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.
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
Ready to move in immediately, this five bedroom villa could house the largest of families looking to settle in a residential area of Dalyan. The property is equipped with a charming garden and private swimming pool.
Dalyan
Detached stone house in the idyllic area of Gundogan in Bodrum, within five minutes to the nearest beach and close to authentic restaurants and amenities – this home offers an abundance of privacy and large swimming pool.
Bodrum
Located in Turkey’s most exclusive seaside town, this six bedroom detached villa has all the makings of a wonderful family home in the sun and is just minutes from famous marinas for those who love to sail the seas.
Gocek
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
Constructed using authentic stone imported from Alacati in Izmir, this wonderful house is located in the heart of Bitez and overlooks the sea with a breath taking view stretching out across the water for as long as the eye can see.
Bodrum
3km away from the centre of Yalova and only 5km away from the nearest Thermal Spa, these properties are the perfect homes for those looking to relax and pamper themselves in Turkey, get away from it all and just enjoy some peace.
Yalova
With four bedrooms inside, this property is suitable for year round living in Bursa and has its own private swimming pool and landscaped garden for relaxing and spending long summer afternoons outside with the family.
Bursa
Centrally located and built to contemporary modern standards in Bodrum, these first class luxury villas enjoy supreme Bay and sea views and are set within spacious private gardens with swimming pools attached.
Bodrum
This is a custom built bungalow style villa located in the centre of Bodrum in Konacik, just minutes away from beaches, shopping centres, and everything else you would need close to you for permanent living in the peninsula.
Bodrum
Complete luxury living is attained with this comprehensive project of apartments in an elite area in Trabzon designed to give you everything you could imagine right at your fingertips or even closer – a beautiful project both inside and out.
Trabzon
Commercial property for sale in Fethiye, this apartment building offers a tremendous amount of rental potential all year round in the residential area of Karagozler with a lovely view heading out towards the sea and beyond.
Fethiye
Smart homes in the centre of Bodrum with supreme views out towards the Castle and sea, and picturesque location for year round living with your family – this is a boutique project of only six units and is ready to be moved in immediately.
Bodrum
Located in the heart of Istanbul, this Starbucks coffee shop is found in Sisli and is just moments away from a major busy high street full of potential customers – this is an excellent investment opportunity in Turkey.
Istanbul
Looking out to the sea with lovely views, this four bedroom residence is found in a quiet area of Tuzla in Istanbul and is close to all amenities including Tuzla Marina for those who love sailing some of the best sailing routes in Turkey.
Istanbul
Within a few minutes to the nearest marina and seaside, these fantastic new villas are nestled away in a quiet area of Buyukcekmece in Istanbul and are suitable for family living away from the frenetic city centre.
Istanbul
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