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.
Built to 5-star standards throughout, this spectacular project offers luxury villas for sale within the Geris area of Yalikavak within the Bodrum peninsula and is just 400 metres away from the nearest public beach for relaxing.
Bodrum
Located in the elite area of Karagozler within Fethiye, this villa is on the market today as completely furnished and has been renovated recently to excellent standards – suitable for buyers looking to live permanently.
Fethiye
This is an excellent pick for those looking to relocate to Kas or spend long summer holidays enjoying one of Turkey’s gem locations – overlooking the sea with dramatic views and offering three bedrooms for up to six people.
Kas
Overlooking the sea with sweeping views is this charming duplex apartment for sale in the heart of Kas in Turkey – minutes from the centre and local amenities. This residence offers lots of rental potential for those looking to invest.
Kas
Farmhouse style villa located in a peaceful area of Ortakent just minutes away from the beach and nearest shopping mall full of stores and things to do. The house is situated in a private garden with large sized swimming pool.
Bodrum
Set within a beautiful mature garden with ample room for relaxing in pure Zen, this expansive property is tucked away in Kizilagac and is just a short 15 minute drive from Bodrum Centre and its renowned facilities – a must see listing.
Bodrum
Suitable for retiring to Turkey or living permanently with a family, these spacious bungalow style villas are found in an idyllic setting in Torba just five minutes away from the nearest beach and within close proximity to a shopping mall.
Bodrum
Constructed using locally sourced stone of the highest quality, these spacious villas are nestled in a private and residential area of Gumusluk in Bodrum – just a few minutes away from the nearest beach and amenities.
Bodrum
With some of the most impressive sea views imaginable, this spectacular property is for sale within a residential area of Yalikavak in the Bodrum peninsula and forms part of a high quality complex with pool and gardens.
Bodrum
Surrounded by green nature and wonderful views, this exceptional project is tucked away in Sariyer area of Istanbul and comes highly recommended as one of our top picks – you will not find a better project than this.
Istanbul
In a residential area, suitable for year round living in Bodrum, these excellent villas are found in Gokcebel area of Yalikavak and are recommended for viewing at the earliest – these will not be on the market for very long.
Bodrum
This stylish home is nestled within a mountainside area of Ovacik and has tremendous views heading out across the surrounding greenery and nature – forming part of a lovely complex with access to a swimming pool.
Fethiye
Escape to the country with one of these luxury villas found besides a golf club in Bodrum. The properties and project have been designed for those who love an active and natural lifestyle, surrounded by forests and views.
Bodrum
Right at the seafront with access to a private beach measuring 20,000m2, these luxury designer apartments are found in Kadikalesi and are suitable for year round living within one of the most sought after developments in Bodrum.
Bodrum
With three bedrooms inside, this duplex apartment is perfect for those looking to relocate to Turkey on a year round permanent basis to Calis area of Fethiye and forms part of a quality complex with pool and gardens.
Fethiye
Looking out across the sea and surroundings of Yalikavak, this brand new project offers exciting properties for sale at superb prices in Bodrum and is highly suitable for those who are looking to live in Turkey permanently.
Bodrum
This duplex apartment has its own private landscaped garden for relaxing and spending time outside with loved ones – forming part of an excellent complex just a short walk away from the nearest beach and Marina.
Bodrum
Completed and ready to move in immediately, this fully furnished apartment is for sale in Yalikavak and is just ten minutes away from the Marina for luxury shopping, restaurants, and endless sailing opportunities.
Bodrum
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