Bodrum Properties
Sports celebrities in Bodrum
January 18, 2011 by admin · Leave a Comment
Australian Tim Cahill, midfielder for the English premier league team Everton, recently bought land where he has had built an elite villa in Bodrum. He said of his villa & Bodrum, “It’s a very good property investment in Turkey, holiday home & a great place to play golf.”
Tim said, “Being a footballer you don’t always know when you’re going to be able to get away, this is ideal.”
Tim emphasised that the best option was Turkey & Bodrum, “It’s five minutes from Bodrum airport, so I can take in some sun, play a bit of golf & fly my family over from Australia for a holiday to.”
Tim explained some of the reasons for choosing Turkey; beautiful geographical location, fantastic climate – weather & beaches, good food & a great tourist industry which is booming; “It is not to far either from Galatasaray who my mate Harry Kewell plays for so I will be able to go & watch him.”
He added “I have travelled all over the world & Turkey has got to be one of the most beautiful place I have been, there are not only places like Bodrum, but Istanbul to, with so much to see; it is a great place to have a holiday home.”
Tim paid around 200,000 GBP for his property but there are many apartments & villas in Bodrum. Tim added that his Turkish villa is big & light & the living area is “summer living” to include all the comforts, which suits him being an Australian.
Tim who is interested in real estate added that it was not just about money & investment; he wanted to enjoy the luxury lifestyle as well.
Tim is in good company as Andy Johnson, striker for English premier league team Fulham, also has property in Bodrum.
If football’s not your thing & although he might be retired from boxing, Ricky ‘the hitman’ Hatton could still knock you over with his sheer enthusiasm for his latest property venture.
“I bought a villa off-plan near Bodrum in Turkey two years ago & now I want to build a training camp there as well”, says the 31-year-old former world champion.
“I’m building a stable of about 25 fighters & the place will be ideal for them. It’s hilly, which will be great for their road work, the heat will help them acclimatise for fights abroad, & the golf makes it an ideal place to chill after a fight.”
If this all reads like the familiar story of the retired fighter rushing to spend his hard-won fortune then think again — Hatton is no fool with his money.
Managed by his father, Ray, he has his own leisurewear range & is now moving into the management & promotion side of boxing — hence his plans for the training camp in Bodrum.
He has been typically canny with his property dealings. The four-bedroom, two-bathroom villa in Bodrum comes with its own swimming pool & cost just 159,000 GBP.
Up until recently Hatton lived in a modest semi-detached house in Hyde, Manchester, where he was brought up. It was only when fans took to looking through his windows that he decided on something rather more private.
So he bought a far larger £750,000 home a few streets away in Gee Cross, put in a swimming pool & games room & built a high surrounding wall.
Hatton now lets the semi in Hyde & lives in the new house with his girlfriend. He also has a holiday villa in Tenerife. Considering that he is believed to be worth around £25 million, it is hardly an extravagant portfolio.
Hatton, a fierce Manchester City supporter, has always remained true to his roots & it was family holidays in Bodrum that first brought him to the Bodrum peninsula.
“I used to come here with my parents & my brother & now that I could be described as retired from the ring, I want to spend time here with my girlfriend & my own little boy, Campbell”, he says. “I just can’t get over how much the place has changed. There are golf courses galore & Bodrum is absolutely beautiful.”
The part of Bodrum where Hatton has chosen to invest is undergoing a £4.1 billion development “Golf is the driving force behind it,” say English estate agents Savills.
“You can get phenomenal value for money in terms of property in Turkey & can also let your Turkish property ten months of the year quite easily.”
The Ankara government is behind this golfing boom. Areas have been identified for up to 100 new courses to be built by 2014 & the policy is already paying dividends.
The prices might sound low, but don’t imagine Bodrum is a cheap & cheerful part of Turkey. It is a favourite holiday spot for wealthy types from Istanbul. In Yalikavak, its plushest suburb, the prices of some modern houses start at more than 1.5 million GBP & mansions sell for 6 million GBP & above.
