Buying property in Kalkan - Page 2

mouse · #11 08-08-2007, 10:06 AM

I am an English estate agent living in Kalkan. It is a beautiful place and although predominately a holiday town still has a good community in the winter months. Like anywhere there are good and bad 'builds' and differing prices for both. There is still immense capital appreciation here with the good properties and very high rental income, of course the less well built and less accessible properties are not doing so well but that is the same all over the world. I do well as I was an agent in the UK for many years previously and people simply want the truth about their purchase, unfortunately this can be hard to get! I live here and do not want to be abused in the street from people I lied to, makes it harder for me to get a sale but worth it in the end on recommendations. I do have a lot of great properties, I have learnt to refuse to sell inferior products! I would say Kalkan is and will be for a long time a good place to buy whether to live in as an investment or as a rental income property.

CH1 · #12 03-10-2007, 08:45 PM

Just noticed this thread.

medseA · #13 24-11-2007, 07:58 PM

I live in Kalkan since 2002 and have been coming here since 1990. Kalkan is rapidly developing, i.e., lots of construction. But compared to Bodrum or Marmaris, it is still quite undeveloped.

However, villa prices in Kalkan are among the highest on the coast. Not too many foreigners but increasing.

Boysinc3 · #14 23-12-2007, 10:33 AM

A word of caution here. Everyone replying here appear to be agents. We have a property in Fethiye and visit Kalkan about 3 times a year and my comments as an owner would be:
- Lovely location
- Still quite a distance from any airport - 2hrs even if driving fast from nearest airport
- Out of season it is dead - even during Easter holidays in UK it is extremely quiet - so rental period is much diminished compared to other areas
- The amount of building at the moment is huge - but some developers are now reducing prices - why would this happen unless there is a glut of property or prices are too inflated?

Finally - if you are thinking of buying now - dont do it just yet as the Turkish Lira is incredibly strong (2.3 Lira to the £ compated to 2.9 this time last year). Lots of my friends are currently doing long term rents until they find the right place.

TH4S · #15 23-12-2007, 07:29 PM

Quote:

Boysinc3 A word of caution here. Everyone replying here appear to be agents.

All Agents and members have the right to use and post on totally property forum,

A word of caution here. is Boysinc3 a Financial Advisor ... ?

Boysinc3 · #16 23-12-2007, 08:14 PM

I wish that I was. That way I might be able to move out to Turkey permanently a little faster. For my sins I work for a large retailer in the UK managing their IT systems. After the last few weeks I need a rest!

I Don't want to upset anyone as I've just joined the Forum - but still stand by my comments.

TH4S · #17 24-12-2007, 12:02 AM

Welcome Boysinc3 you have not upset any one.

All Agents and members have the right to use and post on totally property forum,even if they dont live in Turkiye..

ps swop you 1 Turkish Lira for a few pound..

Turkey Holiday Villas · #18 21-01-2008, 03:53 PM

Kalkan is an attractive town and one of the highlights of many villas is one of the most spectacular views in the world. In terms of investment, from experience Kalkan is not up and coming, rathar has already up and come. The property prices here are very high compared to other areas in Turkey that could be considered much better investment areas. Also one of the problems with Kalkan is the Hills, walking to and from the town from many villas is either not possible or simply not desirable. In addition 2 villa owners specifically with Villas in Kalkan have had problems renting out their villas.