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 villa offers eight bedrooms and has more than enough space inside for the largest of families looking to relocate to Akarca in Fethiye. This property has its own private swimming pool and green garden for relaxing.
Fethiye
With three apartments inside, this building is perfect for those looking to invest in Kas and attract a high level of rental income all summer long – these listings share access to a swimming pool with an incredible sea view.
Kas
Pick up a bargain retirement home in the sunny settings of Maras in Dalyan when you purchase this rare bungalow for sale just a short three minute walk away from the town centre full of things to do and places to visit.
Dalyan
Forming part of a 5-star compound fully equipped with extensive facilities and social areas, this tremendous villa is for sale in Beykoz in Istanbul and represents one of the best examples of real estate in this area of the city.
Istanbul
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
Reasonably priced for a quick sale, this spacious property is located in the centre of Bodrum in the residential area of Kumbahce and has its own private garden measuring 150m2 in size, suitable for raising a family in Turkey.
Bodrum
Situated at the waterfront in a prime position, this outstanding stone built villa is found in the Kas peninsula of Turkey and is a must see for those looking to live in the country close to all daily amenities and facilities.
Kas
Rented by a national supermarket with ten years left on the current tenancy contract is this high quality commercial shop for sale in Istanbul on the Anatolian side, situated in a residential are full of life and families living.
Istanbul
This spacious three bedroom apartment is located in the cosmopolitan town of Gocek and offers tremendous views across surrounding mountains and nature – forming part of an exclusive complex with excellent facilities.
Gocek
Beautifully designed inside and out, this spacious villa is tucked away in a residential area of Calis in Fethiye and is close to everything needed, including the nearest sea and beach just a 15 minute stroll in the sun away.
Fethiye
In the residential Oba area of Alanya, this brand new development offers apartments for sale ranging from one – three bedrooms in multiple types for families looking to relocate to the city within close proximity to everything needed.
Alanya
Fantastic property for sale in the sought after area of Zekeriyakoy in Istanbul, tucked away in a natural setting surrounded by green views and scenery – this villa has eight bedrooms and could sleep the largest of families.
Istanbul
Suitable for a large-sized family looking to live in Fethiye on a permanent basis, this delightful home is for sale in the Akarca area of the town and is just 300 metres away from the nearest seafront and local daily necessities.
Fethiye
Brand new luxury apartment in Caddebostan neighbourhood of Kadikoy for sale, ticking all the boxes for those looking to live on the Asian side of Istanbul just 50 metres walking distance away from the famous Bagdat Avenue.
Istanbul
Ready for owners to move in, this project offers spacious apartments for sale in sizes ranging up to six bedrooms and is found in Beylikduzu area of Istanbul, just two minutes away from West Marina and within five minutes to shopping malls.
Istanbul
Available for buyers up to four bedrooms, this tremendous project is found in Zeytinburnu area of Istanbul and offers modern apartments with access to superb social facilities and top views heading out towards the sea.
Istanbul
Rare opportunity to purchase a readymade business in Bodrum at an exceptional price, this hotel has been heavily discounted for a quick sale and has more than 50 positive reviews on TripAdvisor; an investment that you simply cannot miss.
Bodrum
Outstanding apartment for sale in Etiler area of Istanbul, situated just a few minutes away from Zorlu Centre and close to Levent and Maslak – this is a must see residence forming part of a 5-star development in the centre.
Istanbul
This charming villa has five bedrooms and would be suitable for those wanting to live in Calis in the Ciftlik area on a year round permanent basis – all just a short five minute drive from the beach and bustling promenade.
Fethiye
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