Country: Turkey
12 November 2008
The fast emerging seaside city resort of Alanya, Turkey, situated on the southern Mediterranean coast, is trying to lure more British second homeowners, by constructing a range of new and improved residential schemes.
With the European property markets generally sluggish and the UK pound currently at an historic low against the euro currency, more British holiday homeowners are looking further afield to countries like Turkey, to avoid the more expensive eurozone.
The Turkish economy, which is partly reliant on both tourism and property, appears to be well equipped to withstand the global financial calamity, after recovering from its own crisis in 2001.
Turkey’s economic strength, combined with a general housing shortage, hopes of joining the European Union and a maturing mortgage market, is currently driving property prices upwards.
Nevertheless, the overall standard of accommodations in some parts of Turkey, including Alanya, remains somewhat inadequate. However, new much needed residential schemes are now being constructed.
The Hill, for example, which is currently being built in collaboration by respected developers Koray and BPI, in Konakli, Alanya - shortlisted for Best Development Turkey at this year’s Homes Overseas Awards – has taken residential architecture in the region to a new level.
Located on the hillside, the development will feature a selection of modern one, two and three-bedroom apartments a stone's throw from the beach. The project will also include landscaped gardens, a pool area and access to spa facilities. Completion is earmarked for the tail end of 2009.
Property prices at The Hill are not cheap however. Apartments start from £89,000 for a one-bedroom apartment and range up to £217,500 for a three-bedroom penthouse. Andrew Hawkins, head of Chesterton International, the appointed estate agent for The Hill, says: “Turkey is an excellent choice for people looking for an exotic destination with a European outlook. The weather is spectacular and the area offers a wide range of year-round facilities and amenities.
“The Hill is being developed by a prestigious Turkish firm, so buyers can be assured that they are buying a top-quality holiday home that more than compares with similar resorts in other countries, at a lesser cost.”
Price: £15,000
Type: Land
Full Description: 354m2 land on hill in Akbuk, Aydin.354m2 land in Akbuk, suitable for residential use.Permission to build on 15% of land.Fantastic views over Akbuk.
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Full Description: Plots of land in Akbuk 275m2 close to Akbuk sea front with planning permission for semi-detached 2 and half storey villa - 700m from sea front.Permission granted to build on 15% of land.Prices start from GBP 15,000
Price: £18,000
Type: Apartment
Bedrooms: 1
Anatolian Residence is being sold off-plan – an opportunity to spread payments and buy in to a luxury holiday complex at incredibly low prices.
Price: £19,500
The Town Centre Apartments are an ideal opportunity to buy-in at a superb price, in a “bang-on” central location. The apartment building consists of 1, 2 and 3 bedroom properties, which will be ideal buy-to-lets or permanent homes.
Price: £19,750
Full Description: 4 * 310m2 plots of land Aretma, near Isik Sitesi, Apollo temple, Didim.4 plots of land 310m2 each in Apollo temple area, near Isik Sitesi, Didim, with planning permission to build semi detached villa on each plot.220
Price: £19,900
City Views Complex is a new development of 30 one, two and three bedroom apartments in Didim Town Centre.All permissions have been obtained and land has been prepared in spring 2010. Construction starts in May 2010.
Price: £19,950
Full Description: 200m2 land Yesilkent Way, Altinkum – 15 minutes from Altinkum main beach.Planning permission granted to build on 20% land – 2 and half storey semi detached villa.GBP 19,950
Price: £19,995
Full Description: One bedroom first floor apartment with shared swimming pool in Apollo temple area of Didim.Apartment has open plan kitchen and living room, 1 bedroom with balcony and family bathroom with electric boiler.220
Price: £20,000
Full Description: 250m2 land suitable for commercial or residential use, 40% planning permission, 3 and half floors.Sea views.GBP 20,000.
Full Description: Akbuk land 300m2 Belkop 300m2 land close to Akbuk sea front with planning permission for semi-detached 2 and half storey villa .Permission granted to build on 15% of land.GBP 20,000
Price: €384,435
Bedrooms: 3 Bathrooms: 2
Spacious, furnished villa in quiet cul-de-sac with beautiful mountain views. Air conditioning units throughout.
Price: €430,000
Bedrooms: 2
Palheiro Estate, Funchal: Spacious, light interiors, extensive external terraces set in landscaped gardens.
Prices from: £147,200
Bedrooms: 2 & 3
Off-plan in Fuseta, Olhao. 30 two-bed, two-bath apartments & 20 three-bed, three-bath semi-detached villas.
Price: €270,000
Bedrooms: 3
Close to amenities, golf, tennis & schools. Walking distance to shops. Roof terrace, courtyard.
Price: €199,820
Bedrooms: 2 Bathrooms: 2
Ground floor, in quiet residential area, spacious balcony with sea views. Basement parking. Near golf course.
Prices from: €244,000
Semi detached, 200sq m, 2 ensuites, aircon, large balcony, bay views, fitted kitchen, garden area & garage.
