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.
Completed to outstanding standards and ready to move in today, these designer homes are situated in the sought after forest settings of Zekeriyakoy and form part of one of the most highly anticipated projects in the city.
Istanbul
Exquisite 5-star residence offering amazing sea views and a quality of life that will have you place amongst the most luxurious homes you will find in this part of Turkey. Fully furnished and complete with a large private swimming pool and self-contained apartment level for guests and family.
Kalkan
This franchise shop is located in Beylikduzu area of Istanbul and is occupied and rented on a long term basis by a successful hair salon – available for investment today for those seeking high income immediately.
Istanbul
Looking out towards the sea with a full view, these magnificent villas are located in the sought after area of Buyukcekmece in Istanbul and have their own private landscaped gardens and spacious swimming pools outside.
Istanbul
Tucked away in a private area of Beylikduzu, these contemporary villas are perfect for families that are looking to live in Turkey on a permanent basis with easy access to local amenities, schools, and much more.
Istanbul
Built to meet the requirements of the most discerning of Turkish home buyers this is an exceptional home with some of the best sea and bays views in Kalkan. Affording huge sea facing terraces and a stunning swimming pool the property offers idyllic settings for a summer retreat in the Mediterranean.
Kalkan
Minutes away from daily necessities and amenities, these sea view luxury-built villas are for sale in the residential area of Gurpinar in Beylikduzu and are suitable for Turkish Passport by Investment applications.
Istanbul
Located at the seafront in Istanbul, these Zeytinburnu villas form part of an Ottoman Palace with access to a full range of social facilities and on-site areas including a stone square with restaurants and daily shops to enjoy.
Istanbul
Boasting the wow factor, this special apartment is located in one of the most desired and elite neighbourhoods of Antalya, and is just metres away from a green park and wonderful beach area. There is also a full range of hotel facilities within the project.
Antalya
Whether you are looking to live in Dalyan all year round or looking for a summer home with rental potential, this private house ticks all the boxes and is located in the residential area of Osmanagalar close to the centre and new market place.
Dalyan
Built to luxury standards throughout, this villa is located within a complex in Dosemealti and has access to a swimming pool and green gardens – ideal for those who are looking to relocate to Turkey with young children.
Antalya
Designed and built to custom standards, this extravagant five bedroom Bolu villa is situated within a huge 8,000m2 plot and assures complete privacy for those looking to escape from city life to some of the most beautiful surroundings in all of Turkey.
Bolu
Built to exceptional standards throughout, this property is located in Side area of Turkey and is within easy driving distances to the nearest beach – on the market as completely furnished and ready to move in immediately.
Side
Built to excellent standards throughout, these charming villas are nestled within the peaceful area of Dosemealti and have their own private gardens – all just a few minutes away from local amenities and necessities.
Antalya
Probably the best example of contemporary modern designs in Turkey this amazing property is not just a holiday home but built to live and enjoy life to the full. Views over Kalkan are out of this world. Spacious, bright and airy, has it all indeed.
Kalkan
One of the most impressive properties that you will find in Kas today – this stunning stone built traditional house is fully furnished and enjoys uninterrupted sea views and daily sunsets from all rooms and terraces inside.
Kas
Enjoy some of the best views in Kalkan with this luxury villa located in an elevated position in Kisla offering truly breathtaking views to last across the whole bay. Sold fully furnished and with, not one, but three private swimming pools - this is an uber modern home for sale.
Kalkan
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