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Altinkum is the cheapest resort to buy property in Turkey.

By Altinkum property on Aug 15, 2009 |Investing

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A two bedroom apartment in Bodrum cost on average £50,000 and a two bedroom apartment for sale in Altinkum costs on average of £30,000, at the same  time The Financial Times has named the resort of Altinkum as one of the prime spots for property investment. The reason for these two factors is simple. Altinkum  is still in the process of being developed. Once fully established then prices will increase in line with the other resorts. Altinkum is a small resort on the Aegean coast of Turkey. It can be easily accessed via Bodrum airport within an hour or Izmir airport within an hour and a half. Some locals will refer to the area by its older name Didim, as Altinkum is just a small part of the resort. The most important factor in  the making of the resort is the Marina which is due to be opened end of August 2009 by the Turkish prime minster Recep Tayip Erdogan. This really is a milestone in the genetic make up of the resort which six years ago still resembled a fishing village and shut down in the winter time when all the tourists went home. The marina will have a yacht club, heliport for the rich and famous to land helicopters direct on the site, a capacity for 623 berthed yachts and600 yachts in dry dock, a yacht lift for 300 and 100 tonnes, and a swimming pool.The marina will serve mainly yachts of 75 - 150 metres long, such as mega-yachts which are increasingly in popularity on the Aegean and east Mediterranean seaboard.There will be also a shopping centre, supermarkets, yacht equipment shops, a fitness centre and sports facilities, banks, a petrol station,restaurants and a cultural centre.The marina will also crucially have ferryboat management for cruises to the Greek islands of Kalimnos, Kos and Leros, as well a customs post, pot authority facilities, a passport control unit. Prices of property for sale in Altinkum start presently at £18,000 for a one bedroom apartment, and £58,000 for a villa. It is easy to see why homebuyers are snapping up property. The infrastructure in resort has generally improved with roads been laid as soon as building work has been completed, electricity supplies have been re-laid to cope with the increase in demand. In all the future is looking good for the resort of Altinkum and anyone looking for a prime investment can certainly find a bargain there.

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Altinkum is the cheapest resort to buy property in Turkey.  from Altinkum property

Turkish property for sale in Altinkum, Didim, Akbuk and surrounding resorts.

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