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.
A ten minute walk will take you into the town centre offering you the best of both worlds – relax from the comfort of your home with a private pool and beautiful gardens surrounded by natural views, or shop for all your needs just moments away.
Dalyan
This single-floor property is located in a residential area of Kadikalesi in Bodrum and is just a short walking distance away from the beach and within metres to supermarkets, local shops, and public transportation options.
Bodrum
Looking out across the mountains and nature, this semi-detached villa is on the market today at an affordable price and is ten minutes away from the centre of Gocek where all daily shops and amenities can be enjoyed.
Gocek
Situated in a spacious garden with large swimming pool and sunbathing terrace, this four bedroom detached house in Hisaronu is just five minutes driving distance away from the world famous Blue Lagoon at Oludeniz.
Fethiye
Full Bosphorus Sea view home for sale in the artistic area of Cihangir, just a few minutes walking distance away from the seafront and close to Taksim Square – you will struggle to find a better listing in this part of the city.
Istanbul
Built to modern standards from top to bottom, this is a stunningly beautiful villa for sale in a peaceful area of Uzumlu in Fethiye, within five minutes to the centre and situated within a private garden with large swimming pool.
Fethiye
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
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
Built using locally sourced stone of the highest quality, these brand new detached villas are located in a residential area of Gumusluk in Bodrum and are just 1km away from the nearest beach and even closer to all daily amenities and shops needed.
Bodrum
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
Laid out internally by a famous Turkish designer, this high quality home is found in the centre of Dalyan and has a long history of rental bookings for investors seeking income with their purchase of real estate in Turkey – do not miss this one.
Dalyan
Forming part of a beachfront complex, this stunning property is just 40 metres walking distance away from a private beach in Calis and has access to 5-star on-site communal and social facilities open all year round.
Fethiye
This spectacular property is just a short 10 minute walking distance from what is arguably the best beach in Bodrum and one of the most dramatic sunsets in the entire peninsula. Fully furnished and ready today, this is an exceptional opportunity.
Bodrum
Charm Blue Just metres away from the ocean is this first-class project of expansive homes for sale in Zeytinburnu, the perfect option for those looking for elite-living just 10 minutes away from Ataturk Airport and within commuting distances to the centre.
Istanbul
Highly private family house in the peaceful settings of Akkaya enjoying dramatic views across the surrounding mountains stretching all the way towards the Lake – completely furnished in a neutral manner, grab this opportunity today.
Dalaman
Situated within a private landscaped garden with swimming pool, this picturesque villa is nestled in a residential and sought after area of Gocek and is just a few moments away from the famous marina for sailing.
Gocek
Built to modern standards by a top developer in the city of Bursa, these contemporary homes are nestled in a peaceful area of Nilufer and have access to communal facilities including a large swimming pool and green gardens.
Bursa
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