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.
Built to exceptional standards throughout, this detached villa is for sale in the sought after neighbourhood of Akarca within Fethiye region and is just a short walk away from everything needed on a daily basis.
Fethiye
Looking out towards Kalkan Bay with completely uninterrupted views of the harbour and town centre is this deluxe 5-star property for sale in a private area for those looking to obtain an exclusive lifestyle in residential Turkey.
Kalkan
Built to luxury standards throughout, this fantastic villa has an unobstructed view of the sea and is nestled within the popular area of Geris in Yalikavak – complete with its own private garden and large swimming pool.
Bodrum
Walk the alluring cobbled streets of Kalkan before returning to your impressive villa in the heart of Ortaalan finished with luxury touches throughout. Within walking distance to the sea in one direction and to the centre in the other direction. Very highly sought out area and desired design.
Kalkan
This brand new property is located in a residential area of Bitez and overlooks the sea with tremendous unobstructed views, complete with its own private garden and large swimming pool – all just 3km away from Bodrum Centre.
Bodrum
How would you fancy living in a home where you have the beach literally just 50 steps away from your own living room? That is exactly what you get with this very rare Sovalye Island home along with access to a jetty making this a dream come true for anyone who likes the water.
Fethiye
Golden opportunity to own and operate your own boutique hotel in Kas – this hotel has sweeping sea views and a long history of attracting repeat customers all through the summer season in Turkey. You will not find a better investment.
Kas
Offering a huge plot of land measuring 1,200m2 in total, this luxury Gumusluk villa offers a little wow factor for those searching for spectacular real estate abroad. Enjoy a highly private lifestyle surrounded by spectacular nature views and secluded away from the hustle and bustle of city life.
Bodrum
Looking out across the sea and surroundings with fantastic views, this immaculate family home is for sale in the residential area of Konacik in Bodrum and has its own private green garden and swimming pool to enjoy.
Bodrum
Completely furnished and ready to move in immediately is this stunningly beautiful family home for sale in Hadimkoy area of Istanbul – situated within a vast plot of land guaranteeing a private life with swimming pool to enjoy.
Istanbul
Located just 25 metres away from a private beach club and sea, this exquisite villa is nestled within Koyunbaba Bay area of Yalikavak in Bodrum and is ready for new owners to move in immediately after purchasing.
Bodrum
Looking out across the sea and beach with panoramic views, these designer villas are a must see for those seeking a 5-star lifestyle in Turkey and are nestled in the peaceful area of Gundogan within the Bodrum peninsula.
Bodrum
One of the most impressive skyline view apartments that you will find in Istanbul, this Sisli residence offers a 5-star lifestyle for year round living in Turkey with access to a full range of social facilities and services within.
Istanbul
This is the rarest type of home that you will find for sale in Fethiye today. The option of picking up a villa in Kayakoy doesn’t come around every day, so anyone interested in this should act fast or miss out.
Fethiye
Built to 5-star standards, this elite villa is nestled away in a quiet area of Calis and is on the market as fully furnished and decorated throughout – situated within its own private lot with large gardens and swimming pool.
Fethiye
Designed and built to luxury 5-star standards, this smart house is found in the peaceful area of Bayindir in Kas for sale and has access to an infinity swimming pool and tremendous garden for relaxing outside all year long.
Kas
Offering a completely private lifestyle in Bodrum, this panoramic view villa is nestled in a peaceful area of Konacik just a few minutes from the town centre – perfect for buyers who want to relocate with a family.
Bodrum
At the waterfront, this is an incredibly rare opportunity to purchase a villa on Sovalye Island complete with mooring facilities and sea access – this gorgeous property is just a short five minute boat journey away from Calis Beach.
Fethiye
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