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.
Fantastic villa for sale in Bahcesehir, forming part of an elite project, one of the largest in the area and full of on-site social facilities for residents to indulge in a luxury lifestyle within easy commuting distances to the centre of Istanbul.
Istanbul
Located in the centre of Bursa, within close distance to shopping malls is this family designed project offering only four bedroom properties for sale – ideal for those looking to relocate with young children to Turkey.
Bursa
Set in forest surroundings yet just minutes away from the lively town centre of Hisaronu, this triplex villa is completely furnished and ready to move in immediately, making it the ideal family home with garden and swimming pool.
Fethiye
Looking out towards the sea and surroundings, this spacious apartment is for sale in the elite neighbourhood of Suadiye in Kadikoy on the Anatolian side of Istanbul and is within a few minutes to the famous Bagdat Avenue.
Istanbul
For sale at an affordable price, this charming apartment is nestled on the outskirts of Fethiye Town and has a view out towards the sea and Harbour – suitable for those wanting to make their life in Turkey a permanent one.
Fethiye
Infinity swimming pool detached villa for sale in a residential area of Yalikavak in Bodrum, just a short 300 metre walking distance from the beach and within close proximity to daily shops and local amenities in Turkey.
Bodrum
Designed a unique Greek style house in the middle of Yalikavak, this detached property is just a short 900 metre walking distance from the sea and is available today as completely furnished and ready to move in immediately.
Bodrum
Renewed in 2017 by an Italian interior designer, this villa is in excellent condition and is located within a 5-star complex in Adabuku with access to a full range of luxury facilities and on-site social areas for residents.
Bodrum
Prime apartments for sale directly at the beach in Konyaalti area of Antalya, suitable for those looking to obtain Turkish Citizenship by real estate investment within a top complex with a full range of on-site social and communal facilities.
Antalya
Situated within private gardens with large swimming pools, these detached houses are found in the premier sailing town of Turkey, Gocek, and with only four available, time is running out for those looking to live in this quaint area.
Gocek
Just a short 200 metre walking distance away from the nearest sea and beach, this is a once in a lifetime opportunity to purchase a villa in Cesme within a luxury development close to some of the best areas of the region.
Cesme
Built to luxury standards throughout, this brand new villa is found in a residential area of Ovacik in Fethiye and has its own swimming pool and landscaped gardens for spending endless summery days outside with loved ones.
Fethiye
With residences ranging from four to five bedrooms in size, this outstanding project has been developed for family friendly living and is located just 15 minutes via car away from the centre of Bursa and the largest shopping mall.
Bursa
Forming part of a 5-star complex in Gocek located directly at the entrance to the sea with access to a marina and sailing facilities, this is an opportunity not to miss out on and comes highly recommended for viewing at the earliest available chance.
Gocek
Located just minutes away from the famous Calis Beach is this 5-star property for sale within one of the most sought after complexes in Fethiye and complete with access to a full range of on-site amenities and lifestyle facilities.
Fethiye
Four bedroom house with room for all the family to enjoy a new lease of life in the popular setting of Ovacik close to everything you could possibly need – for sale today at a bargain price considering the quality and size of the home.
Fethiye
Bargain priced five bedroom family house for sale in the peaceful area of Ovacik at the foothills of Babadag Mountain with supreme nature views throughout, this lovely home is found in a private plot with spacious garden and pool.
Fethiye
This outstanding detached villa is found in Ovacik and is on the market today as completely furnished and decorated from top to bottom – an ideal family home just minutes away from necessities and the nearest centre.
Fethiye
Located in an excellent area of Uzumlu, this property is fully furnished and ready for a family to move in immediately after the purchase process has been finalised – tucked away in a peaceful area surrounded by mountain views.
Fethiye
This charming villa has five bedrooms and would be suitable for those wanting to live in Calis in the Ciftlik area on a year round permanent basis – all just a short five minute drive from the beach and bustling promenade.
Fethiye
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