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.
State-of-the-art historic mansion found in one of the last remaining coastal spots in Emirgan, boasting incredible sea views throughout and 10 bedrooms inside – this is an amazing house and a rare opportunity that cannot be missed.
Istanbul
On the Asian side of Istanbul, these designer villas are located in Uskudar in the sought after elite area of Kandilli with views across the Bosphorus Sea and Bridge. These houses include home gyms, saunas, and Turkish baths.
Istanbul
Designed as a spectacular mansion, this impressive property has access to a sandy beach and a dock where you can moor a large boat right outside your home. This property features a unique design and is an elite house in Turkey.
Bodrum
Rented by a national supermarket with ten years left on the current tenancy contract is this high quality commercial shop for sale in Istanbul on the Anatolian side, situated in a residential are full of life and families living.
Istanbul
Found besides Buyukcekmece Lake is this gorgeous ten bedroom mansion for sale, designed to exceptional standards using the best possible materials and set within a huge private plot with swimming pool and an abundance of other features.
Istanbul
Located within one of the most sought after estates in Istanbul, this mansion style villa is tucked away in the peaceful area of Buyukcekmece and overlooks the sea and surrounding nature in a merging of green and blue.
Istanbul
Turnkey mansion-style villa for sale in Beykoz area of Istanbul, enjoying a full panoramic view out towards the Bosphorus and offering a private lifestyle for those seeking exclusivity – this is a rare find that won’t be available for long.
Istanbul
Forming part of a 5-star compound fully equipped with extensive facilities and social areas, this tremendous villa is for sale in Beykoz in Istanbul and represents one of the best examples of real estate in this area of the city.
Istanbul
This is a unique opportunity to purchase a fully operating and successful hotel in Kiziltas area of Kalkan – suitable for Turkish Citizenship applications and nestled within an elevated spot with unobstructed views of the sea.
Kalkan
Large family house in a residential area of Mudanya in Bursa, just moments away from daily amenities and necessities needed for a high quality of life in Turkey – this is one of the top picks currently available in the city.
Bursa
Fantastic property for sale in the sought after area of Zekeriyakoy in Istanbul, tucked away in a natural setting surrounded by green views and scenery – this villa has eight bedrooms and could sleep the largest of families.
Istanbul
Excellent commercial property for sale in the centre of Kemer-Antalya, offered to the market with a long term tenant currently in place with years left on the current agreement providing an impressive 5% yield per annum in Turkey.
Antalya
Invest in a fantastic Bodrum hotel when you purchase this delightful hotel in the peaceful area of Akyarlar just moments away from the beach – complete with a private swimming pool and sun loungers at the waterfront for guests.
Bodrum
Uniquely designed, this one-off villa is found in Yalikavak and is just 100 metres away from the nearest beach, all daily amenities, and facilities – this is an outstanding property in an elite neighbourhood in Bodrum with a panoramic sea view.
Bodrum
Designed to luxury standards, these Gundogan villas enjoy some of the most incredible full sea and bay views imaginable – this is an unmissable project of just nine villas in total, each one set within its own garden with swimming pool.
Bodrum
Completely furnished and established, this hotel is located in the historic centre of Istanbul in Sultanahmet and has a full tourism license in place for new owners looking for a ready made business in the heart of the city.
Istanbul
Designed by a world famous architect, this is a spectacular one-off villa tucked away in the hills of Yalikavak with incredible view out towards the Palmarina and Bay – this is an unmissable opportunity to purchase a super luxury mansion.
Bodrum
Just ten minutes walking distance away from the world famous Palmarina in Bodrum, this designer villa offers 180 degree panoramic sea views stretching endlessly across the bay and has been designed to 5-star standards throughout.
Bodrum
Boasting an incredible sea view from a marvellous roof terrace, this exquisite home in Yalikavak is just minutes away from Tilkicik Bay and just a short distance from the centre where you will find a range of amenities needed for daily living.
Bodrum
Operating as a furniture store for years, this is an exceptional investment opportunity for those looking to buy commercial property in Beylikduzu, right next to the E-5 Road for easy access for customers.
Istanbul
This private mansion is nestled in Tilkicik Bay area of Yalikavak and has a tremendous view of the sea from an infinity swimming pool and garden. If you are looking for privacy, you will find it in abundance here.
Bodrum
Built to luxury standards throughout, this fantastic villa is for sale in Bademli area of Mudanya and has seven bedrooms for the largest of families to live in Turkey – call us today to arrange your visit at the earliest.
Bursa
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