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.
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
Overlooking the Bosporus Sea and Bridge with commanding views stretching endlessly, these luxury designer properties are located in Uskudar on the Asian side of the city and are just minutes away from the European side and city centre.
Istanbul
Looking out across Macka Park and the city of Istanbul, this fantastic apartment is for sale within the important central area of Nisantasi and is just a short walk away from 5-star hotels, parks, and daily necessities.
Istanbul
Located in the heart of Istanbul, this Starbucks coffee shop is found in Sisli and is just moments away from a major busy high street full of potential customers – this is an excellent investment opportunity in Turkey.
Istanbul
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
Located within a green valley with fantastic views stretching out towards the sea, these beautiful apartments are for sale in Uskudar in Istanbul and have everything in place for a successful transition to Turkey.
Istanbul
Offering an outdoor swimming pool as well as an indoor swimming pool, this spectacular villa is nestled on the outskirts of Babadag Mountain in Ovacik area of Fethiye and has lovely views heading out towards nature.
Fethiye
Enjoy a panoramic sea view when you purchase one of these family villas for sale in the residential and highly sought after Gumusluk area of Bodrum – situated just a short 500 metre walking distance away from the beach.
Bodrum
Constructed to luxury standards from top to bottom, this magnificent villa offers a spacious outdoor swimming pool as well as a heated indoor swimming pool and is on the market today as completely furnished and decorated.
Fethiye
A beautiful family villa located in the heart of Side sold as fully furnished and ready for you to move in once you have purchased and received the title deeds. Great location with all local amenities and beaches within an easy distance away. A must see property abroad.
Side
A very spacious villa in Kemer for sale within a residential area with lots of privacy ensured making this a lovely getaway for you to escape to in the summer. A large sized swimming pool and pretty gardens make this a beautiful spot to invest and purchase a holiday villa.
Kemer
With four bedrooms inside, this spacious villa has more than enough room for the largest of families to live together permanently in Ciftlik area of Calis – nestled just ten minutes walk away from the promenade and beach.
Fethiye
Designed to luxury standards is this peaceful villa located in the area of Karagedik in Calis, surrounded by a mature garden with private swimming pool and incredible interior design featuring unique ceilings and lots more.
Fethiye
With five bedrooms inside, these panoramic sea view villas are ideal for those who want to live in Yalikavak on a permanent basis with loved ones – nestled just four minutes driving distance from the famous Marina.
Bodrum
Located within a busy shopping mall guaranteeing visitors every single day, this is a golden opportunity to buy commercial real estate in Istanbul in the popular area of Eyup – rented by an international restaurant.
Istanbul
These are luxury apartments for sale in the heart of Istanbul in the sought after Mecidiyekoy area of Sisli available in sizes ranging from one – four bedrooms with multiple different types for buyers to choose from.
Istanbul
This is an incredible opportunity to purchase a luxury-designed villa in Kalkan with panoramic views heading out towards the sea and surrounding nature – this house is nestled just a few minutes away from daily necessities.
Kalkan
Perched on a private hillside in Bodrum, this estate offers a range of luxury villas for sale within walking distance to both the central area as well as the marina. These properties feature a striking interior layout and are well worth the tag of luxury homes.
Bodrum
Luxury apartment offering tremendous views and a superb location for year round living in the Konyaalti area of Antalya with a family – this flat enjoys access to 5-star social facilities and is a top pick that won’t be available for much longer.
Antalya
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