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.
Purchase a luxury apartment for sale in the golf town of Belek, located just metres away from the nearest professional quality course – this three bedroom residence is found within an excellent complex with stunning on-site facilities.
Belek
Suitable for year round living, this spacious apartment has everything in place for a family looking to live in Turkey in the Fethiye region and is within close proximity to local shops and public transportation services.
Fethiye
Fully completed and ready to move in – this central project is located in the prestigious area of Bomonti and is just minutes away from Nisantasi, Sisli, and Taksim; this is one of the most sought after projects in the centre of the city.
Istanbul
This is an incredible opportunity to purchase a first class property in the green and natural setting of Ortakent, just minutes away from Bodrum Centre and local amenities including the largest shopping mall in Bodrum.
Bodrum
Choose from semi-detached and detached villas when you purchase one of these lovely family homes in the residential area of Ciftlik in Calis, complete with their own private gardens and swimming pools outside.
Fethiye
Tucked away in Sapanca, these gorgeous properties are just minutes away from the Lake with unrivalled views stretching out endlessly, perfect for those looking to re-energise in natural settings just a short drive from Istanbul centre.
Sakarya
Bargain fully furnished house in the heart of Kalkan, just a short walk away from all kinds of amenities and enjoying a remarkable view out towards the sea from all corners of the property – what more could you need?
Kalkan
This outstanding home features a water mill of more than 200 years of age that generates free water and electric energy for this fantastic home designed by a renowned architect in the peaceful area of Inlice Village.
Gocek
By owning a home within this spectacular estate, you are guaranteeing yourself a luxury lifestyle with access to a private beach and beach club, a water jetty, and huge impressive swimming pool just to name a few.
Bodrum
In a popular touristic area is this three bedroom penthouse overlooking the sea listed as fully furnished and ready today. A great family home during the summer months with a hint of investment makes this the ideal buy for anyone looking for homes in Alanya with lots to offer.
Alanya
Gocek is well known as one of the top locations for sailor's and those interested in taking adventures on the water on a daily basis. With this property you can place yourself just minutes away from some of Europe's best sailing routes with a private mooring facility found on-site.
Gocek
Just a stone's throw away from picturesque family friendly beaches and the calm Mediterranean Sea is this well designed and bargain priced apartment. Just take a look at the pictures and decide for yourself - this is a luxury residence and one that comes fully furnished.
Alanya
Ideal for water lovers looking to be within close proximity to the water. This home is found in Gocek, which is arguably Turkey's premier town for yacht lovers and sailors. Within 5 minutes to the marina, you won't be disappointed with this luxury offering.
Gocek
Furnished and ready to move in immediately, this picturesque villa is nestled within a quiet area of Ovacik and has its own private swimming pool and landscaped garden for relaxing and spending time with loved ones.
Fethiye
Fully furnished and ready for a family to move in immediately, this tremendous villa is located within a residential area of Kalamar in Kalkan and has its own mature landscaped garden with central swimming pool outside.
Kalkan
Detached villa nestled within a residential area of Kiziltas in Kalkan, on the market today as completely furnished and decorated throughout – this home would be suitable for those looking to live in Turkey permanently.
Kalkan
Just 200 metres away from the Cruise Port and within a few minutes walking distances to the beaches of Kumbahce are these high quality homes for sale in Bodrum – available as flats or duplexes for those living in Turkey.
Bodrum
Available for sale at a bargain price, this detached villa is nestled in a peaceful area of Ovacik within the Fethiye region and is fully furnished – ready for a new family to move in as soon as the purchase process has been completed.
Fethiye
Suitable for year round living and raising a family in Turkey, this tremendous villa has its own private landscaped garden and swimming pool in Ovacik and is just a few minutes away from shops and transportation.
Fethiye
This project boasts separate social facilities for men, women, and children to spend time with their friends and is located in Mudanya in Bursa, enjoying a tremendous view from large terraces and available in sizes up to five bedrooms.
Bursa
Located within a stones throw of a local bus route that takes you into Dalyan town centre, this three bedroom villa is perfect for a small family to live in permanently, or to be used as a lovely holiday home. The quiet residential area will make you feel at ease.
Dalyan
Found behind a green belt area is this tremendous fully furnished family house in the peaceful area of Kiziltas in Kalkan. The home is ready to move in immediately and comes with a lovely garden and private swimming pool.
Kalkan
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