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 by a world renowned architect, these properties are centrally located and offer a luxury lifestyle like never before seen in Turkey – this is one of the most prestigious projects that you will find in the entire country today.
Istanbul
Looking out towards the sea with panoramic views stretching endlessly, this world class villa forms part of an elite project within Yalikavak area of Bodrum and is just minutes away from the sea with access to a beach.
Bodrum
There are only four villas within this top quality residential complex in Belek, situated just minutes away from the nearest golf course for golf lovers and those looking to spend the summer working on their handicap in luxurious surroundings.
Belek
Luxury-designed, fully furnished restaurant lounge with separate shisha area for sale in a top residential area of Basaksehir in Istanbul – completely turn key and ready for new investors to enjoy income immediately.
Istanbul
Enjoy panoramic views of the sea and surroundings when you purchase this luxury-designed stone built villa in the village of Bayindir in Kas region of Turkey – located just 15 minutes away from the town centre full of daily amenities.
Kas
This resale apartment is nestled within the Central Business District of Istanbul in Kagithane and offers five bedrooms for a family to live together – just a few minutes away from daily amenities and public transportation.
Istanbul
Located right beside the sea and promenade with uninterrupted views, this fantastic duplex apartment is for sale in the heart of Fethiye Town and has access to shared landscaped gardens and a lovely swimming pool.
Fethiye
This charming house is a must see for those looking to live in Istanbul and raise their family close to the seaside in Buyukcekmece area – fully detached with a view heading out towards the sea and surroundings.
Istanbul
Constructed to high standards using locally sourced stone, this detached villa is nestled within a peaceful area of Yalikavak in Bodrum Peninsula and is just 300 metres away from the nearest beach and amenities.
Bodrum
To put it simply, this listing is absolutely stunning, a rare find and a fantastic property for sale. This won’t last long on the market. With unobstructed perfect views over the Mediterranean Sea and ultimate luxury throughout the home, this is one of the best you will find in Kalkan.
Kalkan
This brand new project offers apartments for sale in the Avcilar area of Istanbul, ranging from one – four bedrooms with different floor plans for buyers to choose from – highly suitable for families wanting to live in a friendly area.
Istanbul
Masgard Homes, located in the centre of Istanbul, prestigious area of Maslak, are just opposite Vadi Istanbul, the finest shopping mall in the city. Backing onto the Belgrade Forest with fantastic views for those investing in Turkey.
Istanbul
Elite properties for sale in Nisantasi area of Istanbul, forming part of a 5-star development equipped with an on-site shopping mall and direct access to a Metro Underground for those commuting around the city.
Istanbul
Next to the Valley of Life in Istanbul and available today with Title Deeds ready, these apartments in Beylikduzu are suitable for citizenship by investment and form part of an amazing project with comprehensive facilities.
Istanbul
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