Investors opt for slice of Turkish life in Dalaman
Thursday, September 18, 2008
Overseas property investors have been advised to pay close attention to the Dalaman region in Turkey over the next few years.
Dalaman is a work-a-day market town spread across a flat plain and offers a slice of real Turkish life. Dominic Whiting, the industry analyst has said that the authorities have been improving the town and the government-led development plans for Dalaman have caused intense interest from property investors. The plans include a new golf course which is due for completion this year, a marina, spa centre and 30,000 new hotel beds. Dalaman airport has already been modernized which possess an award-winning international terminal, capable of handling 10 million passengers a year. The road tunnel work which brings the stylish yachting resort of Gocek within a 20 minute drive is already completed.
The town provides visitors with a unique holiday experience as it is surrounded by green and unspoiled mountains, the clear waters of the beautiful Dalaman River and a long beach at Sarigerme, 12 km south of the town, which is also the site of the new golf course. Dalyan which is nearby to Dalaman have ancient ruins and tourists would be able to enjoy numerous sites of historical interest, mud-baths and hot-springs.
The Dalaman region is said to offer both lifestyle benefits and investment opportunities. There is a wide variety of new and off-plan property in and around the town. The government led plans has increased the land and property values and annual increases of 10-20% are likely but entry prices are still well below neighboring resorts.
A report in Today's Zaman stated that Mugla province, in which Dalaman is located, is the second-most popular investment spot in the country after Antalya, overall in terms of the number of properties people own. Lutfi Yigenoglu, governor of Mugla province, stated that the government has implemented strict planning restrictions across the area to stop it becoming overdeveloped and to maintain the 'Turkish character' that makes Dalaman so attractive. The authorities also have pledged to increase direct winter flights between the UK and Dalaman.
Social BookmarkingDalaman is a work-a-day market town spread across a flat plain and offers a slice of real Turkish life. Dominic Whiting, the industry analyst has said that the authorities have been improving the town and the government-led development plans for Dalaman have caused intense interest from property investors. The plans include a new golf course which is due for completion this year, a marina, spa centre and 30,000 new hotel beds. Dalaman airport has already been modernized which possess an award-winning international terminal, capable of handling 10 million passengers a year. The road tunnel work which brings the stylish yachting resort of Gocek within a 20 minute drive is already completed.
The town provides visitors with a unique holiday experience as it is surrounded by green and unspoiled mountains, the clear waters of the beautiful Dalaman River and a long beach at Sarigerme, 12 km south of the town, which is also the site of the new golf course. Dalyan which is nearby to Dalaman have ancient ruins and tourists would be able to enjoy numerous sites of historical interest, mud-baths and hot-springs.
The Dalaman region is said to offer both lifestyle benefits and investment opportunities. There is a wide variety of new and off-plan property in and around the town. The government led plans has increased the land and property values and annual increases of 10-20% are likely but entry prices are still well below neighboring resorts.
A report in Today's Zaman stated that Mugla province, in which Dalaman is located, is the second-most popular investment spot in the country after Antalya, overall in terms of the number of properties people own. Lutfi Yigenoglu, governor of Mugla province, stated that the government has implemented strict planning restrictions across the area to stop it becoming overdeveloped and to maintain the 'Turkish character' that makes Dalaman so attractive. The authorities also have pledged to increase direct winter flights between the UK and Dalaman.
Labels: Dalaman, Life-style
Turkish housing market has best moment in 25 years
Monday, September 15, 2008
The Turkish housing market is currently stronger than it has been for 25 years as new figures revealed that over $10 billion (£5.45 billion) has been invested in the country's housing market from overseas.
Market commentators tipped that Turkey has the potential to be one of the most profitable markets for investment during 2008, despite the predicted global credit crunch. Moneycorp has revealed that Turkey is continuing to attract massive levels of interest from investors in places such as the UK. The foreign investment in Turkey has continue to soar which shows that it has achieved the international trust and is set to see an huge influx of overseas investment in the future.
International Herald Tribune has reported that the recent changes to laws of purchase of property in Turkey by foreign buyers have been welcomed by experts in the sector. Government has lifted the ban for overseas investors from acquiring real estate in the country. Liam Bailey, global markets expert at Property Wire has said that the inheritance tax in the country is also relatively low, ranging from one per cent to ten per cent.
Turkey is an emerging market which offers very competitive house prices and it is fairly easy to pick up a home in the country for less than £50,000. However, house prices in Turkey are going up at a rate of about seven per cent per annum which means investors who buy early could benefit from capital appreciation.
