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.
Just minutes away from the famous West Marina, these beautifully designed properties are villa-style apartments with views across the sea and beyond. This is an exceptional project with an abundance of social facilities included.
Istanbul
Full Bosphorus Sea view home for sale in the artistic area of Cihangir, just a few minutes walking distance away from the seafront and close to Taksim Square – you will struggle to find a better listing in this part of the city.
Istanbul
With sweeping views heading out to the sea, these contemporary properties are tucked away in an elite area of Turkbuku in Bodrum and have an abundance of luxury features included making these some of the best listings in the area.
Bodrum
Incredible commercial land opportunity for investment in Meselik Village in Milas, this plot would be ideal for someone who is looking to construct a luxury hotel or even a huge shopping mall in Bodrum.
Bodrum
At the absolute seafront is this incredible land for sale in Karaincir Beach in Akyarlar, complete with 30% building permission in place for tourism operations – allowing an investor to construct a luxury hotel or resort.
Bodrum
This is an opportunity to purchase a luxurious house right in the centre of Bodrum, just minutes from the Marina Yacht Club and enjoying some of the most incredible Castle and Sea views from your hugely private garden.
Bodrum
Located on Sovalye Island – an island so private, small, and beautiful, that there are no roads on the island, everywhere is accessible by foot, the seafront home is just a ten minute boat ride from Fethiye Centre and enjoys superb views over the surrounding sea and nature.
Fethiye
High class sea view villa in Kalkan with huge wraparound terraces for you to relax and take in the remarkable vistas. This house has been furnished in a tasteful manner and offers a unique experience just two minutes from the sea and beach clubs.
Kalkan
Apartment building suitable for investment in the residential area of Gursu in Konyaalti, just a short 500 metre walking distance from the famous beaches and within close proximity to all daily amenities and lifestyle shops.
Antalya
Available as luxury apartments and villas, this project has been constructed to outstanding standards by a sought after developer in Istanbul and is found in Zekeriyakoy area of Sariyer, surrounded by nature at every turn.
Istanbul
Title Deeds are in place, making this apartment suitable for those wanting to obtain Turkish Citizenship through means of real estate investment – located within one of the most highly desired projects in the city centre of Istanbul.
Istanbul
Designed and constructed using locally sourced stone materials of the highest quality, this authentic stone house in Bitez offers complete privacy and is just 10 minutes walking distance away from the nearest beach area.
Bodrum
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.
Istanbul
This brand new property is located in a residential area of Bitez and overlooks the sea with tremendous unobstructed views, complete with its own private garden and large swimming pool – all just 3km away from Bodrum Centre.
Bodrum
Prime apartments for sale directly at the beach in Konyaalti area of Antalya, suitable for those looking to obtain Turkish Citizenship by real estate investment within a top complex with a full range of on-site social and communal facilities.
Antalya
This is a custom built bungalow style villa located in the centre of Bodrum in Konacik, just minutes away from beaches, shopping centres, and everything else you would need close to you for permanent living in the peninsula.
Bodrum
Incredible villa in Konacik with sweeping views and fabulous sunsets, this house is found on a hill and overlooks some of the most impressive sights you could imagine, all while being just five minutes away from Bodrum Centre.
Bodrum
How would you fancy living in a home where you have the beach literally just 50 steps away from your own living room? That is exactly what you get with this very rare Sovalye Island home along with access to a jetty making this a dream come true for anyone who likes the water.
Fethiye
Located within expansive gardens and land measuring 7,300m2, this hugely private stone house has a beautiful view out towards the sea and is a paradise tucked away in natural settings in Yalikavak just minutes from the centre.
Bodrum
These central square properties are the perfect investment opportunity on the Asian side of the city and feature access to the largest shopping mall within the city, with more than 400 shops to browse and choose from.
Istanbul
In the heart of the historical area of Galata, this commercial shop is found along a busy high street and has a long term tenant in place providing rental income for the investor as soon as the purchase has been finalised.
Istanbul
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