Dalaman worthy of closer inspection
Tuesday, August 5, 2008
Foreign property investors to look for possible investment opportunities in Turkish city of Dalaman, it has been reported.
Foreign Property Buyer stated that the Dalaman region is opened up by low-cost airline easyJet, as it has begun operating direct flights to Dalaman from London Gatwick Airport. The improved accessibility is likely to lead to an influx of holidaymakers and investors which in turn will push up demand for rental accommodation in the area. A spokesperson for Foreign Property Buyer has commented that property prices and rental prices are likely to grow in the region and the frequent flights offered by easyJet may make it as an attractive location for buyers who want to purchase a holiday home overseas.
Dalaman, a stopover destination earlier is increasingly gaining reputation more than that now. The new airport, easy accessibility, cheaper prices and infrastructure improvements have continued to attract tourists making it as a favored destination. Dalaman is also worthy of closer assessment as it offers several attractive inducements for overseas property buyers, including a strong tourist trade that is driving rental demand.
Easyjet have increased the frequency of the flights to five times a week from May 2008 due to growing demand. 60,000 passengers are expected to visit Dalaman over the next year and this could potentially make the region more attractive to foreign property investors who want to enter the rental market.
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Foreign Property Buyer stated that the Dalaman region is opened up by low-cost airline easyJet, as it has begun operating direct flights to Dalaman from London Gatwick Airport. The improved accessibility is likely to lead to an influx of holidaymakers and investors which in turn will push up demand for rental accommodation in the area. A spokesperson for Foreign Property Buyer has commented that property prices and rental prices are likely to grow in the region and the frequent flights offered by easyJet may make it as an attractive location for buyers who want to purchase a holiday home overseas.
Dalaman, a stopover destination earlier is increasingly gaining reputation more than that now. The new airport, easy accessibility, cheaper prices and infrastructure improvements have continued to attract tourists making it as a favored destination. Dalaman is also worthy of closer assessment as it offers several attractive inducements for overseas property buyers, including a strong tourist trade that is driving rental demand.
Easyjet have increased the frequency of the flights to five times a week from May 2008 due to growing demand. 60,000 passengers are expected to visit Dalaman over the next year and this could potentially make the region more attractive to foreign property investors who want to enter the rental market.
Labels: Market-Trends, Property-prices, Rentals
posted by EstatesNewz, 6:07 AM
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Buy now before the phase 2 prices rise in Meltemi Residences, Bodrum
Wednesday, July 9, 2008
The fully furnished apartments in the Bodrum coast in Turkey offer you high quality with all the comfort of a holiday home, with prices starting from just £33,352.
The beautiful one to three-bed beach apartments at Meltemi in Gulluk all have terraces from where you can soak in the breathtaking views of the Aegean coast and is only a short walk from the unspoilt white sandy beach and warm turquoise sea.
The apartments have been planned to the highest quality specification throughout and outstanding orientation ensuring maximum amount sunlight. Top quality fixtures and fittings including Ceramic tile flooring throughout the property interiors, American panel doors, tiled bathrooms and fully furnished kitchen
-initial reservation deposit £500
-4% discount available for 80% of payment within two weeks of signing the contract
-1 bed £38,352, 2 beds £46,750 and 3 beds £56,750
The beautiful one to three-bed beach apartments at Meltemi in Gulluk all have terraces from where you can soak in the breathtaking views of the Aegean coast and is only a short walk from the unspoilt white sandy beach and warm turquoise sea.
The apartments have been planned to the highest quality specification throughout and outstanding orientation ensuring maximum amount sunlight. Top quality fixtures and fittings including Ceramic tile flooring throughout the property interiors, American panel doors, tiled bathrooms and fully furnished kitchen
It has all the extras property purchasers could want restaurants, cafes, supermarket, swimming pools with various water attractions. There are also childrens playgrounds, beauty and medical centers, a fitness club, sauna and tennis court. The developers have said that there is only limited number of apartments left at phase 1 prices.Meltemi Residences offers buyers a competitive payment schedule as follows
-initial reservation deposit £500
-4% discount available for 80% of payment within two weeks of signing the contract
-1 bed £38,352, 2 beds £46,750 and 3 beds £56,750
Labels: Bodrum, New-developments, Property-prices
posted by EstatesNewz, 6:43 AM
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Irish holidaymakers set to visit Turkey
Tuesday, July 1, 2008
Turkey's tourist industry looks set to benefit from the poor weather in the Republic of Ireland as number of holiday bookings has increased this year.
Sunway Travel has revealed that increasing number of people from Ireland is looking to take holidays in the country this summer. The amount of bookings for trips to Turkey is about five per cent higher than at the same time last year.
Tanya Airey, managing director of the company, told the Sunday Business Post that this is mainly due to the warm climate of Turkey. The recent poor weather and memories of last summer's downpours has made many people chose to book last-minute holidays in order to escape from this year's poor weather. She further said that the various financial issues such as the rising cost of living are also failing to deter Irish consumers from taking a break overseas.
The weakness of the pound against the euro has made the financially-stretched Britons can still enjoy bargains and affordable prices in Turkey, as prices are much lower than those in places such as Spain and France.
