Where to Buy Property in Turkey
Where to Buy Property in Turkey: The majority of lifestyle purchasers flock to Turkey’s southwest coast, south of Izmir, where the Aegean joins the Mediterranean and flows east to Alanya. Although the Cesme peninsula has several wonderful, historic coastal towns that attract weekend visitors from Izmir, 50 kilometers away, this location, as well as inexpensive and cheerful Kusadasi, has lost favor with the British market as other areas have evolved more enticingly.
Nearby Didim, a thriving Turkish town that has seen a slew of new investment, including a new marina and town square, is one of these sites. Both it and the nearby beach village of Altinkum have long attracted British purchasers looking for a holiday house under £50,000. You could purchase an apartment in these neighborhoods for roughly £20,000 five years ago; now, a resale will set you back £35,000 or more. Do your research and don’t buy on price alone.
There are also marina and golf course properties available, as well as villas starting at around £90,000. Nearby, Akbuk is a relatively green and calm, but rapidly developing resort. The price of a detached property starts at roughly £130,000.
Where to Buy Property in Turkey: Kalkan and Kas
Kalkan and Kas are both upscale resorts built around bohemian old towns with picturesque harbors. The majority of buyers are older, wealthier, and seeking a more authentic Turkish experience. Apartments are more expensive than Fethiye (but still start at just £50,000) while villas can hit a million. After a fire in 2014 devastated a big portion of the harbour, Kalkan has recently improved.
It’s still an excellent spot to rent a home, especially if you have one of the newer, more traditional Kalkan contemporary design houses with an infinity pool and panoramic views of the bay — expect to pay over £400,000 for one. Deals are more likely to be found in the £200,000 to £300,000 price range, which includes high-end apartments and resale villas.
East towards Antalya
Side, located further west, is less expensive than Kalkan and boasts a diverse collection of ancient ruins as well as quick access (35 minutes) to the golfing capital of Belek. One-bedroom apartments start at roughly £45,000, two-bedroom flats at around £60,000, duplexes at around £90,000, and villas at around £150,000.
A golf villa in Belek, the purpose-built resort and Europe’s fastest-growing golf destination with 14 golf courses, six of which are championship-level, costs £100,000, but if you travel a little further away from the greens, a modest home costs £50,000.
Antalya is located further east, around a headland, and benefits from year-round direct flights to the UK from its airport as well as a slightly warmer temperature, although it, like Alanya, does not draw as many British purchasers as the Fethiye/Bodrum/Kalkan areas. Flights to Gazipasa airport are slowly rising in this region, primarily from Scandinavian carriers.
The unspoiled neighborhood of Dalyan, where you can obtain an apartment for roughly £40,000 or a three-bed detached home with a pool for £150,000, is the next major buying location. Beyond there is Fethiye, a city and neighborhood popular with British purchasers due to its proximity to Calis, Ovacik, and Hisaronu. Calis Beach, a flat location behind the sweeping bay, is popular with retirees who may purchase an apartment for under £50,000.
The area is well known for Oludeniz, one of the world’s most photographed beaches, but outside of this protected length, studio flats start at £35,000 and top quality villas with private pools start at £140,000. Apartments start at £50,000 in Ovacik, where there is a new shopping complex and aquapark, while villas start at roughly £100,000.
The wine-growing hamlet of Uzumlu, 15 kilometers inland from Fethiye, appeals to those looking for a more authentic Turkish experience away from the bars and nightclubs. The hamlet itself is charming, with cobblestone streets and Ottoman-style houses, and a wide range of isolated three-bed villas for around £100,000 can be found in the green valley around it, which is backed by snow-capped mountains in the winter.
Fashionable Bodrum is unquestionably the highlight of this stretch of shore, and a luxury hotspot that has long been popular with wealthy Turks – it has recently added several new five-star hotels, and Kate Moss and Sadie Frost vacationed there in 2015.
It’s a combination of package resorts, small fishing villages, and sophisticated marina towns that stretch for 25 kilometers. Some sections are significantly more Turkish than others; for example, Turkbuku is an exclusive enclave popular with rich people, whereas Yalikavik has transformed from a similar location into a cosmopolitan resort that attracts celebrities such as Jade Jagger and Cristiano Ronaldo.
Even this trendy resort has something for every price — a penthouse apartment starts at roughly £90,000, while a compact villa can be had for just over £150,000, but for quality and sea views, you’ll need to spend between £150,000 and 200,000. In the hills above the harbor, starchitect houses sell for several million dollars.
Gumbet and Gulluk, as well as Bodrum town itself, where you can get an apartment for less than £50,000, are more cheap on the peninsula, but all of the resorts are easily accessible from Bodrum‘s refurbished international airport. On the road east to Fethiye, you’ll pass via Marmaris, a popular retirement destination with tiny villas starting at £80,000. Apartments start at £55,000 (resale) and go up to £80,000 (new).