In a world of its own, Kalkan’s real estate market is thriving. As part of Turkey’s most prestigious property sector, this is more than an incentive for homebuyers to invest. They’re buying an exclusive Mediterranean coast destination that offers unrivalled luxury living. Rooftop dining, sailing, sunbathing, and sophistication revolve around daily life. Kalkan is one of the best places to buy property for sale in Turkey.
What is Kalkan in Turkey like?
Formerly a remote, unheard-of fishing village, it has developed into one of Turkey’s most desirable locations. See remnants of its history in old stone houses scattered among the centre of the city’s narrow paths, but look around, modern apartments and villas showcasing only the latest architectural styles demonstrate how far over 40 years they have come.
Many foreign owners live there during the year, while others have second-holiday homes and mostly rent them out because Kalkan provides high rental returns. While life escalates down a notch in winter, summer is a fun experience, and what the market offers will inspire anyone looking at freehold luxury property.
Why is real estate in Kalkan popular?
So what else will buyers look forward to, apart from an opulent lifestyle and the Mediterranean coastal position? Quite a lot. Kalkan is not an area that is going to suffer from poor urban planning. Strict construction laws ban large skyscraper-like structures, and overpopulation is prevented by a distinct lack of land suitable for construction.
To build beautiful homes around the breathtaking sea views, architects take advantage of hilly landscapes. Floor-to-ceiling windows overlooking the sea, terraces, gardens, and swimming pools provide spectacular views 24 hours a day. It is not all about the views either, because comfort and style are highlighted by most homes through gyms, saunas, luxurious décor, and design.
Apartments and Villas in Kalkan
Developers have realised that the luxury real estate portfolio of Kalkan has a distinct shortage of apartments for rent over the last five years. Not everyone needs a sizeable six-bedroom mansion, after all. However, the issue was solved, and buyers entering the property market have a healthy option of apartments, penthouses, and villas.
Prices per square metre vary between communities, and properties on the coastline fall into a high bracket. Traditional, older homes often sell because they need modernisation and updating for lower prices, but the advantage is that many have a central position.
Kalkan offers plenty to choose from, each with unique selling points, whether you want to purchase off-plan, new-build, or resale furnished properties.
The best neighbourhood to buy property in Kalkan
Kalkan breaks down into six individual neighbourhoods, and newcomers should explore each area to find out where there are bars, shops, restaurants, banks, and transport links. Many buyers express a desire to own an authentic home in the centre known as the old part of the city. Ortalaan, aka new Kalkan, is a suitable and nearby alternative, where the largest concentration of public services and the bus station are.
Buy-to-let investors seeking rental properties frequently go to Kalamar. In contrast, budget buyers go to Kiziltas via the D400 highway but do not think you are sacrificing on a coastal location because there are spectacular sea views in this neighbourhood. Komurluk and Kisla are affluent neighbourhoods worth seeing, with a portfolio of seaside villas featuring contemporary architecture.
Is it a good idea to purchase property in Kalkan now?
Suppose you’re an international purchaser of Kalkan property, then the answer is yes. The exchange rate of Turkish Lira and other currencies means that foreigners earn more than ever before for their currency. Turkey has also lowered the minimum amount of investment from USD 1 million to just $250,000 for its citizenship scheme so that house buyers with that budget will also qualify for permanent residency and citizenship rights.
Why buy real estate for sale in Kalkan, Turkey?
Turkey has tightened and simplified home buying procedures over 15 years to make it a successful buyer and seller process. They also implemented valuation reports and the elimination of military searches that held up the signing of title deeds, and you must use an official interpreter for all legal documents. It would help if you always did your due diligence. You don’t need to use a lawyer in Turkey, but we recommend that you do so.