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.
Nestled in a peaceful area of Seydikemer, this unique property boasts a stunning swimming pool and is for sale today as completely furnished and decorated – new buyers can move in as soon as the purchase is finalised.
Fethiye
Completely furnished and ready for new owners to move in immediately is this charming detached villa for sale in a residential area of Fethiye, just a short ten minutes drive away from the world famous Blue Lagoon Oludeniz Beach in Turkey for sale.
Fethiye
Built to luxury standards is this unique villa for sale in the Uzumlu area of Fethiye, ideal for those looking to escape to the Turkish countryside with natural surroundings and green views from large balconies and terraces.
Fethiye
A perfect escape for those looking to enjoy the Turkish countryside, this tremendous villa is found in the Uzumlu area of Fethiye and is for sale at a great price – complete with its own private garden and swimming pool.
Fethiye
Ready to move in immediately, this fully furnished property is tucked away in a residential area of Ovacik with tremendous mountain views and is just five minutes away from the world famous Blue Lagoon at Oludeniz Beach.
Fethiye
Suitable for raising family in Turkey, this modern detached villa is just a short ten minutes away from the world famous Blue Lagoon Oludeniz Beach and is nestled away in Ovacik with tremendous views of the mountains and surroundings.
Fethiye
Escape from reality and head to tranquility with this beautiful three bedroom villa available in the Arikbasi area of Dalyan. With an unbelievable view of mountains from your balcony to the plentiful of greenery planted in the garden, this is a must see.
Dalyan
This villa is located within an excellent complex at the frontline to the sea in Calis and has its own private swimming pool and gardens to enjoy – it would make for a wonderful home to spend vacations or even live permanently in Turkey.
Fethiye
Completely furnished and ready to move in, this Kemer villa is within 30 minutes to the main town of Fethiye and is available today at a bargain price – situated within its own private garden with swimming pool to enjoy.
Fethiye
Fully furnished and ready to move in, this superb Yalikavak villa enjoys panoramic views out towards the sea and surroundings from spacious balconies and forms part of a sought after complex with shared swimming pool.
Bodrum
Private luxury designed villas for sale in the sought after area of Torba, just 900 metres away from the nearest beach and local amenities making these properties perfect for family living with stunning sea and nature views.
Bodrum
Built to exception standards, this peaceful house is for sale in the Ocakkoy area of Fethiye and has stunning views across the surrounding nature and countryside – suitable for those wanting to escape to Turkey.
Fethiye
Beautifully kept and maintained villa for sale in Kayakoy Ghost Town area of Fethiye, situated within its own landscaped gardens with pool and lovely views heading out towards famous landmarks and historical archaeological sites.
Fethiye
Enjoying sweeping views down towards the sea and surroundings, this spectacular villa is found in a residential area of Kisla in Kalkan and has its own infinity swimming pool and garden for relaxing outside.
Kalkan
Our real estate analysts suggests that anyone who purchases a home within this 5-star elite project could see a total return on their money within 10-12 years, making this a property in Turgutreis that you simply cannot miss.
Bodrum
Situated at the waterfront in a prime position, this outstanding stone built villa is found in the Kas peninsula of Turkey and is a must see for those looking to live in the country close to all daily amenities and facilities.
Kas
5-star designed apartments for sale in Konyaalti area of Antalya, forming part of a deluxe project with a full range of social facilities available and gorgeous views heading out towards the sea and beach just metres away.
Antalya
Incredible villa in Konacik with sweeping views and fabulous sunsets, this house is found on a hill and overlooks some of the most impressive sights you could imagine, all while being just five minutes away from Bodrum Centre.
Bodrum
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