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.
One of the largest plots that you will find on Sovalye, this is an incredible opportunity to build a beautiful home with private access to the sea and mooring facilities ideal for a boat lover seeking to explore the seas surrounding Turkey.
Fethiye
Within a small complex, these private bungalow style villas are designed to the highest quality and found in the sought after area of Konacik – just five minutes away from shopping malls, supermarkets, and all amenities.
Bodrum
Just 100 metres away from the seafront, and boasting wonderful views, this is an exceptional investment opportunity for someone to purchase a large plot of land in Silivri. There is room for the buyer to construct up to six luxury houses here.
Istanbul
Invest in a rare plot of land for sale on Sovalye Island; enjoying magnificent sea views towards Calis and Red Islands – a wonderful opportunity that should not be missed, there is room to build a four bedroom villa within the land.
Fethiye
Apartment building suitable for investment in the residential area of Gursu in Konyaalti, just a short 500 metre walking distance from the famous beaches and within close proximity to all daily amenities and lifestyle shops.
Antalya
This is one for the serious investors out there with money to spend on a once in a lifetime opportunity in Turkey. Up coming area, could build anything here – boutique hotel for example would make for a perfect long term project that would pay off handsomely, or a set of luxury villas or even one huge luxury mansion.
Bodrum
Within walking distance to the seafront are these prestigious apartments in Atakoy, just minutes away from the famous marina and Galleria Mall – an excellent spot for upper class elite living amongst the wealthy of Istanbul.
Istanbul
Located in what is commonly known as one of the top districts in all of Istanbul, these prestigious homes offer a contemporary lifestyle with excellent facilities and an intelligent look at architectural design pushing the boundaries of modern building quality.
Istanbul
Property Turkey is pleased to offer a range of spectacular land plots located within the gem of Istanbul – Gurpinar. Just moments away from the sea, the plots offer more than 2,500m2 land and are close to transport facilities and local amenities.
Istanbul
At the absolute seafront is this incredible land for sale in Karaincir Beach in Akyarlar, complete with 30% building permission in place for tourism operations – allowing an investor to construct a luxury hotel or resort.
Bodrum
Close to the antique Pedasa City in Konacik, this huge plot of land has ample room to build a dream home in the Bodrum peninsula of Turkey and is just a few minutes driving distance away from amenities and necessities.
Bodrum
Invest in an entire apartment building when you purchase this block of flats for sale in the prime area of Konyaalti in the city of Antalya – all just moments away from amenities and public transportation for moving around.
Antalya
A design concept that is state of the art and simply mind blowing is this one of a kind system found in Yalikavak designed to blend in with the natural surroundings and offer you the chance to feel at one with the landscape in a unique concept and beautifully structured project.
Bodrum
Huge land opportunity in the heart of Ortakent, with housing and commercial zoning, this plot has an abundance of potential for the buyer – contact us today to discuss land plots and other luxury opportunities that we currently have available in Bodrum.
Bodrum
Hotel apartments awarded a certificate by Tripadvisor for high quality in the sought after area of Bitez just 300 metres away from the nearest beach area. This is an excellent investment opportunity to purchase a business with a long history of success.
Bodrum
Do not miss out on this charming hotel for sale in Kemer, located just 200 metres walking distance away from the nearest popular beach and on the market as completely furnished – ideal for investment with a Freehold Deed.
Kemer
At the frontline to the beach is this expansive plot of land for sale offering 21,000m2 of land along with build permission of 30%. This is an incredible opportunity for an investor to construct something of significance in Turkey.
Bodrum
One of the best seafront plots that we have ever come across is this luxury huge sized land found in Bodrum within easy distance to the marina and offering perfect sea views forever. A lot of potential to build a spectacular home or hotel here. Call us today to discuss possibilities.
Bodrum
With a full hotel license in place, this boutique hotel offers 21 rooms and a year round occupancy rate of around 80%, making this an interesting investment for someone looking to get a foothold on the ever growing hotel business in Istanbul. Well located in the Old City with spectacular views.
Istanbul
The hotel is located in one of the prime areas of Kas, Turkey. Bookings and occupancy in the hotel will be high for the whole year, maximising profit and ensuring that the hotel is a good business to run for those looking to invest.
Kas
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