Turkey Property Homes Blog

With its wonderful landscapes, inviting climate and historical background, Turkey has long been a popular tourist hot spot. So popular, in fact, that many visitors have inquired about buying property there. Until recently, though, if you were a non-resident then you could only buy a property in Turkey if you paid cash. However, with recent changes in legislation due to the rise in inflation, you can now take out a Turkish mortgage and make your dream of living in the sun a reality.

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Financial Dimensions (FD) plans to invest 200 million dollar in Turkey over three years, starting in Bodrum in cooperation with Günyap Construction with an investment amount of 50 million dollars.. The project called Bay Peninsula includes 57 residences to be built on 90 thousand square meter property in the first stage of the project. Seventy percent of the residences are sold already.Financial Dimensions (FD), a leading company in London active in the finance, asset management, real estate and project development sector, has completed most of the sales of the 57 residences in the prestigious project called ‘Bay Peninsula’. Tunç Güven, the corporate customer service director of Financial Dimensions, said they select buyers of the residences in this joint project with Günyap Construction on a common culture criteria. “From tailoring to clean-up, we will provide all possible services and with our Concierge concept we want to stress our distinction,” Güven said. “With this project we plan on investing 200 million dollars in Turkey over a period of three years.”

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This complex has got more than 900 plots of land to build up to 5 bedrooms Villas .(with site’s standard property type.). Each plot is 700 square meters . There is big communal swimming pool, shops, restaurants , bars ,tennis court ,playing areas. etc. The complex is 4000 meters to the beach. There is also a bus service to Akbuk and Altinkum town center.

There is already more then 200 properties that are already completed, More then 80% of the plots are already sold.

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You could have one of these beautiful Villas built any where in Didim, Altinkum, Akbuk or Yesilkent. Built from scratch, four months to completion. But if you don’t like these areas and you fancy some where else in Turkey, then we can cater for your needs. At the moment we have these bungalow style Villas located on the hillside over the medieval hilltop village of Herakleaia and of course the Aegean Sea. This Provencal style villa has its own gated grounds with crystal clear swimming pool.

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Turkey Property Homes proudly presents: A Touch of Paradise country club. Set in the town of Akbuk these beautiful Villas and Apartments are built around a country club concept. These exclusive properties will be nestled in olive groves surrounded by mountains over looking the Aegean sea.

These developments will mainly consist of villa houses, detached and semi detached, along with a small compliment of 2 bedroom apartments and duplexes (Penthouses). They come with fully fitted kitchens and bathrooms, air conditioning, balconies and terraces. The complex will have all the amenities, restaurant, bars, local store, sports and spa facilities, communal and private pools. Other activities will include, tennis, bowls, pony trekking and water sports. It is also easy access to Altinkum which has many cultural and social activities, whether it be local cuisine or enjoying a sense of history by visiting the ruined Roman city of Ephesus.

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Good morning.
Today I would like to respond to another question related to real estate sales agreements. Actually it begins to look like it may be a good idea to make a real estate file during the month of May. I am planning to write about the steps involved in buying property in Turkey. Such a real estate file may help investors as a basic guideline for their investments in Turkey.

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Turkey is significantly cheaper than any other popular European destinations, but still you can enjoy a high standard of living. Buying villas or apartments in Turkey, has a huge potential value growth for your investment.

When buying “off-plan”, you get your property at around 25% below market value. The reason properties are offered initially at such a low price is to attract individuals who are in no hurry to take occupation but realize the significant savings of early purchasing. Not only that but you will have no agency fee’s to pay which normally around 3%, so in affect you’ll be saving yourself 28%.

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I read an article in the Turkish seller, about the impact the new mortgage has on Turkey. Now that the Turkish mortgages are available it as made it easier for the Turks and the British to invest in Turkish property. Just follow the link to read the full article:

Turkey Mortgages

altinkum, Didim, invest, Property, turkey

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Altinkum is building an exclusive new hotel, “Didim Beach Elegance” will feature 120 guest rooms, a fitness suite, and heavy emphasis on families. It will boast plenty of entertainment for children, which will include, dedicated Play station rooms and a children’s play area.

On the Ground floor of the hotel, it will also feature state-of-the-art spa facilities, a cinema, auditorium, a restaurant, bar, exclusive boutique shops.

Plans are also under careful consideration to integrate an American-style fast food operation on the site.

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1. Turkey has started the process of joining the EU, which is the way forward to the contribution for the property market.

2. Turkey also has a large expanding tourism industry, that is showing no signs of slowing down. In February 2007 tourism jumped to 25.67 percent compared to 12 months ago, which reached an impressive 787,405.

3. The value of Turkish properties is expected to appreciate by 50% especially in beach front areas and the forecast for the next two to three years could reach 100%

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