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.
This rare find bungalow in Ovacik offers a private lifestyle in over 1,000sqm of land in the countryside. In this region of Fethiye, Turkey, it is hard to source bungalows for sale due to the highly competitve nature once they do come to market. This one also comes fully furnished.
Fethiye
Furnished and decorated, this charming property has its own private swimming pool and landscaped garden in Seydikemer area of Fethiye – just a short walking distance away from the town centre and daily amenities.
Fethiye
Within an easy ten minute walk to the centre of Fethiye is this promenade apartment for sale at a great price for permanently living in Turkey with your children and loved ones – this listing forms part of a great social complex.
Fethiye
Tucked away in the Turkish countryside is this peaceful property for sale in Kas, suitable for those looking to retire to the sun close to Bayindir Village. Built using locally sourced stone of the highest quality, this is a lovely home.
Kas
On the market at affordable prices not to miss out on, this top quality project offers bargain apartments within the residential area of Kepez in Antalya and is nestled just a few minutes away from all amenities needed.
Antalya
Detached villa for sale in a residential area of Ovacik, looking out across the surrounding nature with spectacular views from a large garden – this house has its own swimming pool and is suitable for year round living abroad.
Fethiye
Completely furnished and ready to move in, this spacious detached villa is nestled away in a private area of Ovacik in Fethiye and is ideal for use as a family home in the sun – all just five minutes away from Oludeniz Beach.
Fethiye
Enjoying beautiful sea and Greek island views, this lovely home is found in a residential area of Kas in Turkey and is a must see at a great price – on the market as fully furnished and with its own swimming pool and garden.
Kas
Renovated house with more than 150 years of history attached to it, this is a rare find in Gurece in Bodrum offering lots of privacy with a plot measuring 1,000m2, a swimming pool, and outstanding views across nature and the sea.
Bodrum
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
A complete project in the sunny area of Side is this fantastic range of apartments and villas for sale built to the very highest in modern real estate standards. Magnificent value for money for anyone looking for a holiday home or perhaps a year round residence in Turkey.
Side
Listed for sale at an affordable price for families looking to live in Bodrum peninsula on a permanent basis is this charming property in Umurca, situated within its own landscaped green garden with a partial sea view.
Bodrum
Situated within its own landscaped garden with private swimming pool and wonderful views out towards nature is this spacious villa in Ovacik for sale at a great price for those looking to spend an extended amount of time in Turkey.
Fethiye
Close to the main road for travelling throughout the region of Fethiye, this bargain priced apartment is located in the Deliktas area and forms part of a small complex with access to a shared swimming pool and gardens.
Fethiye
Available today at a bargain price not to miss out on, this spacious apartment is situated within a top complex in the Calis region of Fethiye and is just a short walking distance away from the famous sandy beach area.
Fethiye
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
Within easy walking distance to the nearest beach is this modern villa for sale in Gundogan area of the Bodrum Peninsula – this property has sea views and access to shared facilities including a swimming pool and gardens.
Bodrum
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