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.
Built to luxury standards throughout, these excellent villas are nestled within a residential area of Aksu in Altintas and have their own pools and gardens for relaxing and spending long days outside with loved ones.
Antalya
This is a special property – this penthouse apartment rises in Umraniye on the Anatolian side of Istanbul and has supreme views over the city and sea. Luxury features include a home gym, cinema room, and winter garden.
Istanbul
Looking out across the Bosphorus Sea with magnificent views, this luxury-built apartment is for sale in the desired Cihangir neighbourhood of Istanbul and is just two minutes walking distance away from the Galata Tower.
Istanbul
Looking out towards the sea from an elevated position, this charming house is for sale within a residential area of Cukurbuk in Gumusluk area and is on the market today as completely furnished and decorated throughout.
Bodrum
Perched on a private hillside in Bodrum, this estate offers a range of luxury villas for sale within walking distance to both the central area as well as the marina. These properties feature a striking interior layout and are well worth the tag of luxury homes.
Bodrum
Available up to five bedrooms in size, this project is ideal for large families that are looking to relocate to Bodrum Peninsula on a year round basis – for more information about life here, please call or contact our local team.
Bodrum
5-star sea view residences for sale in Yalikavak with access to a beautiful private beach and wonderful setting just five minutes away from the Marina – these homes cater towards those looking to achieve a luxury lifestyle in Turkey.
Bodrum
The Boulevard rising within a desired area of Sefakoy in Kucukcekmece, these luxury properties are suitable for family living within a top quality complex in Istanbul – enquire today to arrange your visit at the earliest.
Istanbul
Looking out towards the sea with a full view, these magnificent villas are located in the sought after area of Buyukcekmece in Istanbul and have their own private landscaped gardens and spacious swimming pools outside.
Istanbul
Suitable for year round luxury living, this designer villa is found in a quiet area of Ovacik in Fethiye and offers an abundance of privacy for those looking to escape to Turkey surrounded by nature and green views aplenty.
Fethiye
This panoramic sea view designer property is found in Kalkan and is on the market today as completely furnished and ready to move in immediately – situated just ten minutes walking distance away from the town centre and amenities.
Kalkan
Looking out across the sea with panoramic views, these luxury-designed apartments are found in Uskudar on the Anatolian side of Istanbul and form part of a superb development equipped with social facilities.
Istanbul
Built to luxury standards throughout, this private home is nestled within a peaceful area of Alacati and has a tremendous view out towards the sea – on the market today as fully furnished and ready to move in.
Alacati
Located within a prime area of Kas, these spectacular villas have their own private infinity swimming pools and are highly recommended for viewing – enquire today to arrange a visit at the earliest convenience.
Kas
This private beach apartment is located within a residential area of Yalikavak in Bodrum and has three bedrooms for a family to live together in Turkey – just a few minutes away from daily amenities and the centre.
Bodrum
This is an opportunity to purchase an enormous plot of land in Fethiye with room for building up to 25 detached villas within, ideal for someone looking for a construction project with huge return on investment possibilities not to be missed.
Fethiye
Not only is this huge property set within a large plot ensuring total privacy and an exclusive lifestyle, but you will also find a separate guest house on the grounds, giving you the perfect chance to invite friends and family over to visit, or perhaps even rent the unit out to tourists.
Fethiye
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