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.
Enjoying unobstructed and panoramic sea views stretching all the way to Samos Island is this luxury villa in Kusadasi for sale. This would make for an ideal investment purchase with a strong rental market to take advantage of with Kusadasi extending to over half a million tourists each summer.
Kusadasi
Prime located apartments for sale in the district of Konyaalti in Antalya, situated just a few metres walking distance from the sea and beaches – these are some of the best homes that you will find in the entire city today.
Antalya
Constructed using locally sourced stone of the best quality, this charming villa is found in a peaceful area of Bitez and forms part of a small estate of just three homes in total – suitable for year round living in Turkey.
Bodrum
Belview Istanbul listed at affordable prices for a stunning sea view, these brand new apartments are found on the Anatolian side of Istanbul in a residential area and are just minutes away from public transport for those looking to work in the city centre.
Istanbul
Bargain priced for such a rare location and exquisite design, these villas overlook the sea in the centre of Bodrum and are found no more than five minutes away from Oasis Shopping Centre and a short drive to the Marina.
Bodrum
Considering the location and quality of this apartment, this duplex is a bargain and one that would make for the ideal permanent base for those looking to enjoy the best of city living and beachside chilling – welcome to Antalya.
Antalya
Very well priced is this expansive villa complete with access to a swimming pool and lovely sea view in picturesque settings in Alanya ideal for life in the region. Offering a spacious and family friendly living environment, pick up this villa today.
Alanya
Looking for a life of total luxury? Look no further than these amazing penthouses found in one of the most high class and top quality complexes found in Turkey to date. Enjoy the hotel-like features and facilities on-site and never want to leave this little peace of heaven on Earth.
Side
Escape to natural surroundings in Turkey when you purchase this peaceful stone house for sale in Kirklareli guaranteeing privacy with a huge plot of land measuring more than 5,000m2 dotted with trees and plants throughout.
Kirklareli
Boutique complex of high quality apartments for sale within the residential and popular area of Konyaalti within the city of Antalya in Turkey – nestled just 500 metres away from the nearest beach and daily amenities.
Antalya
Looking out towards the sea with a peaceful view, this resale apartment in Izmir is found in the residential neighbourhood of Karsiyaka and is suitable for buyers looking to obtain Turkish Citizenship by real estate investment.
Izmir
5-star designed apartments for sale in Konyaalti area of Antalya, forming part of a deluxe project with a full range of social facilities available and gorgeous views heading out towards the sea and beach just metres away.
Antalya
Built to luxury standards, these new villas are located in the Kargicak district of Alanya and have beautiful views out across the surroundings – ideal for those with children who are looking to make a permanent move.
Alanya
There are only three villas within this project, so buyers need to act fast before all units have been sold – these homes are found in Kadikalesi area of Bodrum and are just 500 metres away from the nearest beach.
Bodrum
Available up to three bedrooms, these brand new apartments are located in a residential area of Belek and form part of a high quality complex with shared swimming pool and landscaped gardens for relaxing outside all summer long.
Belek
Within a kilometre to the famous Yalikavak Marina for endless sailing opportunities is this charming single-floor property in Bodrum – constructed using stone and quality materials for those relocating on a permanent basis.
Bodrum
Overlooking a lush view of nature and valleys, this charming villa is tucked away in a peaceful area of Ovacik in the Fethiye region of Turkey and is on the market as completely furnished ready for new owners to move in.
Fethiye
Recently completed and ready to move in, these spacious properties form part of a wonderful complex tucked away in Zekeriyakoy area of Istanbul and have access to a shared swimming pool and landscaped gardens for relaxing.
Istanbul
This expansive project is branded as a new centre of life and offers absolutely everything you could possibly think of – this is as luxurious as you will find in Istanbul and enjoys a prestigious location in Maslak just 10 minutes away from central areas.
Istanbul
This project has been equipped with a range of social facilities and shared spaces for those who are looking to relocate to Bursa with their loved ones on a permanent basis – rising in the fast-growing area of Nilufer.
Bursa
Long term rented commercial real estate in a shopping centre in Gunesli, currently operated by a Turkish bank in Istanbul and for sale today at an excellent price with impressive rental yield that can only go higher.
Istanbul
With five bedrooms inside, this semi-detached home has room for the largest of families to live a comfortable life in the Calis area of Fethiye, all just a short walking distance away from the promenade and nearest beach.
Fethiye
Situated at the top of the peninsula with some of the best sunsets and views out towards the sea is this striking fully furnished villa in Kas – ideal for those looking to live in a peaceful area within easy driving to the town centre.
Kas
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