Find Your Ideal
Home & Investment
Find Your Ideal Home
& Investment
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.
Metres away from the seaside and beach, these beautiful properties have been designed with luxury living in mind in the Yalikavak area of Bodrum and can be purchased as apartments or private villas with swimming pools.
These central square properties are the perfect investment opportunity on the Asian side of the city and feature access to the largest shopping mall within the city, with more than 400 shops to browse and choose from.
Brand new sea view villas and apartments for sale in the centre of Gumbet, 200 metres away from the seaside and nearest beach area – forming part of a modern compound with shared swimming pool, landscaped gardens, and cafe.
Own an apartment set within a hotel complex in one of the most sought after projects in the whole of Turkey, this is as good as it gets. With a rental program guaranteed to pay back original investment within 10-12 years, and private beach access, as well as mooring facilities - this is living life to the fullest.
Fully furnished and ready for new owners to move in immediately, this delightful apartment is found in the heart of Fethiye Town centre and has a superb view heading out towards the sea and Harbour just metres away.
Rare stone built cottage in the historical settings of Kayakoy Ghost Village in Fethiye, overlooking Babadag Mountains and surrounding sites – this property is set within a garden with its own swimming pool and comes highly recommended.
Residential apartments for sale on the Asian side of Istanbul in the friendly and sought after area of Maltepe, overlooking the sea with tremendous views all whilst being just a short walking distance away from the famous Bagdat Avenue.
Furnished and ready to move in, this spacious apartment is found within a luxury-designed complex in the beautiful Calis region of Fethiye and has access to a private sandy beach just a few metres away for daily relaxing.
This rare stone house has recently been renovated throughout and is offered for sale today as furnished and located in the historical setting of Kayakoy, overlooking the Ghost Town with incredible views – do not miss this one.
In a hot spot where some of the most exclusive real estate of Kas can be found, this superb sea vista villa is for sale as completely furnished and has a swimming pool with a sweeping view heading out to nature and islands.
Metres away from a private beach and sea, this fantastic apartment is for sale in Kadikalesi area of Bodrum and includes white goods within the sales price – perfect for owners looking to live in Turkey or invest for income.
Located within a 5-star beachfront complex, this sea view apartment has access to world class facilities including a private beach, jetty, restaurants, and cafes – you will never tire of your new life in Gundogan when you purchase here.
Situated directly at the waterfront with amazing views is this tremendous deluxe property for sale in Turkey’s premier sailing town Gocek, perfect for those looking to relocate to a friendly community of boat owners and sailors.
With access to a beach, a private garden attached, and rental history of attracting 40,000USD in income per season – this is a quality investment and lifestyle for anyone looking for the very best real estate available in Gundogan.
Located in an area undergoing lots of urban regeneration, these superb Gaziosmanpasa apartments are available from two – four bedrooms and are situated right besides the TEM Highway for easy commuting around Istanbul.
Set to be the tallest building in Istanbul once completed, this is a unique opportunity to invest in a central apartment designed to 5-star standards – these properties are found in Maslak and enjoy stunning city landscape and skyline views.
Within 200 metres to the nearest sandy beach, these charming apartments are for sale in a popular area of Oba and are perfect for family living with loved ones – arrange your visit at the earliest by calling us or contacting us today.
Situated within a developing and friendly neighbourhood, these Nilufer apartments are for sale at affordable prices within the city of Bursa and have beautiful views heading out across the surrounding nature.
Enjoying an outstanding view of the ocean, this two bedroom apartment forms part of a sought after complex in Yalikavak and is offered today at a bargain price for investors or someone looking for a permanent base in Bodrum.
Boasting a huge shared swimming pool and other on-site social facilities for residents to use, this complex is located in the residential area of Avsallar in Alanya and offers contemporary apartments at bargain prices today.
Built to excellent standards throughout, this complex offers a host of social facilities and apartments for sale in sizes up to four bedrooms for buyers to choose from. This is one of our top picks in the Bursa region.