Property investors flock to Turkey

Astute property investors are well aware that a country that is leading the way in tourism will follow with an increased value in property. This can be seen clearly in Turkey where major tour operators and some of the world’s top hoteliers are clambering to be a part of this new era.

Thomas Cook has chosen the Xanadu Resort Hotel in the Mediterranean resort of Antalya as the “worlds best hotel in select hotel category.” This was based on customer satisfaction covering more than 10,000 hotels, worldwide. This particular hotel topped the list of 100 select hotels in the world and with 19 million tourists travelling with Thomas Cook annually, the company is well placed to understand where people want to visit and the calibre of hotel they require.

Many visitors become home owners and property investors are aware that by buying now, whilst prices offer exceptional value compared to other more established holiday resort locations such as Spain, they should reap excellent capital growth rewards and good rental returns.

According to the Anatolia News Agency, two Turkish hotels have been listed among the world’s 10 best hotels chosen by TUI the world’s largest tour operator. These are the Delphin Deluxe Resort and Barut Hotel Lara Resort Spa and Suites.

In addition the Hilton empire is to expand into Turkey with 15 new hotels over the next five years in locations across Turkey.

“These factors are of enormous importance to buyers of property whether as an investment or family holiday home”, says Robert Nixon, Director of UK Operations for Nirvana International, specialists in property in Turkey and winner of many prestigious awards.

“With such large companies committing to major financing it gives buyers a feeling of stability borne from a realisation that Turkey has every intention of turning itself into a major force on the world’s property market.

With new airports scheduled to open, major championship golf courses available and superb planning laws aimed at protecting coastal resorts, Turkey is without a doubt a superb place in which to invest particularly bearing in mind that on average a home costs three times less than an equivalent property in Spain. With property values rising at around 20% per annum it is not surprising that there are already over 62,000 foreign owned properties in Turkey of which over half are believed to be British”.

Currently available through Nirvana International:-

Augustus Country Club – close to the town of Belek, on the Turkish Riviera. Excellent facilities including seven swimming pools, two tennis courts, golf, putting, café/sports bar, shops, restaurants and superb spa. Wide choice of properties starting from £107,000/160 euros for a detached villa. Choice of two, three or four bedrooms with en suite facilities.
Luxury detached four bedroom, three bathroom detached villas start from around £175,000/252,237 euros.

Kalkan Harbour, Kalkan
Villa Superior. Exceptional detached house with infinity pool and breathtaking views. Three bedrooms, three bathrooms. Open fireplace, stone vanity tops, marble floors and granite work surface. Just 250 metres from the beach. £399,000/598.500 euros.

The Hills, Dalaman
Pine Tree Bungalows. Five luxurious bungalows each with a natural stone tower. Every property has 138 sq m of living space including three double bedrooms, one of which is en suite, two bathrooms, open plan fitted kitchen, dining room and round shaped lounge with fireplace. The property comes with air conditioning in every room, terrace and built in BBQ. Each home has a private swimming pool.
Within the complex there is access to sauna, fitness centre, Turkish bath, café/bar, central satellite system, wireless internet connection, playground, 24 hours security. Close to beach and town of Dalaman 15 minutes away.
Available from Dec 2008. Selling off plan now. Prices from £139,000/200,348 euros.

Villa Caesar in Augustus Village near Antalya is on the market for £795,000. This is a unique home of superb proportions and magnificent specifications. Zero carbon rated, the villa has recently been recognised by the industry for its innovative and creative attention to creating something truly spectacular. The property is one of the only properties in Turkey to win 5 international awards.

For further information, visit nirvanainternational.com.