Ovacik is an area that is extremely popular with foreign people, many of whom live here all year round. Many holidaymakers return year after year to sample the delights of its pleasant climate, proximity to the mountains, beautiful coves and beaches and the nearby facilities of bustling Fethiye with its cafes and restaurants, shopping centre, markets and Marina. For these reasons purchasing property here offers excellent short or long term rental potential, increasing value whilst providing a personal holiday venue
Properties are available in a wide range of sizes and styles to suite all tastes and pockets from the modest 2 bedroom apartment from £50,000 to £80,000 the 3 bedroom villas from £110,000 to £180,000 and 6 bedroom luxury Villas from £180,000 to £260,000
Generally Villas will be built on private plots in excess of 500m2 with private swimming pools and gardens whilst apartments will be in complexes but will benefit from lower running costs of shared facilities
For the 6 month May to October holiday season
6 Bedroom detached villas in Ovacik, should generate rental income up to £20,000 and a 2 bed apartment perhaps £5,000 representing a good return on your initial investment.