Calis Beach and Fethiye Turkey Discussion Forum
Introduce Yourself => New Member Introductions => Topic started by: Leerob on October 21, 2013, 21:41:17 PM
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Hi All,
My brother and I are considering buying a property in Calis. We have a 30% deposit and we are looking at properties to the value of £150,000. What is the rental potential of properties in Calis during the summer months. I have spoken to a Turkish acquaintance in Hisaronu who said that the foundations are not good on Calis and it is susceptible to flooding, is this correct as believe he just to to put us off this area as he sells villas on Hisaronu. Once the walkway is complete next year I believe property in Calis will be a good investment. Eventually I would like to move over permanent and rent my property in the uk, just in case
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I am by no means an expert but presumably the rental potential is dependant on a number of factors including location, number of bedrooms, pool or no pool etc., etc.
Sites such as joy.lettings.com, holiday.lettings.com and Calis Villas on here will give a fair cross section I would have though.
We have rented at Summer Apartments at the far end of the prom. Lovely apartment beautiful grounds, lovely pool - £ 260 per week in September.
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Also having 70% on finance could well give an uncomfortable feeling if Turkey has a bad year with low rental take up, which can (and does) happen with earthquakes, wars in adjacent countries, occasional bombs and several other factors that should have no effect on sleepy little Fethiye but I assure you they do in terms of bookings.
If you can afford whatever 100k costs to borrow per year even if you got zero bookings at all then no problem.
As for Hisaronu, they are indeed saying that to sell you a dream home up a hill with no beach. I lived in 2 houses in Calis over 5 years and never once had a flood or feared one might happen. We do get a problem from Hisaronu, every time it rains up there all their tarmac seems to end up down our way ;)
Welcome to the forum by the way.
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I've had ours for 9 years now and I don't recall it ever flooding. Oops tell a lie to did happen once years back when the canal flooded, but the have since made it a lot wider, so problem solved.
If you are thinking of moving over eventually I would definitely recommend Calis. More facilities all year round.
As for the rental side .... No one can guarantee rentals.
Buy within your means . There are lot of properties out there up for sale which are a lot cheaper than 150 k. Most of which have pools.
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I wouldn't pay £150,000 for a house in Calis!
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I wouldn't pay £150,000 for a house in Calis!
I wouldn't pay 150 k full stop lol
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I wouldn't pay £150,000 for a house in Calis!
No but he wasn't asking that ;)
Different people have different requirements and 150k can buy a wonderful place in Calis. For people with 45k, Calis can deliver too. The implication is that Calis isn't good enough to buy an expensive house in - like "I wouldn't spend half a million on a house in Liverpool". Well, lots of people do.
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I am sure it's some areas of Koca Calis which you have heard flooded, there have been problems in that area.The houses near in the Canal in Calis did flood a couple of years ago. We are well away from the Canals and in eight years had no problems.
Remember to factor in the costs of using someone to manage your property and also you will have to pay tax on rental income.
I would easily spend £150.000 on a house in Calis. There are some really nice properties for sale at this price and more.
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I do recall flooding in Calis many years ago when they started building on what was swampland.
Of course building has improved since then and I reckon they now understand more about foundations.
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When we where shown houses by the Estate Agent. He told us Koca Calis was built on a swamp and he told us it was up to us if we wanted to look there, but someone in the office told us not to, so we never did.
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Wonderful how contradictory estate agents advice can be, when we were looking to buy we were told "don't buy behind the new hospital (Develet) in Calis, it's built on swamp and floods", now it appears them thar floods have moved to Koca Calis. One thing is constant Ovacik / Hisaranou are very quiet in the winter and the main road frequently gets washed away.
We ended up buying in Tasyaka, OK but not what we really wanted, we now live in Calis, just off Baris Manco Bulvari and are very happy. Loads of villas near to us for sale, close enough to walk to the seafront, Gunlukbasi / Fethiye just a bus ride away for shopping etc.
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Wonderful how contradictory estate agents advice can be
What you need to appreciate is the power and influence agents have over their clients. If you viewed with me and trusted me, and I didn't want you to buy the property you like, I could tell you we found a problem with the deed. And you would believe me.
I would never do that but I assure you plenty will direct you to the property they want to sell, not necessarily the property you want to buy. My philosophy was quite different, I used to tell staff 'I don't care which one you sell, just sell' ;)
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Have to agree with LeeGlo we have been visiting Calis for 11 years now and this year bought on Serinkent off Baris Mancho Vulvari. In all that time we have never seen any flooding at all at our friends property. We now live directly across the garden from them and love the position of where we are, we have holiday mood if we want and a 10 minute walk to the front or sample more the real Turkey and walk for 5 minutes to Gunlukbasi. We also get the bus at the bottom of the garden. Almost perfect if you ask me, plenty in the winter and just enough away from the crowds in the summer. Roll on the time we can live there permanently.
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I read that as 'can get a bus to the bottom of the garden'. How lazy are you Serinkent people!!!
My ideal area is from water taxi to Anna Hotel, up to Sunday Market, along to Aydin Pide Roundabout and back to water taxi. But then like every other answer, I believe where I lived was the best area ;)
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Having stayed in the Golden Moon apartments more than once, I can say that area is absolutely perfect, ten mins. flat walk to the front, 4 mins to market and just a short stroll to local pubs, restaurants etc. If I was buying that area would be ideal, wish I was there now :(
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Rental is not worth the time or effort in my opinion.
