Hey Guys,
Altinkum in Turkey, has only recently been the front runner for overseas property investors. It has this advantage over better known holiday resorts such as Bodrum and Marmaris, meaning property prices are still low - at an estimate, like for like prices show a margin of as much as 40% in some cases.
Not only is property cheap but their is guaranteed sun, clean beaches and helpful friendly locals.
At this moment, Turkey is preparing new laws and regulations in order to become a full member of the EU. This process could take as long as 15 years. After that the prices of real estate will rise even more quickly than now, bringing property prices in Turkey to a level with everywhere else in the EU. Ultimately leading to mortgages for tourists. As you and I know this is the time to buy.
Altinkum is a beach resort situated in Didim on the west coast of Turkey. A pleasant holiday resort. Simpler than Kusadasi, Marmaris and Bodrum. Originally Altinkum was a small fishing village. At present 5 ? 8,000 properties have been sold to British in Altinkum and yet still going strong. 3 years ago a 2 bedroom flat would have been ?8,000 that same flat today would be worth between ?25 ? 30,000. Yet still property prices are rising.
Cheers
Clayton

Hi Clayton,
Turkey, just behind China, is the second fastest growing economy in the world, with a 33.5 percent cumulative increase in real GDP in the last four years.
What makes this performance even more remarkable is that it has come along with rapid disinflation to single-digit territory when energy prices hit a new peak.
Productivity revival, thanks to prudent policies and structural reforms stabilizing the macroeconomic landscape and forcing economic agents to focus efficiency, is the key factor keeping Turkey's non-inflationary growth on track, according to a report yesterday by Morgan Stanley economist Serhan Cevik.
Labor productivity, measured by output per hour worked in the manufacturing sector, accelerated to an annual rate of 8.4 percent in the last quarter of 2005 and reached 38.5 percent, on a cumulative basis, in the post-crisis period. In turn, the elevated trend productivity growth rate, pushing the economy's production frontier to a new plateau, has helped Turkey's journey towards price stability.
Disinflation has come, as expected, to a temporary halt, because of higher energy prices. The consumer price index posted a month-on-month increase of 0.3 percent in March, slightly lower than our projection but in line with the consensus estimate. Accordingly, the year-on-year inflation rate increased from 7.7 percent at the end of 2005 to 8.2 percent last month.
Thank you
Connor

Hi Clayton,
Serious interest by foreign and domestic investors will likely push foreign direct investment levels well beyond last year's record $9.7 billion, Economy Minister Ali Babacan said on Monday.
Time was when attracting $1 billion in FDI would have been a good year for Turkey, but expectations have grown with a burgeoning economy operating under fiscal discipline, he said. In 2003 Turkey drew $1.8 billion in FDI, followed by $2.8 billion in 2004 and $9.7 billion in 2005.
?Expert analysts now estimate that 2006 levels of foreign investment could total well above the amount recorded last year,? said Babacan.
The economy minister, also Turkey's chief negotiator for European Union membership accession talks, credited Turkey's strong economic recovery from the financial crisis of 2001 to the economic reform program implemented by the ruling Justice and Development Party (AKP) since it came to power in November 2002.
Thank you
Damien

Hey! You guys sound like you should be working here! You have all the main details in these mails - well researched fellows, obiously! Tongue in cheek offer here, from a licenced estate agency in Altinkum, Didim, for investors who want to find out more about the area, to get in touch. I won't post an advert as it seems a bit corny to me but anyone wanting to purchase through us, or even just see the area for yourselves, please send a mail and we can discuss your investment preferences with you.
Thank you!

Promoting areas is fine,Knocking others is not,

Tongue in cheek,

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Hi friends most popular area in Turkey for the overseas property purhasers is Alanya lately.If you would like to get more information about the region and properties as well as statistics from The Title Deed Office please visit our home page.

Homerealestate

Please do not leave your web site link in your posts,

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bodrum is and still remains very chic and is every popular. there are bargains still to be had if you have a good estate agent, and there is so much choice on the Bodrum Peninsula with the various destinations. You also have the advantage of the airport being there.. I can find properties for you in Altinkum if you want but there is still a prettier choice in Bodrum - so do not disregard it!! Ever thought of a new up and coming area - then think Tuzla - do you research on this new destination as you can still grab properties from approx 10 k upwards for refurb...email me if you want info!!

Sarahsellar,

Well i and many others would be very interested in where abouts in bodrum, you can find propertys for 10 k upwards,

No i am not going to e mail you,? if you want to give info!!

Please be our guest, and give it to us all,

TH4S

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tuzla area in short........can buy very cheap props for refurbish - then do as you want to them.....i havee all the contacts..