Find Your Ideal
Home & Investment
Find Your Ideal Home
& Investment
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.
5-star houses for sale at the waterfront in Buyukcekmece, overlooking the sea with endless views and offered for sale at the lowest possible prices for investors looking for a once in a lifetime opportunity in Istanbul.
Elite apartments for sale in the sought after residential area of Bahcesehir in Istanbul, suitable for investment with a strong exit strategy for those seeking rental income – please contact us today for figures and details about these homes.
Detached villa for sale in the heart of Kalkan, just a short walk away from popular restaurants and busy bars for spending days relaxing and enjoying life in Turkey – this is a tremendous home for the entire family to enjoy.
Within walking distance to the centre of Yalikavak full of life and things to do, this luxury designed villa has recently been completed to superb standards and is suitable for year round living or raising a family in Turkey.
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.
Looking out towards the sea and Palmarina with incredible 180-degree views, this is a luxury designed property for sale in Yalikavak that would make for an excellent family home with infinity private swimming pool and garden.
Situated at the seafront in Yalikavak, these luxury homes have access to a private beach platform and a dock for mooring a large boat during the summer, forming part of an elite project with each and every property overlooking the sea.
Panoramic luxury designer properties in Yalikavak minutes away from the marina and town centre full of lifestyle facilities and amenities – these homes form part of a boutique project designed and built using A+ materials.
This is a brand new development offering a range of apartments for sale in the residential area of Eyup close to the centre of Istanbul, suitable for those looking to commute and move towards business districts for work purposes.
Private family villa located within a sought after compound with a reserve area behind, this spacious five bedroom property is only 700 metres away from the seaside and is listed for sale as fully furnished with all white goods included.
This private bungalow style villa is located in a residential area of Konacik overlooking the surrounding nature with spectacular views from a private garden with large swimming pool – this is a must see listing for year round living.
Located just minutes away from the famous Calis Beach is this 5-star property for sale within one of the most sought after complexes in Fethiye and complete with access to a full range of on-site amenities and lifestyle facilities.
This pretty little marina town is home to some of the finest real estate in Turkey, and these high quality homes are just the tip of the iceberg as to what you can find in Gocek today. Perched in an elevated position with a great sea view throughout, grab one of these luxury residences today.
This free standing property has to be considered as one of the top ten properties currently for sale in the entire peninsula of Bodrum and is located just 20 metres walking distance away from the sea and a private water jetty.
Fantastic luxury designed completed apartment for sale in a gorgeous area of Bursa, offered to the market in spectacular condition from top to bottom – found within a sought after complex boasting a swimming pool and gardens.
Four bedroom house with room for all the family to enjoy a new lease of life in the popular setting of Ovacik close to everything you could possibly need – for sale today at a bargain price considering the quality and size of the home.
Just ten minutes walking distance away from the world famous Palmarina in Bodrum, this designer villa offers 180 degree panoramic sea views stretching endlessly across the bay and has been designed to 5-star standards throughout.
Escape from reality and head to tranquility with this beautiful three bedroom villa available in the Arikbasi area of Dalyan. With an unbelievable view of mountains from your balcony to the plentiful of greenery planted in the garden, this is a must see.
These deluxe properties overlook the Asian and European parts of Istanbul side-by-side with the Bosphorus Sea and natural forests surrounding – this is one of the top picks for those looking to invest in elite homes in Turkey.
Farmhouse style villa located in a peaceful area of Ortakent just minutes away from the beach and nearest shopping mall full of stores and things to do. The house is situated in a private garden with large sized swimming pool.