Turkey Recommended For Property Investment

PR Log (Press Release) – Feb 02, 2009 – Whats makes the resort of Altinkum so special you may ask?. It's simple, the resort is still in the stages of being established so long term the possibilities are endless. A few  years ago Altinkum was a small fishing village on the Aegean coast that relied a lot on tourism. The turkish government then changed laws and foreigners were able to purchase property. Attractive prices lead to many sales of apartments which in turn is bringing investors into resort and the  infastructure being improved by the local council.

The most exciting news however is the completion of the Marina in Summer 2009. Costing 52 million dollars to build it has seen many investors snapping up excellent property deals within the resort. The Altinkum marina will have a yacht club, heliport for the rich and famous to land helicopters direct on the site, a capacity for 623 berthed yachts and 600 yachts in dry dock, a yacht lift for 300 and 100 tonnes, and a swimming pool. The marina will serve mainly yachts of 75 - 150 metres long, such as mega-yachts which are increasingly in popularity on the Aegean and east Mediterranean seaboard.
There will be also a shopping centre, supermarkets, yacht equipment shops, a fitness centre and sports facilities, banks, a petrol station, restaurants and a cultural centre.
The marina will also crucially have ferryboat management for cruises to the Greek islands of Kalimnos, Kos and Leros, as well a customs post, pot authority facilities, a passport control unit.

It doesn't just end there though. Land has been purchased for a golf course between the resorts of Altinkum and Akbuk which is expected to see golfers flocking to the resort. 5 star hotels are springing up overnight and talk of the resorts first cinema is buzzing around resort. So what kind of investments are available you may ask?

8% rental guarantee apartments are available with a long term flexible payment plan to suit the customer. The rental guarantee lasts for ten years providing you with a property at the end that has dramatically increased in price as well as nearly paid for itself. Land is another option to look at, previous history has shown the increase in land prices to average 50% over two years. Of course cash buyers at present  will find themselves with even bigger discounts considering the current economical climate. Duplex apartments reduced to £37,000, villas reduced by £10,000 near the Third beach are of resort, villas reduced by £20,000 in the small subresort of Yesiltepe. Bulk purchases are available with 25% discount.

For those with no ready cash but still eager to get on the property market in Turkey, there is still investments to be had in the resort of Altinkum. Long term payment plans on Felicia Residence and Altinkum Anatolia Complex are available.  These apartments and duplexes are sold  off plan and due for completion in 2010 and 2012, giving the buyer the oppurtunity to take advantage of flexible payment plans.  Buying direct from the builder also means there is no commission to pay as well as no middle man increasing the price. The possibities are endless.

So what is the final message? Now is the best time to buy, whether it be an investment or a holiday home. Whether you are a cash buyer or looking for finance. For details of ideal properties for investments then e-mail us today.