Social BookmarkingMarket commentators tipped that Turkey has the potential to be one of the most profitable markets for investment during 2008, despite the predicted global credit crunch. Moneycorp has revealed that Turkey is continuing to attract massive levels of interest from investors in places such as the UK. The foreign investment in Turkey has continue to soar which shows that it has achieved the international trust and is set to see an huge influx of overseas investment in the future.
International Herald Tribune has reported that the recent changes to laws of purchase of property in Turkey by foreign buyers have been welcomed by experts in the sector. Government has lifted the ban for overseas investors from acquiring real estate in the country. Liam Bailey, global markets expert at Property Wire has said that the inheritance tax in the country is also relatively low, ranging from one per cent to ten per cent.
Turkey is an emerging market which offers very competitive house prices and it is fairly easy to pick up a home in the country for less than £50,000. However, house prices in Turkey are going up at a rate of about seven per cent per annum which means investors who buy early could benefit from capital appreciation.
Labels: Investment-property, Market-Trends, Turkish-property
Turkey-hotspot for faith tourists
Turkey's appealing religious attractions makes it a very popular hotspot for faith tourists, claimed one expert.
Judith Fein of the Dallas Morning News recently highlighted the divine attributes of Istanbul's Aya Sofya church (Church of the Holy Wisdom), which allegedly houses a splinter from Noah's Ark. The Aya Sofia was a cathedral until the Turkish conquest of Constaninople in 1453 when it was turned into a mosque. In 1935, Hagia Sophia is declared as a museum. Today, it is blend of both faiths.
According to the Irish Independent, Istanbul is one of the most beautiful cities in the world and a place which offers great Christmas festivities and more choice of getaways.
Ms Fein has recalled the treasured experiences she had in Harran; this village is mentioned in the Holy Books and it is one of the focal points of faith tourism in Turkey. The Prophet Abraham stayed in Harran when he was migrating from Sanliurfa towards the south. Furthermore, the foundations of the three religions Judaism, Christianity and Islam are laid in Harran.
St Paul Trail is a 500 kilometer way-marked footpath from Perge, to Yalvac, NE of Lake Egirdir. The hikers gets chance to enjoy the spectacular landscape, deep canyons, waterfalls, cedar forests and limestone peaks soaring to almost 3,000m along the trail.
Turkey has been described as 'holy land' like Israel and is a country shaped by the history of Islam, Judaism and Christianity
This comes after the Association of British Travel Agents reported the amount of bookings for holidays in Turkey has risen by 20 per cent in the last year. This should be good news for overseas property owners who depend on tourism to generate returns, such as owners of temporary lodgings.
Social BookmarkingJudith Fein of the Dallas Morning News recently highlighted the divine attributes of Istanbul's Aya Sofya church (Church of the Holy Wisdom), which allegedly houses a splinter from Noah's Ark. The Aya Sofia was a cathedral until the Turkish conquest of Constaninople in 1453 when it was turned into a mosque. In 1935, Hagia Sophia is declared as a museum. Today, it is blend of both faiths.
According to the Irish Independent, Istanbul is one of the most beautiful cities in the world and a place which offers great Christmas festivities and more choice of getaways.
Ms Fein has recalled the treasured experiences she had in Harran; this village is mentioned in the Holy Books and it is one of the focal points of faith tourism in Turkey. The Prophet Abraham stayed in Harran when he was migrating from Sanliurfa towards the south. Furthermore, the foundations of the three religions Judaism, Christianity and Islam are laid in Harran.
St Paul Trail is a 500 kilometer way-marked footpath from Perge, to Yalvac, NE of Lake Egirdir. The hikers gets chance to enjoy the spectacular landscape, deep canyons, waterfalls, cedar forests and limestone peaks soaring to almost 3,000m along the trail.
Turkey has been described as 'holy land' like Israel and is a country shaped by the history of Islam, Judaism and Christianity
This comes after the Association of British Travel Agents reported the amount of bookings for holidays in Turkey has risen by 20 per cent in the last year. This should be good news for overseas property owners who depend on tourism to generate returns, such as owners of temporary lodgings.
Labels: Holiday-property, Tourism, Travel
Turkey attracts Scottish sun seekers
Monday, September 8, 2008
Turkey is found to be an appealing location among winter sun-seekers in Scotland, it has been reported.