The official figures from Turkish tourism ministry showed that between January and May 2008, the country attracted 7.3 million visitors which are 15 per cent higher than the amount recorded at the same point of 2007. The increase in the number of vacationers is likely to have positive impact on demand for temporary lodgings, allowing property investors to collect higher rental yields.
Social BookmarkingSunway Travel has revealed that increasing number of people from Ireland is looking to take holidays in the country this summer. The amount of bookings for trips to Turkey is about five per cent higher than at the same time last year.
Tanya Airey, managing director of the company, told the Sunday Business Post that this is mainly due to the warm climate of Turkey. The recent poor weather and memories of last summer's downpours has made many people chose to book last-minute holidays in order to escape from this year's poor weather. She further said that the various financial issues such as the rising cost of living are also failing to deter Irish consumers from taking a break overseas.
The weakness of the pound against the euro has made the financially-stretched Britons can still enjoy bargains and affordable prices in Turkey, as prices are much lower than those in places such as Spain and France.
The official figures from Turkish tourism ministry showed that between January and May 2008, the country attracted 7.3 million visitors which are 15 per cent higher than the amount recorded at the same point of 2007. The increase in the number of vacationers is likely to have positive impact on demand for temporary lodgings, allowing property investors to collect higher rental yields.
Labels: Holiday-property, Property-prices, Tourism
posted by EstatesNewz, 6:34 AM
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Turkish property offers bargain prices
Saturday, June 21, 2008
Holidaymakers and property investors could find good value for money as Turkey offers low prices and very favourable exchange rates.
Property in Turkey can cost you as little as £19,000 for a holiday home. Furthermore, it is said that the cost of property in some areas is about half the cost of property in Spain. Turkey is also praised for its good-quality infrastructure, amenities and climate. The improved accessibility could make the region a viable location for prospective holiday home owners to consider.
Stuart Malloy, who recently bought an apartment at Didim, commented that he is amazed by the low prices in Turkey. The relative cheapness of homes in Turkey is a contributing factor for its overwhelming popularity. These factors, combined with its comparatively low cost of living, are said to make it perfect for overseas property purchasers, especially retirees.
ShelterOffshore.com remarked that Turkey might well be a good nation to consider for overseas investors as it is an emerging market, house prices are raising at a substantial rate, therefore creating strong capital growth potential.
The Guardian has recently recommended Turkey as good option for property investors and it described the country as "bargain bagger's bliss".
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Property in Turkey can cost you as little as £19,000 for a holiday home. Furthermore, it is said that the cost of property in some areas is about half the cost of property in Spain. Turkey is also praised for its good-quality infrastructure, amenities and climate. The improved accessibility could make the region a viable location for prospective holiday home owners to consider.
Stuart Malloy, who recently bought an apartment at Didim, commented that he is amazed by the low prices in Turkey. The relative cheapness of homes in Turkey is a contributing factor for its overwhelming popularity. These factors, combined with its comparatively low cost of living, are said to make it perfect for overseas property purchasers, especially retirees.
ShelterOffshore.com remarked that Turkey might well be a good nation to consider for overseas investors as it is an emerging market, house prices are raising at a substantial rate, therefore creating strong capital growth potential.
The Guardian has recently recommended Turkey as good option for property investors and it described the country as "bargain bagger's bliss".
Labels: Property-prices
posted by EstatesNewz, 9:48 PM
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Population growth has positive impact on Turkish property prices
Monday, June 9, 2008
Ian Jones, director of investment for Cordea Savills has said that property prices are likely to rise all the time due to the steady growth of the Turkish population. He persuaded investors to invest in property in Turkey because this suggests conditions are ideal for further upward movement in the housing market.
He explained the reason behind the prediction that the population of Turkey is of 70 million people with half of them under 30 and with an average annual population growth is one per cent.
The Independent has reported that that Turkey is becoming popular because their housing markets are growing at a substantial pace. The house prices went up by 20 per cent last year, while its property values are comparatively cheaper than other European countries. Consequently, Turkey could be a perfect destination for overseas investors, as there is greater demand for property for sale; a profitable resale is much more likely.
Property experts believe that Turkish property market is likely to continue expanding at a substantial rate during the next few years. Investors could grab a potential bargain once they enter the market early, as the future sale price will be significantly higher.
Social BookmarkingHe explained the reason behind the prediction that the population of Turkey is of 70 million people with half of them under 30 and with an average annual population growth is one per cent.
The Independent has reported that that Turkey is becoming popular because their housing markets are growing at a substantial pace. The house prices went up by 20 per cent last year, while its property values are comparatively cheaper than other European countries. Consequently, Turkey could be a perfect destination for overseas investors, as there is greater demand for property for sale; a profitable resale is much more likely.
Property experts believe that Turkish property market is likely to continue expanding at a substantial rate during the next few years. Investors could grab a potential bargain once they enter the market early, as the future sale price will be significantly higher.
Labels: Market-Trends, Property-prices
posted by EstatesNewz, 4:22 AM
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Property prices on Turkish Riviera predicted to rise
Wednesday, June 4, 2008
Turkish Daily News has reported that Turkey is becoming popular with tourists from across Europe and with overseas property buyers.