Investing in Turkey appears to have been a shrewd move on Hatton’s part. With its population of 73 million & growing, there is a significant shortage of housing & this should maintain demand & ensure prices continue to appreciate. The Turkish real estate & construction sector grew by 21.9% in the second quarter of 2010. These types of statistics have increased confidence in the Turkish real estate & construction sectors, & English investors are gravitating toward Turkey to take advantage after the financial crisis.
Turkey is also economically sound, having come out of the recession relatively unscathed, largely thanks to not being in the Euro-zone. It is the 15th-largest economy in the world & would be the sixth largest in the European Union if, as expected, it is granted full membership by 2020.
Turkey is the centre of attraction for property investment especially for European investors after the global financial crisis.
Is golf much of an attraction to Ricky Hatton when he visits Bodrum? “To be honest with you, I just hack around the course — I’m not very good,” he says.
“But I find it relaxing. And one thing is for sure — it’s a damn sight less painful than fighting.”
Sources: Milliyet, Haber, Daily Mail.
Bodrum Tipped As Double Rental Prospect
October 22, 2010 by admin · Leave a Comment
It has been stated that the Turkish Aegean Peninsula of Bodrum provides a dual incentive to investors.
Both buyers and investors hoping to rent out property can benefit from the fact that the area boasts both a domestic and an international market for tourist rentals.
This is due to the fact that the peninsula is the preferred Turkish holiday destination not only for the Turks but also by tourists visiting from Britain, Sweden, Denmark and Germany.
Hannah Gelbart of Cumberland Properties, a property developer that owns three developments within the Bodrum Peninsula, affirms that “more than 50% of our buyers come from Ankara and Istanbul.”
Bodrum has a great many attractions, including cultural and historic features such as Bodrum Castle and the remains of the Mausoleum, one of the seven wonders of the Ancient World. It is also famed for its stunning marina, whitewashed houses, narrow winding streets and elegant boutiques.
Furthermore, its Underwater Archaeological Museum that is housed in Bodrum Castle is recognised as the best of its type in the world. It was the wealth of marine artefacts recovered locally that originally inspired the commissioning of the museum.
Diving for antiquities remains a firm favourite amongst the more adventurous tourists. The area boasts a full range of water sports from a gentle paddle or a trip out on a pedalo – for the less adventurous – through to parasailing and scuba diving courses all that can be arranged locally.
Recent studies in and around the area have noted that crime rates are minimal, as indeed is the cost of living. English is widely spoken throughout the region. During the summer months you could almost be forgiven for thinking it was the first language.
English pounds sterling, Euros, Dollars and obviously Turkish Lira are all in circulation during the summer months and are readily accepted in most local shops and markets. Although be prepared to have your change given in Turkish Lira. The UK especially continues to benefit from superb exchange rates virtually doubling your money.
Bodrum has been recently tipped as one of Turkey’s property hotspots for buyers in 2010, along with fellow Turkish resorts Altinkum and Dalaman.
The Perfect Investment Environment
September 20, 2010 by admin · Leave a Comment
Turkey is the perfect investment environment with its unique location and proximity to markets in Europe, Caucasus, Central Asia, The Middle East and North Africa. Global investors are joining in Turkey’s economic and social growth.
In Turkey, we are observing an increase in foreign direct investment that has been spurred by the vibrant people, excellent trade networks, strategic location and the start of EU accession talks. Turkey clearly has global aspirations and is an exciting place to do business.
John Chambers, CEO, CISCO
Turkey represents a robust platform for GE Healthcare’s economic expansion in this country, as well as for the entire region. Its highly skilled manpower, geographical location, as well as its existing international partnerships make Turkey an attractive partner of choice, uniquely positioned for the future. Today, from GE Healthcare’s regional headquarters in Istanbul, we cover more than 80 countries and manage 12 direct operations. Our ultimate goal will be to design and develop innovative solutions for Turkey and from Turkey for the rest of the region.
