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ASPENDOS GOLF PALACE

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ASPENDOS ANPHİTHEATRE

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“…If God wanted to build a golf course –

he'd probably build it in Turkey…”

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4Ş- -4r .14Ş- -4r .1

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• Reasons to buy property in Turkey

• It’s time to buy property in Turkey. Why? It’s very easy, because:

• ◊ It has fantastic climate, charming towns and villages, golden beaches, a stunning mountain backdrop, wealth of history and friendly, hospitable people, over 300 days of sunshine each year, and all this just a couple of hours flight from European countries. Turkey is becoming more and more popular for European people buying homes in the Mediterranean. ◊ In 2003 Turkey has liberalized its real estate market for foreign buyers. Now more than 40,000 estates in 70 Turkish cities are owned by foreigners from 64 countries. Almost 5,000 foreign investors are new to the market. Citizens from 87 countries qualify to buy without approval by the local authorities. Citizens from 24 other countries can purchase only buildings but not land. Germans, British as well as Dutch, French, Syrian and American citizens are also at the top of the list of nations interested to buy in Turkey. ◊ The main explanation for the opening of the Turkish real estate market is the country's bid to become European Union member in the years to come. One of the reasons why foreign investors should consider Turkey as an option, according to most local agents, is that prices in the country are much lower than in EU in average. Depending on the area prices as low as $25,000 for an apartment and $50,000 for a house aren't impossible to find. When Turkey becomes EU member prices of Real Estate will most likely rise to a level near to the European level. The potential for returns on investment in this area are enormous. ◊ The low cost of living, which is much lower than most other European Countries and the low crime rate. ◊ As a European you can purchase with complete safety, as the conveyance is easy and uncomplicated.

•  

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Aspendos anthique amphitheatre

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Produced ın turkey

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Produced

in Turkey

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Produced İN Turkey

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Produced İN Turkey

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• Turkey is a ‘Prime Destination’ for Investment• Turkey has been described as a "prime" destination for property investment.

Turkey's infrastructure has evolved to provide foreign buyers with the support and access necessary for development opportunities to become attractive. The Turkish government is focusing on developing the country's tourist industry to reach 15% of its Gross Domestic Product by the year 2020.

•Turkey’s infrastructure has made this destination more accessible, with new roads and enlarged airports being built and existing road and air routes being expanded and has made property in Turkey more popular. This popularity is now evident in Istanbul where home prices have been increasing steadily for a number of months.

• These rises have been underpinned by high tourist numbers and a stable economy, as well as efforts to keep inflation in check.

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• Turkey’s foreign minister has recommended his top choices for investment hotspots in accordance with Turkey’s Tourist Development Regions, these areas include Cesme, Dalaman, Didim, Antalya, Manavgat and Oymapinar.

• With Turkey experiencing unparalleled publicity for its rapidly growing tourism industry, this has helped and continues to fuel the massive demand in property sales. This is set to continue with Turkey rapidly becoming a dominant

• competitor in the international tourism market.

• The area around Dalaman is particularly popular amongst Turkey property• investors as the Turkish government is improving the tourism infrastructure • in an attempt to make this area one of Turkey’s top tourist attractions. This

investment includes the expansion of Dalaman airport, the building of three• marinas and the area’s first golf course. As this investment programme is • only in its early stages, property prices have not yet reacted. This is certainly • an area of great potential to property investors

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• Turkish Property values to double:• Property values in Turkey are set to double in the next three years as the government

continues to make improvements to encourage investment, a property sector expert has predicted.

In the last two years, property values in Turkey have increased by 40 per cent, but according to New Turkish Properties, the figure will double before the end of the decade.

The Turkish government have and continue to support the growth by building new roads and motorways and increasing the number of chartered flights in to and away from the country.

• The Turkish Government are also offering fantastic interest rates to people buying property in Turkey and with the advent of off-plan mortgages also being encouraged for the later part of 2007, the property market is set to expand and continue.

• Turkish Property Mortgages Available• Turkey has been tipped to become the next property hotspot thanks to the introduction of

mortgages in October 2006. Mortgages were only introduced in Turkey a quarter of a year ago, but insiders are already stating that the effect this is having on property there is extraordinary.

