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 is a unique bungalow style villa for sale in a residential area of Bodrum – this Konacik property is recommended for viewing and is just five minutes away from the centre where everything needed for family living is found.
Bodrum
This specially designed property is available today at a great price, and is found in a quiet area of Belek close to golf courses and within easy driving distances to local beaches and popular landmarks including Land of Legends.
Belek
Close to all local necessities and shops, these brand new properties are for sale in Akarca and are just a short ten minutes away from the nearest beach for relaxing and spending long afternoons with loved ones.
Fethiye
Spectacular homes with a contemporary design by a renowned architect, these villas offer large bedrooms and are simply beautiful both inside and out. Enjoy the location within walking distance to amenities and transport.
Bursa
Built to contemporary standards by a top developer, this project offers deluxe villas for sale in the highly residential area of Geris in Yalikavak and is just 700 metres away from the nearest beach for relaxing at the seaside.
Bodrum
Surrounded by pine forests and natural views, this fantastic property is located in a quiet area of Ovacik and is completely furnished and ready to move in immediately – situated within its own private garden with swimming pool.
Fethiye
Located right at the seafront in Turkbuku with access to a private beach and water jetty is this outstanding sea view villa for sale – perfect for those looking to obtain a luxury lifestyle in one of the most sought after areas in all of Bodrum.
Bodrum
Nestled just outside the main town of Fethiye is this charming duplex apartment for sale at an affordable price not to miss out on in Tasyaka – this flat has access to a shared swimming pool and mature landscaped gardens.
Fethiye
One of the most incredible homes that you will find in Istanbul today, this outstanding villa has sweeping views of a Bosphorus Bridge and Sea and is found in the affluent neighbourhood of Rumeli Hisari close to Bebek and Etiler.
Istanbul
Brand new apartment located in Kadikoy on the Anatolian side of Istanbul, overlooking the sea with a tremendous view from a high floor – this property is just a short walking distance away from Bagdat Avenue and amenities.
Istanbul
With three apartments inside, this building is perfect for those looking to invest in Kas and attract a high level of rental income all summer long – these listings share access to a swimming pool with an incredible sea view.
Kas
Tucked away in peaceful settings, this Inlice Village property has its own private swimming pool and is for sale at a great price for those looking to escape to the countryside in Gocek, just minutes away from the nearest beach.
Gocek
Enjoy life at the seaside when you purchase this incredible villa in Torba, complete with access to a private sandy beach just moments away – this picturesque home is situated within a gated community of family houses.
Bodrum
Situated at the seafront in Yalikavak, these luxury homes have access to a private beach platform and a dock for mooring a large boat during the summer, forming part of an elite project with each and every property overlooking the sea.
Bodrum
These hotel-style apartments are found in the desired area of Dosemealti in Antalya and can be purchased as two or three bedrooms for sale at affordable prices not to miss out on – ideal for those looking to obtain Turkish Citizenship.
Antalya
Designed with eco-friendly technology and constructed with cutting-edge design throughout, these properties are situated right on the sea and have access to a private beach and stunning hotel facilities as part of a luxury 5-star hotel.
Bodrum
Family home for sale in a residential area of Calis, this spacious property boasts its own private garden and large swimming pool and is no more than a short ten minute walk from the bustling beach and promenade full of shops.
Fethiye
Enjoying a sea view from all levels, this designer villa is tucked away in a residential area of Kalkan and is completely furnished ready to move in immediately – a superb pick for those relocating or someone seeking a luxury summer home.
Kalkan
In a highly private area, this luxury designed villa is found in tranquil Ovacik area of Fethiye and is perfect for those seeking a quiet life yet wanting to find themselves just minutes away from life and busy town centres.
Fethiye
In the heart of Muratpasa area of Antalya, this bargain priced duplex apartment has five bedrooms inside for the largest of families to live together comfortably and is just a short walk away from amenities and transportation.
Antalya
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