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Turkey’s tourist intake increases

30th July 2008 Print
Property Investors and overseas home-buyers alike can turn their backs on the doom and gloom of the UK ‘credit crunch’ and face the golden opportunities and sunshine of Turkey with renewed confidence and excitement, as the Tourism Ministry announced a massive 19.17 per cent increase this June in the number of foreign visitors there – a rise of nearly four million tourists in the first half of the year, compared with the same period last year.

With the vast majority of savvy investors shying away from the over-saturated, precarious Spanish property market, and taking into consideration the poor euro to pound exchange rate and increasing costs of living in mainland Europe, Turkey’s imminent, yet not current state of EU membership, is acting as a real bonus for anyone thinking of approaching the first rung of the property ladder or indeed investing in the future.

Offering apartments from under £20,000, the luxury Lifestyle Residence development located in the much sought-after coastal area of Altinkum, is a fantastic opportunity to invest off-plan in a prime slice of Turkey real estate while prices remain so temptingly low and affordable.

The Lifestyle Residence consists of 96 spacious apartments with balconies and a convenient lift in every block. Each boasts the latest modern conveniences, free white goods, 24-hour security and all are privy to breathtaking garden, pool and sea views. The resort is situated just one hour from the airport and a mere ten-minute walk from a stunning stretch of white, sandy beach, the turquoise blue Aegean Sea and the myriad of superb amenities that the bustling town of Altinkum itself has to offer. First-class onsite facilities include; two swimming pools, Jacuzzi, gym, sauna, poolside café bar and games room (with pool table) to complete the picture of the ultimate holiday haven.

Turkish Golden Sands is a fully licensed Estate Agency and Construction Company situated in Altinkum, and has a dedicated English and Turkish team who can assist with the whole process of purchasing property in Turkey. The Lifestyle Residence development offers various types of accommodation to suite all tastes and budgets from one-bedroom apartments from £19,450, through to four-bedroom apartments from £44,500. There is an easy payment plan in place where upon buyers can pay 30 per cent of the purchase price within the first six months and the rest on completion. If paid in full at the start there is a five per cent discount.

There are also various other options and flexible payment plans available for the Lifestyle Residence, where payments can be paid monthly throughout the construction period. Apartments can be reserved for £500 – which is fully refundable should you decide not to go ahead with the purchase.

It is important to note that Turkish Golden Sands have just announced that the first price increase for Lifestyle Residence will be on 20/08/08 but any property reserved before this date can be fixed at the current price.

The completion date for phase one of the Lifestyle Residence is 01/09/2009, and for phase two the date is 30/06/2010. Inspection trips cost just £150 per person – which will be refunded upon purchase of a property. This price includes flights, airport transfers and accommodation. This is an incredible and timely opportunity to rise above the credit crunch and watch your investment flourish and grow under the warmth of the idyllic Turkish sun.

For more information, visit