The Daily Mail has stated that during the last five years, house prices in the most popular areas have gone up by about 25 per cent a year. This indicates Turkey offers strong investment potential to those who wish to sell a house on at a profit. The cost of property is still well below the levels of similar resorts in other popular holiday destinations such as Greece, Spain and Italy. Turkish daily news further said that Prices will raise enough to give Spain's Mallorca and France's Saint Tropez regions run for their money.
Recent statistics reveal that FTB's from the UK are increasingly snapping up properties in Turkey. This is because FTB's can enter the market at a price which compares very favourably with those in Britain. In addition, the potential for capital growth and earning strong rental yields means such a purchase is highly lucrative.
This comes after Times said Holidaymakers could find good value for money if they visit Turkey. The huge influx of tourist’s results in significant investment in popular tourist destinations and property prices are being pushed upwards.
Social BookmarkingThe Daily Mail has stated that during the last five years, house prices in the most popular areas have gone up by about 25 per cent a year. This indicates Turkey offers strong investment potential to those who wish to sell a house on at a profit. The cost of property is still well below the levels of similar resorts in other popular holiday destinations such as Greece, Spain and Italy. Turkish daily news further said that Prices will raise enough to give Spain's Mallorca and France's Saint Tropez regions run for their money.
Recent statistics reveal that FTB's from the UK are increasingly snapping up properties in Turkey. This is because FTB's can enter the market at a price which compares very favourably with those in Britain. In addition, the potential for capital growth and earning strong rental yields means such a purchase is highly lucrative.
This comes after Times said Holidaymakers could find good value for money if they visit Turkey. The huge influx of tourist’s results in significant investment in popular tourist destinations and property prices are being pushed upwards.
Labels: Property-prices
posted by EstatesNewz, 10:29 PM
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Office space in Istanbul multiply in value
Wednesday, February 27, 2008
Property prices are expected to start a rapid acceleration in Istanbul. Everything is perfect for the investors to invest in this major metropolis.
The Chamber of Istanbul Public Accountants and Financial Advisors (İSMMMO),
Done a research titled "Turkey doubles its Value," states that investment in land became good investment vehicles for investors as it yields are more than that of gold. The study notes that gold prices witnessed more than three-and-a-half times rise, and inflation three-fold. Meanwhile, the price of residential spaces has increased 7 to 20-fold post 2001 economic crisis. The study showed that the construction sector is forging ahead, the rental costs of office spaces have also surged upward and a massive 120 percent increase in the last three years.
Istanbul's Pendik Velibaba, Bağcılar and Başakşehir districts offer cheapest housing YTL 1,000 per square meter .property investors can buy a home in Istanbul for between YTL 80,000 and YTL 90,000 ($68,400-77,000) and those were being sold for between YTL 7,000 and YTL 10,000 ($6,000-8,500) in 2001-2002 .Istanbul Real Estate ranks the highest in terms of total returns mainly due to expected capital appreciation on property in Istanbul. Prestigious new builds have become quite popular in the last few years. The cost of residences were 100,000 ($86,000) three years ago, and now priced more than YTL 300,000 ($257,000).The luxury comes at a price as One square meter of the lofts apartments can go for $10,000 today.
Prices of office premises has soared up as more number of foreign businesses are establishing bases in Istanbul and all professionals and workers who in turn require respectable accommodation to buy and let. This demand fuels the investment and excitement among investors, inflating rental yields and pushing up residential and office property prices.
Social BookmarkingThe Chamber of Istanbul Public Accountants and Financial Advisors (İSMMMO),
Done a research titled "Turkey doubles its Value," states that investment in land became good investment vehicles for investors as it yields are more than that of gold. The study notes that gold prices witnessed more than three-and-a-half times rise, and inflation three-fold. Meanwhile, the price of residential spaces has increased 7 to 20-fold post 2001 economic crisis. The study showed that the construction sector is forging ahead, the rental costs of office spaces have also surged upward and a massive 120 percent increase in the last three years.
Istanbul's Pendik Velibaba, Bağcılar and Başakşehir districts offer cheapest housing YTL 1,000 per square meter .property investors can buy a home in Istanbul for between YTL 80,000 and YTL 90,000 ($68,400-77,000) and those were being sold for between YTL 7,000 and YTL 10,000 ($6,000-8,500) in 2001-2002 .Istanbul Real Estate ranks the highest in terms of total returns mainly due to expected capital appreciation on property in Istanbul. Prestigious new builds have become quite popular in the last few years. The cost of residences were 100,000 ($86,000) three years ago, and now priced more than YTL 300,000 ($257,000).The luxury comes at a price as One square meter of the lofts apartments can go for $10,000 today.
Prices of office premises has soared up as more number of foreign businesses are establishing bases in Istanbul and all professionals and workers who in turn require respectable accommodation to buy and let. This demand fuels the investment and excitement among investors, inflating rental yields and pushing up residential and office property prices.
Labels: Istanbul, Office-space, Property-prices
posted by EstatesNewz, 1:45 AM
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