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.
Within 200 metres to the nearest sandy beach for relaxing and spending summery days is this fully furnished villa for sale in Gumbet area of Bodrum – ideal for those looking to relocate and raise children in Turkey.
Bodrum
Charm Blue Looking out across the sea with some of the most impressive panoramic views possible are these brand new apartments in Zeytinburnu for sale – this is the last chance saloon to buy a seafront home in central Istanbul.
Istanbul
Super luxury apartment in the heart of Fethiye Town, overlooking the sea and promenade with views to die for and just moments away from everything you could possibly need – this is one of our top picks in the centre for sale.
Fethiye
Recently completed to excellent standards is this stylish contemporary villa for sale in a quiet area of Fethiye within minutes to everything needed – this house has its own swimming pool and garden outside for relaxing.
Fethiye
With fantastic views heading out towards green nature, these completed residences are found within a peaceful area of Eyup in Istanbul and have everything in place for family living in Turkey – do not miss out.
Istanbul
Close to amenities and things to do, this duplex apartment is nestled within a peaceful area of Belek and is on the market as completely furnished and decorated – ready for a family to move in as soon as possible.
Belek
Choose from semi-detached and detached villas when you purchase one of these lovely family homes in the residential area of Ciftlik in Calis, complete with their own private gardens and swimming pools outside.
Fethiye
Situated in a spacious garden with large swimming pool and sunbathing terrace, this four bedroom detached house in Hisaronu is just five minutes driving distance away from the world famous Blue Lagoon at Oludeniz.
Fethiye
Suitable for family living in a desired area of Calis, this three bedroom duplex is on the market today as completely furnished and decorated throughout and forms part of an excellent site with shared pool and gardens.
Fethiye
Situated within a large private plot is this spacious three bedroom detached house for sale in the peaceful area of Uzumlu, on the edge of the village yet within a short walk to all amenities and facilities within five minutes or less.
Fethiye
Built to modern standards from top to bottom, this is a stunningly beautiful villa for sale in a peaceful area of Uzumlu in Fethiye, within five minutes to the centre and situated within a private garden with large swimming pool.
Fethiye
Within two minutes walking distance of the famous promenade lined with things to do, these top quality villas are for sale in Babatasi area of Fethiye and have everything in place for those looking to move abroad with loved ones.
Fethiye
This detached house is completely furnished and ready for new owners to move in as soon as the purchase process has been finished – located in a residential area of Calis with its own large swimming pool and mature gardens.
Fethiye
Forming part of a beachfront complex, this stunning property is just 40 metres walking distance away from a private beach in Calis and has access to 5-star on-site communal and social facilities open all year round.
Fethiye
This single-floor property is located in a residential area of Kadikalesi in Bodrum and is just a short walking distance away from the beach and within metres to supermarkets, local shops, and public transportation options.
Bodrum
With lots of investment potential, this three bedroom apartment has amazing sea views over Bodrum and could be used as either a permanent living home or buyers could take advantage of the guaranteed rental income contract in place.
Bodrum
Nestled within a peaceful area of Uzumlu, this detached villa has its own private garden and swimming pool for relaxing and spending time outside – just a few minutes away from the Village centre and daily amenities.
Fethiye
This detached villa is nestled within a residential area of Gocek and is just a short ten minute walking distance away from the town centre full of life and things to do – this home is perfect for those relocating with loved ones.
Gocek
Continue with Google
