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.
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.
Alanya
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.
Bursa
Offering a high degree of rental potential for buyers to take advantage of, this new project of affordable apartments is found in Kepez area of Antalya and includes a host of on-site social facilities and spaces for residents.
Antalya
Purchase a brand new home in Mahmutlar when you buy one of these modern apartments for sale at affordable prices in Alanya – situated within close proximity to amenities and the nearest sandy beach for relaxing.
Alanya
Available today at a bargain price not to miss, this affordable apartment is for sale in Tasyaka area of Fethiye and is close to all amenities and necessities needed – this is one that you do not want to miss out on.
Fethiye
Recently completed to modern standards, this bargain priced apartment is tucked away in a residential area of Ovacik just 20 minutes away from Hisaronu and enjoys access to large communal gardens with a swimming pool and mountain views.
Fethiye
This charming apartment is nestled in Kumbahce area of Bodrum Centre and is on the market today as completely furnished and ready to move in immediately – ideal for those who want to live in the town with a small family.
Bodrum
Constructed to excellent standards using locally sourced stone, this detached villa is found in a residential area of Konacik in Bodrum and forms part of a high quality complex with shared swimming pool and landscaped gardens.
Bodrum
Looking out across lovely green surroundings from attached balconies, these completed apartments are for sale in the central area of Eyup and are recommended as one of our top picks for family living in Istanbul.
Istanbul
These sylish uber modern Side apartments ooze sophistication and top level design and quality throughout. For anyone looking to purchase real estate in Turkey - we highly suggest taking a look at these ones, ideal for year round living and complete with luxury features and facilities.
Side
Located at the beachfront in Tilkicik Bay, these stunning homes in Yalikavak have access to a private 200 metre long beach and are available in sizes ranging from one – three bedrooms, all just five minutes away from the town centre.
Bodrum
This is an incredible 5-star project is home to a world class hotel resort and facilities, facilities that anyone who owns a property here can enjoy, making this an exceptional investment or lifestyle opportunity on the beachfront in Kadikalesi.
Bodrum
Completely furnished and ready to move in today is this bargain priced apartment within walking distance to the famous Calis Beach and promenade full of busy restaurants, quality bars, and all your everyday shops and necessities.
Fethiye
Completely furnished and ready to move in, this spacious apartment is just metres away from a private sandy beach within a 5-star complex full of social on-site facilities and things to keep residents entertained all year round.
Fethiye
Located at the beachfront in Turgutreis, this is a luxury designer apartment for sale at an excellent price within one of the best complexes that you will find in the entire peninsula of Bodrum – this is a must see listing.
Bodrum
One of our top investment or lifestyle opportunities in the entire city, this panoramic sea view project is found in the city centre of Istanbul in Cihangir and offers apartments for sale in sizes ranging from one – two bedrooms.
Istanbul
One of the best complexes that you will find in Bitez area of Bodrum, this site offers a range of apartments for sale with sea views and is ideal for year round living nestled between the town centre and the resort of Gumbet.
Bodrum
These resort-style apartments are located within a 5-star complex with access to a plethora of social facilities and necessities for residents to enjoy – all just moments away from amenities and public transportation.
Alanya
Furnished and ready to move in, this spacious apartment is located within a peaceful complex in a residential area of Calis within the Fethiye region of Turkey – all just a short walk away from the beach and necessities.
Fethiye
Priced to sell quickly, this charming apartment is for sale within the residential area of Calis in Fethiye and is just a short walk away from the promenade lined with restaurants and things to do on a daily basis.
Fethiye
For sale at affordable prices, these one bedroom apartments are nestled within a residential complex in Tasyaka area of Fethiye Town and are just a few minutes away from amenities and public transportation options.
Fethiye
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