Property investors with an interest in Turkish property market may be alerted by news that Antalya could become the epicentre for tourism in the country.
Irfan Onal, director of the Turkish Culture and Tourism Office UK, said that people are traveling to less well known areas to sample the natural delights and water sports on offer. He said that this popularity has led to several airlines increasing the number of flights to Turkey they offer, which could also benefit people with Antalya real estate Listings. Antalya is located on the south-western Mediterranean coast of Turkey and hosts numerous music and film festivals throughout the year.
According to Turkish news provider today’s Zaman, Huseyin Baraner, president of the Turkish Tourism Business Council said the popularity of Turkey to tourists is fuelling the European market, with Antalya at the centre. Antalya will become one of the most important tourism centers in the world. As Antalya's touristic sales increase impressively, competitors to the city are seeing slowdowns at the same rate.
Moreover, the Mediterranean's most popular holiday destination will soon have the largest botanic garden of Europe, adding another sightseeing spot to the tour maps of millions of tourists visiting the Turkish Riviera. The garden will span over 263 hectares of land and cost USD 15 million. The garden will be named Zeytin Park (Olive Garden), after the olive groves situated on the site.
The Botanic garden project will exhibit Antalya’s agricultural and botanical diversity, as well as its historical, cultural and ecological heritage to its visitors with various recreational activities.
Friday, August 27, 2010
Friday, August 13, 2010
Turkey property market is now in direct competition with Spain for buyers
Turkey looks set to be a good investment prospect as The Turkish Villa Finder website has produced a number of such tips, Didim Today reports.
Those keen to buy a Turkish property may be interested in advice given to sellers by the website. The portal reported that those looking to sell should inform a wide range of estate agents, as well as putting up for sale signs. Landlords should look to advertise these properties via specialized real estate websites, online banner advertising and the classified sections of papers such as Didim Today.
In addition, a rush of European buyers has been drawn to Turkey thanks to its relatively cheap prices, low cost of living and accessibility from the UK. The website stated that this is 60 per cent cheaper than in Britain. The country's latest land registry figures reveal that 32,000 Brits now own real estate there and the market remains stable with no signs that interest in buying homes from overseas investors will fall in the future.
James Dearsley, European sales manager of Atlas International said that low prices, ease of access for foreigners and exotic culture will draw individuals to the Turkish market. He explained that the destination was now in direct competition with Spain for buyers.
He commented: "What we have seen this year is Turkey has continued to be a global force since it really emerged on the market last year. Whereas in 2009 it was an absolute 100 per cent winner, this year it is now competing with Spain to be the top country”.
Those keen to buy a Turkish property may be interested in advice given to sellers by the website. The portal reported that those looking to sell should inform a wide range of estate agents, as well as putting up for sale signs. Landlords should look to advertise these properties via specialized real estate websites, online banner advertising and the classified sections of papers such as Didim Today.
In addition, a rush of European buyers has been drawn to Turkey thanks to its relatively cheap prices, low cost of living and accessibility from the UK. The website stated that this is 60 per cent cheaper than in Britain. The country's latest land registry figures reveal that 32,000 Brits now own real estate there and the market remains stable with no signs that interest in buying homes from overseas investors will fall in the future.
James Dearsley, European sales manager of Atlas International said that low prices, ease of access for foreigners and exotic culture will draw individuals to the Turkish market. He explained that the destination was now in direct competition with Spain for buyers.
He commented: "What we have seen this year is Turkey has continued to be a global force since it really emerged on the market last year. Whereas in 2009 it was an absolute 100 per cent winner, this year it is now competing with Spain to be the top country”.
Wednesday, August 11, 2010
New marinas in Trabzon, Avsa, Silivri and Yenifoca boost property market
The Turkish Ministry of Transport and Communication is moving full steam ahead with investments despite the global financial turmoil. A series of new marinas will be constructed in northeastern Anatolian province of Trabzon, Avsa town of northwestern Aegean province of Balikesir, Silivri town of northwestern province of Istanbul and Yenifoca town of western Aegean province of Izmir. The news is expected to boost the property market in those regions.
The Turkish Ministry of Transport and Communications said that the government is planning to invest some USD 750 million in near future to build 22 new marinas. Turkey at present has 45 marinas with a combined capacity of 14,000 berths; Developments similar to the one in Didim are in the pipeline to increase this capacity to 25,500 berths. The ultimate aim is to double Turkey's share in Mediterranean yacht tourism from the current level of five percent to ten percent.
The Directorate General of Railways, Seaports and Airports (DLH) in a press release stated that the build-operate-transfer model will be adopted for the marinas. Meanwhile, a tender will be held for operating marinas with docks and related facilities. The infrastructural works for these marinas are near completion. The winner of the tender will be able to operate the marinas in Trabzon and Avsa for a period of 30 years, and Silivri and Yenifoca for a period of 40 years.
The Turkish Ministry of Transport and Communications said that the government is planning to invest some USD 750 million in near future to build 22 new marinas. Turkey at present has 45 marinas with a combined capacity of 14,000 berths; Developments similar to the one in Didim are in the pipeline to increase this capacity to 25,500 berths. The ultimate aim is to double Turkey's share in Mediterranean yacht tourism from the current level of five percent to ten percent.
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