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.
Suitable for family living in a desired location, this tremendous property is tucked away in the Zekeriyakoy area of Sariyer and has nature views from every corner – ideal for those wanting to obtain a private lifestyle.
Istanbul
Directly at the seaside with a panoramic view that will remain forever, this deluxe penthouse apartment is for sale in the sought after area of Konyaalti and forms part of a 5-star project equipped with hotel-like facilities.
Antalya
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
Luxury-designed family villa nestled in the Guzelbahce area of Izmir in Turkey – suitable for year round living with private gardens and pools. These quality homes are just minutes away from local necessities and amenities.
Izmir
Completely furnished and ready to move in, this tremendous stone built mansion is for sale in a residential area of Dalyan and is a must see property – you will not find many homes better in the Dalyan region than this one.
Dalyan
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
Situated in a plot of land that guarantees a highly private life in Turkey, this spacious villa is found in the residential area of Dosemealti in Antalya and is within close proximity to all local amenities and shops needed.
Antalya
Surrounded by a 4,000m2 park area, this mansion is perfect for those looking to escape to exclusive living in Yalikavak just a short walking distance away from the nearest beach and Tilkicik Bay area full of amenities.
Bodrum
Specially designed and built to luxury standards throughout, this brand new detached villa is found in a residential complex in the sought after Kemer area of Turkey and offers six bedrooms for the largest of families to live inside.
Kemer
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
Private living is guaranteed with this huge expansive villa for sale in Buyukcekmece just metres away from the sea with dramatic views across the ocean and beyond – this is a home for those looking for the very best in Istanbul.
Istanbul
State of the art contemporary project just 10 minutes away from Bodrum centre complete with a tremendous view out towards the castle and beyond, designed with spectacular technology, this is a project you cannot miss.
Bodrum
Offering the best of both worlds, investing here results in a family home in a peaceful setting yet just five minutes away from Buyukcekmece town centre full of things to do, complete with an outstanding view heading out towards the lake.
Istanbul
Found in a beautiful estate of luxury homes, this modern villa offers all the expected amenities that anyone searching for a quality home would expect to find. A perfect spot within driving distance to the city centre as well as the beaches, this villa suits those seeking year round properties.
Antalya
Shrouded in privacy by nature and trees, this spacious villa is found in Zekeriyakoy area of Sariyer and is suitable for family living in a sought after area of Istanbul, just a few minutes away from schools and amenities.
Istanbul
Built to resemble life in California, these deluxe villas are nestled in the peaceful area of Dosemealti and are highly recommended for viewing – you will struggle to find a better family home than this in Antalya.
Antalya
Overlooking the sea with a full panoramic view, this exceptional building is located in the heart of Bodrum in Kumbahce and is for sale at an excellent price for an investor seeking assured rental income over a long term period.
Bodrum
This fully detached villa is tucked away in a quiet area of Zekeriyakoy in Sariyer and is perfect for those looking to live in Istanbul with their families – looking out towards lush greenery and nature at every corner, this is a must see.
Istanbul
Centrally located sea view villa in Bodrum – this excellently appointed six bedroom house is listed for sale with white goods included, while all furniture can be negotiated, making this an ideal opportunity to relocate to Turkey.
Bodrum
Luxury epitomised in this one of a kind home with spectacular open sea views and superb facilities to make your new life in Turkey one to be admired from all fronts. This property truly is a remarkable example of the ilk of real estate that you can find in Turkey today.
Bodrum
Built to exceptional standards throughout, this magnificent villa is found in Lara area of Antalya and has its own private garden and swimming pool – suitable for buyers that are looking to raise their family in Turkey.
Antalya
In the sought after location of Camlica on the Asian side of Istanbul, this five-star development offers residences in many different types and sizes, and offers flexible payment terms for those looking to spread the cost over an affordable period.
Istanbul
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