:: INVESTMENT OPPORTUNITY ::
Purchasing property in Dalaman would probably be the best investment you make this year.
Dalaman has been classified a New Tourism Resort and has had huge Government and Private Sector investment designated for the whole area.
The property market is alive, with new developments in and around Dalaman. Property prices are set to increase by at least 40% within the next 2 years.
Don`t miss out on this excellent opportunity to purchase your next holiday home or investment.
Turkey comes in at No. 3 on channel4.com/4homes for the best place to buy in the next couple of years!
MORTGAGES NOW AVAILABLE FOR RE-SALE, COMPLETED AND OFF-PLAN PROPERTY!!
Marina Construction in Dalaman will start in October 2007 says Dogus Group
Husnu Akhan, who is the CEO of Dogus Group which is currently constructing Altinkum Marina in Turkey said that they are going to invest $200 million in tourism developments in Turkey. In the interview for Hurriyet (Turkish Leading Newspaper), he revealed that the construction of Dalaman Marina is to start in October 2007. This investment project is expected to boost Dalaman\'s Tourism Potential
www.solmet.co.uk
Positives
1. Low costs in coastal areas
2. Moderate to high yields
3. Rapid economic growth
4. Low to moderate transaction costs
Housing prices continued to rise strongly in Turkey in 2006, following very sharp rises in 2005. Exactly how much house prices have risen is hard to tell, as Turkey publishes no official house price statistics, nor do any private organizations of realtors publish statistics.
With many new developments in progress along the coastline, the attractions of Turkey’s marvelous seashore and relatively low costs are seen to be unbeatable, once the initial fears have been overcome. In 2006, real estate purchases by foreign investors exceeded US$2.5 million, having doubled in the past two years, and increased five times in four years.
A significant boost was given to the market by Law No 5444, adopted in December 2005, which amends Article 35 of Law No 2892, and allows foreign real persons or companies to buy up to 25,000 sq. m. of real estate for residence or business purposes, which can be increased up to 30 hectares by the Council of Ministers. The new system introduced is much smoother than its predecessor. However, there are certain limitations: foreigners cannot buy lands of strategic importance, of religious or cultural importance, and must obey standard planning restrictions. But essentially property purchases are open to foreigners, on the basis of reciprocity, i.e., Turkish people must be entitled to purchase real property in the country of the foreign national buying property.
Source: http://www.globalpropertyguide.com/country.php?id=197&cid=eu


|