Find Your Ideal
Home & Investment
Find Your Ideal Home
& Investment
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 is a unique opportunity to invest in a quality shop in Gungoren area of Istanbul, these commercial properties have a rental guarantee in place for three years and are recommended for viewing as soon as possible.
Istanbul
Rising in Altintas area of Antalya, these modern apartments are available in sizes ranging up to three bedrooms with single floor and duplexes to choose from – these properties are ideal for family living in Turkey.
Antalya
Deluxe villa designed to perfection in a residential area of Kalkan, enjoying sweeping panoramic views from a private pool and garden – this is one of our top picks in this region of Turkey and comes highly recommended for viewing.
Kalkan
Looking out towards the sea with charming views, this spacious villa has everything in place for family living in the Sariyer area of Istanbul and is situated within its own private garden for relaxing and spending time outside.
Istanbul
Designed by a world renowned architect, these properties are centrally located and offer a luxury lifestyle like never before seen in Turkey – this is one of the most prestigious projects that you will find in the entire country today.
Istanbul
Located in Sultanahmet area of Istanbul, this boutique hotel has all the makings of a superb investment in Turkish real estate for someone looking to purchase a readymade business within walking distance to historical landmarks.
Istanbul
Stunning villas for a refined lifestyle in Yalikavak within five minutes to the world famous Marina and excellent local facilities and amenities, these properties are gifted private access to a beach and a huge shared infinity pool.
Bodrum
In the historical location of Galata in Istanbul, this hotel is a fantastic investment for someone looking to buy and run their own business in Turkey – within easy walking distances to shops, boutiques, and transportation.
Istanbul
This boutique hotel is located directly at the seafront in Yalikavak and has tremendous views – it is ideal for an investor looking to run their own business in Turkey with a long history of success and profit attached.
Bodrum
Complete with a vast selection of social facilities is this brand new complex offering one-bedroom apartments at an exceptionally affordable price, located just a 15 minute walk from the local beach, relaxing days are guaranteed.
Alanya
Choose from two or three bedroom apartments for sale in this wonderful modern and contemporary complex found in Ovacik surrounded by nature and within easy travelling distance to some of the region's top tourist hotspots and landmarks such as Oludeniz beach and Hisaronu.
Fethiye
Ever wanted to build your own dream home for less than £300,000? Our real estate planners suggest that is entirely possible with this large plot of land located in nice tranquil surroundings in idyllic Uzumlu in Fethiye. There are lots of opportunities and potential to be uncovered here.
Fethiye
Renowned for its remarkable sea views, Kalkan is home to some of the most beautiful holiday homes at favourable prices that you can find – and these homes tick all the boxes of great vacation homes with everything in place that you could possibly want.
Kalkan
This may be a duplex apartment but it feels more like a villa with its own private swimming pool and entrance from the main road just metres away – this is an exceptional listing at a bargain price for those looking to move permanently.
Kalkan
Close to the nearest seaside with tremendous sea views from a large balcony is this bargain priced apartment for sale in Mahmutlar area of Alanya – ideal for those looking to live on a permanent basis close to everything, a must see.
Alanya
For sale at an excellent price is this bargain semi-detached villa tucked away in a natural area of Kemer in Turkey, close to amenities and just a short driving distance away from the beach for spending days out with loved ones.
Kemer
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