Find Your Ideal
Home & Investment
Find Your Ideal Home
& Investment
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.
Hotels for sale in Turkey such as this option are a must see for an investor looking to run an operate their own business in sunny Kas Peninsula, just metres away from a private sandy beach for hotel guests to relax daily.
Built for families who want to live away from the hustle and bustle of Istanbul city centre, these beautiful homes are for sale in Gurpinar area of Beylikduzu and have their own private green gardens and swimming pools.
Within walking distance to the centre of Yalikavak full of life and things to do, this luxury designed villa has recently been completed to superb standards and is suitable for year round living or raising a family in Turkey.
Located within expansive gardens and land measuring 7,300m2, this hugely private stone house has a beautiful view out towards the sea and is a paradise tucked away in natural settings in Yalikavak just minutes from the centre.
Private family villa located within a sought after compound with a reserve area behind, this spacious five bedroom property is only 700 metres away from the seaside and is listed for sale as fully furnished with all white goods included.
This Title Deed ready villa is found within a popular area of Beylikduzu and has a fantastic view heading out towards the sea and surroundings – situated within a large plot of land for a private lifestyle in Istanbul.
Detached mansion style property for sale in a residential area of Bitez, complete with its own private swimming pool and landscaped gardens – this home is built to luxury standards and is ideal for year round living in Turkey.
In the hills of Gumusluk, overlooking the beautiful blue sea is where you will find this authentic style villa ready to move in and hidden in the green surroundings of Bodrum. Just a short walk to the beach and all local features readily available for you upon purchase.
Turkbuku is one of the most sought after destinations in Bodrum for those seeking an elite lifestyle and world class facilities, of which this villa is just a short walking distance from both – making it an exceptional option for a permanent base.
In the countryside of Antalya, this farmhouse style property is a nature lovers dream and is situated within a huge plot guaranteeing a private lifestyle – this house in Kursunlu enjoys beautiful views from all rooms inside.
Built to superb standards from top to bottom, these exceptional villas are found in a quiet area of Yalikavak and are 150 metres away from the beach for relaxing on a daily basis. Enquire today before these have been sold.
This fully detached villa is tucked away in a quiet area of Zekeriyakoy in Sariyer and is perfect for those looking to live in Istanbul with their families – looking out towards lush greenery and nature at every corner, this is a must see.
Centrally located sea view villa in Bodrum – this excellently appointed six bedroom house is listed for sale with white goods included, while all furniture can be negotiated, making this an ideal opportunity to relocate to Turkey.
One of the most impressive features of these homes have to be the incredible glass affect throughout the property, designed to give you both the amazing views to the natural surroundings and to also provide you with a spacious home interior.
Panoramic luxury designer properties in Yalikavak minutes away from the marina and town centre full of lifestyle facilities and amenities – these homes form part of a boutique project designed and built using A+ materials.
Overlooking the sea with a delightful view, this detached villa has all the makings of a wonderful family home in Kadikalesi area of Bodrum and is just a short 500 metre walking distance away from the nearest sandy beach.
With a beautiful view across the sea and wonderful private plot, this magnificent villa is Faralya has an abundance of investment potential with building permission in place to construct a pool and chalet type properties within the plot.
Ready-made business with a long history of profit and future potential for new investors, for sale here is a main villa and six separate guest apartments that are currently let out during the peak summer months to travelling guests.
Built to 5-star standards throughout, this is a unique opportunity to purchase a mansion for sale in the private area of Mazi Village in Bodrum – listings like this are incredibly rare to market for arrange your visit at the earliest.