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.
Furnished and ready to move in, this one-of-a-kind villa is nestled within a residential area of Dosemealti in Antalya and is highly recommended for viewing as one of our top picks for luxury real estate in Turkey.
Antalya
Built to luxury standards and just 300 metres away from Yalikavak Marina and the seaside, this spectacular villa is nestled within a residential area and has its own private landscaped garden and swimming pool.
Bodrum
Suitable for family living in a quiet area of Istanbul, this Silivri villa has all the makings of a wonderful home at the seaside in Turkey and is just a few minutes away from popular beaches and daily necessities.
Istanbul
Exquisite 5-star residence offering amazing sea views and a quality of life that will have you place amongst the most luxurious homes you will find in this part of Turkey. Fully furnished and complete with a large private swimming pool and self-contained apartment level for guests and family.
Kalkan
Currently tenanted and providing rental income, this is an exceptional investment opportunity within the historical area of Fatih in Istanbul – this building has five apartments and meets the requirements for Turkish Citizenship.
Istanbul
Built to luxury standards throughout, these sea view villas are found within a residential area of Geris in Yalikavak and have their own private swimming pools and landscaped gardens for time spent with loved ones.
Bodrum
Located in the historic peninsula, these luxury sea view homes are some of the most highly anticipated properties to come out of Fatih in recent years and are available in sizes ranging from one – six bedrooms for all types of buyer.
Istanbul
With a breath taking sea view, this fully furnished villa is for sale within a residential area of Yalikavak and is just ten minutes away from the beach on foot – ideal for families and those relocating to Turkey.
Bodrum
With tremendous views of the sea and Bodrum Castle, this fully furnished villa is centrally located and perfect for families moving to Turkey – just a few minutes away from daily amenities and transportation.
Bodrum
Just a short walking distance away from the seaside, these luxury designer villas have all the makings of wonderful family homes in Istanbul and are located in a peaceful area of Beylikduzu close to lifestyle amenities and public transport.
Istanbul
If you are looking for a 5-star property in Antalya, look no further than this exquisite luxury designed home with a spectacular interior and huge gardens ensuring your privacy and exclusivity is attained at all times.
Antalya
This wonderful hotel is located in Cesme area of Turkey and is just 100 metres away from the sea and even closer to local shops and amenities – this is a readymade business for someone looking to move to Turkey in the near future.
Cesme
Prime located apartments for sale in the district of Konyaalti in Antalya, situated just a few metres walking distance from the sea and beaches – these are some of the best homes that you will find in the entire city today.
Antalya
Two buildings located in Balat area of Fatih, offering suite-style rooms for investment and those looking to operate their own Airbnb-style business in Turkey – meeting requirements for Turkish Citizenship.
Istanbul
Full forest and Bosphorus Sea view villa for sale in an elite compound in the highly sought after area of Sariyer in Istanbul – suitable for escaping from the busy city centre to peaceful living to raise a family abroad.
Istanbul
Invest in the central heart of Istanbul when you purchase one of these incredible properties for sale in Nisantasi – forming part of a prestigious complex featuring an on-site shopping mall and access to an Underground.
Istanbul
If you’re looking for 5-star luxury in the centre of Istanbul, these Nisantasi properties are an absolute must see and are found in the heart of the city – within walking distance to some of the best restaurants, cafes, and bars around the centre.
Istanbul
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