Kalkan, a picture postcard perfect luxury resort town nestled into cliffs of Turkey’s south western Mediterranean, boasts one of the strongest holiday-letting markets of the country, indeed, the entire Mediterranean coast. And this is not by luck or chance. Many factors contribute to Kalkan being a highly desirable destination for holiday makers, and thus, a lucrative choice for the astute investor.
What is it about Kalkan that makes it such an appealing place to invest? Well, it’s because the town is the perfect place in which to holiday. It’s an idyllic paradise, an eclectic mix of the old and the new, the sophisticated and the charming. You can watch small fishing boats and million-dollar yachts go in and out of the old harbour while sipping a Turkish coffee at a lovely café or dining on scrumptious seafood at an alfresco waterside restaurant. You can stroll the cobbled streets of the old town and browse in the chic boutiques and shops of the old Ottoman buildings, be tempted by one of over 100 restaurants offering local and international cuisines, laze the day away on a sunbed under an umbrella on one of the gorgeous nearby beaches and by night, sip cocktails in trendy bars or dance the night away in sophisticated clubs. Whatever the idea of the perfect holiday is, it can be found here in Kalkan. And what is it that these discerning holiday makers also require? The perfect holiday accommodation.
Whether it be luxury villas to rent in Kalkan or the opulent Kalkan seaview villas, there are properties to suit at extremely competitive prices when compared to similar style properties in other Mediterranean countries. The demand for holiday homes has seen developers investing big, and the opportunities for buyers to purchase a Kalkan investment property are enormous. Developers are looking for a return on their investment and, add to this the strength of foreign currencies against the Turkish Lira, it is a perfect time to seriously think about putting those investment portfolio ideas into action.
Another reason why this gem of a coastal town is so attractive to investors in the holiday letting market is its ideal location. Set between the beautiful resort towns of Kas and Fethiye, access to Kalkan is easy, with frequent buses from either direction yet, it is just far enough away that it remains a more selective holiday destination and avoids that mass tourism headache of package deal holidays. Also, flights into Dalaman Airport from international destinations mean just a 90 -minute journey to get there.
Of course, the weather is a big attraction on the Mediterranean and great for holiday rentals. Long hot summers and quite mild winters mean that property owners can receive high property rental yields in the region of 8% to 9% for the season which runs from the beginning of May to early November. And, out of season, there is still a demand for dream locations where visitors can escape cold winter days and still enjoy the sun and spectacular panoramic views of the sea. And of course, any quiet time in the letting calendar is a great opportunity for owners to spend some time in their own property and bask in the luxury they have been offering their guests.
To begin your investment property portfolio or expand upon it, there are different areas for consideration. You will find luxury villas to rent in Kalkan in the Kisla area, about a 20-minute walk east of the center. Consider luxurious, waterfront villas with breathtaking views of the bay and the harbor, especially at dusk when the town and harbor light up against the cliffside. As it faces west, villas here also enjoy amazing sunsets. Properties also have private pools and all the mod cons you’d expect. There are also free shuttle boats to the harbour during the day which is attractive to holiday renters.
Komurluk is also east of the center, about a 5-minute walk closer to town. It’s an exclusive area of Kalkan offering the epitome of luxury that reflects the Turkish Riviera lifestyle at its best. Nestled on the hill are stunning mansions complete with infinity pools, floor to ceiling windows that allow every inch of the spectacular view into the home and every creature comfort that one could wish for.
West of the center, about a 25-minute walk, is the small, picturesque Kalamar Bay which is a quieter location with beautiful sea views and easy access to beach clubs. And Kiziltas is across the main highway, making the most of its elevated position with incredible panoramic views.
No matter where you choose in Kalkan, you are almost guaranteed an amazing view and luxury that is usually only dreamed about. Go to Kalkan, take a look. You will be captured by its beauty and, if not to purchase, you will at the very least be allured back again and again.