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.
Ready to move in immediately, this fully furnished property is tucked away in a residential area of Ovacik with tremendous mountain views and is just five minutes away from the world famous Blue Lagoon at Oludeniz Beach.
Fethiye
Enjoying panoramic views of the Bosphorus Sea and Istanbul skyline, this luxury apartment is found in the heart of Istanbul in the Cihangir neighbourhood and is just a short two minute walk away from Galata Tower.
Istanbul
A perfect escape for those looking to enjoy the Turkish countryside, this tremendous villa is found in the Uzumlu area of Fethiye and is for sale at a great price – complete with its own private garden and swimming pool.
Fethiye
Incredible villa in Konacik with sweeping views and fabulous sunsets, this house is found on a hill and overlooks some of the most impressive sights you could imagine, all while being just five minutes away from Bodrum Centre.
Bodrum
Built to exception standards, this peaceful house is for sale in the Ocakkoy area of Fethiye and has stunning views across the surrounding nature and countryside – suitable for those wanting to escape to Turkey.
Fethiye
Just a short 40 metre distance away from the sea and private beach is this luxury designer villa for sale in the peaceful area of Bogazici in Bodrum – fully furnished and ready for new owners to move in today, this is one not to miss.
Bodrum
Suitable for raising family in Turkey, this modern detached villa is just a short ten minutes away from the world famous Blue Lagoon Oludeniz Beach and is nestled away in Ovacik with tremendous views of the mountains and surroundings.
Fethiye
Built to luxury standards is this unique villa for sale in the Uzumlu area of Fethiye, ideal for those looking to escape to the Turkish countryside with natural surroundings and green views from large balconies and terraces.
Fethiye
Looking out towards the sea with an unobstructed view that stretches endlessly, this beautiful house is for sale in the Adabuku area of Bodrum and forms part of an elite complex with access to facilities including a beach.
Bodrum
Just a short two minutes away from the town centre and amenities, this spacious property is perfect for year round living in Turkey with a family and comes highly recommended for viewing at the earliest available opportunity.
Fethiye
Beautifully designed inside and out, this spacious villa is tucked away in a residential area of Calis in Fethiye and is close to everything needed, including the nearest sea and beach just a 15 minute stroll in the sun away.
Fethiye
Situated within gardens featuring trees that are over 100 years old, this stone built villa is located in a residential area of Urla in Izmir and comes highly recommended for viewing at the earliest available opportunity.
Izmir
Built using high quality stone, this brand new villa is found in Uzumlu area of Fethiye and is situated within its own private pool and green garden, suitable for year round living in a highly desired area close to local amenities.
Fethiye
Suitable for raising a family in Turkey, this stone built villa is located in a residential area of Izmir and is just a short distance away from the sea – situated within a top complex with on-site social facilities available.
Izmir
These apartments have been fully completed to modern standards and are ready to move in, located in the desirable area of Basaksehir in Istanbul – offered today with 36 month payment plans available meaning you can move in and pay over three years.
Istanbul
Within a short walking distance to the nearest beach and supermarket, this tremendous villa is ideal for those wanting to live in Turkbuku on a permanent basis and is situated within its own private plot with garden and pool.
Bodrum
Available for buyers up to four bedrooms, this tremendous project is found in Zeytinburnu area of Istanbul and offers modern apartments with access to superb social facilities and top views heading out towards the sea.
Istanbul
Title Deeds are in place, making this apartment suitable for those wanting to obtain Turkish Citizenship through means of real estate investment – located within one of the most highly desired projects in the city centre of Istanbul.
Istanbul
Directly at the seafront with access to a private beach and water jetty, these panoramic homes are for sale in the sought after area of Gundogan and form part of a 5-star complex with a full range of social and communal facilities.
Bodrum
Within a few minutes to the famous Bagdat Avenue, these Fikirtepe properties are some of the best that you will find in this area of Istanbul and form part of an excellent complex fully equipped with a range of facilities.
Istanbul
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