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.
Looking out towards the sea with panoramic views stretching endlessly, this world class villa forms part of an elite project within Yalikavak area of Bodrum and is just minutes away from the sea with access to a beach.
Bodrum
Designed to elite standards and surrounded by nature at every corner, these completely private villas are located in Arnavutkoy and are just 30 minutes away from the city centre of Istanbul for commuting and raising a family in Turkey.
Istanbul
Constructed by one of the top developers in the peninsula, this project is built in partnership with a worldwide famous hotel chain in Turkey and is situated just metres away from a private sandy beach and bay.
Bodrum
A three bedroom villa in Istanbul well located offering a great option for those seeking peaceful districts to live in, yet with good access to historic districts. A great price for a home of this quality and one that should be take seriously by those looking to purchase in the near future.
Istanbul
Designed to luxury standards and located in the centre of Istanbul, this Cihangir apartment is found in a boutique building close to shops, restaurants, and bookstores and is just moments away from Taksim Square and Istiklal Avenue.
Istanbul
You will struggle to find a better property in Faralya than this outstanding five bedroom deluxe villa shrouded in privacy with panoramic sea views from all levels and a spacious garden with large infinity swimming pool to enjoy.
Fethiye
These 5-star properties are located at the beachfront in Turkbuku and provide access to a sandy beach and wealth of on-site social communal areas for a luxury lifestyle in Turkey – choose from apartments and villas available.
Bodrum
Located on the marina side of Kas, the home has access to a shared jetty and sea platform – perfect for sea lovers or people who own boats or yachts. The marina itself is only a few minutes away and is one of the best along the coastline.
Kas
Built using locally sourced stone of the highest quality is this charming detached villa for sale in the Kas Peninsula of Turkey - overlooking the sea with wonderful views form a private garden and swimming pool to enjoy.
Kas
Looking out towards Buyukcekmece Lake with fantastic views, these spacious villas are nestled within an elite neighbourhood in Istanbul and enjoy their own private landscaped gardens and stunning swimming pools.
Istanbul
With panoramic views of the sea, this luxury-designed villa is on the market today as completely furnished and decorated in Yalikavak area of Bodrum and is just ten minutes walking distance away from the Marina.
Bodrum
With panoramic views of the sea from infinity swimming pools, these luxury villas are for sale in Yalikavak area of Bodrum Peninsula and are perfect for families and those looking to move to Turkey permanently.
Bodrum
Completely furnished and ready to move in, this tremendous stone built mansion is for sale in a residential area of Dalyan and is a must see property – you will not find many homes better in the Dalyan region than this one.
Dalyan
Located in the city centre of Istanbul, this commercial property has been tenanted for the last 25 years by a national bank in Turkey and has a ten-year lease remaining for those looking to invest and seeking rental income.
Istanbul
An opportunity not to miss out on, this project offers luxury-designed U Houses in Istanbul within the sought after area of Zekeriyakoy and has glass facades bringing the swimming pools and gardens directly inside.
Istanbul
Combining all four elements of life is this project of 23 detached and semi-detached villas in the hills of Yalikavak in private settings, setting the standards of real estate for years to come. The developers have achieved one of a kind project blending into natural settings for pure satisfaction.
Bodrum
Located at the seafront in Istanbul, these Zeytinburnu villas form part of an Ottoman Palace with access to a full range of social facilities and on-site areas including a stone square with restaurants and daily shops to enjoy.
Istanbul
Stone built private mansions for sale at Demirbuku Bay in Bodrum, just a few metres away from a 1.5km shoreline and beach for relaxing at the seaside or sailing some of the best sailing routes in the peninsula.
Bodrum
For sale at the beachfront in Turkey, this luxury property is found in Bozbuk area of Bodrum and has tremendous views of the natural surroundings – suitable for families and those looking to apply for Citizenship.
Bodrum
Looking out towards the Bosporus Sea with tremendous views from balconies, this stunning Mansion is for sale within the Sariyer area of Istanbul and forms part of an exclusive estate with on-site facilities for residents.
Istanbul
Located in Sultanahmet area of Istanbul, this boutique hotel has all the makings of a superb investment in Turkish real estate for someone looking to purchase a readymade business within walking distance to historical landmarks.
Istanbul
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