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.
This is an excellent opportunity to live within the peaceful Dosemealti area of Antalya – these luxury villas have their own swimming pools and landscaped gardens and can be used in applications for Turkish Citizenship.
Antalya
Designed and built to immaculate standards, this detached villa for sale is just a short walking distance away from the centre of Hisaronu full of popular bars, high quality restaurants, and nightlife to enjoy all year round.
Fethiye
Designed to elite standards and surrounded by nature at every corner, these completely private villas are located in Arnavutkoy and are just 30 minutes away from the city centre of Istanbul for commuting and raising a family in Turkey.
Istanbul
Charm Blue - Located directly at the seafront, these luxury apartments are for sale in Zeytinburnu area of Istanbul close to public transport for commuting and forming part of a 5-star complex fully equipped with social areas and on-site facilities.
Istanbul
Built to exceptional standards throughout, these mansion-style villas are located in an elite area of Yalikavak with panoramic sea views stretching endlessly – these are some of the most impressive that you will find in Bodrum.
Bodrum
In a prime area of Antalya, this Konyaalti duplex apartment is ready to move in immediately and has been kept in excellent condition throughout – suitable for buyers looking to obtain Turkish Citizenship by Investment.
Antalya
Situated within a huge plot guaranteeing a private lifestyle in Turkey, this spacious Kas villa is found in Gokseki and has a lovely view out towards the sea – available today at a bargain price, do not miss out on this opportunity.
Kas
Tenanted by a national bank with a ten year lease available, this commercial property is found alongside the coast of Istanbul in Bakirkoy and is just minutes away from local amenities and public transport full of people.
Istanbul
Located in the crowded finance and business district of Maslak, this tremendous property is a top investment opportunity in Istanbul and will provide a healthy rental income stream for the years to come for the buyer.
Istanbul
A ten minute walk from local restaurants, shops and supermarkets, this villa is set in the perfect location for those who are looking for the best of both worlds – from relaxing by the pool at home to shopping for local delicacies.
Kalkan
Situated within their own private gardens with swimming pools, these spacious villas are ideal for year round living in the Dosemealti area of Antalya and are just a few minutes away from daily amenities and public transportation.
Antalya
With four bedrooms inside, these villas are suitable for family living within the peaceful area of Dosemealti on the outskirts of Antalya city centre – ideal for those seeking a cooler climate and lovely natural views.
Antalya
Tucked away within a peaceful area of Dosemealti, these stunning villas have everything in place for family living away from the city centre of Antalya and form part of a luxury and highly private complex in Turkey.
Antalya
Situated within private landscaped gardens with large swimming pools, these spectacular villas are for sale within a residential area of Nilufer in Bursa and are recommended for those looking to relocate to Turkey.
Bursa
Built to modern standards by a top developer in Antalya, this fantastic project offers luxury villas within the peaceful area of Dosemealti and is just a few minutes away from amenities and highways for moving around the city.
Antalya
Enjoy some of the most incredible daily sunsets from your own terrace when you purchase this deluxe villa for sale in Alanya overlooking the Mediterranean with panoramic vistas that have to be seen to be believed – do not miss this.
Alanya
This is one of our top picks for property for sale in the exclusive Kalkan area of Turkey, a designer home with two swimming pools and a range of luxury features throughout. This is a stunning listing that you do not want to miss out on.
Kalkan
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