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.
Providing a completely private lifestyle, this spacious seven bedroom family house is for sale in the villa district of Buyukcekmece in Istanbul and comes with a plethora of luxury details including an indoor and outdoor swimming pool.
Istanbul
Built to exception standards, this peaceful house is for sale in the Ocakkoy area of Fethiye and has stunning views across the surrounding nature and countryside – suitable for those wanting to escape to Turkey.
Fethiye
Private luxury designed villas for sale in the sought after area of Torba, just 900 metres away from the nearest beach and local amenities making these properties perfect for family living with stunning sea and nature views.
Bodrum
Completed and ready to move in immediately, this fully furnished apartment is for sale in Yalikavak and is just ten minutes away from the Marina for luxury shopping, restaurants, and endless sailing opportunities.
Bodrum
Offering high rental and investment prospects, these spacious apartments are found in the central area of Kagithane and have Title Deeds in place – making them suitable for obtaining a Turkish passport through real estate.
Istanbul
Built to 5-star standards throughout, this spectacular project offers luxury villas for sale within the Geris area of Yalikavak within the Bodrum peninsula and is just 400 metres away from the nearest public beach for relaxing.
Bodrum
Fully furnished and ready to move in, this traditionally built stone villa is found on the far side of Kas Peninsula and is suitable for year round living in Turkey just seven minutes away from the centre full of things to do.
Kas
Found within an excellent complex with shared swimming pool and gardens, this spacious villa is located in Kadikalesi in Bodrum and would suit a family looking to live permanently within the peninsula or someone retiring to sunny settings.
Bodrum
Luxury designed family home for sale in a residential area of Dosemealti in Antalya, just minutes away from large facilities and amenities – this property is situated within a private garden and even has a separate guest house.
Antalya
Own an apartment set within a hotel complex in one of the most sought after projects in the whole of Turkey, this is as good as it gets. With a rental program guaranteed to pay back original investment within 10-12 years, and private beach access, as well as mooring facilities - this is living life to the fullest.
Bodrum
Beautifully kept and maintained villa for sale in Kayakoy Ghost Town area of Fethiye, situated within its own landscaped gardens with pool and lovely views heading out towards famous landmarks and historical archaeological sites.
Fethiye
This is the rarest type of home that you will find for sale in Fethiye today. The option of picking up a villa in Kayakoy doesn’t come around every day, so anyone interested in this should act fast or miss out.
Fethiye
Furnished and ready to move in immediately, this detached villa is for sale in Ovacik area of Fethiye and has its own private garden and swimming pool – all just a short ten minute walk away from amenities and shops.
Fethiye
Relocate to Izmir with the family when you purchase this delightful six bedroom villa for sale in Guzelbahce area, forming part of a quiet estate with access to swimming pools and sports facilities for residents to use.
Izmir
Overlooking the sea with a delightful view, this detached villa has all the makings of a wonderful family home in Kadikalesi area of Bodrum and is just a short 500 metre walking distance away from the nearest sandy beach.
Bodrum
Renovated house with more than 150 years of history attached to it, this is a rare find in Gurece in Bodrum offering lots of privacy with a plot measuring 1,000m2, a swimming pool, and outstanding views across nature and the sea.
Bodrum
Bargain priced for such a rare location and exquisite design, these villas overlook the sea in the centre of Bodrum and are found no more than five minutes away from Oasis Shopping Centre and a short drive to the Marina.
Bodrum
Escape to the country with one of these luxury villas found besides a golf club in Bodrum. The properties and project have been designed for those who love an active and natural lifestyle, surrounded by forests and views.
Bodrum
Constructed to excellent standards using locally sourced stone, this detached villa is found in a residential area of Konacik in Bodrum and forms part of a high quality complex with shared swimming pool and landscaped gardens.
Bodrum
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