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.
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
These spacious apartments have been constructed to excellent standards and are nestled in a highly private and residential area of Nilufer within Bursa – situated within a top complex enjoying landscaped gardens and facilities.
Bursa
This charming apartment is located in a historical location in Cihangir and offers three bedrooms for a large sized family to live permanently in Istanbul within walking distance to Taksim Square and Istiklal Avenue.
Istanbul
Looking out towards the sea with fantastic views, this brand new development is located in an elite area of Uskudar in Istanbul and offers homes for sale in sizes ranging up to five rooms for large families to live.
Istanbul
This landmark development is located just ten minutes away from Maslak, Sisli, and Besiktas and offers apartments from one – five bedrooms in multiple different types and sizes; all overlooking the Belgrad forest and Sadabad River.
Istanbul
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 daily amenities and just 50 metres away from the nearest beach is this charming apartment for sale in Gundogan area of Bodrum – highly suitable for use as a family flat in a residential area of the peninsula.
Bodrum
Looking down towards the main town of Fethiye and surrounding mountains is this bargain priced apartment for sale in residential Tasyaka, just a short walk away from local markets and all daily amenities needed.
Fethiye
Within close distance to Ilica Beach and daily amenities, this spacious villa is located in the Cesme area of Turkey and is for sale at a great price for those looking to relocate with family members to a highly sought after area.
Cesme
Semi-detached villa for sale in a quiet residential area of Akarca in Calis, just a short walking distance away from local amenities including shops and close to the promenade for spending days and relaxing with loved ones.
Fethiye
This resale villa is a wonderful option for those wanting to live in Fethiye on a year round basis and is on the market today at an excellent price not to miss – situated within its own mature garden with swimming pool.
Fethiye
Olympos region bungalow for sale in Kemer, Antalya. Surrounded by pine forests and with a backdrop of the Taurus mountains, this listing is a traditional home for those seeking a getaway yet only 30 minutes away from the bustling city of Antalya. All in all, well worth taking a closer look.
Kemer
Built to the highest possible quality using locally sourced stone and unique architecture, this outstanding villa is for sale in Ovacik area of Fethiye and is situated within its own private plot with landscaped garden and pool.
Fethiye
This panoramic duplex apartment is located in the heart of Kumbahce in Bodrum Town Centre and is an opportunity not to be missed – this spacious residence has tremendous sea and city views from large balconies and terraces.
Bodrum
Just a short 15 minute walking distance away from the centre of Belek where you will find an abundance of things to do is this wonderful family home for sale at a great price for those looking to relocate or spend summers in Turkey.
Belek
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