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.
5-star villas in the heart of Yalikavak, located just 500 metres away from the seaside and world class amenities and facilities including the Palmarina – each home has its own private swimming pool and two separate garden levels.
Bodrum
Suitable for a large family looking to live in Dalaman area of Turkey, this fantastic villa is situated within a huge plot for privacy guaranteed and has beautiful views heading out towards the Akkaya Lake and Valley.
Dalaman
Suitable for family living in a highly sought after area of Buyukcekmece, this magnificent six bedroom villa has been built with luxury touches throughout and is situated within a private gated community with facilities within.
Istanbul
Invest in this rare building for sale in the Konyaalti area of Antalya, suitable for those seeking rental income from their purchase of Turkish real estate or those looking to obtain citizenship by investment for their family.
Antalya
Four bedroom property forming part of a small private estate in the Mudanya area of Bursa, overlooking the sea with a superb view from terraces and listed for sale today at a great price not to be missed for a house of this quality.
Bursa
Designed to elite 5-star standards, these designer villas form part of a superb private estate with swimming pool, cafeteria, playground, gym, and much more for residents to use – you will not find better homes than these in Bursa.
Bursa
This designer villa has been built with luxury living in mind, boasting an in-house elevator, a home gym, relaxing sauna, and even a Turkish Bath – all situated within a huge plot with central swimming pool and landscaped gardens.
Fethiye
Situated in the hills of Yalikavak is this luxury-designed villa with beautiful views out towards the sea and marina, set within a private garden with pool and perfectly suited for year round residential living in an elite area of Bodrum.
Bodrum
This designer villa features one of the most dramatic sunsets we have ever come across in Bodrum; a sight to see for your own eyes as the private infinity swimming pool gently merges with the ocean as the sun glistens off the water – pure heaven.
Bodrum
Surrounded by woodland and nature are these exclusive villas found within one of the most prestigious projects you will find in all of Istanbul. Aimed specifically for those who are seeking a luxury class of life in Turkey, these residences will have you purring at the attention to detail and facilities offered.
Istanbul
Brand new luxury apartment in Caddebostan neighbourhood of Kadikoy for sale, ticking all the boxes for those looking to live on the Asian side of Istanbul just 50 metres walking distance away from the famous Bagdat Avenue.
Istanbul
Fully furnished and ready to move in, this traditionally built stone villa is found on the far side of Kas Peninsula and is suitable for year round living in Turkey just seven minutes away from the centre full of things to do.
Kas
Built using locally sourced stone, this traditional villa is tucked away in a peaceful area of Kas and has sweeping Mediterranean Sea views from large balconies and terraces – this is a must see for those looking to escape to Turkey.
Kas
5-star houses for sale at the waterfront in Buyukcekmece, overlooking the sea with endless views and offered for sale at the lowest possible prices for investors looking for a once in a lifetime opportunity in Istanbul.
Istanbul
Built using local stone of the highest quality, this charming villa is completely furnished and is located in a private area of Uzumlu in Fethiye with superb mountain and green valley views from terraces and balconies.
Fethiye
A gorgeous front coastal line property in a stunning 4,500m2 private plot of land ensuring an exclusive lifestyle is more than attained in Turkey. Found in Faralya nature reserve, this residence has an unrivalled amount of potential for new owners to uncover. Make that dream come true with this one.
Fethiye
Luxury designed family home for sale in a residential area of Dosemealti in Antalya, just minutes away from large facilities and amenities – this property is situated within a private garden and even has a separate guest house.
Antalya
Tucked away in the peaceful area of Cekmekoy with fantastic green and nature views is this detached family villa with large private garden and access to social facilities including a pool and playground for children to enjoy.
Istanbul
Stunningly beautiful contemporary villa for sale in a central location in Kalkan, enjoying an uninterrupted panoramic view across the Bay and sea and featuring an abundance of added luxury details and features that make this a must see.
Kalkan
Outstanding apartment for sale in Etiler area of Istanbul, situated just a few minutes away from Zorlu Centre and close to Levent and Maslak – this is a must see residence forming part of a 5-star development in the centre.
Istanbul
If you are looking for a family home in Gocek Bay, look no further than this property found at the upper end of the luxury scale and complete with gorgeous interior design and exquisite gardens with private swimming pool.
Gocek
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