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 >>
Bodrum a Mecca for Brits
Bodrum is one of Turkey’s most cosmopolitan and popular holiday resort, as well as being a real hotspot for foreign property buyers... Sitting on the Aegean coast, the town’s history stretches back 2,000 years. It is home to one of the ‘Seven Wonders of the World’ – the tomb of Mausolus - and a picturesque crusader castle dominates a harbour filled with yachts and traditional wooden sailing boats, known as gulets. “A mecca for European ... Keep reading >>
Bodrum Tipped As Turkey Hotspot
Bodrum is being tipped as the next property hotspot for overseas buyers in Turkey as it is becoming an increasingly popular holiday resort, particularly among European tourists.
According to Dominic Whiting, the author of the Buying in Turkey property guide, Bodrum has become a "Mecca" for holidaymakers in Europe thanks to its warm Mediterranean climate and excellent mix of watersports, nightlife and delicious cuisine.
Improvements in infrastructure, ease of travel to and from the ... Keep reading >>
Beaches To Be Under Surveillance
The Mobese project, which is a massive surveillance camera system that monitors the streets for the Turkish police, will be applied in Bodrum and districts in order to assure safety. With the system, after a total expenditure of $1.5 million, security forces will closely watch all main roads, streets and famous beaches.
According to Dogan News Agency, a new camera system was developed in Bodrum, which hosts approximately 5 million tourists a ... Keep reading >>
Boutique Hotel Shines in Bodrum
Tucked away atop a hill a five-minute drive from Bodrum’s center is a modest yet luxurious boutique hotel. Having bucked the declining tourism trend in the area both in 2006 (only the hotel’s second season) and early into the summer of 2007, The Butterfly may have struck a business model for accommodation that can withstand any blows to the area’s tourism industry - a model that makes it stand out from the ... Keep reading >>
Bodrum is Investor’s Best Bet
Recent research carried out by Obelisk International, a major real estate company, has identified the Bodrum peninsula in Turkey as the top investment location for 2007. The area’s popularity with tourists is already well established with around 70% of Turkey’s tourists visiting Bodrum, including various celebrities. When this is combined with a promising emerging property market and increasing corporate investment, Bodrum ticks all the boxes for a sound investment. In ... Keep reading >>
