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.
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
Within close proximity to daily amenities and shops, this spacious villa is found in the residential and peaceful area of Akarca in Calis and is suitable for a large family looking to live in Turkey on a permanent basis.
Fethiye
With only two homes in total, this is an opportunity not to miss – these properties are located in the highly residential area of Akarca and are just a short walking distance away from a new park and nearby promenade lined with things to do.
Fethiye
Close to all local necessities and shops, these brand new properties are for sale in Akarca and are just a short ten minutes away from the nearest beach for relaxing and spending long afternoons with loved ones.
Fethiye
This specially designed property is available today at a great price, and is found in a quiet area of Belek close to golf courses and within easy driving distances to local beaches and popular landmarks including Land of Legends.
Belek
Rustic and tranquil settings make this Islamlar, Kalkan villa a charming place for those looking for an exclusive lifestyle in Turkey yet just a 15 minute drive away from the centre. This modern bungalow style villa is one not to be overlooked, the swimming pool is a delight and the home is a bargain.
Kalkan
Nestled in a residential area of Belek, this delightful villa is for sale at a great price and is perfectly suitable for year round living in Turkey – just a few minutes away from the nearest popular golf course and amenities.
Belek
Located in the exclusive Platinum Complex is this stunning Kusadasi house offering spectacular views over the bay and surrounding areas. The villa is just minutes away from the luxury 800 berth Setur Yacht Marina so would be ideal for those who enjoy sailing.
Kusadasi
Elite project of villas situated just 20 minutes away from the centre of Istanbul, yet surrounded by tremendous greenery in the forms of a 120,000 tree forest and central lake full of swans and other wildlife – one of the most impressive in the city.
Istanbul
With five bedrooms inside, this villa is for sale in Hisaronu area of Fethiye and is on the market today as completely furnished throughout – ideal for families looking to relocate to Turkey on a permanent basis.
Fethiye
Detached villa for sale in the heart of Kalkan, just a short walk away from popular restaurants and busy bars for spending days relaxing and enjoying life in Turkey – this is a tremendous home for the entire family to enjoy.
Kalkan
This is a unique bungalow style villa for sale in a residential area of Bodrum – this Konacik property is recommended for viewing and is just five minutes away from the centre where everything needed for family living is found.
Bodrum
Unique bungalow style villa tucked away in Kizilagac, just 3km away from Torba and offering a hugely private garden with swimming pool and tennis court. For anyone seeking a quiet life in Bodrum, this is a must see.
Bodrum
This listing could be used as either a family home or a boutique hotel for someone looking to run their own business in the desired area of Kas, just metres away from the seafront with direct access via steps leading down.
Kas
With sweeping views heading out to the sea, these contemporary properties are tucked away in an elite area of Turkbuku in Bodrum and have an abundance of luxury features included making these some of the best listings in the area.
Bodrum
At the edge of the water is this historic and prestigious apartment for sale in Istinye at a great price for someone looking to live amongst the most wealthy and cultured neighbourhoods in all of Istanbul. Do not miss this opportunity – call us today for more information.
Istanbul
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