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After all the problems some people on this forum have had with purchasing properties and getting their paper work sorted, I think there is a great deal to be said for renting before you take the step to buy. It is easy to jump in and get it wrong when you have a two week deadline to find a property.
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Agree with Echogirl, it may be better to rent and look around for a while before you buy. However, we came over for one week to Fethiye, looked at property for one day and bought the next day....We have never regretted it, but I suppose we were very lucky. Me and my husband are the same, we make instant decisions, we never stop and think we just do it, but people are all different, some like to spend a long time and do a lot of thinking. ;D
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As someone who is planning the move in around eight months...... originally we said we would buy but have now decided to rent for exactly the reasons given by Echogirl.
If we bought, we'd have to decide pretty much instantly where we want to buy and do it quickly. We have neither the time nor funds for numerous viewing trips and, although there are several areas under consideration, we want to see what they're like in different seasons etc.
For this reason, it will be a long-term let for us to start with...it also means we're there for the whole buying process rather than trying to do it at a distance.
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Very sensible approach Wordbird, unfortunately we did it the other way around, bought and now renting.
I rather think Savoyboy's comment though refers to renting out your own property for an income as opposed to renting somewhere to live.
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exactly what we plan to do Wordbird, I would hate to commit to an area, only to find myself hating it a year down the line. I suspect that everywhere looks wonderful in summer sunshine, but may lose it's sparkle in the winter, so we'll be treading warily.
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We were going to do exactly the same as the o p. Buy a place, and rent it out. But after doing lots of research, and realising there could be some real tapu and HC problems we decided against it as this course of action involved us selling a property in the UK to buy in Turkey, in the end we decided just to rent that out in the UK, and rent long term in Turkey instead. What we get on our UK rental pays for our rental here plus more than all our bill, plus we have the flexibility to move, if we want a change. . . we are well and truly looking forward to moving from our original perfect location. Good luck with what ever you decide to do. Sue xx
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Problems with tapu and HC? None if your research directed you to buy one that has it all already...
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Yes, of course. We did say if we buy we would buy a re sale, but I think by the time I had read the stories, probably more problems where we are than in Fethiye, and so many people advised against buying, even though we really wanted to, we did come to the conclusion it was just better for us to rent as if we decided we don't want to be in the area after all its easier to move on, and I'm not saying we would never buy, we may surprise ourselves and just do that one day. Sue xx
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When I looked into buying, I quickly came to the conclusion that off-plan and new builds were a no-no for us. For the reasons you stated, suecheshire, re Tapus /habitation etc.
And for me re-sale is by far the best option for other reasons too. More often than not, the previous owners have added a lot of the extras that would take time, effort and money to install. And depending on their circumstances, many want to include their white goods and furniture in the sale too. Which is great if you don't want to have to rush out buying stuff straight away and can take your time to choose the right things.
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Aahh, yes, Menthol. With hindsight, we certainly should have bought 'ready-made'. Truth is, I/we were so amazed at what looked like excellent value, and I was so amazed at Mr AM's agreement to buy, that I struck while the iron was hot and we went ahead and signed on the dotted line at the end of our vacation in OluDeniz in 2009. We got our land Tapu this year, but still not our Habitation papers :'(. . .BUT . . .we hope to get this within the next few months.
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With Sule on the case, you'll soon have it, Arty.
I'm afraid to say it was reading cases like yours and of course many others that led me to my decision, Arty. So whilst hindsight didn't benefit you, it has benefited others.
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I think if we were to do it now, we would still do the same thing, as we are instant decision people, we never wait.. However, we where not looking to live in the area permanently. I think if we were going to do that, we would rent first, as places are different in Winter.
I see the new member Rosied bought in Ovacik and now is moving to Calis, where she had never been to in the four years she had lived in Ovacik, she said that Ovacik is too cold in Winter, too hilly, everything closes and the Dolmus run on restricted hours, So, after reading that, I would think it's best to rent and see what a place is like in all seasons.
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The main difference between off plan buying experiences previously and now is a huge one - buying off plan in a booming market compared to buying off plan in a falling or stagnant one. When you are selling everything you have off plan, it means the next project can start, and it can be bigger and you can use what you made in the last project to buy much of what is needed on the next - and so it goes on - till suddenly your first project of 4 apartments and a shared pool is a distant memory, and everything is now in your 5th project of 24 villas, 19 of which are built and not shifting. The concrete suppliers are screaming for their money now, as are the reinforcing steel people, the double glazing people and so it goes on...
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I think if we were to do it now, we would still do the same thing, as we are instant decision people, we never wait.. However, we where not looking to live in the area permanently. I think if we were going to do that, we would rent first, as places are different in Winter.
I see the new member Rosied bought in Ovacik and now is moving to Calis, where she had never been to in the four years she had lived in Ovacik, she said that Ovacik is too cold in Winter, too hilly, everything closes and the Dolmus run on restricted hours, So, after reading that, I would think it's best to rent and see what a place is like in all seasons.
This is very true Jacqui. We both totally fell in love with Akbuk, but so glad we didn't buy, as living here in the winter is so quiet. Initially we loved it, but the novelty soon wears off when all the expats and friends and neighbours go away on holiday to the uk or somewhere warm, and it can be quite lonely, and grim when the rain sets in. We recently had a couple of days in Kusadasi and it was great to to see lots of people just meandering around. I said I'm glad this is our last winter here in Akbuk, though I must admit we usually go away for a couple of months too, but it will be nice to spend a winter in Turkey next year, in Fethiye/Calis and actually see people and open restaurants etc. Wise words from Jacqui. Sue xx