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.
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.
Fethiye
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.
Bodrum
This is an opportunity to purchase a luxurious house right in the centre of Bodrum, just minutes from the Marina Yacht Club and enjoying some of the most incredible Castle and Sea views from your hugely private garden.
Bodrum
Designed to absolute perfection are these wonderful sea view properties located in Yalikavak just a short distance away from the Marina, and boasting an incredible design and modern home automation system that needs to be seen.
Bodrum
Suitable for Turkish Citizenship by Investment, this detached sea view villa is located at the seaside in Mimaroba area of Buyukcekmece in Istanbul and enjoys the most beautiful daily sunsets and panoramic sea views.
Istanbul
Located on Sovalye Island – an island so private, small, and beautiful, that there are no roads on the island, everywhere is accessible by foot, the seafront home is just a ten minute boat ride from Fethiye Centre and enjoys superb views over the surrounding sea and nature.
Fethiye
High class sea view villa in Kalkan with huge wraparound terraces for you to relax and take in the remarkable vistas. This house has been furnished in a tasteful manner and offers a unique experience just two minutes from the sea and beach clubs.
Kalkan
Suitable for the largest of families looking to live in Turkey, this spacious detached villa is found in a residential area of Akarca in Calis and is situated within private grounds with a beautifully landscaped garden and nature views.
Fethiye
Elite upmarket house found in the centre of Turkbuku in Bodrum with stunning panoramic views out towards the ocean and sea that is just 800 metres away. This is an excellent and peaceful family villa in a luxury setting.
Bodrum
This is an incredible six bedroom home in the centre of Bodrum within walking distance to pretty much everything you would need to indulge in a high quality of life while in Turkey. This villa is found within an elite complex and has breath taking views.
Bodrum
Ideal for family living in downtown Yalikavak, this four bedroom detached villa is set within a large private garden with beautiful view out towards the sea just 50 metres away – you simply cannot get closer to the ocean if you tried.
Bodrum
Looking out towards the sea and Palmarina with incredible 180-degree views, this is a luxury designed property for sale in Yalikavak that would make for an excellent family home with infinity private swimming pool and garden.
Bodrum
Built to luxury standards throughout, this brand new villa is found in a quiet area of Konyaalti and is just minutes away from the sandy beach for those looking to spend long weekends relaxing and spending time with loved ones.
Antalya
Designed and built to luxury standards, this deluxe detached property is found in a peaceful area of Yalikavak in Bodrum and is just 500 metres away from the seafront with tremendous views from the garden and rooms inside.
Bodrum
Suitable for a large-sized family looking to live in Fethiye on a permanent basis, this delightful home is for sale in the Akarca area of the town and is just 300 metres away from the nearest seafront and local daily necessities.
Fethiye
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
With an incredible view of the sea, this stunning villa is nestled within a residential area of Yalikavak and is 100 metres away from the beach for time spent with loved ones – this is one that you do not want to miss.
Bodrum
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
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