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 state-of-the-art project is located in Gumusluk and is just a short elevator ride away from an extensive private beach area meaning that residents will always find their private spot besides the ocean on a daily basis.
Bodrum
Minutes away from the coast and West Marina, these Beylikduzu properties have fantastic sea views and are available as apartments or duplexes – suitable for year round living and raising a family in Turkey.
Istanbul
You will struggle to find a better property in Faralya than this outstanding five bedroom deluxe villa shrouded in privacy with panoramic sea views from all levels and a spacious garden with large infinity swimming pool to enjoy.
Fethiye
Enjoying amazing views of the sea and natural surroundings, this new apartment is nestled within a private area of Gumusluk in Bodrum Peninsula and forms part of a quality complex equipped with a private beach and pool.
Bodrum
Combining all four elements of life is this project of 23 detached and semi-detached villas in the hills of Yalikavak in private settings, setting the standards of real estate for years to come. The developers have achieved one of a kind project blending into natural settings for pure satisfaction.
Bodrum
Commercial property for sale in Kepez region of Antalya, suitable for buyers looking to obtain long term rental income and invest in a growing area of the city – all just 15 minutes away from the nearest international airport.
Antalya
A perfect home for the whole family to habitat is this amazing Side villa found within walking distance to the sandy beaches and offering 4 large bedrooms all for a bargain price under 200,000 Euros. This is a great deal and should not be missed. Call today for information.
Side
Nestled within a peaceful area of Kemer in Antalya, these fantastic properties are available today at bargain prices not to miss out on and can be purchased individually or as four total units for a lower total cost.
Kemer
Protected with green belt in front and with superb sea view, this is a rare opportunity to purchase seafront land in Turkey. Located close to Kalkan harbour and Kalamar beach club, it is possible to build a spacious home thereon
Kalkan
With a touch of authenticity throughout, this gorgeous property is absolutely superb and features a private swimming pool, landscaped green gardens, and lots more to discover inside – a dream home in the sun in Turkey.
Alanya
Exquisite home in Kisla just minutes away from some of the premier beach clubs in Kalkan for a large family looking to relocate to a fully furnished house that also has an abundance of rental history and potential.
Kalkan
Pick up a classic stone built house in Alacati at this bargain price and enjoy one of the most alluring regions that Turkey has to offer every summer. An ideal investment or summer home destination, Alacati has an authentic appeal that you will not find elsewhere in the country.
Alacati
Recently completed construction in March 2014 are these modern apartments in the working city of Antalya providing you with a bustling year round atmosphere. There are 56 units in total available and the nearest beach is easily accessible making it a great option for both beach life and work life.
Antalya
Known as the most sophisticated area of Turkey, Kalkan is awash with a charming aura that you can't help but feel captivated with the moment you arrive. With this reduced listing, you can enjoy that feeling day after day as you walk the cobbled streets or relax in the rooftop restaurants.
Kalkan
Completed and ready to move in, this charming villa is nestled within a residential area of Belek and has its own private garden and swimming pool – all just a few minutes away from necessities and public transportation.
Belek
Offering lots of privacy and authenticity is this superb villa that is sold as fully furnished and located in Colakli in Side - a quiet and peaceful surrounding with lots of nature and green views throughout. This home would be an ideal getaway for a couple or a family to enjoy.
Side
This detached villa has panoramic views across the Valley and surrounding nature of Uzumlu and is suitable for large families relocating to Turkey – complete with its own private garden and infinity swimming pool.
Fethiye
Fully furnished and ready for a family to move in immediately, this charming villa is nestled in the residential area of Kas Goksek within the peninsula and has sweeping views heading out towards the sea and natural surroundings.
Kas
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