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 excellent standards throughout is this lovely family home for sale in Nilufer area of Bursa, located within its own private garden with tremendous views heading out towards the surrounding nature and scenery – a must see.
Bursa
This is an exciting opportunity for someone to purchase two properties within a vast plot of land in the peaceful and quiet area of Nif, surrounded by mountain views at all corners; this one ticks all the boxes.
Fethiye
Looking out to the sea with lovely views, this four bedroom residence is found in a quiet area of Tuzla in Istanbul and is close to all amenities including Tuzla Marina for those who love sailing some of the best sailing routes in Turkey.
Istanbul
Situated within its own private garden with large swimming pool and space for relaxing, this affordable home is found in the Ciftlik area of Calis and is just a few minutes away from local amenities and the nearest beach.
Fethiye
Fully furnished and ready for new owners to move in immediately, this delightful apartment is found in the heart of Fethiye Town centre and has a superb view heading out towards the sea and Harbour just metres away.
Fethiye
A range of apartments and villas for sale in a residential area of Bodrum, situated in Umurca within walking distance to shopping needs and transport – this is a high quality project that comes recommended for viewing.
Bodrum
Close to daily amenities and just 50 metres away from the nearest beach is this charming apartment for sale in Gundogan area of Bodrum – highly suitable for use as a family flat in a residential area of the peninsula.
Bodrum
Operating as a successful coffee shop, this is an excellent investment opportunity in Kartal on the Anatolian side of Istanbul – a must see for someone looking to invest in a shop with a long term tenant currently in place.
Istanbul
Located within a small complex with access to a shared swimming pool and sunbathing terrace is this charming apartment for sale in Fethiye, just a few minutes away from daily amenities and the famous Calis promenade.
Fethiye
Rare stone built cottage in the historical settings of Kayakoy Ghost Village in Fethiye, overlooking Babadag Mountains and surrounding sites – this property is set within a garden with its own swimming pool and comes highly recommended.
Fethiye
This is a fantastic fully furnished apartment for sale in a residential area of Calis in Fethiye, situated within an excellent year round complex with access to a full range of social facilities and on-site spaces for residents.
Fethiye
Enjoying a lovely view of the Bay and surrounding mountains, this duplex apartment is nestled within a residential area of Fethiye Town and is a must see for those looking to move to Turkey with their children.
Fethiye
Built to luxury standards throughout, this brand new villa is found in a residential area of Ovacik in Fethiye and has its own swimming pool and landscaped gardens for spending endless summery days outside with loved ones.
Fethiye
Furnished and ready to move in, this spacious apartment is located within a peaceful complex in a residential area of Calis within the Fethiye region of Turkey – all just a short walk away from the beach and necessities.
Fethiye
Olympos region bungalow for sale in Kemer, Antalya. Surrounded by pine forests and with a backdrop of the Taurus mountains, this listing is a traditional home for those seeking a getaway yet only 30 minutes away from the bustling city of Antalya. All in all, well worth taking a closer look.
Kemer
For sale at an affordable price, this charming apartment is nestled on the outskirts of Fethiye Town and has a view out towards the sea and Harbour – suitable for those wanting to make their life in Turkey a permanent one.
Fethiye
This excellent apartment is situated within a popular complex in Calis and has access to a large central swimming pool and social facilities for residents to relax and spend their days socialising with each other.
Fethiye
Listed for sale at an affordable price for families looking to live in Bodrum peninsula on a permanent basis is this charming property in Umurca, situated within its own landscaped green garden with a partial sea view.
Bodrum
This charming apartment is located in a historical location in Cihangir and offers three bedrooms for a large sized family to live permanently in Istanbul within walking distance to Taksim Square and Istiklal Avenue.
Istanbul
Looking out towards the sea with fantastic views, this brand new development is located in an elite area of Uskudar in Istanbul and offers homes for sale in sizes ranging up to five rooms for large families to live.
Istanbul
Ripe for investment, these outstanding properties are located just minutes away from central areas including Maslak and Taksim and are for sale today at bargain prices that are only going to rise considerably upon completion.
Istanbul
Available today at a bargain price not to miss out on, this spacious apartment is situated within a top complex in the Calis region of Fethiye and is just a short walking distance away from the famous sandy beach area.
Fethiye
Within close distance to Ilica Beach and daily amenities, this spacious villa is located in the Cesme area of Turkey and is for sale at a great price for those looking to relocate with family members to a highly sought after area.
Cesme
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