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Stunning apartments along the Turquoise Coast in Turkey

10th December 2010 Print
Karian apartments

Oceanwide Properties has announced the release of just nine apartments in a prime location in the much loved resort of Fethiye on the Mediterranean coast in Turkey.

“We are the sole selling agents of these homes, four of which have already just gone under offer”, says Suleyman Akbay, MD Oceanwide Properties. “Currently selling off plan with completion estimated at the end of August 2011, the homes offer excellent value for money as currently they are being marketed with up to £10,000 discount”.

Turkey is a country that is rapidly growing. Turkish President Abdullah Gul said that Turkey was one of the rare countries whose financial institutions made profits in the last three years at a time of global economic crisis. He said that Turkey’s credit rating was upgraded twice at a time of global economic crisis.

Turkey is the world’s 16th and Europe’s 6th biggest economy and the Turkish economy grew 11% in the first six months of 2010. Turkey is the country in OECD with the biggest growth of economy.

This all bodes extremely well for those seeking to invest their money in the country. There are lots of other benefits too.

Take for instance the Mediterranean weather that Fethiye and surrounding resorts enjoy. There is also a very good health service, most locals speak English, easy access from the UK and of course miles of unspoilt and stunning coastline.

Fethiye is a thriving town and the new properties are within walking distance of local shops, schools, hospital, local bus route and the weekly market.  Fethiye is not a seasonal town but is “open all year”, which makes it ideal for those seeking permanent residence.

As a holiday retreat it is perfect too; a brand new promenade has recently been opened and the harbour with its cafes and bars always attracts attention. There are stunning beaches at nearby Oludeniz, ( just 15 minutes away). This is where the famous beach and lagoon are located; perhaps the most well-known and photographed location along this coastline. The popular resort of Hisaronu is just 10 minutes from the apartments.

The Karian Apartments, which nestle amongst olive trees on a gentle hillside, comprise a single, four storey building housing just nine apartments, four of which are already sold.

There are attractive gardens and a good sized communal swimming pool. There is a choice of two, three or four bedrooms and the elevated position provides owners with panoramic views across the town to the shimmering sea, a view that cannot be compromised because of its unique location.

“Fethiye is a region much loved by the British either as a retirement destination or as a holiday home with an intention  of letting as an added bonus”, says Suleyman. “With the opening of the new ski resort at Seki village, about 1 hours drive inland, this opens up potential for buyers to having a longer letting period as the mountain slopes appeal to skiers in the Winter months.

Prices in this region have risen by around 7/10 % in the past 12 months, depending on location. Rental of the Karian apartments should, in the high season, be around £275 per week for a two bedroom apartment and up to around £400 per week for a four bedroom apartment.

Tourist numbers exceed 500,000 in the area each year so there should be limited void periods.”

Karian Apartments, Fethiye, Turkey
Five apartments currently selling off plan. Completion due August 2011.
Good rental potential – close to all amenities including nearby university.
Choice of fixtures and fittings etc subject to stage of build.

Features include:-
Fitted kitchen, tiled bathrooms, solar panels, ceramic floors, double glazed windows, automatic entry system to each apartment, wood burning stove, BBQ, balconies, views.

Currently there is off plan discount of 5% on all units with further discounts of up to 5% for multiple unit purchasers or higher instalment/shorter term payment plans.

Prices with 5% off plan discount, range from £73,000 to £81,000.

Dalaman International Airport is around 45 minutes drive time.

For more information, visit

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Karian apartments