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
Metres away from the seaside and beach, these beautiful properties have been designed with luxury living in mind in the Yalikavak area of Bodrum and can be purchased as apartments or private villas with swimming pools.
Bodrum
Looking out across lovely green surroundings from attached balconies, these completed apartments are for sale in the central area of Eyup and are recommended as one of our top picks for family living in Istanbul.
Istanbul
Right at the seafront with access to a private beach measuring 20,000m2, these luxury designer apartments are found in Kadikalesi and are suitable for year round living within one of the most sought after developments in Bodrum.
Bodrum
Fantastic villa for sale in Bahcesehir, forming part of an elite project, one of the largest in the area and full of on-site social facilities for residents to indulge in a luxury lifestyle within easy commuting distances to the centre of Istanbul.
Istanbul
Overlooking the valley and countryside of Kayakoy is this beautiful stone house recently renovated and modernised throughout to excellent standards – fully furnished and ready to move in with a private swimming pool in the garden.
Fethiye
Invest in peaceful Yaka Village when you purchase this wonderful detached villa for sale at a great price in Bodrum, close to Ortakent. This property has all the makings of a lovely family home for those looking for complete privacy.
Bodrum
Just a short 40 metre distance away from the sea and private beach is this luxury designer villa for sale in the peaceful area of Bogazici in Bodrum – fully furnished and ready for new owners to move in today, this is one not to miss.
Bodrum
Constructed and built to exceptional quality, this detached villa is located in a peaceful area of Ovacik in the sought after area of Fethiye just moments away from the famed beach and within easy driving distance to Fethiye town centre.
Fethiye
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
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
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
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
In a central setting just 1.5km from Bodrum Marina is this marvellous bargain priced Konacik villa found at the front line to the sea with dramatic views and a private garden – move in today with your family and contact us for information.
Bodrum
Whether you are looking for a holiday home with lots of investment potential for rental income, or a spacious family house to relocate you loved ones to Turkey, this fully furnished villa in Kiziltas ticks all the boxes.
Kalkan
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
Just a short walking distance away from the nearest supermarket and daily necessities, this spacious villa is found in the quiet area of Koca Calis and has its own private landscaped garden with swimming pool.
Fethiye
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
Boasting some of the most beautiful marina views imaginable, this four bedroom villa is found in Karagozler and is surrounded by premium quality homes, a great choice for those looking for a luxury lifestyle in Turkey.
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
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