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.
Designed to luxury standards from top to bottom, this state-of-the-art villa enjoys a sweeping view across the sea and town centre of Kalkan and is situated just a short ten minutes walking distance away from all local amenities and facilities.
Kalkan
Built to luxury standards by a top developer in Alanya, these beautiful apartments and villas come highly recommended for viewing at the earliest and have lovely views heading out towards the sea and Taurus Mountains.
Alanya
Furnished and ready to move in, this one-of-a-kind villa is nestled within a residential area of Dosemealti in Antalya and is highly recommended for viewing as one of our top picks for luxury real estate in Turkey.
Antalya
A life of luxury awaits with this stunning sea view villa in Kalkan Bay incorporating everything about the region that is fast making it Turkey's premier stop for those looking to purchase top of the range houses in the country. Just take a look at the images for yourself - breathtaking.
Kalkan
This rare find 5 bedroom villa is located just a short walk from Kalkan Harbour, making it an ideal purchase for those who love water. Enjoy daytrips sailing the surrounding islands and coves uncovering all that Kalkan has to offer. Sold fully furnished and found on the first row to the sea.
Kalkan
Surrounded by unspoilt nature and sea views, this beautiful home offers a completely private life in the peninsula of Kas due to its huge plot of land and has everything in place for buyers wanting to move to Turkey permanently.
Kas
Very spacious 5 bedroom apartment found on the top floor of a modern complex in Antalya with the best views of the region right at your fingertips. Take in a life of luxury by the sea in one of the region's most prestigious areas and a great investment potential to be had here.
Antalya
With tremendous views of the sea and Bodrum Castle, this fully furnished villa is centrally located and perfect for families moving to Turkey – just a few minutes away from daily amenities and transportation.
Bodrum
Enjoying an unobstructed view of the sea from a private infinity swimming pool, this fully furnished villa is for sale within the beautiful area of Faralya and has been constructed to luxury standards throughout.
Fethiye
Built to exceptional standards, these Dosemealti villas have their own private landscaped gardens and large swimming pools outside – all just a few minutes away from amenities and public transportation options.
Antalya
Right next to the sea with access to a private beach and social facilities, these tremendous villas are nestled between Yalikavak and Gumusluk in Bodrum and are perfect for families and those relocating to Turkey.
Bodrum
Fully completed and ready for buyers to move in, this fantastic project offers tremendous apartments for sale in Kadikoy area of Istanbul, metres away from Bagdat Avenue, one of the longest shopping streets in Turkey.
Istanbul
Available today at an exceptional price not to miss, this stunning villa is located in a peaceful area of Gocek in Turkey and is perfect for those who love sailing, with the nearest harbour accessible within a matter of minutes.
Gocek
Tucked away in a peaceful area of Uzumlu, these brand new bungalow style properties are suitable for retiring to a quiet part of Fethiye and have spacious green gardens with infinity swimming pools to enjoy.
Fethiye
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