Jackie Sindlay, manager of King World Travel's Paisley branch, told the Paisley Daily Express that Turkey is attracting a large amount of interest from Scots. Speaking to the local daily, she said that many wanted to get away to a sunnier location in order to escape from the cold weather. Ms Sindlay further said that the bad weather and last year's "terrible" summer was a major reason for people choosing to head abroad at this time of year.
Recently M&S Money highlighted the growing popularity of Turkey among people from the UK. Owners of temporary lodgings in Turkey could be set to benefit from an influx of Scottish holidaymakers. According to the Telegraph, areas such as Olu Deniz and Fethiye are particularly good destinations for tourists to visit, as they offer both good countryside and an enjoyable holiday experience without overstretching people financially. Artemis Travel has recently highlighted Turkey as an ideal destination for winter holidaymakers.
This comes after the news that Direct flights between Aberdeen and Dalaman are set to be introduced by Flyglobespan in May 2009. This should be a positive development for the Turkish tourism industry, as it suggests country’s rental market may benefit from extra rental demand from Scottish tourists in future.
Social BookmarkingJackie Sindlay, manager of King World Travel's Paisley branch, told the Paisley Daily Express that Turkey is attracting a large amount of interest from Scots. Speaking to the local daily, she said that many wanted to get away to a sunnier location in order to escape from the cold weather. Ms Sindlay further said that the bad weather and last year's "terrible" summer was a major reason for people choosing to head abroad at this time of year.
Recently M&S Money highlighted the growing popularity of Turkey among people from the UK. Owners of temporary lodgings in Turkey could be set to benefit from an influx of Scottish holidaymakers. According to the Telegraph, areas such as Olu Deniz and Fethiye are particularly good destinations for tourists to visit, as they offer both good countryside and an enjoyable holiday experience without overstretching people financially. Artemis Travel has recently highlighted Turkey as an ideal destination for winter holidaymakers.
This comes after the news that Direct flights between Aberdeen and Dalaman are set to be introduced by Flyglobespan in May 2009. This should be a positive development for the Turkish tourism industry, as it suggests country’s rental market may benefit from extra rental demand from Scottish tourists in future.
Demand for rental property boosted by Indian holidaymakers
Traditional tourist destinations in Turkey are attracting a growing number of Indian holidaymakers, it has been revealed.
Turkish tourist officials have outlined plans to tap into the lucrative Indian market and it wants to increase the number of Indian consumers who visit the country. Turkey has recently opened tourism offices in New Delhi in India, Islamabad in Pakistan, Sofia in Bulgaria, Riyadh in Saudi Arabia and Johannesburg in the Republic of South Africa. Turkish Ministry has a total of 40 tourism offices in 37 countries currently.
Express Travel World has reported that Turkey has just set up a culture and tourism office as a part of the Turkish Embassy in New Delhi in an effort to capitalise on the potential the market offers. Turkish officials predict that this will result in the annual number of visitors from India rising from 45,000 last year to 70,000 in 2008. The main objective of the culture and tourism office will be to work directly with the travel trade and the media outlets to promote Turkish culture and tourism from India. Necessary Steps are being taken to improve air links between the two nations, while more money is invested in promoting the country to Indian consumers.
N Sevgi Boz, head of the office has said that Turkey will provide some unique vacation experience as it offers a diverse range of attractions to foreign visitors. The NTO's initiatives in attracting Indian holidaymakers could be set to boost demand for rental accommodation in Turkey.
Social BookmarkingTurkish tourist officials have outlined plans to tap into the lucrative Indian market and it wants to increase the number of Indian consumers who visit the country. Turkey has recently opened tourism offices in New Delhi in India, Islamabad in Pakistan, Sofia in Bulgaria, Riyadh in Saudi Arabia and Johannesburg in the Republic of South Africa. Turkish Ministry has a total of 40 tourism offices in 37 countries currently.
Express Travel World has reported that Turkey has just set up a culture and tourism office as a part of the Turkish Embassy in New Delhi in an effort to capitalise on the potential the market offers. Turkish officials predict that this will result in the annual number of visitors from India rising from 45,000 last year to 70,000 in 2008. The main objective of the culture and tourism office will be to work directly with the travel trade and the media outlets to promote Turkish culture and tourism from India. Necessary Steps are being taken to improve air links between the two nations, while more money is invested in promoting the country to Indian consumers.
N Sevgi Boz, head of the office has said that Turkey will provide some unique vacation experience as it offers a diverse range of attractions to foreign visitors. The NTO's initiatives in attracting Indian holidaymakers could be set to boost demand for rental accommodation in Turkey.
Labels: Holiday-property, Rentals
