Baywatch on the beautiful Turquoise Coast of Turkey

Baywatch on the beautiful Turquoise Coast of Turkey

With good flights, high-quality new-builds and a non-euro currency, Turkey's star is rising says Cathy Hawker
Excitement is building for the release of the latest James Bond film, Skyfall, in October where, alongside Daniel Craig and Helen McCrory, Turkey will have a starring role.

Right now, the country can claim to be a good-news story for overseas property buyers. Turkey is outside the eurozone with a fast-growing economy, flight access is improving, visitor numbers have soared since 2000 and property prices have seemed increasingly good value.

Kalkan's horseshoe-shaped bay and steep hills provide scenic panoramas
© Alamy
Kalkan's horseshoe-shaped bay and steep hills provide scenic panoramas

The Turquoise Coast, which curves around the coves and bays of southwest Turkey, is where most buyers head, focusing on marinas and a buzzy if largely unsophisticated nightlife. Resorts on the Mediterranean Sea enjoy the longest summer season and while some areas have seen a building frenzy in the past five years, developments in the best locations are lowlevel and well-landscaped.

Deska Diane Residence at Calis Beach near Fethiye with communal pool
From £95,000: Deska Diane Residence, two- and three-bedroom apartments at Calis Beach near Fethiye with communal pool, gym, restaurant and shop. Through Cluttons Resorts
FETHIYE: 45 MINUTES FROM DALAMAN AIRPORT
With a much-loved fish market, plenty of affordable, good-quality restaurants and four modern marinas, Fethiye has a loyal and international fanbase. It's big enough to provide the loud and gaudy English bars of Hisaronu as well as the altogether quieter rural pleasures of Uzumlu and the dazzling lagoon at Oludeniz, all within 50 minutes of Dalaman's impressive new airport.

"Seventy per cent of buyers in Fethiye come for the strong rental returns with £7,000 to £13,000 the average annual rental locally," says Aykut Kilinc of Place Overseas. "To maximise returns I suggest a four-bedroom villa close to amenities. Moorings and living costs in Fethiye are cheaper than in Göcek, another reason why people are moving here."

Well-located two-or three-bedroom apartments start from £95,000 with a four-bedroom villa and pool costing £175,000. Place Overseas is marketing off-plan three-bedroom villas of 205sq m at Calis Beach for £150,000, and villas at Ovacik, 10 minutes from the sandy beach at Oludeniz, from £180,000. Completed two-bedroom apartments at Calis Beach, three miles from Fethiye, start at £95,000 through Cluttons Resorts.

CLASSY KALKAN: TWO HOURS FROM DALAMAN
It's all about the views in Kalkan, where the horseshoe-shaped bay and steep hills provide scenic panoramas.

 new villas overlooking Kalamar Bay
From £105,000: high above Kalkan is LaVanta, new two- and three-bedroom villas overlooking Kalamar Bay. Through mediterraresorts.com
This is the classier side of Turkey, far enough from Dalaman airport two hours to deter many visitors, popular with high-end tour companies and stuffed with small jewellery and clothes boutiques in narrow lanes leading down to the harbour.

It's also overwhelmingly British, with 95 per cent of international owners from the UK, according to Bridget Karaaslan of Black Lion Property. "The Turkish coast has plenty of good places but Kalkan retains its friendly village atmosphere, even though it has become more developed," she says.

It is easily possible to achieve 16 weeks' rental in Kalkan, says Karaaslan, but only if you choose carefully, buying a good quality property. Twobedroom duplex apartments close to the town centre from £95,000 at Elvina could achieve three to four per cent net returns, with villas from £220,000 realising four to six per cent.

Place Overseas has four-bedroom detached villas from £429,000 in Ortaalan area and two-bedroom apartments in the centre from £65,000. Respected builders such as Aykan, Sade Construction and Samira Group are raising build quality in Kalkan and, while resale properties have fallen in value, high land values have pushed up new-build prices.

Andrew Lever, 58, from Shrewsbury bought a modern four-bedroom villa in Kalkan last May through Place Overseas, paying £550,000 for what he says is "one of the best views in the Mediterranean".

A contemporary five-bedroom villa overlooking Kalkan and Kalamar Bays
£540,000: a contemporary five-bedroom villa overlooking Kalkan and Kalamar Bays with exceptional views of the Mediterranean. For sale through Place Overseas
The house is already fully booked for summer rentals at up to £3,000 a week.

"I've been coming to Kalkan for 25 years and it hasn't sold its soul yet by selling beer for £1," he says. "By keeping prices a little higher it's remained exclusive.

There are fabulous restaurants here like Jeronda and Coast, but also good kebab bars like Hunker. Kalkan reminds me of how Turkey used to be. You can hear the call to prayer over a coffee and baklava in the town."

Contacts
Place Overseas: 020 8371 0059; propertyturkeyforsale.com
Cluttons Resorts: 020 7584 3050; cluttonsresorts.com

BUYING IN TURKEY
Allow between seven and 10 per cent for buying costs in Turkey including stamp duty of 3.3 per cent, notary and legal fees and military application forms.

All property purchases must be approved by the defence ministry a formality to ensure homes are not built on military land, applying mainly in rural areas. Buyers should always purchase through a reputable company and use a bilingual independent lawyer.

Image gallery: the average cost of renting in every London borough

 
 

Property Search

What is your home worth?

Follow us on Twitter

HOMES & PROPERTY SHOP