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 at the seafront in Yalikavak, these luxury homes have access to a private beach platform and a dock for mooring a large boat during the summer, forming part of an elite project with each and every property overlooking the sea.
Bodrum
Built to luxury standards throughout, this charming home is nestled within a residential area of Yalikavak and is just a few minutes from the beach – ideal for those looking to relocate with family and loved ones.
Bodrum
This detached villa is for sale in Kiziltas area of Kalkan and is on the market as completely furnished and decorated – ideal for a family to live together in Turkey with a private swimming pool outside and inside.
Kalkan
200 metres away from the nearest Metro connecting towards the city centre and Istanbul Airport are these fantastic apartments and villas in Kagithane – enquire today to reserve yours at the best possible price.
Istanbul
Built to luxury standards, this villa was recently completed and is located within the residential area of Gurpinar within the area of Beylikduzu in Istanbul – suitable for those who are looking to obtain a Turkish Passport.
Istanbul
Suitable for investors seeking high rental income all through the year, these modern homes are for sale in Beyoglu area of Istanbul and are just a short walk away from landmarks including Taksim Square and Galata Tower.
Istanbul
This is a rare opportunity to purchase two sea view apartments in the very centre of Kas, just a short walk away from town amenities and daily necessities. Both residences have space inside for families to live together on a permanent basis.
Kas
Just a couple of minutes away from Yalikavak Marina are these unique residences for sale within one of the very best projects in the entire peninsula – this is a golden opportunity and one not to miss out on.
Bodrum
Within ten minutes to the nearest beach, this fantastic hotel is located in Kemer region of Antalya and is for sale as completely furnished – ready for new investors with a long history of profit and high occupancy rates attached.
Kemer
Beautiful furnished villa for sale in Kemer set within a huge garden plot with lots of privacy ensured for those seeking an exclusive lifestyle in beautiful settings. Ready immediately, the home features a stunning interior design and one that would not need any changes - wonderful.
Kemer
Built to luxury standards throughout, this detached villa is nestled within a residential area of Calis and is on the market as fully furnished and ready for a family to move in as soon as the purchase has been finalised.
Fethiye
This private villa is for sale in Kalkan and has a tremendous view heading out towards the sea and natural surroundings from attached balconies and terraces – on the market today as fully furnished and decorated.
Kalkan
Constructed to 5-star standards and designed with family living in mind, these mesmerising properties are found in Kucukbuk area of Gundogan and are just a few moments away from the seaside and daily amenities.
Bodrum
Looking out across the sea and beach with tremendous views, these high quality homes are for sale in Kizilburun area of Gundogan in Bodrum and form part of a 5-star development fully equipped with social facilities.
Bodrum
Title Deed ready and completed for buyers to move in today, these apartments rise within the central heart of Istanbul in Cihangir area of Beyoglu and are just minutes away from everything needed on a daily basis.
Istanbul
These are luxury apartments for sale in the heart of Istanbul in the sought after Mecidiyekoy area of Sisli available in sizes ranging from one – four bedrooms with multiple different types for buyers to choose from.
Istanbul
These world class properties are nestled just a few metres away from a private Blue Flag beach within one of the most anticipated projects in Bodrum today – located in the sought after area of Kizilburun in Gundogan.
Bodrum
Title Deed ready and suitable for Citizenship by Investment, these properties are for sale within the residential area of Sariyer in Istanbul, forming part of a high quality complex with a vast range of on-site amenities.
Istanbul
Furnished and ready to move in, this spacious villa is for sale in Yalikavak area of Bodrum and is just five minutes away from the famous Marina for endless sailing opportunities through the most picturesque of sailing routes.
Bodrum
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