The number of properties owned by UK citizens in Turkey rose to 12,739 from 2,420 during the same period – an increase of 426%. In total foreign nationals spent US$2.9 billion on buying property in Turkey in 2006. Briton’s share of this is expected to be over half a billion US$. These figures have been released by The Turkish Embassy in London.
As My Turkish Home completes its sixth year selling Turkish property in the coastal resorts of Didim, Altinkum and Akbuk, the Turkish property market has grown at a considerable pace. Reports currently estimate that the number of foreigners who have bought Altinkum property stands at over 10,000.
In January 2006 the new foreign ownership of property law in Turkey was signed off, heralding what promises to be an exciting future for those seeking to invest in a burgeoning market place. Altinkum offers a diverse range of properties to choose from - smart 'city' centre apartments, small, private pool complexes, large individual detached villas, village style complexes... And with Akbuk emerging as the 'countryside' alternative to Altinkum, there promises to be something for everyone. Read more...
Altinkum has been a special Turkish holiday resort for many years. Today its growing popularity and fast developing infrastructure makes it one of the most sought after places to stay in Turkey. Renowned for its sandy beaches, there is actually an unknown quality in the Altinkum air that draws visitors back year on year – often several times a year. Many people have taken advantage of the reasonable property prices, investing in holiday and second homes. There is now a small but growing community of British residents making their lives in this tiny corner of Turkey.
Nearly 2 years ago we were introduced to My Turkish Homes (MTH) by friends who had visited Altinkum and chosen to purchase property through MTH after visiting many estate agents. We explained what we wanted to see in the area and were immediately impressed by the professional and friendly way we were dealt with by Yildiray, Kate and their team.
As a result of their help and advise we purchased an off-plan apartment in Yesilkent. We took possession of the apartment in June last year and it was built to time scale and to the specification promised.
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