World Bank announces £250 million loan to Turkey

World Bank announces £250 million loan to turkey to support economic reforms and boost employment. This really is the time to invest in this fascinating country.

Turkey is an emerging country with a big future. The recent announcement of the huge financial boost of £250 million from the World Bank to support economic reforms and boost employment can only help to strengthen the economy and in turn its property market.

“This is tremendously important news”, says Robert Nixon, Director of UK Operations of Nirvana International. “As a company we specialise in the luxury home market in Turkey and our clients have been seeing 2% increases per month, on their homes over the course of the last 2 years. Whilst property markets always vary, knowing that there is such a financial input from the world bank can only help to consolidate and strengthen the property sector”.

Nirvana Homes, winner of numerous prestigious awards for design and quality of build, are currently marketing an exceptionally attractive development called The Augustus Country Club.

Located close to the town of Belek, Antalya on the Turkish Riviera, this exceptional development, built on a peninsular with easy access to the warm waters of the Mediterranean, has been built using traditional forms and details of Turkish domestic architecture. The intimate lanes, secluded neighbourhoods, fountains, pools and beautiful landscaped gardens have been architecturally woven together to create a secure and private environment creating a true sense of community.

Within easy reach, (about 15 minutes), are eight championship golf courses( Nick Faldo/Colin Montgomery), pretty sandy beaches ( about 8 minutes), ski resorts ( about 90 minutes). There are a number of marinas in the vicinity.

The Augustus Country Club offers –
Seven swimming pools
Two tennis courts
Golf, pitching, chipping and putting greens
Golf driving range nets
Table tennis
Pool tables
Café/sports bar
Outside relaxation areas plus boutiques, supermarket, restaurant and poolside bar.

There is also a magnificent spa and indoor pool which has also been built in a traditional Turkish architectural manner making it spectacularly memorable.

Built below ground with an elegant glass atrium it complements the spa complex of gym, sauna and steam room. Heated, the 25 metres pool, offers year round enjoyment.

“This has been a long term project to create something really special”, continues Robert, “In the first five months we sold 60 units and those who bought in the first phase in 2005 have seen an exceptionally good capital return in excess of 50%”

Nirvana International only deal with high quality build properties in the finest locations which is why investors enjoy the benefits of good rental return and capital growth.

“Re-sale potential is also very important when purchasing”, added Robert. “You must consider the capital realization you will receive on the day you sell. Buying a high standard property in a good area is by far the best way of achieving this aim”.

Currently available at August Country Club are handsome detached villas ranging in price from £107,000 / 160,500 euros. Built in local stone with tailor made solid timer windows with traditional Mediterranean terracotta clay tiles, they offer owners a choice of two, three or four bedrooms with en suite facilities. Homes offer spacious, 21st century style, open plan living which open onto wide terraces. The homes offer a high specification with granite work surfaces to the kitchens.

Other properties currently available include Villa Olivia, a two bedroom, semi detached villa for £107,000/160,500 euros and Villa Filix a three bedroom for £131,500 / 197,250 euros

For further information, visit nirvanainternational.com.