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 six bedrooms inside, this villa has more than enough space for the largest of families to relocate to the residential area of Calis in Fethiye and is just 500 metres away from the busy promenade and restaurants.
Fethiye
Suitable for Turkish citizenship applications, these apartments are for sale in the Kosuyolu area of Istanbul on the Anatolian side of the city and are now fully completed and ready for buyers to move in immediately.
Istanbul
Close to the Metro and daily amenities, these spacious apartments rise in Kadikoy on the Anatolian side of Istanbul and have sea views from higher floor units – enquire today to secure yours at the best possible price.
Istanbul
Right in the heart of Istanbul, these prestigious apartments are for sale in Nisantasi and are just a short walk away from City’s Nisantasi shopping mall – suitable for those who want to invest or those who want to live in the centre.
Istanbul
With 111 on-site stores and commercial units, coupled with an extensive range of social and communal facilities, these properties are a must see in Buyukcekmece and are situated just minutes away from the sea with endless panoramic views.
Istanbul
Built to exceptional standards by a top developer in Fethiye, this tremendous property is for sale in the Hisaronu area of the region and is just a short walk away from shops, restaurants, and public transportation for moving around.
Fethiye
These are real homely residences in Istanbul designed to reflect on the cultural history and spirit of the city. These properties ooze a luxury appeal that would be hard to find anywhere else in Turkey. An absolute must see.
Istanbul
Offering an extensive range of on-site social and communal facilities, this outstanding project offers apartments for sale from one – four bedrooms in a residential area of Beylikduzu and is perfect for lifestyle buyers as well as investors.
Istanbul
This boutique hotel for sale consists of four standalone bungalows and is nestled within the peaceful area of Samanli in Yalova – each property has its own private swimming pool and landscaped garden outside.
Yalova
Minutes away from Taksim Square and the Bosphorus Sea, this penthouse-style apartment is located in the heart of Bomonti in Sisli area of Istanbul and forms part of a prestigious site with 5-star services to use.
Istanbul
Tranquil three bedroom house for sale within a highly sought after private estate in Yalova, situated just five minutes away from Marmara Sea and beach – an excellent and highly residential spot for exploring this area of Turkey.
Yalova
Detached house in the peaceful neighbourhood of Agullu in Kas, situated a 7km drive away from the main town centre full of life and things to do – this property has panoramic views heading out towards the sea and surrounding nature.
Kas
With access to a swimming pool and mature gardens, this four bedroom duplex apartment is perfect for families looking to move to Turkey permanently and is nestled within a residential area of Calis close to amenities.
Fethiye
Fully furnished and ready for buyers to move in immediately, this duplex apartment is nestled within a residential area in the marina town of Karagozler in Fethiye – located within a site with shared pool and green gardens.
Fethiye
Nestled within the private area of Dosemealti and surrounded by nature and serene views, this villa is a must see for those relocating with family members to Antalya and is complete with its own garden and swimming pool.
Antalya
Situated just five minutes walking distance away from the village centre and for sale at a bargain price is this scenic three bedroom home in Uzumlu – complete with its own private garden and spacious swimming pool to enjoy.
Fethiye
Built to custom standards by a top developer in Kas, this delightful villa has all the charm of a year round family property within the peninsula and is situated within its own private plot with large swimming pool outside.
Kas
Within walking distance to the centre of Dalyan, this detached villa is found in Arikbasi and boasts a large garden with fantastic private swimming pool and established rental income for those looking to make an investment purchase in Turkey.
Dalyan
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