In recent months the Turkish Mediterranean town of Fethiye has been gaining ground in terms of interest from both those seeking a property in Turkey and those looking for a good destination to base themselves in for an exploration of the ‘real’ Turkey.
As a result property for sale in Fethiye Turkey is more in demand than ever before and this is having a positive effect on prices meaning that if you want to bag yourself a bargain in the attractive town you will need to move fast! This is an introduction to Fethiye and the current state of its property market for interested investors.
Fethiye is a working town, it is much more than just another Mediterranean resort and when you visit for the first time you will appreciate how easy it could be to live in such a location. You have all the facilities and amenities of a big town such as supermarkets and sophisticated shopping, good school choices and health care options – and at the same time you have the stunning Mediterranean and mountain views that make Fethiye one in a long line of stunning Turkish towns.
Within easy drive, sail or walk from the town of Fethiye you can visit all sorts of tourism type attractions such as Calis or Oludeniz beaches, the tombs in the mountains high above the town and the deserted and haunting village of Kayakoy meaning that you can reside in a functional town that has good employment and lifestyle options whilst having all the delights of a holiday and tourism hotspot on your doorstep.
In terms of a Fethiye property market overview and a look at the types of property for sale in Fethiye itself, the market is definitely dominated by apartments and for the discerning buyer seeking the best properties and the best views then the district of Karagozler to the west of the town centre is one of the most attractive because of its architecture and more importantly its views over the bay. Also in this district one can find villas for sale as well as nicely appointed modern apartments. We recently came across a development of semi-detached villas for sale for GBP 119,000 but this is very cheap for the area and normally one can expect to be looking to pay GBP 150,000 at least for a three bedroom detached home in this area.
Apartments are available for sale across the town with many being bought off plan…a quick overview of the market reveals that prices have risen from between GBP 40,000 and 60,000 at the end of 2005 to between GBP 50,000 and 70,000 to date – proving that the market is moving up and investors keen not to be left behind should take a trip to Fethiye and get a feel for the location, a feel for the types of property available and a feel for the market they will be trying to attract with their property – they can then make informed investment decisions.
To get to Fethiye fly to Dalaman and get a bus transfer which takes a little over an hour or hire a car and self-drive and you can do it in about 45 minutes. There are many hotels in and around Fethiye and at this time of the year, out of season it is easy to find somewhere to stay. Anyone considering going to Fethiye for a look around between April and September will need to book accommodation well in advance though because this town is popular with international and local Turkish visitors…a negative if you can’t find somewhere to stay but a definite positive for an investor looking for customers!
