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.
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
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
Nestled in a residential area of Ovacik, this charming detached villa has its own private swimming pool and is completely furnished and decorated – ready for a new family to move in immediately after the purchase.
Fethiye
Do not miss out on these Title Deed ready apartments for sale in Adabuku area of Bodrum, located just 100 metres away from the nearest private beach and within a 5-star complex offering a host of on-site facilities.
Bodrum
For sale today with Title Deeds ready, these superb apartments are located in Adabuku area of Bodrum and form part of a 5-star complex complete with access to a private sandy beach measuring 2,000m2 for endlessly sitting outside.
Bodrum
In a highly private area, this luxury designed villa is found in tranquil Ovacik area of Fethiye and is perfect for those seeking a quiet life yet wanting to find themselves just minutes away from life and busy town centres.
Fethiye
Looking out towards Fethiye Bay and the surrounding mountains with tremendous views, this lovely house is for sale in the residential area of Ciftlik and would make for a wonderful family home to live in on a permanent basis.
Fethiye
Complete luxury living is attained with this comprehensive project of apartments in an elite area in Trabzon designed to give you everything you could imagine right at your fingertips or even closer – a beautiful project both inside and out.
Trabzon
This stylish home is nestled within a mountainside area of Ovacik and has tremendous views heading out across the surrounding greenery and nature – forming part of a lovely complex with access to a swimming pool.
Fethiye
Surrounded by pine forests and natural views, this fantastic property is located in a quiet area of Ovacik and is completely furnished and ready to move in immediately – situated within its own private garden with swimming pool.
Fethiye
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