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TheMoveChannel's New Property
Investment Opportunities- Altinkum, Turkey
The small resort of Altinkum, blessed with three
golden beaches, has become a popular destination for
both local and foreign tourists. TheMoveChannel.com,
the international property portal, highlights
current Turkish property opportunities.
Altinkum, Turkey - The small resort of Altinkum,
blessed with three golden beaches, has become a
popular destination for both local and foreign
tourists. TheMoveChannel.com, the international
property portal, highlights current
Turkish property opportunities.
Property prices in Altinkum remain reasonable
compared to the rest of the country and with the
influx of foreign tourists and investors, especially
British, German and Russian, the area continues to
flourish.
There’s a great opportunity to buy one of two semi
detached four bedroom villas in the beautiful Aegean
coastal resort of Altinkum in Turkey.
The villas are close to all local amenities and are
only a 15 minute walk to the new planned golf course
and marina road. Once the golf course and marina
open within two years, these villas are expected to
increase in price by at least 25 per cent. Purchase
price £69,500.
This detached three bedroom villa with stunning sea
views is located in a private complex, with its own
beach, located in a popular area of Altinkum.
Purchase price £110,000.
Location
The resort town of Altinkum is located in the
district of Didim on the shore of the Aegean sea of
western Turkey.
The town can be reached from Bodrum and Izmir
airports, which are both less than two hours away.
The name “Altinkum” translates to “golden sands” and
the town lives up to its name with three smooth,
golden beaches, which are extremely popular with
both British and Turkish tourists.
Background
During the early 90s, Altinkum became popular with
tourists from large cities around Turkey such as
Istanbul, Ankara and Izmir, who came to the small
town and started to build their own summer houses
there.
When Turkey’s economy started to decline and living
in major cities became more of a financial burden,
many who owned summer homes in Altinkum decided to
move there and make it their primary residence.
This influx of new residents helped Altinkum’s local
economy and the growth and development of the town.
Lifestyle
The locals in Altinkum have a reputation for being
charming and friendly and the area has a relaxed and
laid back vibe.
Altinkum has a typical Mediterranean climate with
mild winters and gloriously hot summers, with
temperatures sometimes exceeding 30°C (86°F) in July
and August.
Altinkum has three principal beach areas – First,
Second and Third Beaches. The First beach is the
focal point of the resort, being the most
accessible. All three beaches are served well by
restaurants and bars.
The area is a great place for water sports with
waterskiing, sailing, windsurfing and diving
available.
The new Didim Marina project, expected to be
completed in 2009, will be the largest on the coasts
of Turkey, and provide visitors with an American
style shopping centre and amenities, including
restaurants, gym and fitness centre, heliport and
accommodation for around 1,000 yachts.
Culture vultures should head to nearby Didim, where
there is an ancient temple dedicated to Apollo.
There are also organised day trips to Ephesus, one
of the best-preserved classical cities in the world,
and Pamukkale, which is an amazing area of
white-washed hot springs.
Altinkum comes alive at night with a fine selection
of night clubs, discos, bars and restaurants to
choose from.
Altinkum Property Scene
Altinkum has seen some major changes in the property
market over the last few years.
The construction of the large marina, which when
completed is expected to hugely increase the number
of visitors to the area, and plans for land
development and new golf courses, have attracted the
attention of property investors en masse.
Dan Johnson, Managing Director, comments:
“With the relaxation of foreign ownership
restrictions and a more flexible mortgage system,
Turkey is trying to encourage more foreign
investment as the country strives harder for EU
inclusion.”
For more information on Turkish Properties in
general please visit
http://turkey.themovechannel.com/
- ENDS –
Notes to editors:
TheMoveChannel.com is a property website that was
founded in 1999 as an online resource for buying,
selling and learning about property. It now receives
as many as 300,000 visits per month and advertises
over 50,000 properties in nearly 90 countries, which
are listed by over 500 partner organisations.
http://www.emailwire.com/release/17013-TheMoveChannels-New-Property-Investment-Opportunities-Altinkum-Turkey.html
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