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.
Looking over the sea and gifting you amazing panoramic views is this impressive sized plot of land for sale with building permission in place to construct a large family mansion in a sought after location in Yalikavak close to the Palmarina.
Bodrum
Constructed using stone of the highest quality, this beautiful Ortakent villa is just 700 metres away from the nearest public beach area for relaxing and is five minutes away from the marina for top sailing opportunities.
Bodrum
Right in the heart of Fethiye Town, this is a unique opportunity to purchase a luxury-designed apartment within one of the most contemporary projects to come out of the region in recent years, this is a must see listing.
Fethiye
Commercial property for sale in Fethiye, this apartment building offers a tremendous amount of rental potential all year round in the residential area of Karagozler with a lovely view heading out towards the sea and beyond.
Fethiye
Offering various different types of apartments for sale in central Istanbul, these Kagithane properties are perfect for investors and lifestyle buyers looking to live in Turkey on a year round permanent basis.
Istanbul
Boasting an incredible sea view from a marvellous roof terrace, this exquisite home in Yalikavak is just minutes away from Tilkicik Bay and just a short distance from the centre where you will find a range of amenities needed for daily living.
Bodrum
Commercial property in the heart of Istanbul, this Sisli shop is currently tenanted on a long term basis with ten years left on the current agreement – perfect for an investor seeking rental income and high capital growth each year.
Istanbul
Surrounded by green nature and wonderful views, this exceptional project is tucked away in Sariyer area of Istanbul and comes highly recommended as one of our top picks – you will not find a better project than this.
Istanbul
Just a few minutes away from the seafront, this outstanding property is perfect for those wanting to live in Fethiye on a year round basis with their children and enjoy central amenities within close proximity.
Fethiye
Large family house in a residential area of Mudanya in Bursa, just moments away from daily amenities and necessities needed for a high quality of life in Turkey – this is one of the top picks currently available in the city.
Bursa
In the very heart of Yalikavak, this expansive plot of land is just a short walk away from the main street and all daily amenities, making it a perfect option for someone looking to build a home for all the family to use in Bodrum.
Bodrum
Located in the Gemlik area of Bursa, this is a unique opportunity to invest in a huge plot of land for someone looking to operate their own business in Turkey – this agricultural plot is already harvesting 15 tonnes of trees.
Bursa
Enjoying sweeping views down towards the sea and surroundings, this spectacular villa is found in a residential area of Kisla in Kalkan and has its own infinity swimming pool and garden for relaxing outside.
Kalkan
Located just minutes away from the famous Calis Beach is this 5-star property for sale within one of the most sought after complexes in Fethiye and complete with access to a full range of on-site amenities and lifestyle facilities.
Fethiye
This brand new project offers apartments for sale in the Avcilar area of Istanbul, ranging from one – four bedrooms with different floor plans for buyers to choose from – highly suitable for families wanting to live in a friendly area.
Istanbul
In a residential area, suitable for year round living in Bodrum, these excellent villas are found in Gokcebel area of Yalikavak and are recommended for viewing at the earliest – these will not be on the market for very long.
Bodrum
One of the best properties that you will find available in Alanya today, this beautiful house is fully equipped for those looking to indulge in a luxury lifestyle in Turkey and forms part of an elite complex with a wide range of on-site facilities.
Alanya
Constructed using locally sourced stone of the highest quality, these spacious villas are nestled in a private and residential area of Gumusluk in Bodrum – just a few minutes away from the nearest beach and amenities.
Bodrum
This world class development offers access to a 300 metre long private beach with on-site restaurant and seven swimming pools to choose from – the developer has included everything and anything; leaving you with no reason to ever leave.
Bodrum
Located in the historical area of Cihangir in the heart of Istanbul is this beautiful apartment for sale with spectacular view out towards the Bosphorus Sea – this property is highly suitable for year round living in Turkey.
Istanbul
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