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.
Surrounded by some of the best restaurants, cafes, art galleries, and culture, these Istanbul properties are found right in the central heart of the city in the sought after area of Bomonti, within walking distance to Nisantasi.
Istanbul
Second to none location on the blue flag Konyaalti beach in Antalya are these luxury apartments offering a beach lifestyle with 5 star hotel like facilities and features, as well as high rental income potential and superb sea views throughout. Close to Antalya City centre also.
Antalya
Recently restored is this beautiful villa just 15 minutes walking distance to Bodrum centre and only five minutes away from the nearest supermarkets and beach area – making this more than perfect for 12 months living within the peninsula.
Bodrum
Suitable for those wanting to obtain citizenship with their purchase of real estate in Turkey, this top project offers apartments for sale in sizes ranging up to four bedrooms and has now been completed to excellent standards.
Istanbul
Completely furnished and ready for buyers to move in today, this spectacular garden floor apartment is for sale in the heart of Bodrum Centre and is just a short walking distance away from central amenities and shops.
Bodrum
Situated within its own private landscaped garden with beautiful swimming pool to enjoy on a daily basis is this charming villa for sale in Gocek area of Turkey – just 20 minutes away from Dalaman International Airport for flights.
Gocek
Large sized family apartments for sale in the city centre of Istanbul at great prices today – suitable for both investors and lifestyle buyers looking to live within close proximity to a wide variety of facilities and daily amenities.
Istanbul
Furnished and ready immediately, this stone built villa in Kas enjoys sweeping views heading out towards the Greek Island of Meis and surroundings – this is one of our top picks for families who want to relocate to Turkey permanently.
Kas
Not only is this penthouse located in one of the most exclusive areas of Bodrum, but it also offers superb facilities such as a private beach access and mooring facilities ideal for those looking to moor a boat for easy access to the sea everyday. A beautiful property.
Bodrum
Built to luxury standards throughout, this excellent apartment is located in Kadikoy area of Istanbul and is moments away from Bagdat Avenue, where hundreds of international brands, shops, and daily amenities await.
Istanbul
With access to a private beach and jetty area just steps away from your magnificent home, this stunning property in Yalikavak offers natural beauty within an exclusive development nestled away in private settings for those looking to escape to the Bodrum hillside.
Bodrum
At the seafront with spectacular views, these properties are found in Halic at the Golden Horn in Istanbul and have access to 5-star facilities including an on-site hotel, shopping mall, and a plethora of restaurants and shops.
Istanbul
A complete project in the sunny area of Side is this fantastic range of apartments and villas for sale built to the very highest in modern real estate standards. Magnificent value for money for anyone looking for a holiday home or perhaps a year round residence in Turkey.
Side
Uninterrupted sea views are offered with this supreme three bedroom penthouse found in Alanya listed for sale at a very competitive price ensuring a quick sale. Look out over the bay and castle almost as if they were placed just under your feet. A premium setting indeed.
Alanya
Overlooking a surrounding of mountains and nature, this peaceful house is found in a delightful complex with swimming pool and gardens, listed for sale today at a bargain price ensuring that this won’t be available for much longer.
Dalyan
With views of the city and sea, these completed apartments are found in Kadikoy on the Anatolian side of Istanbul and are a must see for those who are looking to live in Turkey on a permanent basis with a family.
Istanbul
Contemporary residences tucked away in Bursa, one of the cleanest and healthiest spots in Turkey for those looking to attain clean living surrounded by nature at every turn. Enjoy the day trips to Istanbul within 90 minutes.
Bursa
Invest in this amazing complex and experience the best of both worlds - an apartment suitable for year round living in a luxury location within Turkey, or a nest egg suitable for renting out and making a high profit yearly. This is a superb priced deal and should not be missed.
Side
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