UNIQUE INVESTMENT: 3 STONE PROPERTIES IN KAYAKOY

This superb investment opportunity consists of 3 beautifully built, fully furnished stone properties in Kayakoy, a historic village 15 minutes drive from Hisaronu and 20 from Oludeniz beach. The 1+1 and 2+1 cottages and the studio apartment all share a substantial 1,170m2 plot that has been divided for privacy and benefits from interconnected gates linking the gardens. The two cottages have private pools, and the apartment has a private garden/terrace space.

These properties are packed full of character and come key-ready, so they are ideal as a buy-to-let investment in this pretty village location. They are to be sold together, not as separate units. Viewing suggested.

IDEAL INVESTMENT: THREE STONE PROPERTIES IN KAYAKOY

The village of Kayakoy is an amazing location nestled into a deep valley just 8 km from Fethiye. The ruins of roofless, crumbling former Greek churches and houses lie across the hillside to the valley’s centre, now protected as a museum and attracting day-trippers and tourists from the neighbouring resorts. There’s a lovely selection of traditional BBQ restaurants and local cafes, plus a growing number of boutique villas and residences springing up in the area – all low rise and tastefully built due to the strict development laws that apply to the village.

These properties in Kayakoy are in the Karakeciler suburb, a short cycle/drive from the village centre and the ruins. The two cottages are of a modern, one-storey bungalow design and have been tastefully built using natural stone and wood to blend seamlessly into the setting. There are two neighbouring cottages; one with one bedroom, the other with two, both with their own garden and pool. There is also a studio apartment. The properties sit in a row, on good-sized walled and gated plots, each with its own entrance.

THE 1-BED STONE COTTAGE

The one-bedroom cottage has a good-sized lounge with a wood burner and an open-plan kitchen to the side. Patio doors lead out to a dining terrace overlooking the private pool and walled and gated grounds. There is a spacious double bedroom and a bathroom with a bath.

THE 2-BED STONE COTTAGE

The two-bedroom cottage is spacious, with a large open-concept living room and kitchen, a fireplace and doors leading out to a private garden with a pool. There are two ensuite bedrooms, and the master has a large jacuzzi bath and shower.

THE STUDIO APARTMENT

The studio apartment has an open lounge/kitchen and bedroom, with a separate bathroom with a shower (no pool).

These properties in Kayakoy are an ideal buy to let investment and would attract an excellent rental return from May to October each year. If you would like to know more or arrange a viewing, please CONTACT ANGEL HOMES.

ABOUT KAYAKOY

Kayakoy is a historic village often referred to locally as “the ghost town”. Tucked into a beautiful green valley between Oludeniz and Fethiye, it once homed a thriving Anatolian Greek community until a forced population exchange in 1923 left the town abandoned.

A visit to Kayakoy will likely mesmerise you. It is a location that feels a world away from the busy tourist resorts of Hisaronu, Oludeniz and Fethiye, and all reached within a 20-minute drive or bus ride. The ruins consist of hundreds of roofless, crumbling old stone houses stretching up the hillside connected by narrow stone lanes. There are the remains of churches, schools and chapels, all lying in various states of disrepair and giving a fascinating insight into the past. It’s said over 6,000 people once lived in Kayakoy, and as you walk around you can imagine how they once lived. The ruins of Kayakoy are extraordinary, and the area does have a different, atmospheric feel. Thankfully, much of the valley is now protected, meaning strict building and development laws apply, and the ruins on the hillside are a museum.

Property development in Kayakoy is restricted, so the area does still retain an authentic village feel. It is an area that will appeal to those that want something different to your average resort setting, those that want a more tranquil property tucked into nature. There is a growing selection of tastefully built, boutique properties in the area, and the centre does have a good selection of cafes, BBQ restaurants and mini-markets so the essentials are all readily available. Local buses run regularly through Kayakoy to Fethiye and Hisaronu, and Dalaman Airport is around a 50-minute transfer away.