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.
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
Looking down towards the main town of Fethiye and surrounding mountains is this bargain priced apartment for sale in residential Tasyaka, just a short walk away from local markets and all daily amenities needed.
Fethiye
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
Suitable for those seeking a sure fire bargain, this outstanding project is tucked away in the peaceful area of Kargicak in Alanya and offers apartments for sale with access to superb on-site communal areas and residential facilities.
Alanya
Semi-detached villa for sale in a quiet residential area of Akarca in Calis, just a short walking distance away from local amenities including shops and close to the promenade for spending days and relaxing with loved ones.
Fethiye
Within easy walking distances to the nearest beach and promenade lined with things to do on a daily basis is this delightful apartment in Calis, for sale at an affordable price and suitable for year round living in the region.
Fethiye
Recently completed in 2017 to contemporary modern standards from top to bottom, this picture perfect Turgutreis villa enjoys a remarkable island and sea view and is set within landscaped gardens with a private swimming pool.
Bodrum
In a highly private area, this luxury designed villa is found in tranquil Ovacik area of Fethiye and is perfect for those seeking a quiet life yet wanting to find themselves just minutes away from life and busy town centres.
Fethiye
One of the most impressive skyline view apartments that you will find in Istanbul, this Sisli residence offers a 5-star lifestyle for year round living in Turkey with access to a full range of social facilities and services within.
Istanbul
Constructed to superb standards using locally sourced stone and materials is this wonderful unique property for sale in Kizilagac Village in Bodrum – perfect for nature lovers seeking to escape to an authentic lifestyle in rural settings.
Bodrum
Build your own dream home in Turkey when you purchase this delightful plot of land in the Doger Village, Seydikemer area of Fethiye – suitable for those wishing to apply for Turkish Citizenship through real estate investment.
Fethiye
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
Built to luxury standards throughout, this brand new villa is found in a residential area of Ovacik in Fethiye and has its own swimming pool and landscaped gardens for spending endless summery days outside with loved ones.
Fethiye
High quality family homes for sale in the Nilufer area of Bursa, situated just ten minutes away from the nearest shopping mall for all necessities, and suitable for those wanting to live in this beautiful city on a year round basis.
Bursa
Suitable for the largest of families looking to live in Turkey, this spacious detached villa is found in a residential area of Akarca in Calis and is situated within private grounds with a beautifully landscaped garden and nature views.
Fethiye
Rented by a world famous international chain, this fast food shop for sale in Istanbul comes highly recommended for those looking to invest with rental income in place for years to come – do not miss out on this one.
Istanbul
A range of apartments and villas for sale in a residential area of Bodrum, situated in Umurca within walking distance to shopping needs and transport – this is a high quality project that comes recommended for viewing.
Bodrum
Enjoying sweeping views out towards the sea from all rooms inside is this picturesque villa for sale in a peaceful area of Kalkan, situated in a huge plot with privacy guaranteed and on the market today as completely furnished.
Kalkan
Built using the very best materials, this outstanding property is found in Nilufer area of Bursa and has a modern contemporary design for family living just five minutes away from the city centre full of life and things to do.
Bursa
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