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.
Located in Turkey’s most exclusive seaside town, this six bedroom detached villa has all the makings of a wonderful family home in the sun and is just minutes from famous marinas for those who love to sail the seas.
Gocek
Located at the beachfront in Turgutreis, this is a luxury designer apartment for sale at an excellent price within one of the best complexes that you will find in the entire peninsula of Bodrum – this is a must see listing.
Bodrum
Ready to move in immediately, this fully furnished property is tucked away in a residential area of Ovacik with tremendous mountain views and is just five minutes away from the world famous Blue Lagoon at Oludeniz Beach.
Fethiye
Offering the best of both worlds, these Cekmekoy apartments for sale are found in a green area on the Anatolian side of Istanbul and are just a short drive away from Kadikoy and other central districts within the city.
Istanbul
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
Completely furnished and decorated from top to bottom, this duplex apartment is ready to move in today in the residential area of Gulpinar in Dalyan, just moments away from all your lifestyle needs and family amenities such as restaurants and shops.
Dalyan
Situated within its own landscaped garden with private swimming pool and wonderful views out towards nature is this spacious villa in Ovacik for sale at a great price for those looking to spend an extended amount of time in Turkey.
Fethiye
Steps away from the beach and daily necessities, these top quality villas are for sale in the residential and highly sought after area of Torba within the Bodrum peninsula and enjoy sweeping views across the surroundings.
Bodrum
Invest in peaceful Yaka Village when you purchase this wonderful detached villa for sale at a great price in Bodrum, close to Ortakent. This property has all the makings of a lovely family home for those looking for complete privacy.
Bodrum
Invest in this rare building for sale in the Konyaalti area of Antalya, suitable for those seeking rental income from their purchase of Turkish real estate or those looking to obtain citizenship by investment for their family.
Antalya
Constructed using authentic stone imported from Alacati in Izmir, this wonderful house is located in the heart of Bitez and overlooks the sea with a breath taking view stretching out across the water for as long as the eye can see.
Bodrum
Suitable for retiring to Turkey or living permanently with a family, these spacious bungalow style villas are found in an idyllic setting in Torba just five minutes away from the nearest beach and within close proximity to a shopping mall.
Bodrum
Surrounded by valley views and a eucalyptus tree forest, this stone built property is tucked away in a private area of Kayakoy Village and comes highly recommended for viewing for those seeking the rarest of real estate in Turkey.
Fethiye
Available at a bargain price not to miss out on, this tremendous apartment rises within the city centre of Fethiye and is five minutes away from everything needed – suitable for those who are looking to relocate permanently.
Fethiye
Just a short walking distance away from a private beach and pier, these state-of-the-art properties are located in a residential area of Gundogan and have been designed for both summer and winter use, making them ideal permanent bases in Bodrum.
Bodrum
Completely furnished retirement property for sale in Turkey is this spacious Seydikemer house with unobstructed views of the countryside in a peaceful area of Fethiye just a short drive away from daily amenities and necessities.
Fethiye
Choose from apartments and villas for sale within this outstanding project in the Alacati / Cesme area of Turkey when you buy here – this 5-star development is just metres away from numerous beaches with panoramic sea views.
Cesme
Fully furnished immaculate family villa listed at a great price and located just a few minutes away from the lively town centre of Hisaronu, situated within an award-winning complex with access to a shared swimming pool and gardens.
Fethiye
Super luxury apartment in the heart of Fethiye Town, overlooking the sea and promenade with views to die for and just moments away from everything you could possibly need – this is one of our top picks in the centre for sale.
Fethiye
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