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.
Escape to the country with one of these luxury villas found besides a golf club in Bodrum. The properties and project have been designed for those who love an active and natural lifestyle, surrounded by forests and views.
Bodrum
Elite project of villas situated just 20 minutes away from the centre of Istanbul, yet surrounded by tremendous greenery in the forms of a 120,000 tree forest and central lake full of swans and other wildlife – one of the most impressive in the city.
Istanbul
Constructed to excellent standards using locally sourced stone, this detached villa is found in a residential area of Konacik in Bodrum and forms part of a high quality complex with shared swimming pool and landscaped gardens.
Bodrum
With four bedrooms inside, this tremendous property is perfect for year round living in Fethiye within the sought after area of Hisaronu and is on the market as completely furnished and decorated from top to bottom.
Fethiye
This is a large weekly supermarket for sale in the Arnavutkoy area of Istanbul, offering rental income immediately for a new investor and is tenanted with a long ten years remaining on the current contract signed.
Istanbul
Located in the elite area of Karagozler within Fethiye, this villa is on the market today as completely furnished and has been renovated recently to excellent standards – suitable for buyers looking to live permanently.
Fethiye
Suitable for year round living and raising a family in Turkey, this tremendous villa has its own private landscaped garden and swimming pool in Ovacik and is just a few minutes away from shops and transportation.
Fethiye
Tucked away in Sapanca, these gorgeous properties are just minutes away from the Lake with unrivalled views stretching out endlessly, perfect for those looking to re-energise in natural settings just a short drive from Istanbul centre.
Sakarya
Suitable for family living within the residential area of Akarca in Fethiye Town, this charming house is for sale today as completely furnished and decorated from top to bottom – ready for new buyers to move in.
Fethiye
With lovely nature views, these contemporary homes are for sale in Nilufer region of Bursa and have been designed to high quality standards – these are ideal for those who are looking to relocate on a permanent basis.
Bursa
Brand new property ready to move in immediately, this detached villa is found in the quaint town of Gocek and has its own private pool and garden – all just minutes away from the famous Marina for those who love sailing.
Gocek
Built to 5-star standards, this elite villa is nestled away in a quiet area of Calis and is on the market as fully furnished and decorated throughout – situated within its own private lot with large gardens and swimming pool.
Fethiye
Fully furnished villa for sale in a residential area of Side, overlooking the sea and mountains with tremendous views stretching endlessly – this property is ready to move in immediately and has its own private garden and swimming pool.
Side
Designer property for sale in Faralya just moments away from daily amenities, enjoying a wonderful view out towards the sea and nature, as well as being within easy driving distance to the world famous Blue Lagoon at Oludeniz.
Fethiye
Fantastic property for sale in the sought after area of Zekeriyakoy in Istanbul, tucked away in a natural setting surrounded by green views and scenery – this villa has eight bedrooms and could sleep the largest of families.
Istanbul
Constructed to superb standards using locally sourced stone and materials is this wonderful unique property for sale in Kizilagac Village in Bodrum – perfect for nature lovers seeking to escape to an authentic lifestyle in rural settings.
Bodrum
One of the best complexes that you will find in Bitez area of Bodrum, this site offers a range of apartments for sale with sea views and is ideal for year round living nestled between the town centre and the resort of Gumbet.
Bodrum
Enjoying a full sea view, this charming villa is located in Celaliye area of Buyukcekmece and is just two minutes away from everyday necessities and amenities – this listing is ideal for year round living with a family.
Istanbul
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