A Turkish investment

It was a holiday that first gave Sue and Sean Flynn the idea of buying a Turkish property. Having enjoyed visiting Kalkan, an upmarket village in Turkey’s Mediterranean coast, they gradually realized the investment potential of the area. According to Sue, Kalkan is renowned for its rooftop restaurants and great seafood. Its location is excellent for exploring nearby ancient sites and for visiting the Patara beach, which is often cited as one of the best beaches in the world.

What’s more: Kalkan is very easy to reach. Sue adds that a new tunnel opened recently, cutting travel time to the village by 20 minutes. She and husband Sean decided to look for a property that they could use as a holiday home but that would also serve as a good investment. Sue recalls that their search was not a long one. They bought their first apartment by October 2005; they came for a week’s visit and made a purchase at the end. The purchase was made directly from the builder, Aslan Uzun, who owned the Asfiya hotel, where the couple had stayed previously. They knew and trusted his expertise, thus they were confident that the building would be good.

The apartment set Sue and Sean back 82,000 English pounds though Sue estimates that the investment is now worth approximately 100,000 English pounds. The property has fantastic views over Kalkan Bay and is only a five-minute walk from the village center, the harbour, and the restaurants. Sue enthuses that after buying the property, the coupled managed to let out the apartment all season, from beginning to end.

The place has proved to be popular with couples, young families, and older families alike; many of whom have booked to return in 2007. The Flynn couples organizes their apartment rental through Owners Direct and Holiday Lettings, as well as organizing private lettings through colleagues, family, and friends.

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A Turkish investment

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