Richard di Benedetto, President & CEO, Middle East, Africa, Central Asia & Russia
We trust in Turkey’s motivated and qualified labour force and strategic location.
Marco Milani, CEO, Indesit Company
We are running 79 countries from Istanbul and are enjoying the dynamism, diversity and availability of a high-quality work force. These attributes and more, we believe, represent big potential for Turkey, in the way of development through the effective use of technology, as well as becoming a software and services provider to other countries, particularly the EU. Microsoft Turkey will be there to support economic development and capacity building.
Jean-Philippe Courtois, President of Microsoft International, Senior Vice President of Microsoft Corporation
Turkey is ranked as being the 15th most attractive FDI destination for 2008 – 2010 (UNCTAD World Investment Prospects Survey)
Source: www.invest.gov.tr
Turkey Shrugs off Latest Global Downturn
September 15, 2010 by admin · Leave a Comment
“Thanks to the bayram (holiday), the Turkish market seems to have turned the Dubai bend without a shock” Ali Bahçuvan, president of the Turkish Shareholders Association, or BORYAD, told the Anatolia news agency.
If the United Arab Emirates fails in calming investor sentiment, a “second shock wave” might come, Bahçuvan said, calling Turkey a “reference market” for emerging markets.
“The weight of foreign investors and interest-rate cuts make Turkey an example,” he said. “The economy did not deteriorate despite a non-deal with the International Monetary Fund. All these help pull Turkey’s risk premium down.”
In an interview with Bloomberg in London during October, Finance Minister Mehmet Simsek said, “Going forward of course we hope that Turkey will be strong enough not to have to need, to tap into international financial institutions’ resources”.
Turkey has tackled the effects of the global financial crisis without new lending from the IMF.
“We’ve gone through the worst and Turkey has been able to finance its deficit at historically low interest rates,” Simsek said. Spending plans for next year are “realistic” and financing “should not be an investor concern.”
In a note to investors on Tuesday, Timothy Ash, an emerging-markets economist at the Royal Bank of Scotland, said Turkish banks are not “particularly exposed to the $26 billion of Dubai World liabilities.”
Separately, the Financial Times reported that Britain’s banks were Dubai’s biggest foreign creditors. The report said Royal Bank of Scotland had the biggest exposure, of up to $2bn. HSBC, Standard Chartered and Lloyds Banking Group had exposure of about $1bn each, according to the paper.
Speaking to the Anatolia news agency, Bülent Erdogan, chief executive of Turkish construction giant Nurol, said three of the company’s ongoing projects had stopped six months ago due to problems with payments.
“We have six more ongoing projects in Abu Dhabi; we have seen no problem there,” he said. “[But] we also do not have any capital investments in Dubai.”
Emin Sazak, chief of the Turkish-Qatari Business Council of the Foreign Economic Relations Board, said “If [Dubai World] says it will postpone payments to creditors, that would also mean delays in payments to constructors,” he said, adding that only a few Turkish companies had planned to invest in Dubai, but pulled back due to the global credit crisis.
Unicredit Group and Yapi Credit Bank partner all Cumberland Properties projects for your peace of mind.
Valley Gardens From £120,000
April 30, 2009 by admin · Leave a Comment
Nine buildings house 18 versatile apartments come with a choice of two layouts (2 or 3 bedrooms), and can further be tailored to your specific needs. From all of the bedrooms you have fantastic floor to ceiling glass doors allowing you to enjoy the amazing views wherever you are in the house. A large terrace enables you to sit outside day or night and enjoy a meal, quiet time to read a book or watch your friends and family around the pool.
