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.
This specially designed property is available today at a great price, and is found in a quiet area of Belek close to golf courses and within easy driving distances to local beaches and popular landmarks including Land of Legends.
Belek
Immaculate private family home for sale in a peaceful area of Ovacik, within close proximity to all daily necessities and quality amenities on foot – this four bedroom house has enough room for the largest of families and features a private pool and mature garden.
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
Situated within gardens featuring trees that are over 100 years old, this stone built villa is located in a residential area of Urla in Izmir and comes highly recommended for viewing at the earliest available opportunity.
Izmir
Available at a great price today is this charming detached villa for sale in a peaceful area of Ovacik perfect for year round living or raising a family in Turkey – all situated in a private plot with large garden and swimming pool.
Fethiye
Located in Sultanahmet and just minutes away from the Grand Bazaar and Blue Mosque, this is a unique Ottoman house for sale at a bargain price. This property could be converted into separate apartments for those investing.
Istanbul
Ready to move in immediately, this fully furnished property is tucked away in a residential area of Ovacik with tremendous mountain views and is just five minutes away from the world famous Blue Lagoon at Oludeniz Beach.
Fethiye
Suitable for raising family in Turkey, this modern detached villa is just a short ten minutes away from the world famous Blue Lagoon Oludeniz Beach and is nestled away in Ovacik with tremendous views of the mountains and surroundings.
Fethiye
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
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.
Fethiye
Overlooking the sea and marina with a wonderful view is this old traditional house for sale in sought after Karagozler – this home is currently used as two apartments but could be refurbished into a family property easily.
Fethiye
Built to modern standards from top to bottom, this is a stunningly beautiful villa for sale in a peaceful area of Uzumlu in Fethiye, within five minutes to the centre and situated within a private garden with large swimming pool.
Fethiye
Tucked away in peaceful settings, this Inlice Village property has its own private swimming pool and is for sale at a great price for those looking to escape to the countryside in Gocek, just minutes away from the nearest beach.
Gocek
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
5-star designer villa with its own private swimming pool and landscaped gardens in a highly sought after area of Nilufer in Bursa – this property is just minutes away from shopping malls, city centre, and everything else you could possibly need.
Bursa
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.
Dalyan
This is an excellent investment opportunity for those looking for ready made businesses that return a high degree of profit immediately – this shop for sale is located in Basaksehir area of Istanbul and currently has a tenant in place.
Istanbul
Just a short walking distance away from a private beach and pier, these state-of-the-art properties are located in a residential area of Gundogan and have been designed for both summer and winter use, making them ideal permanent bases in Bodrum.
Bodrum
Just a short two minutes away from the town centre and amenities, this spacious property is perfect for year round living in Turkey with a family and comes highly recommended for viewing at the earliest available opportunity.
Fethiye
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