Where is the Best Place to Retire in Turkey?
If you are wondering where the best place to retire in Turkey is, get ready for an avalanche of choices. Indeed, you can choose your retirement location based on lifestyle preferences and budget, instead of having to settle for less. Whether relying on a private pension or withdrawal rates on high interest savings account, many retirees live all along the Aegean and Mediterranean coast, but a few non-working expats prefer Istanbul.
Some retire early after dreaming of living abroad, while others delay their age of retirement and live off their government pension. One guaranteed aspect is that all retirees have a decent lifestyle thanks to a low cost of living, and lucrative exchange rate. The amount of money needed will vary depending on where you choose to live, so look at our cost of living article to gain a better idea. In this article, we look at the perfect places in Turkey for your retirement years.
Where is the Best Place to Retire in Turkey?
1: Fethiye Region
If affordability is a key factor, consider the Fethiye region, which means you can live along the coast. The small-town centre, as well as resorts of Hisaronu, Ovacik, and Calis Beach all have sizeable expat populations. What mainly attracts retirees is the bargain prices per square meter for apartments and villas. However, stunning landscape scenery, an abundance of sunshine, as well as that Mediterranean lifestyle is also a big lure. The Fethiye region thrives on fresh fruit and vegetables, hence the weekly market is a core theme and helps your monetary allowance to stretch further. Otherwise, expect a huge range of things to do and excursions for your free time.
2: Kalkan for Luxury Retirement
When looking at where to retire, if luxury is at the top of your checklist, consider Kalkan. Sitting on the outskirts of the Antalya region, this place commands respect for its large, luxury villas, most of which open to stunning Mediterranean Sea view. Albeit the cost of dining out and drinking in Kalkan is higher than other places, but the town’s foodie reputation revolves around exclusivity. Ortalaan, often called the new part of town, is within walkable distance to the historical old town, where most restaurants and bars are. Given Kalkan’s steep hills covering the side of a bay, many people use taxis or cars to get around. Otherwise, they often choose the Kalamar neighbourhood that is known for exclusive beach clubs.
3: Places in Izmir
Before Turkey modernised itself at the turn of the century, Izmir was the most westernised place in the country. Known for its liberal policies and laidback lifestyle, the area consists of the city centre, (Turkey’s third largest city) and smaller coastal resorts. Alacati and Cesme, probably the most famous, have been a firm summer destination for wealthy Turks over the years. Alacati, a windsurfing mecca, also earns fame because of its old stone cottages. These days, many of them command high prices but if a traditional cottage is your ideal place to retire to, choose the newer versions with replicated architecture styles.
4: Bursa in North West Turkey
European expats tend to stick to the Aegean and Mediterranean, but anyone retiring from a Middle Eastern destination will live comfortably in Bursa where they will find much similarities in the culture, food, and tradition. Some years back, Bursa rarely featured on the foreign property market, yet new developments into real estate and infrastructure now bring in buyers from near and far. Boasting of UNESCO World Heritage sites, Bursa also has an extra bonus that many other places do not. It is home to Uludag mountain which in winter is a skiing haven, and in summer, a stunning place of natural beauty.
5: Rustic Dalyan
Sitting within the Mugla region, Dalyan is a fantastic place for retirees looking to get back in touch with nature. Every day, buses arrive from surrounding holiday resorts to enjoy the mud baths, view of the Lycian rock tombs and a boat cruise up the reed lined Dalyan delta. Dalyan also offers exceptionally good prices per square meter for property and those who want total privacy should consider the Akyaka lake region. Moving to Dalyan means forgoing modern trends like large shopping malls, but in return you get peace and quiet in among Mother Nature’s playground.
6: Lively Alanya
Appealing Alanya belongs to the Antalya coastal region, but in recent years has grown to become a worthy destination on its own. The local council, having invested thousands in its tourism market, has seen a knock-on effect with the growing number of house buyers. What does Alanya have to offer potential expats? Well, just about everything including decent nightlife, shopping, activities and of course Cleopatra’s beach, that Trip Advisor ranked as Turkey’s best. Budget buyers should look at the Mahmutlar neighbourhood while those with a higher budget often opt for the city centre.
7: Antalya City Centre
Welcome to what is one of Turkey’s top cities. Antalya’s reputation as a tourism mecca for hundreds of nationalities has also attracted many expats to relocate there. The council just keep reinvesting to keep visitors’ stats up of which last year, nearly clocked into the 15 million figures. Beautiful beaches include Lara beach and Konyaalti, two popular neighbourhoods, although there are many others to choose from. Also expect the best shopping, eating out and nightlife scene on the Mediterranean. Part of the lure for Antalya is hot summers and cool winters.
8: Glitzy Yalikavak
If sailing and a luxury lifestyle is what you seek, consider living on the coast in affluent Yalikavak. Sitting over on Turkey’s Aegean coast on the Bodrum peninsula, such is Yalikavak’s fame, it attracts American celebrities, Russian billionaires, and Saudi royalty looking for quality of living. Mega yachts often dock in, and the owners enjoy top notch dining in five-star restaurants along the marina. Of course, Yalikavak has not neglected its cultural heritage and the old part of town still stands. This is where Turkish vibes exist on every street.
9: Nostalgic Gumusluk
We also recommend you look for your retirement home in Gumusluk. It carries with it a sense of nostalgia and seems stuck in time. In stark contrast to busy places in Turkey, Gumusluk does nothing fast. Evenings is about beach BBQs or dining in the famous seafood restaurants, while daytimes are spent lounging about the pool. Many people living in Gumusluk own a car simply because there is a bigger choice of shops and malls in Bodrum town centre, but otherwise they love the slow pace at which things move, and of course that amazing sunset.
The above is just a snippet of affordable places to live for retirees. If you want to buy property with the aim of relocating out here, contact us today. As property and investment experts, we helped hundreds of retirees move to Turkey and settle in with ease and finesse. Otherwise the following articles will also be of use.
Residency Permits: Once you have decided on the best place to retire in Turkey and found a home, the next step will be getting your residency permit. This article explains what preparations to do before hand and how to apply for one.
Mediterranean Turkey: The country breaks down into seven geographical regions of which the Mediterranean is one of the most popular. Reasons vary but the weather climate and long sandy beaches are a top lure. We look at major districts of Med Turkey and what to expect when you arrive.