• Property expert Assetz have stated that capital growth on homes and dwellings in the Middle Eastern nation is strong, as is demand. With mortgages introduced at completive rates of 5.9% per cent which will only encourage demand for holiday homes and investment property market

• Now the country has been tipped by several experts as the next big emerging property destination for Britons and other overseas property buyers and with the introducing of 80 per cent loan-to-value mortgages, investors and holiday home purchasers will now find it much easier to be able to get themselves a property in the sunny climes of Turkey.

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• Turkey is joining the European Union• On October 3rd 2005, Turkey started the long road to joining the European

Union.• Predicted by the end of 2015, according to the European commission’s

agriculture report that deals with farming, Turkey is assumed to be an EU member state in eight years time, adding that its agricultural produce equates to that of the last ten nations that entered the union before Romania and Bulgaria.

• Because the road to EU membership is going to take time, means there are still another 5-10 years before property prices raise substantially. Prior to EU membership, there are many factors yet to be discussed and many of Turkey’s issues that need to be corrected before incorporation will be seriously considered. However Turkey has some strong backers for its entry and when it does get accepted into the EU, it is reasonable to expect the price of property to rise greatly in line with a huge surge in tourism.

• Serious Investors look for key indicators when investing in property worldwide and just one of those indicators is the European Union. They are looking for indicators that will increase steady growth. Joining the EU in the future is a major step to financial security in the countries property market.

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• Is the Property Boom in Turkey?• With the indicators shown on this page, it’s very likely to predict that Turkey is at

the beginning of a "property boom". Growth in property prices can be triggered in two ways, under value of property or demand outstripping supply. Both these factors are presently the situation in Turkey especially in the major investment areas such as Antalya, Istanbul and Dalaman.

• Real estate and money management experts at Jones Lang LaSalle have claim that Turkey is among the leaders in €26 billion (£17 billion) worth of investment in property. Jeremy Eddy of Jones Lang LaSalle told the London Stock Exchange (LSE) that "investor interest is moving further east" leading to "the first major transactions taking place in Turkey" and other parts of Eastern Europe.

• Investment in Turkey during 2006 rose 77 per cent on 2005's figures and during the last quarter of 2006 some €10 billion (£6.6 billion) was pumped in, 40 per cent of the annual total.

• These figures are strong indication of increasing popularity and demand for European commercial properties, attracting a growing number of investors year-on-year.

• The current attraction for investing in property in Turkey is the current value for money. The Turkish property market still offers excellent quality properties at prices that most other locations of a similar calibre could not offer 10 years ago. These prices, combined with the outstanding expected growth and powered by strong market drivers, offer property investors a unique opportunity.

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• Turkish Tourism Market• During 2005, the rate of tourism saw a 29 per cent growth in the number of arrivals to Turkey

shores. Incoming tourist receipts also amounted to US$11.9 billion (£6 billion) in 2005.• With over 25 million tourists to visit Turkey during 2007, this in turn will boast the Turkish property

market. A major indication of the current state of any property market is the tourist trade. In Turkey the tourist market has been there with the Germans, British and Russians for many years and now is seeking unprecedented growth as the country gains more exposure in the international press. The possibility of Turkey becoming an EU member country will reinforce this exposure in the world property market place.

• Current investment demand for Turkey’s property markets is also reflected in the 25 million tourists predicted for 2007.  This translates into solid rental yields by buy-to-let investors who purchase in the best tourist locations.

• The golf region of Turkey is located within the Turkish Riviera, on the Mediterranean coast in Antalya, with over 11 championship golf courses, including the Colin Montgomery and Nick Faldo course, with Bernard Langer set to follow. The Antalya region is set to become the hottest place in Turkey for golf property investments and buy to let rental opportunities. No other region has seen massive increases in Tourist numbers and property growth than the Turkish Riviera.

