Fethiye is a city in the province of Mugla in southwestern Turkey, which is interesting because it is located at the junction of two seas at once - the Aegean and the Mediterranean, at the foot of the Lycian Mountains. This is one of the famous tourist destinations on the Turkish Riviera with mesmerizing scenery (sandy beaches, pine and cedar forests). The nearest airport is Dalaman. There is bus service to many cities of the country (Marmaris, Bodrum, Antalya, Izmir, Istanbul, etc.) and intracity public transport - dolmush (minibus).
The climate of the city is Mediterranean with signs of subtropical (cool winters with rare but heavy showers and hot, dry, long summers with temperatures up to thirty-five degrees Celsius), there are about three hundred sunny days a year.
The economy of Fethiye is based on the service sector, including tourism. Here you can rent any water vehicle (from a bareboat to a luxury yacht) to travel around the Aegean Sea, go paragliding (mountain Babadag 1900 m), dine in excellent fish restaurants.
Attractions:
- cave tomb of Amyntas,
- Lycian sarcophagus,
- roman theater and castle,
- butterfly Valley,
- museum.
This city is primarily attractive for investment in real estate, including in the segment of secondary apartments, with great potential for market growth and high purchasing power of consumers.
Buying apartments in Fethiye from the owners profitably
Investing in an apartment on the secondary market is an interesting investment for a foreign and Turkish investor, since the cost of a meter here is still attractive. Fethiye is a tourist town with an excellent marina and vibrant nightlife.
Given the high demand for housing in the region, cheap resale apartments in Fethiye are not easy to find. Nevertheless, investments are profitable, since rental income is high (the flow of tourists who come to relax, live by the sea in a comfortable climate and rent apartments is always large). The local resale market offers a wide range of quality apartments, apartments in resort complexes are available.
Buying a resale property in Fethiye is the best choice for the following reasons:
- transport accessibility - easily accessible from any part of the world,
- safety,
- developed infrastructure and a high level of service with English-speaking staff,
- tourist attractions,
- the opportunity to go yachting: the city has three world-class marinas (with immigration offices) and a boat park,
- special climate, environmental friendliness.
The GEOLN.COM real estate website with a convenient search interface helps investors to purchase secondary apartments without intermediaries, where you can quickly find an option according to the required characteristics (a wide selection of offers of verified objects with photos) and get expert advice. Owners of investment objects put up their options for sale on the site on their own. The purchase procedure is transparent, regulated in detail by law, which is confirmed by customer reviews.
Prices for apartments in Fethiye
The list of real estate in Fethiye available to potential buyers ranges from low-cost studio apartments to luxury six-bedroom apartments. The average cost of secondary apartments is 1200 USD per square meter.
The cost of the secondary here is characterized by the following main points:
- has been growing steadily over the past five years,
- the upward trend in prices for secondary real estate will continue in the medium term, according to experts.
You can buy an apartment in Fethiye inexpensively from 35,000 euros, there are more expensive options - from 100,000 euros to 800,000 (depending on the quality of the acquired asset and location).
Investing in housing in Fethiye is a profitable investment of free capital in the medium term, given the relatively low cost of real estate and the advantages of living in a seaside resort town.