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 wonderful hotel is located in Cesme area of Turkey and is just 100 metres away from the sea and even closer to local shops and amenities – this is a readymade business for someone looking to move to Turkey in the near future.
Cesme
Fantastic car wash for sale in a residential area of Kartal, right next to the E-5 Highway with up to 200,000 vehicles passing by on a daily basis – this is a must see investment for those looking to buy commercial real estate.
Istanbul
Newly built and ready to move in is this bargain priced apartment for sale in a residential area of Kepez in Antalya, minutes away from amenities and forming part of a high quality complex with shared on-site facilities.
Antalya
This is a golden opportunity to purchase a heavily discounted detached villa for sale in the heart of Kalkan, overlooking the sea with wonderful views and set within a private plot with spacious swimming pool and mature gardens.
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
For sale here is a rare fully furnished apartment boasting its own private swimming pool and back garden with barbecue area in Kalkan – contact us to arrange your visit to this charming residence ready to move in immediately.
Kalkan
Designed to perfection, this project offers apartments and villas for sale in the heart of Kalkan and overlooks the sea with a view to die for – this one ticks all the boxes for residential living in Turkey and has recently been completed to top standards.
Kalkan
In the centre of Kemer, this 4-star hotel is within easy walking distances to some of the best restaurants, boutique shops, and stores in the region – offering 84 rooms for hundreds of potential visitors to stay in Turkey.
Kemer
3.5 star hotel for sale at the beachfront in Kemer, just a short walking distance away from the sea and even closer to all daily amenities including top restaurants, local shops, and public transport for moving around.
Kemer
Incredible commercial land opportunity for investment in Meselik Village in Milas, this plot would be ideal for someone who is looking to construct a luxury hotel or even a huge shopping mall in Bodrum.
Bodrum
Located in an elite part of Bitez is this huge plot of land close to some of the most desired real estate in the area, ideal for someone who is looking to live amongst some of the best houses and impressive spots in the region.
Bodrum
This is a large weekly supermarket for sale in the Arnavutkoy area of Istanbul, offering rental income immediately for a new investor and is tenanted with a long ten years remaining on the current contract signed.
Istanbul
This free standing property has to be considered as one of the top ten properties currently for sale in the entire peninsula of Bodrum and is located just 20 metres walking distance away from the sea and a private water jetty.
Bodrum
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
With panoramic views across the sea, this mansion in Sariyer is a perfect choice for someone who is looking to live amongst some of the most wealthy and rich real estate in all of Istanbul – a must see house with indoor pool and sauna.
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
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
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