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.
In front of a large green park with a fantastic sea view, this spacious apartment is for sale in the Lara area of Antalya and is a must see for those relocating with their children to Turkey – this is a rare find on the market.
Antalya
Nestled in a peaceful area of Seydikemer, this unique property boasts a stunning swimming pool and is for sale today as completely furnished and decorated – new buyers can move in as soon as the purchase is finalised.
Fethiye
Bargain priced high quality villa in the heart of Kalkan, overlooking the Bay with a wonderful panoramic view enjoyable on a daily basis – this fantastic home also has a separate one bedroom self-contained apartment on the lower floor.
Kalkan
Built using locally sourced stone of the highest quality, this sea view villa is found in a private area of Kas and is for sale at a great price for those seeking the very best real estate in the peninsula – completely furnished.
Kas
Directly at the seafront with access to its own private beach, this designer villa is a must see in the Kas peninsula of Turkey and is found in the sought after area of Cukurbag with views out towards Meis Island and the sea.
Kas
Part furnished, this spacious four bedroom detached property is found in the Metinler area of Dalyan close to daily amenities and facilities, overlooking a wonderful backdrop of mountains and surrounding nature at all turns.
Dalyan
Fully completed and ready for buyers to move in, this fantastic project offers tremendous apartments for sale in Kadikoy area of Istanbul, metres away from Bagdat Avenue, one of the longest shopping streets in Turkey.
Istanbul
If you are looking for an incredible sea view, you won’t find much better than the view from this designer three bedroom prime located apartment in Konyaalti, just three minutes walking distance away from the famous beaches and amenities.
Antalya
20 metres away from the famous beach in Calis is this frontline property for sale with dramatic sunsets visible from balconies and a private swimming pool – this is one of the top houses that you will find in this area of Fethiye today.
Fethiye
Built by a top developer in Antalya, these new homes are found in a sought after residential area of Konyaalti and are suitable for year round living in the city – choose from bargain units ranging up to four bedrooms.
Antalya
Tuzla apartment for sale within a residential area of Fethiye, situated just a short five minute walking distance away from the town centre full of life and things to do – this is a must see that will not be available for long.
Fethiye
Furnished house in the heart of the Old Town in Kalkan, complete with its own large private swimming pool and sweeping sea panoramas – this property is ready to move in as soon as the purchase process has been finished.
Kalkan
Located in a prime area of Antalya, this incredible Kaleici house for sale is just a short walk away from Mermerli beach and the old Harbour. On the market as completely furnished and decorated by a famous architect in Turkey.
Antalya
Built to luxury standards throughout, this brand new apartment is located in Karsiyaka area of Izmir and enjoys a gorgeous view stretching for as far as the eye can see from a panoramic terrace attached to the living room.
Izmir
This detached villa is nestled in Seydikemer area of Fethiye and is perfect for those who are seeking a countryside lifestyle in Turkey – just a short walk away from the nearest town centre full of restaurants and shops.
Fethiye
Suitable for year round living within an elite area of the city, this superb apartment is located in Tarabya area of Istanbul and is just a short two minute walking distance away from the Bosphorus Sea for relaxing.
Istanbul
Boasting some of the most beautiful marina views imaginable, this four bedroom villa is found in Karagozler and is surrounded by premium quality homes, a great choice for those looking for a luxury lifestyle in Turkey.
Fethiye
Available at a bargain price is this charming villa for sale in a peaceful residential area of Calis just a short walk away from the promenade and famous beach lined with busy bars and international restaurants open all year round.
Fethiye
Completely furnished and ready to move in, this Kemer villa is within 30 minutes to the main town of Fethiye and is available today at a bargain price – situated within its own private garden with swimming pool to enjoy.
Fethiye
Located within the cleanest Bay in Bodrum, this sea view apartment is just minutes away from a private Blue Flag beach area and the centre of Turkbuku where you will find an array of things to do and local amenities for daily living in Turkey.
Bodrum
A lovely opportunity for a family looking to move to Turkey permanently – this semi-detached home is nestled within the residential area of Koca Calis and is just a short walk away from shops and the nearest beach.
Fethiye
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