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.
Highly suitable for living with a family in Turkey is this wonderful detached villa found in a quiet area of Calis in the Fethiye region and just a short walk away from all daily amenities and shops needed on a daily basis.
Fethiye
Suitable for year round living in Turkey, these exceptional apartments rise in the residential neighbourhood of Konyaalti in the city of Antalya and have access to social facilities such as landscaped gardens and a pool.
Antalya
Fully completed and ready to move in, these brand new Oba properties are available as villas or apartments in a highly sought after location – just 700 metres away from the Mediterranean Sea and even closer to amenities.
Alanya
Peer out over the sea and enjoy a marvellous vista on a daily basis with one of these high quality homes built to luxury standards for a complete lifestyle in Turkey. These are some of the finest you will find in the Alanya region, and well priced within the market for investment.
Alanya
Boutique apartments for sale in a residential area of Bahcesehir, ideal for discerning families looking to live in a friendly part of Istanbul close to everything needed on a daily basis – this is one of our top picks in the entire city.
Istanbul
With a Metro Underground station opening within the project in 2019, the time to invest is right now before prices skyrocket – this is one of the most important developments that you will find in this area of Istanbul today.
Istanbul
These beautiful villas are found within a residential area of Side and have their own private landscaped gardens for relaxing outside daily with friends and loved ones – all just a few minutes away from amenities.
Side
Not to be on the market for long, this beautiful villa is suitable for Turkish Citizenship and is nestled within the peaceful area of Ovacik in Fethiye – completely furnished and ready for a family to move in immediately.
Fethiye
A perfect location in Kemer surrounded by green views and perfect nature scenery. This charming villa makes for an ideal year round home possibly for a couple retiring to Turkey or an ideal holiday destination for someone seeking a getaway abroad away from the frenetic lifestyle in a city.
Kemer
One of the most picturesque and beautiful projects you will find along the entire Bodrum peninsula is this striking sea view project offering residences in three, four, and five bedrooms along with excellent communal facilities and a beach just 80 metre’s away.
Bodrum
Within 850 metres to a stunning beach for relaxing and absorbing the Mediterranean sun, this project based in Oba offers three to five bedroom apartments with spectacular on-site facilities suitable for family living.
Alanya
Lovely villa in a tranquil and peaceful location in Camyuva in Kemer, found just a short walking distance from the beach and offering plenty of luxury. An ideal home for those looking for a quiet spot but with great transport links around neighbouring areas and regions.
Kemer
Completed properties for sale in Media Highway Basin Ekspres just a short distance away from the nearest Metro Underground station for commuting towards the city centre within 40 minutes or less – a must see opportunity.
Istanbul
Buy today at off plan prices one of these excellent townhouses located within a residential spot in Fethiye just minutes away from local amenities and close to public transport that will take you around the area in moments.
Fethiye
These family apartments are found in the desired area of Esenyurt in Istanbul and form part of a high quality complex 50 metres from a Subway for commuting and moving around the city towards the centre on a daily basis.
Istanbul
Suitable for Turkish Citizenship by Investment, these luxury apartments are for sale in Beykoz area of Istanbul on the Anatolian side of the city and form part of a luxury complex with a full range of social facilities.
Istanbul
Built to the highest quality, these beautiful apartments are found within a residential area of Gundogan in Bodrum and have fantastic views – complete with access to a large shared swimming pool and viewing terrace.
Bodrum
Just 100 metres away from the main street lined with shops and things to do, these modern apartments are for sale at affordable prices in Oba area of Alanya and would be ideal for use as family residences in the sun.
Alanya
Designed to luxury standards, this penthouse apartment in Komurluk has all the qualities that a private villa would have and is an absolute must see for anyone looking to obtain a high quality of life within 300 metres to the nearest beach.
Kalkan
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