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.
With access to a range of social facilities and amenities, these spacious villas are for sale in a desired area of Konyaalti close to the Bogacay River project and have been constructed to luxury standards from top to bottom.
Antalya
With five bedrooms inside, these luxury villas have everything in place for families moving to Turkey and are nestled within Dosemealti area of Antalya – complete with their own private swimming pools and gardens.
Antalya
Suitable for an Airbnb investment, this tremendous building is located in the heart of Beyoglu in central Istanbul and consists of five apartments in total – ready to be rented out as soon as the purchase has been finalised.
Istanbul
Panoramic villa in Kalkan overlooking the town, bay, and harbour with picture perfect views from terraces and two private swimming pools – this is a home that more than meets all the criteria for those seeking luxury real estate.
Kalkan
With not one, but two private swimming pools, this villa in Kalkan is an admired luxury home with superb sea views from every bedroom inside - the modern contemporary design is such a spectacle that the residence will stand out amongst the rest - for all the good reason of course.
Kalkan
Designed to cater towards those seeking a luxury lifestyle, this incredible villa is found in the gorgeous settings of Zekeriyakoy and is part of one of the top compounds in the area – offering private living and exquisite on-site facilities.
Istanbul
Constructed to luxury standards by a top developer in Fethiye, this new detached villa is found in a residential area of Calis and is just a short walk away from the famous beach for relaxing and spending time at the seaside.
Fethiye
Built with a touch of luxury throughout, this contemporary project offers designer villas for sale in the district of Konyaalti in the city of Antalya and is just five minutes driving distance away from top blue flag beaches and amenities.
Antalya
Perfect for golf lovers is this brand new villa for sale in Belek region of Turkey, just moments away from golf courses and popular beaches for those with families and those looking to spend long summer vacations abroad.
Belek
Enjoying sweeping panoramic sea views, this luxury-designed villa is for sale in Kalkan and is just a few minutes away from daily shops and amenities – perfect for summer vacations or even year round living with a family.
Kalkan
With access to a private beachfront and large gardens, this is an exquisite property in Yalikavak that is located within a prestigious part of the peninsula and more than suitable for year round living.
Bodrum
Looking out towards the sea with an uninterrupted view, this magnificent villa is found in a quiet area of the Kas Peninsula and is a must see for those looking to obtain a high quality of life with their purchase of real estate.
Kas
Literally at the seafront is this exotic villa with amazing view and spectacular features in the pretty area of Cesme. A short drive will take you to the marina and town centre where you will find all the expected amenities. This is as good as it gets in Cesme - a must see.
Cesme
This panoramic sea view designer property is found in Kalkan and is on the market today as completely furnished and ready to move in immediately – situated just ten minutes walking distance away from the town centre and amenities.
Kalkan
Just metres away from the sea area is this authentic style five bedroom house with amazing panoramic views and a touch of class throughout to make it ideal for long term living on the peninsula. A large swimming pool and good sized landscaped gardens complete this residence.
Kas
Offering a modern yet authentic design, these villas have been designed by a famous Turkish architect and there are only 5 in total available in Gumusluk, Bodrum. Overlooking the bay, the location is one to be desired, while the design is one to be admired.
Bodrum
This original Greek stone house is located within a peaceful area of Kayakoy in Fethiye and is surrounded by pine forests and green nature – perfect for those who are looking to escape from busy town centres in Turkey.
Fethiye
An opportunity not to miss out on, this project offers luxury-designed U Houses in Istanbul within the sought after area of Zekeriyakoy and has glass facades bringing the swimming pools and gardens directly inside.
Istanbul
This is a once in a lifetime opportunity for you to own a highly exclusive home on the paradise that is known as Sovalye Island in Fethiye. With private beach access, a swimming pool, and stunning interior and external design - this is one of the best properties on the entire island.
Fethiye
Overlooking a beautiful backdrop of greenery and forests, these luxury smart home flats form part of a boutique low rise project in Tarabya fully equipped with social and communal areas providing you with everything you could possibly need.
Istanbul
This luxury house boasts not one, but two swimming pools and has been completely refurbished from top to bottom at the beginning of 2018. Located in a residential area of Ovacik and just minutes away from amenities.
Fethiye
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