Set within spectacular mountain views, the Valley Gardens Regency offers the peace and quiet of rural living, and secluded beaches just moments walk away. The development offers contemporary living accommodation both inside and out. Upper floor apartments benefit from a sloping glass roof covering most of the living area – imagine hosting a dinner party sipping a glass of your favorite tipple quite literally under the stars! The communal areas are truly unique, whether it be the centerpiece of the development – a spectacular raised level infinity pool with Jacuzzi and children’s pool or the landscaped gardens and tennis court. These properties in Bodrum show case cutting edge Turkish property design.
A spectacular raised level infinity pool with Jacuzzi and children’s pool
5 minutes walk from a sandy beach
Excellent investment opportunity
Amazing views of the Aegean Sea, or the Gökçebel valley
Finished to the highest standards
Property in Turkey Seaview Regency Prestige – From £200.000- (Only 4 left)
April 30, 2009 by admin · Leave a Comment
Describtion:
Seaview Regency Prestige consists of 19 beautifully constructed modern villas. Showcasing property in Turkey at its best The 13 two storey detached villas and the 6 three storey semi-detached villas all have three bedrooms and three bathrooms. All villas are open-plan, creating a light and airy ambiance, and are thoughtfully laid out in landscaped gardens with private parking. They each have uninterrupted views of the Aegean Sea and access to a large pool terrace below, with bar, sun loungers, showers and toilet facilities. Luxurious, completed villas, ready to move into Spectacular mountain and Aegean sea views 5 minutes walk from a sandy beach Finished to the highest standards Spacious villas – ideal for entertaining The Bodrum Peninsula in south-west Turkey literally has something for everyone. From pretty fishing villages and idyllic secluded bays, to the energetic bustle of Bodrum’s Bar Street and the world famous open air Halikarnas Disco, it is easy to see why it has become known as ‘the St. Tropez of Turkey‘. Which offers an outstanding selection of Turkish Property. Location The elegant and stylish Seaview Regency Prestige is located on a gently sloping hill overlooking the bay of Küçükbük, near Gündogan, only a 5 minute walk from a sandy beach, and a 15 minute drive from Bodrum Town Centre. Gündogan village itself is small and calm with clean and enjoyable beaches, and cafes and restaurants providing local food offering an authentic ambiance Property in Turkey.net (pdf)
Property In Turkey – Woodland Regency- From £72,000
When buying property in Turkey only one place has real star attraction, Bodrum the homes for sale in Bodrum.
Bodrum, the jewel of the Turkish Riviera, also known as the Turquoise coast, is an excellent investment opportunity for Turkish property and where your dream lifestyle can come true.
The alluring feature of buying property in Bodrum is its “St Tropez of Turkey” atmosphere, which allows you to have a relaxing day followed by an exhilarating night. During the day unwind in the sun, take a stroll around the shops or visit some of the ancient sites and as the sun goes down entertain yourself at one of the many bars and clubs.
Woodland Regency site, an exhibition of modern property in Turkey, sits within 5.4 acres of peaceful woodland consisting of 62 exquisitely finished units. With a choice between 1 and 2 bedroom apartments and 3 bedroom semi-detached villas it is the ideal development of Turkish property in Bodrum.
All the homes at Woodland Regency have been designed to offer a contemporary yet idyllic lifestyle, ensuring you peace and privacy. 24-hour security, free wireless internet and two large swimming pools give you the freedom to enjoy the many features available at Woodland Regency and your property in Bodrum. An exclusive Club House on the south side of the development, surrounded by a forest of olive and pine trees makes it the perfect place to relax and rejuvenate.
Woodland Regency is an attractive development of Turkish property designed for the investor, holiday home owner and also ideally suited for all year round living. Located in Konacık, only 5 minutes from Bodrum Town Centre and the nearby sandy beaches of Bitez and Gumbet, it is in high demand by both locals and investors as its position on the arterial road gives it superb connections to the peninsula’s other villages and surrounding facilities. With unobstructed mountain views and only a short walking distance to markets, restaurants and public transportation it is an outstanding example of property in Turkey.
All of our properties in Turkey are built to the highest standards and we only use quality materials and fittings to guarantee you piece of mind.
