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.
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
Just minutes away from the ocean and with access to a private beach, this stunning project is a beautiful opportunity for someone seeking an elite class of living in Bodrum. Close to the town centre, this one ticks all the boxes.
Bodrum
Situated within one of the most famous projects in the entire city of Istanbul, this panoramic apartment is for sale in the Maslak district and has four bedrooms inside for the largest of families to live together comfortably.
Istanbul
Built for families who want to live away from the hustle and bustle of Istanbul city centre, these beautiful homes are for sale in Gurpinar area of Beylikduzu and have their own private green gardens and swimming pools.
Istanbul
We absolutely adore this villa, this property is one of the prettiest in Kalkan in our view, and is perfectly located for someone looking to enjoy a five-star lifestyle surrounded by world class facilities just a short walk away.
Kalkan
This Title Deed ready villa is found within a popular area of Beylikduzu and has a fantastic view heading out towards the sea and surroundings – situated within a large plot of land for a private lifestyle in Istanbul.
Istanbul
5-star panoramic sea view apartment for sale in a desired area of Yalikavak, just minutes away from the world famous Palmarina – forming part of one of the most anticipated projects to come out of Bodrum in recent years.
Bodrum
Designed to absolute perfection are these wonderful sea view properties located in Yalikavak just a short distance away from the Marina, and boasting an incredible design and modern home automation system that needs to be seen.
Bodrum
This private bungalow style villa is located in a residential area of Konacik overlooking the surrounding nature with spectacular views from a private garden with large swimming pool – this is a must see listing for year round living.
Bodrum
Within walking distance to the seafront are these prestigious apartments in Atakoy, just minutes away from the famous marina and Galleria Mall – an excellent spot for upper class elite living amongst the wealthy of Istanbul.
Istanbul
Charm Blue Looking out across the sea with some of the most impressive panoramic views possible are these brand new apartments in Zeytinburnu for sale – this is the last chance saloon to buy a seafront home in central Istanbul.
Istanbul
Within walking distance to the centre of Yalikavak full of life and things to do, this luxury designed villa has recently been completed to superb standards and is suitable for year round living or raising a family in Turkey.
Bodrum
Built with luxury living in mind, this rare bungalow style property is situated in a peaceful area of Bitez in the Bodrum Peninsula and is just a short walk away from Blue Flag beaches and all daily amenities including restaurants.
Bodrum
Enjoy a fantastic view out towards the sea and island from these outstanding luxury-designed properties found in a sought after location in Bitez, featuring access to a private beach and more than suitable for year round living in the peninsula.
Bodrum
Constructed using the best quality materials and technological advancements in modern real estate, these stunning Bitez apartments are just five minutes away from Bodrum Centre and feature smart home systems and a range of other quality facilities.
Bodrum
Golden opportunity to own and operate your own boutique hotel in Kas – this hotel has sweeping sea views and a long history of attracting repeat customers all through the summer season in Turkey. You will not find a better investment.
Kas
Enjoy life at the seaside when you purchase this incredible villa in Torba, complete with access to a private sandy beach just moments away – this picturesque home is situated within a gated community of family houses.
Bodrum
Offering a huge plot of land measuring 1,200m2 in total, this luxury Gumusluk villa offers a little wow factor for those searching for spectacular real estate abroad. Enjoy a highly private lifestyle surrounded by spectacular nature views and secluded away from the hustle and bustle of city life.
Bodrum
Forming part of a 5-star complex in Gocek located directly at the entrance to the sea with access to a marina and sailing facilities, this is an opportunity not to miss out on and comes highly recommended for viewing at the earliest available chance.
Gocek
Situated in the hills of Yalikavak is this luxury-designed villa with beautiful views out towards the sea and marina, set within a private garden with pool and perfectly suited for year round residential living in an elite area of Bodrum.
Bodrum
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