Kalkan on Turkey’s Western Mediterranean Coast is a fantastic location for those seeking investment property opportunities – why? Because as a resort it is becoming increasingly popular with the type of British and European holidaymakers who seek villa and apartment rentals rather than the all inclusive hotel deals available elsewhere on Turkey’s Riviera.
The beautiful resort of Kalkan basically attracts a far more discerning type of holidaymaker seeking an idyllic and tranquil retreat meaning that the resort’s integrity is preserved and property for sale in Kalkan, Turkey makes not only a great investment opportunity but also a highly attractive retirement home, second home or even holiday haven choice.
Previously the majority of construction taking place in Kalkan was villas and townhouses…recently with land prices increasing and demand for property for sale in Kalkan intensifying, developers have started to mix apartments and villas on developments that are of appeal to both long term or permanent residents and holiday makers and investors alike.
The appeal of the resort is intense because it has excellent beaches within close range as well as being in the vicinity of tourism attractions and historic sites of interest; furthermore it is an intensely beautiful location and all of these factors combine to make Kalkan one of the most interesting areas of Turkey to examine.
Kalkan for Investors
Investors seeking the shortest period of time to achieve maximum profitability might like to consider apartment buying. This gives them the opportunity to buy off plan and flip for capital gain acquisition or it will offer them the opportunity to buy more property product with their capital meaning that they can rent multiple units out during the summer season and gain the best rental yields possible.
Smaller investors or those hoping to buy a property asset and hold it for the long term with the option of retiring later to the property or using it themselves occasionally for summer holidays or winter getaways could do well to look at villas with pools, good access, decent infrastructure and attractive views. Such properties are most in demand in the summer and rent for the best prices whilst over the long term such properties should attract impressive growth meaning that they can be sold to realise a pension income or sold and the equity used to buy something smaller whilst placing a lump sum in the bank of the vendor for example.
Kalkan for Home Buyers
Kalkan offers such a broad array of property types that those looking for a real home in Turkey can pick and choose from what’s on offer in the greater Kalkan region. You have traditional village homes in need of renovation, you have brand new sprawling villas, attractive townhouses, well appointed apartments, bungalows with sea views and even penthouses with roof terraces. The range of property is not in question and the quality of build in this part of Turkey is on the whole good…having said that, those seeking a home to live in must bear in mind the practicality of the property when it is intensely hot in the summer (think air-conditioning) and draughty and damp in the winter (think central heating!)
All in all Kalkan is one of our favourite resorts in Turkey and anyone looking for one of the best, more attractive and desirable places on the Mediterranean Coast with long term appeal could do well to visit Kalkan.
