Property for sale in Fethiye is your key to year round sunshine, beautiful mountain views, white sands, culture, history. You need me to go on? Fethiye (Telmessos of ancient Lycian civilization, now a district of Mugla on Turkish Aegean), is a hot destination right now and Fethiye real estate is sizzling. This unique and beautifully diverse area is not merely a holiday home destination but a working town and suited to year round living in Turkey.
How much does it cost to buy property for sale in Fethiye?
Property for sale in Fethiye ranges from spacious 3-4 bedroom villas in Ovacik, Fethiye, from around 150,000 Euros overlooking Oludeniz Beach to bargain 2 bedroom apartments in Fethiye Calis Beach near Tlos and Ancient Rock Tombes from around 60,000 Euros. Sea view holiday homes in Fethiye are generally not the rule, where flat land and hilly inland settlements obscure the sea - but that’s ok when you have the beach on your doorstep. Most villas in Fethiye, Turkey, over 120,000 Euros have their own private pool and landscaped garden, whereas apartments and smaller villas in family complexes will generally have a large shared pool and communal landscaped garden.
Is Fethiye real estate a good investment?
As well as being popular as a permanent base, rental Fethiye property is also in high demand as increasing numbers of tourists seek self catering holidays. Rental yields in the area range from 4% - 8%, depending on whether you’re in a high-demand areas like Hisaronu, Ovacik near Oludeniz Beach or in quieter Uzumlu not far from Saklikent Canyon. The increased numbers of buyers are pushing prices up, ensuring property for sale in Fethiye is an extremely favourable investment option. The average price of property for sale in Fethiye has risen from £52,600 in 2001 to £99,500 in 2011. This includes apartments and houses.
Who are the main foreign buyers of holiday homes in Fethiye?
British are the top buyers and 7,500 are now permanent residents. The next highest expat residents are Germans, Dutch and Russians. Germans tend to buy properties in Fethiye centre, while British expats prefer Fethiye houses in the countryside. If you’re looking for a permanent home or a holiday home with the extra advantage of high rental yields and capital gains, look for the town that’s nestled between mountains and sea - look for property in Fethiye, where you can enjoy the quiet Butterfly Valley or stunning Gemiler Beach.
Is Fethiye all about bargain properties and low cost of living?
Low cost of living is a given in Fethiye for sure, however, not all properties fall into the 'bargain holiday homes' category. There are some proper luxury homes around too. Take a look at Sovalye island for example for some stunning luxury villas in Fethiye right at the edge of water with private mooring. You can still buy one of these exceptionally beautiful houses under Euro 1m. The same (not that you would find such idyllic locations anywhere else in the Mediterranean) would easily set you back several million Euros in the south of France or Spain. So, indeed Fethiye is a truly gifted land for real estate investment and lifestyle.
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Fethiye Ovacik
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