Archive for May, 2008
Observer Explores Bodrum’s Upmarket Real Estate
The British weekly Observer ran a news story last Sunday about a site of newly built luxury apartments in Bodrum, one of Turkey’s most popular summer resorts. The ’Aegean Hills’ apartments represent, according to the paper, one of Turkey’s cutting edge assets in property.
“There are many good reasons to buy in Turkey, and an estimated 17,000 Brits already have,” reporter Jon Robins noted. “But the country’s rather unimaginative approach to new ... Keep reading >>
Real Estate Profiteering on Aegean Coast
Following the real estate scam that recently came to light in the Bodrum and Didim area of Turkey’s Aegean coast, which has hurt both the pockets of foreigners and the country’s reputation, buyers are being urged to exercise more caution and more official supervision is being called for. The real estate swindle in Bodrum and Didim reached an amount close to 500 million pounds during the last two years. “The illegal real estate agents and such swindles not only result in the loss of ... Keep reading >>
Turkey Stands Out With Its Tasty Real Estate Market
Turkey, with its stunning scenery and wealth of antiquities, is fast emerging as a new property hot spot. Straddling Europe and Asia, Turkey is blessed with some of the best coastlines in Europe, especially in the country’s southwestern corner where the Mediterranean and Aegean seas meet according to the web site, www. businessweek.com. With Turkey expected to join the European Union within the next decade, property experts say those who get in early stand to see a substantial return on ... Keep reading >>
