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.
Completely furnished and ready to move in, this sea and pine forest duplex apartment is located in a residential area of Gocek and comes highly recommended for viewing – this is a rare listing that won’t be available for much longer.
Gocek
Built to elite standards by a top developer in Turkey, these incredible properties are situated in Bodrum between Gumusluk and Turgutreis with buyers able to choose between villas and apartments in several different types.
Bodrum
In the perfect location, you will find a mix of one, two and three bedroom properties for sale at an exceptional price in Konyaalti. Local amenities will ensure you can lead a comfortable life with everything you need and more.
Antalya
Designed to excellent standards throughout, this complex offers high quality apartments for sale in the Ortakent Yahsi area of Bodrum peninsula and is just a short 650 metre walking distance away from the nearest beach.
Bodrum
Just a short two minute walking distance to the beach is this stunning project offering a superb investment value for someone looking to capitalise on all that is great in Antalya today. Placed overlooking the river and with superb facilities for residents - very well priced and one not to be missed.
Antalya
Located just 20 minutes away from the city centre for investors or lifestyle purchasers, this is an opportunity not to be missed in Kagithane – pick up a one or two bedroom apartment at a bargain price set to rise considerably in the future.
Istanbul
Offering properties in various types and sizes for buyers to choose from, this contemporary development is found in Sisli in Istanbul and is suitable for those looking to live in the city on a permanent basis with a family.
Istanbul
This is an exciting opportunity to purchase a brand new apartment in the Lara district of Antalya, situated close to everything needed and just moments away from public transport for moving around the city on a daily basis.
Antalya
Rising in Bahcelievler with unique panoramic views across the city, these apartments are just a few moments away from the Basin Ekspres road in Istanbul and are suitable for those who want to apply for Turkish Citizenship.
Istanbul
Luxury designer homes are the perfect investment in Bahcesehir and are found in a desired spot for residential living and central city commuting. The project is listed at first call prices and has a shopping street within for all daily needs.
Istanbul
Located in the Basin Express area of Istanbul, these brand new apartments tick all the boxes for investment and lifestyle buyers in Turkey and are available in sizes ranging up to three bedrooms with multiple floor plans to choose from.
Istanbul
In the very heart of Istanbul, these apartments are perfect for lifestyle and investment buyers and are found in an area of Bomonti currently undergoing lots of urban regeneration – this is an opportunity that you do not want to miss out on.
Istanbul
Fully furnished sea view apartments in Alanya at these prices are a great find and ones that will sell quick - grab yourself a bargain and never look back. Superb communal features and spacious interiors make these the ideal vacation home for a family looking to travel to Turkey yearly.
Alanya
Fully completed and with tenants in place, these fantastic apartments rise in Kartal on the Anatolian side of Istanbul and are suitable for investment with rental income available as soon as the purchase has been finalised.
Istanbul
Enjoy high rental income immediately when you purchase one of these tenanted apartments for sale in Kartal on the Anatolian side of Istanbul – just a few minutes away from necessities and the nearest Metro station.
Istanbul
Within close proximity to daily amenities and just a few minutes driving distance away from the town centre of Fethiye are these quality apartments for sale at affordable prices – choose from units up to three bedrooms.
Fethiye
Built to exceptional standards by a top developer in Antalya, these affordable homes are for sale in the Altintas area of Aksu and form part of a complex with social facilities and spaces to enjoy on a daily basis.
Antalya
Recently completed to excellent standards, these brand new apartments are found in a quiet residential area of Konyaalti in Antalya and are just minutes away from the famous blue flag beaches and all daily amenities.
Antalya
5-star sea view residences for sale in Yalikavak with access to a beautiful private beach and wonderful setting just five minutes away from the Marina – these homes cater towards those looking to achieve a luxury lifestyle in Turkey.
Bodrum
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