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.
Located in an excellent area of Uzumlu, this property is fully furnished and ready for a family to move in immediately after the purchase process has been finalised – tucked away in a peaceful area surrounded by mountain views.
Fethiye
Surrounded by mountains and gorgeous sea views, this triplex apartment is tucked away in a residential area of Karagozler in Fethiye and is for sale today as completely furnished and ready for new owners to move in immediately.
Fethiye
Fully furnished and ready for new buyers to move in, this spacious detached villa is found in a peaceful area of Ovacik in the Fethiye region of Turkey and has its own green landscaped gardens and large swimming pool outside.
Fethiye
Looking out towards the sea and surroundings, this spacious apartment is for sale in the elite neighbourhood of Suadiye in Kadikoy on the Anatolian side of Istanbul and is within a few minutes to the famous Bagdat Avenue.
Istanbul
Title Deeds are in place, making this apartment suitable for those wanting to obtain Turkish Citizenship through means of real estate investment – located within one of the most highly desired projects in the city centre of Istanbul.
Istanbul
Looking like its just stepped out of a designer home magazine, this luxury villa is a cut above the rest when it comes to outstanding real estate in Dalyan, built with clean lines and inspiring architecture from top to bottom.
Dalyan
Located in the peaceful and desired neighbourhood of Akarca, this detached villa is suitable for those looking to live in Fethiye permanently and is situated within its own private garden with large swimming pool to enjoy.
Fethiye
Branded supermarket for sale within a busy area of Beylikduzu in Istanbul, situated at the entrance of an apartment complex with access to hundreds of potential customers on a daily basis – a must see listing.
Istanbul
Overlooking the sea with sweeping views is this charming duplex apartment for sale in the heart of Kas in Turkey – minutes from the centre and local amenities. This residence offers lots of rental potential for those looking to invest.
Kas
Looking out across the mountains and nature, this semi-detached villa is on the market today at an affordable price and is ten minutes away from the centre of Gocek where all daily shops and amenities can be enjoyed.
Gocek
Enjoy retirement in Turkey when you purchase this tremendous bungalow for sale in Uzumlu area of Fethiye, complete with private swimming pool and large garden for spending the entire summer season outside.
Fethiye
Laid out internally by a famous Turkish designer, this high quality home is found in the centre of Dalyan and has a long history of rental bookings for investors seeking income with their purchase of real estate in Turkey – do not miss this one.
Dalyan
Completely furnished and ready for new owners to move in immediately is this charming detached villa for sale in a residential area of Fethiye, just a short ten minutes drive away from the world famous Blue Lagoon Oludeniz Beach in Turkey for sale.
Fethiye
This sea view property in Suadiye has been built to luxury standards and has four bedrooms inside for a large family to live in Istanbul on the Anatolian side of the city, just a few minutes away from the famous Bagdat Avenue.
Istanbul
Suitable for family living in a highly sought after area of Buyukcekmece, this magnificent six bedroom villa has been built with luxury touches throughout and is situated within a private gated community with facilities within.
Istanbul
This rare stone house has recently been renovated throughout and is offered for sale today as furnished and located in the historical setting of Kayakoy, overlooking the Ghost Town with incredible views – do not miss this one.
Fethiye
Situated within its own landscaped garden with private swimming pool and wonderful views out towards nature is this spacious villa in Ovacik for sale at a great price for those looking to spend an extended amount of time in Turkey.
Fethiye
With only two homes in total, this is an opportunity not to miss – these properties are located in the highly residential area of Akarca and are just a short walking distance away from a new park and nearby promenade lined with things to do.
Fethiye
Invest in this rare building for sale in the Konyaalti area of Antalya, suitable for those seeking rental income from their purchase of Turkish real estate or those looking to obtain citizenship by investment for their family.
Antalya
With only a few units remaining for sale, please call or contact us for more details about buying one of these stylish properties in Nisantasi area of Istanbul, within easy walking distances to international brands and boutiques.
Istanbul
Close to all local necessities and shops, these brand new properties are for sale in Akarca and are just a short ten minutes away from the nearest beach for relaxing and spending long afternoons with loved ones.
Fethiye
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