Posted on 24 March 2017
Sustained exchange rate movement during the past year has made Turkey’s property market especially attractive to buyers with funds in Euros and Dollars, said Spot Blue International Property in March 2017, adding that vendors from the UK could offer some of the best deals right now.
British-owned holiday homes being sold with a Sterling price-tag have got considerably cheaper to buyers from Europe and the USA, or anyone purchasing with Euros or Dollars. This is thanks to Sterling’s drop in value against key global currencies. Many of these properties are in prime locations in popular Turkish resorts, adding to their appeal.
“One custom-designed villa we have in the Fethiye area springs to mind as especially good value,” said Julian Walker, director at Spot Blue International Property. “The British owner, who has a target Sterling price he wishes to achieve, bought the 1,000-square-metre plot from us in 2009 and employed an award-winning Turkish architect to design his 220-square-metre villa, which was completed in 2010. There are few properties like it in the local Calis area, where plots in prime locations are increasingly hard to find.”
Built to a high spec with all mod cons throughout, highlights of the Calis villa include its five large en-suite bedrooms – four with balconies, and spacious open-plan living area with central burner, gallery windows and lots of natural light. The property’s front garden sets it back from the road and to the rear of the garden is a large pool, complemented by plenty of outdoor living space, including BBQ, bar and large covered terrace.
“We had it built because we couldn’t find any existing properties in Calis that we liked,” said owner David Barber from Londonderry. “It’s just ten minutes’ walk from the beachfront, with its restaurants and shops, yet in a private spot in a quiet residential area. Unlike other hillier parts of Fethiye, Calis is very flat and enjoys a cooling breeze. So, it’s manageable walking everywhere from the villa, and I also enjoy cycling. That said, the local Dolmus bus stops right outside and takes you to Fethiye town-centre for around 50p!”
Historically cheaper than other parts of Fethiye, a reducing number of plots in prime positions, such as Mr Barber’s, are putting upward pressure on prices in Calis. Infrastructure upgrades that soon could see the two beachfront promenades of Fethiye and Calis joining together is also helping to drive value there. Calis’s location just 50 minutes from Dalaman Airport, 15 minutes from the centre of Fethiye, 25 minutes from the famous Ölüdeniz lagoon and 30 minutes from the upmarket marina resort of Göcek add to its international appeal.
Added Mr Barber: “While we typically spend days relaxing by the pool and evenings on the beachfront when we’re there, having all these places nearby makes for fun days out too. Not forgetting the colourful Sunday market in Calis.”
Mr Barber and wife Barbara have enjoyed family holidays at the villa, but with their two adult children no longer based at home, they have decided to sell. Their property is on the market through Spot Blue International Property for £425,000. For more information, click here.