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Invest now. Turkey is "a real bargain".

Wednesday 2009 16th , 2009

It has recently been declared that Turkey is rapidly becoming an ideal opening for overseas property investors.

Last month, the town of Bodrum on the Turkish peninsula was recognised as an ideal location for property investment. The town thrives on its sunny Mediterranean climate and convenience as it located near to Bodrum's international airport. Among other attractions is its exquisite range of wildlife, natural beauty and leisure activities including water sports, golf and yachting.

Furthermore, Michael Axelrod, mortgage specialist with Conti Finance, stated that Turkey is "rising fast, becoming one of the top investment destinations in 2010". His firm has noted a 65% increase in the number of applications for homeowner loans in Turkey, especially since the country is not yet a member of the EU and therefore provides an advantageous exchange rate for sterling buyers. Investing in Turkish property has in fact claimed to be "a real bargain".

Mr Axelrod also commented that more than 30 million tourists are expected to visit Turkey this year. This provides excellent prospects for rentals investors and property owners since lettings will be in high demand. In addition, rumours regarding falling property prices in Turkey have recently been dismissed, it has been stated. Investment prices are likely to increase over the coming years and those considering purchasing property in Turkey have been encouraged to act promptly.

It has also been recommended to target an established and guaranteed property developer who offers top-quality, high-end construction with no expense spared. The developer should ideally provide an opportunity to visit the property in order to certify the standard before investing.

Turkey: The Ideal Destination for Keen Golfers

Turkey has been internationally recognised as the “Best Golf Destination in Europe 2008” by the International Association of Golf Tour Operators, beating competing countries such as Spain and Scotland. The charming Mediterranean country, which enjoys an average of 300 days of sunshine a year, has been described as a “golfer’s paradise” due to its high-quality, superbly maintained golf courses, many of which are suitable for championship-standard competition.

To confirm Turkey’s renowned golfing status, the 2010 European Challenge tour and the 2012 World Amateur Golf Championship will both be held in Turkey over the coming years.

However, golfing is merely one of Turkey’s highly attractive qualities; its uninterrupted coastline and stunning beaches set it aside from other Mediterranean destinations both for luxury travel or permanent residence. The highly advantageous exchange rate with the sterling would make the purchase of Turkish property an ideal investment, especially since renting is in high demand both in and out of season.

Bodrum, home of the new 18-hole Vita Park Golf Resort and the Blue Ocean Golf Resort, is the epitome of a luxurious holiday destination and is renowned for its natural setting of pine trees and olive groves. As well as golf, it offers an extensive range of activities, including yachting, scuba diving, windsurfing, bird watching, walking and discovering the region’s exquisite culture and history.

Located only 10 minutes from the Blue Ocean Golf Resort, Cumberland Properties’ Woodland Regency development has been identified as an ideal investment for both keen golfers and holiday-makers. Set in the heart of tranquil woodlands, the exceptionally-built villas and apartments are in extremely high demand. The development boasts two large, communal swimming pools, a golf putting area and outdoor playground, an exclusive spa and fitness area and 24 hour security. Bodrum airport offers regular all year round flights from all major cities across Britain and is just 30 minutes from the Woodland Regency complex.

For more information visit:
Cumberland Properties

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