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zuzum
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Antalya is the crossing of all cultures; the junction of civilizations and history. Antalya, has been attracting discovering visitors with its peerless mystical scent for many years. As a result of this lived and felt independence, Antalya is truly a magnificent city by the sea.
Antalya attracts thousands of visitors annually with its breathtaking geography, culture and historical distinctiveness. Visitors return to their countries, undeniably haven fallen in love, with the splendor of Antalya still in their minds. Some start planning their future holidays in Antalya while thinking about the gratifying holiday they just finished having in Antalya, while some decide simply to live this pleasure for the rest of their lives by making Antalya their new home.
Even in the presence of a global crisis, Antalya places second following Istanbul in property sales. The global crisis continues to place a burden, big or small, on all our lives; while the construction and real estate industries, as always, effect our living standards the most.
Today, thousands of properties have been built, while unable to stand the gaff from the shortage of property buyers in Turkey. This excess of properties is also valid in Antalya. But we should also remember that Antalya is a coastal city and no matter what the state of affairs, and time, it will always provide good value on capital growth; as it is doing so now. Based on realistic figures, along the coastal roadway in the district of Konyaalti, plots are attracting buyers at 3,000 euros/m2. While on the other hand, in other areas, particularly in the Liman district of Konyaalti, fine quality new build 1 bedroom apartments range from minimal prices of 30 to 40 thousand euros. These are excellent conditions for investment returns. This district also provides suitable circumstances for mid to mid-high rental yields. Antalya is uncompromisingly a major focus for local and foriegn immigration just as continues head strong in infrastural development.
The efforts of rapid development persevere. In order to alleviate the traffic distress, there are currently works in progress for a more efficient and cost effective regional bus and light rail transportation system.
Undoubtedly the effects of the global crisis have affected the local marketplace where we see substantial discounts of every type of product out there. The local merchants are aware of what degree they have been negatively effected, therefore realizing how beneficial it is to apply major discounts on their goods. And in this competitive market, the public has to be profitable ones.
The merchants haven’t been the only businesses that have been affected by the global crisis. The construction industry has intensely endured it as well. The cost of materials and supplies have dropped; subsequently attracting the curious property investors. Under these conditions, starting to plan for a property development construction, based on requirements and style, in this marketplace, just may be one of the wisest decisions made. This reverts to essentially profiting agreeably on supplies, material, construction and sales! The Turkish banking system may be one of the world’s strongest; and this can be to your advantage on top of it all!
In conclusion, there’s another final note to remember; the hard times of the real estate market can soon be forgotten, and turn for the better at anytime. Just from a small stir in the market, there may be those who will prime prices to a higher bracket. Following the market trend is vital; particularly the Antalya property market. Foolhardy decisions can turn out to be wrong ones. Ask around, ask from those who live here. They don’t have to be professionals; local residents can be very helpful as well. Why? Because they live here!
– © B. Erdemir (translated into English by J. Bilek)
Antalya attracts thousands of visitors annually with its breathtaking geography, culture and historical distinctiveness. Visitors return to their countries, undeniably haven fallen in love, with the splendor of Antalya still in their minds. Some start planning their future holidays in Antalya while thinking about the gratifying holiday they just finished having in Antalya, while some decide simply to live this pleasure for the rest of their lives by making Antalya their new home.
Even in the presence of a global crisis, Antalya places second following Istanbul in property sales. The global crisis continues to place a burden, big or small, on all our lives; while the construction and real estate industries, as always, effect our living standards the most.
Today, thousands of properties have been built, while unable to stand the gaff from the shortage of property buyers in Turkey. This excess of properties is also valid in Antalya. But we should also remember that Antalya is a coastal city and no matter what the state of affairs, and time, it will always provide good value on capital growth; as it is doing so now. Based on realistic figures, along the coastal roadway in the district of Konyaalti, plots are attracting buyers at 3,000 euros/m2. While on the other hand, in other areas, particularly in the Liman district of Konyaalti, fine quality new build 1 bedroom apartments range from minimal prices of 30 to 40 thousand euros. These are excellent conditions for investment returns. This district also provides suitable circumstances for mid to mid-high rental yields. Antalya is uncompromisingly a major focus for local and foriegn immigration just as continues head strong in infrastural development.
The efforts of rapid development persevere. In order to alleviate the traffic distress, there are currently works in progress for a more efficient and cost effective regional bus and light rail transportation system.
Undoubtedly the effects of the global crisis have affected the local marketplace where we see substantial discounts of every type of product out there. The local merchants are aware of what degree they have been negatively effected, therefore realizing how beneficial it is to apply major discounts on their goods. And in this competitive market, the public has to be profitable ones.
The merchants haven’t been the only businesses that have been affected by the global crisis. The construction industry has intensely endured it as well. The cost of materials and supplies have dropped; subsequently attracting the curious property investors. Under these conditions, starting to plan for a property development construction, based on requirements and style, in this marketplace, just may be one of the wisest decisions made. This reverts to essentially profiting agreeably on supplies, material, construction and sales! The Turkish banking system may be one of the world’s strongest; and this can be to your advantage on top of it all!
In conclusion, there’s another final note to remember; the hard times of the real estate market can soon be forgotten, and turn for the better at anytime. Just from a small stir in the market, there may be those who will prime prices to a higher bracket. Following the market trend is vital; particularly the Antalya property market. Foolhardy decisions can turn out to be wrong ones. Ask around, ask from those who live here. They don’t have to be professionals; local residents can be very helpful as well. Why? Because they live here!
– © B. Erdemir (translated into English by J. Bilek)
