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.
This boutique hotel is located in the Old City of Antalya and has 15 rooms inside – on the market today as completely furnished and ready for new owners, the listing is just moments away from restaurants and shops.
Antalya
This home is so big it could easily fit two or three families at any one time, making this a great investment or luxury villa for those seeking prestigious homes in Kemer. If you are looking for an extravagant high class lifestyle amongst the elite - this may well be the property for you.
Kemer
With five bedrooms, this detached villa has room for the largest of families and is located right in the heart of Bodrum Centre within walking distance to all local amenities and everyday facilities needed for a high quality of life in Turkey.
Bodrum
A home so beautiful that it has been featured in numerous decor magazines, this mansion is designed using contemporary-fusion architecture and is one of the most impressive that you will find in Ortakent today – a must see.
Bodrum
This private home is nestled within the Urla area of Izmir and is on the market today as completely furnished and ready for a family to move in – just a few minutes away from daily amenities and the nearest beach.
Izmir
This mansion offers an abundance of privacy for buyers who are looking to live an exclusive lifestyle with minutes of the famous Yalikavak Marina in Bodrum. For more details, enquire today to speak with our local advisors.
Bodrum
Golden investment opportunity to purchase a busy shop in a shopping mall in Gunesli – complete with rental contract and long term tenant. This is a top pick for those looking to invest in Turkish real estate.
Istanbul
Within walking distance to the marina, this super luxury designer villa is located in a 5-star development in Yalikavak and is built using unique techniques blending wood and natural stone to create a home that stands out for all the right reasons.
Bodrum
Right in the heart of Istanbul city centre, this beautiful house is for sale in Levent and has its own private landscaped garden and parking spaces for up to three vehicles at once. Homes of this quality are rare to market.
Istanbul
Built to luxury standards throughout, this beautiful villa is ideal for those who are looking to live in Turkbuku area of Bodrum on a year round basis and is just a few minutes walking distance away from a beach club.
Bodrum
A short drive away from Antalya city centre, these spectacular villas are for sale in Dosemealti area and are perfect for families looking to relocate on a permanent basis – for more details, please contact us today.
Antalya
A three bedroom villa in Istanbul well located offering a great option for those seeking peaceful districts to live in, yet with good access to historic districts. A great price for a home of this quality and one that should be take seriously by those looking to purchase in the near future.
Istanbul
Surrounded by nature and greenery, this spacious villa offers a private lifestyle for those looking to escape from it all in Turkey – this charming house is situated in Dosemealti and is only 15 minutes drive from Antalya city centre.
Antalya
This incredibly big property has enough space to house the largest of families and is nestled away in Ciftlik area of Calis in Fethiye for sale – all just a short five minutes driving distance away from the beach and promenade.
Fethiye
Spacious family home for sale within a residential compound in Zekeriyakoy area of Sariyer, suitable for permanently living in Istanbul with loved ones just a short two minute driving distance away from a British school.
Istanbul
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