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.
Located on the marina side of Kas, the home has access to a shared jetty and sea platform – perfect for sea lovers or people who own boats or yachts. The marina itself is only a few minutes away and is one of the best along the coastline.
Kas
Tucked away in natural settings is this estate of two villas in Yalova for sale. Situated within a hugely impressive garden, these properties would be the ideal purchase for someone looking to live in peaceful settings, or an investor looking to capitalise on the excellent location and facilities inside.
Yalova
Located in one of the most sought out and desirable districts in Kalkan, this Komurluk villa has some of the best views in the entire region and is built to the highest possible build quality, as well as being just 100 metres away from the seafront. A must see property.
Kalkan
Available up to five bedrooms in size, this project is ideal for large families that are looking to relocate to Bodrum Peninsula on a year round basis – for more information about life here, please call or contact our local team.
Bodrum
Suitable for year round luxury living, this designer villa is found in a quiet area of Ovacik in Fethiye and offers an abundance of privacy for those looking to escape to Turkey surrounded by nature and green views aplenty.
Fethiye
Built to luxury standards, this villa was recently completed and is located within the residential area of Gurpinar within the area of Beylikduzu in Istanbul – suitable for those who are looking to obtain a Turkish Passport.
Istanbul
Following from our huge success of our flagship White House design across the South Coast of Turkey, we are pleased to bring the same design to Istanbul – be the first to invest in one of these exquisite villas in Silivri.
Istanbul
Offering a completely private lifestyle in Turkey, this is an exciting opportunity to purchase two properties in Gocek with sea and mountain views – situated within a huge plot of land with swimming pool and fruit tree gardens.
Gocek
This elegant home is found right in the centre of Bodrum and is just a 10 minute walk away from literally everything – giving you a highly sought after location and beautifully designed home to elite standards in Turkey.
Bodrum
Raise your children in a beautiful area of Yalikavak when you buy one of these spectacular villas with full panoramic views out towards the sea and surroundings – suitable for those who want to apply for Turkish Citizenship.
Bodrum
Suitable for year round living with a family, these designer villas are nestled within the hills of Yalikavak and have sweeping views of the sea and surroundings – complete with their own private pools and gardens.
Bodrum
Designed and built to incredible standards, this exceptional villa is nestled in a private area of Yalikavak and enjoys tremendous sea views – all just five minutes away from the nearest vibrant town centre full of things to do.
Bodrum
Breath taking views over one of the most beautiful bays in Bodrum; Tilkicik Bay is just the tip of the iceberg as to why these beachfront properties are a must see for anyone who is looking for luxury real estate in Bodrum this year.
Bodrum
Some of the most prestigious properties in central Istanbul, these Nisantasi residences look out across the Bosphorus Sea and city skyline with tremendous views and are just moments away from international shops and brands.
Istanbul
Designed from top to bottom with luxury living in mind, this project has been constructed using carefully selected materials and guarantees homeowners a stunning residence to call their own. Please call us for more information.
Bodrum
Built using modern touches throughout, these quality properties are for sale in a peaceful area of Belek and have their own private swimming pools and green landscaped gardens for relaxing outside on a daily basis.
Belek
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