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.
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
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
If you are looking to stand out from the rest in terms of stunning design and spectacular features, then this Uzumlu detached villa with five bedrooms might be the one for you. This signature residence features lots of privacy in tranquil settings and a crisp, clean, contemporary design.
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
Surrounded by nature and mountain views, this beautiful house is found within a peaceful area of Uzumlu and is suitable for family living in Turkey with its own private garden and large swimming pool outside.
Fethiye
A luxury 5 bedroom house in Kisla overlooking the sea with that famous Kalkan sea view that attracts people in droves looking for fantastic vacations in Turkey. Completely furnished and ready for you to arrive this summer - take advantage of the size and enjoy high rental income too.
Kalkan
This amazing villa is located in the Kisla area of Kalkan and comes with a huge established rental track record making a nice profit on a yearly basis with high occupancy rates. Found just 50 metres from the seafront, this is a highly desirable villa for anyone looking to establish themselves in Kalkan.
Kalkan
This beautiful property is for sale in the peaceful area of Uzumlu in Fethiye, surrounded by fantastic nature views for a private lifestyle guaranteed – this is a must see home with its own private swimming pool and green garden.
Fethiye
Suitable for families looking to move to Turkey, this charming detached home is for sale within the peaceful residential area of Koca Calis and has its own private landscaped garden and swimming pool outside.
Fethiye
Located in the countryside area of Patara in Kas, this wonderful property is on the market today as completely furnished and decorated throughout – this is one that you do not want to miss and comes highly recommended.
Kas
Stone built villa with beautiful views heading out towards the sea in Cesme area of Turkey, forming part of a superb development with access to a private beach – this is one of the best homes that you will find and is a must see property for sale.
Cesme
This four bedroom home is situated within a small estate of just a few villas, and has its own private green garden with swimming pool outside – nestled in a peaceful area of Ovacik with tremendous Babadag Mountain views.
Fethiye
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 luxury standards by a sought after developer in Kalkan, this sea view property is located in Kalamar Bay area and is a must see for those wanting to relocate to Turkey on a year round basis with their loved ones.
Kalkan
Forming part of a 5-star resort with private beach and Marina, this beautiful home is for sale in the Kadriye area of Belek and is completely furnished and ready to move in as soon as the purchase process is finalised.
Belek
Stunning property for sale in a residential area of Kalkan, looking down towards the sea with a stunning panoramic view stretching for as far as the eye can see – this is one of the most impressive homes that you will find in this area of Kalkan today.
Kalkan
Built to be used as a family home in Kas, this gorgeous stone villa is just minutes away from the centre full of life and things to do – situated within a private plot with its own swimming pool and landscaped green gardens.
Kas
Furnished to luxury standards throughout, this outstanding property is found in a peaceful area of Kas and enjoys sweeping views of the Mediterranean Sea – all just a few minutes away from daily shops and the centre full of things to see.
Kas
Nestled within the rural area of Uzumlu in Fethiye, this charming property is on the market today as completely furnished and decorated throughout – it would make for an ideal escape for those looking to retire.
Fethiye
150 metres away from the nearest beach, this Koyunbaba villa has a beautiful sea view and its own private landscaped garden with central swimming pool – ideal for those looking to move to Turkey with their loved ones.
Bodrum
Looking out across the sea, this fully furnished family house is nestled in the Koyunbaba area of Gumusluk and is just metres away from the beach – suitable for those who want to relocate to Bodrum on a permanent basis.
Bodrum
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