views of the sea and surroundings when you purchase this luxury-designed stone built villa in the village of Bayindir in Kas region of Turkey – located just 15 minutes away from the town centre full of daily amenities.
Kas
Priced to sell, this bargain project offers superb apartments for sale on the Anatolian side of Istanbul in the highly residential area of Fikirtepe – a few minutes away from Kadikoy where numerous restaurants and shops are found.
Istanbul
These Pendik apartments have tremendous views heading out towards the Marmara Sea on one side and Aydos Forest on the other side – suitable for buyers looking to live in a peaceful area of Istanbul at an affordable price.
Istanbul
Five bedroom luxury penthouse for sale in Belek, offering enough space for multiple families looking to enjoy long summer vacations practicing golf in one of the top golfing regions in the entire world – this is a must see.
Belek
With five bedrooms, this spacious property has all the makings of a wonderful family base in the sought after area of Ortakent in Bodrum just a short walk away from a water jetty, beach platform, and local daily amenities.
Bodrum
These bargain apartments are for sale in Fikirtepe on the Anatolian side of the city and are available in multiple types and sizes for buyers – complete with access to a range of social facilities and shared spaces within.
Istanbul
Rising in Sultanbeyli area of Sancaktepe, these modern apartments are for sale on the Anatolian side of Istanbul and have access to superb facilities including vast landscaped green gardens and swimming pools.
Istanbul
A lovely opportunity for a family looking to move to Turkey permanently – this semi-detached home is nestled within the residential area of Koca Calis and is just a short walk away from shops and the nearest beach.
Fethiye
Ready to move in today, these accommodating apartments are found in Umraniye on the Anatolian side of Istanbul and form part of a top project equipped with extensive social facilities and shared spaces for residents.
Istanbul
Surrounded by nature and mountain views, this beautiful house is found within a peaceful area of Uzumlu and is suitable for family living in Turkey with its own private garden and large swimming pool outside.
Fethiye
Located in the heart of Istanbul, this Starbucks coffee shop is found in Sisli and is just moments away from a major busy high street full of potential customers – this is an excellent investment opportunity in Turkey.
Istanbul
Forming part of a luxury-designed project with shared swimming pool and lounge to enjoy, these apartments are for sale in central Besiktas in Istanbul and have views heading out towards the sea and city landscape.
Istanbul
Constructed to elite standards by a top developer in Bodrum, this contemporary villa is nestled in a highly private area of Yalikavak in Bodrum and enjoys ample privacy with a large garden and swimming pool outside.
Bodrum
This stone built bungalow-villa is nestled within a peaceful area of Kucukbuk in Gundogan and has beautiful views across the natural surroundings – situated within its own private plot of land with large swimming pool.
Bodrum
This is a unique opportunity to purchase a fully operating and successful hotel in Kiziltas area of Kalkan – suitable for Turkish Citizenship applications and nestled within an elevated spot with unobstructed views of the sea.
Kalkan
Fantastic luxury designed house for sale in the peaceful area of Ovacik in Fethiye, overlooking a beautiful surrounding of nature and Mount Babadag – this listing has been beautifully furnished from top to bottom.
Fethiye
An opportunity not to miss out on – these affordable apartments are found in the city centre of Istanbul in the thriving and developing area of Bomonti, just a few minutes away from Taksim Square in one direction or Nisantasi in the other.
Istanbul
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