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.
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.
Gocek
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.
Bodrum
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.
Fethiye
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.
Fethiye
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.
Fethiye
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.
Istanbul
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.
Fethiye
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.
Bodrum
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.
Bodrum
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
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
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
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
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
Forming part of a luxury-designed project with shared swimming pool and lounge to enjoy, these apartments are for sale in central Besiktas in Istanbul and have views heading out towards the sea and city landscape.
Istanbul
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
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 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
Invest in a countryside house with so much charm and authenticity you will instantly fall in love with the historic look and appeal of this cottage. Perhaps used as a retirement spot in tranquil and natural surroundings in a small village just 7km away from Bodrum.
Bodrum
Built to top standards by a sought after developer in Bodrum, this complex has a swimming pool and offers social facilities for residents to use on a daily basis – located in a sought after area of Yalikavak Centre.
Bodrum
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
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