• Championship Golf has been a effective market driver in many successful property markets around the world for many years. Spain has used golf to generate a very strong secondary season with thousands of golfers flocking to its shores to play golf during a time when they can’t play their sport at home. With golf being so popular around the world many developments are now being constructed around or near golfing facilities. Turkey and namely Antalya is no different.

• Avoid Capital Gains Tax• Turkey also offers some tax incentives that are of high interest to property investors, such as its

regulations regarding capital gains tax. If you sell your property after four years, there is no capital gains tax. Property that is sold before the period is over will be charged at the standard rate of income tax (between 15% and 35%), calculated on the difference between the buying and selling price.

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• Turkey Economic Overview• The Turkish economy continues to strive towards more robust economic stability, which was

unprecedented for at least three decades. Macro economic indicators show that economic stability and structural reforms implemented since the 2001, gaining ground and paying off in terms of –among others - five year uninterrupted growth, huge FDI inflow, price stability and increased trade volume.

• Price Stability• The inflation rate which was 63.5 per cent in 2001, has been reduced to 9.65 per cent in 2006.• Sustainable growth• The Turkish economy which had a minus 9.5 per cent growth rate in 2001, had growth rates of 7.9 per

cent in 2002, 5.9 per cent in 2003, 9.9 per cent in 2004 and 7.6 per cent in 2005. In the first nine months of 2006, a growth rate of 5.7 per cent has been realized. Turkey has been continuously growing over the past 19 quarters.

•  The Economic factors that make ‘Investing in Turkey’ worthwhile.• Property prices are still lower than equivalent European hot spots • Cost of living is 1/3rd of that in the UK • The process for incorporation of Turkey into the EU has started. • The Mediterranean coast offers an all round season for good holiday rental opportunities. • Excellent property investment growth is predicted with holiday operators and airlines increasing

capacity. • Low property acquisition and ongoing taxes • Fastest going economies attracting large corporate investments • Rich in cultural history and ancient historical ruins • Excellent road and air networks providing good infrastructure around the country • Turkey has some of Europe’s attractive and stunning beaches making it a very popular holiday

destination • Voted 3rd in the A Place in the Sun television programme to buy property (2005) and 4th most popular as

a destination by the A Place in the Sun reader (2006)•  

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1 Arazinin Yeri locatıon of land ALAN m2 / square

Katsayı

İNŞAAT ALANI m2 / constructıon square

2Arazinin Toplam alanı (total of

land) 1000.000    

3Arazi sit alanı ( archeologıcal

area ) 26.000    

4İmara yönelik alan ( area for

archıtect ) 268.000    

5 İmar Terki % 35 93.800    

6 İmar net alanı 174.200    

7Emsal 15/ 30 2 kat h: 6.50

saçak      

8 Taban alanı katsayısı % 15 26.130 1 26.130

9 Kat alanı katsayısı % 15 26.130 1,25 32.663

   Toplam İnşaat / Tot

cons.   58.793

 Ticari Alan ( commercıal

area) 2%   1.176

  Konut alanı ( property area ) 98%   57.617

         

    Toplam   58.793

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YCL İNŞAAT MİMARLIK MÜHENDİSLİK SANAYİ TİCARET LTD ŞTİ. ASPENDOS ARAZİ GELİŞTİRME

  YAPI CİNSİ ALAN M2 BRÜT ADET TOPLAM ALAN

A Villalar      

1 Typ 1 140 30 4.200

2 Typ 2 160 20 3.200

3 Typ 3 180 10 1.800

B İkiz Villalar      

1 Typ 1 90 70 6.300

2 Typ 2 110 50 5.500

3 Typ 3 130 44 5.720

C Sıra evler      

1 Typ 1 75 20 1.500

2 Typ 2 95 20 1.900

3 Typ 3 110 20 2.200

4 Typ 4 135 20 2.700

D Teras evler      

1 Typ 1 65 100 6.500

2 Typ 2 75 80 6.000

3 Typ 3 90 60 5.400

4 Typ 4 120 40 4.800

Toplam 584 57.720

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A Villalar 30

1 Typ 1 20

2 Typ 2 10

3 Typ 3  

B İkiz Villalar 70

1 Typ 1 50

2 Typ 2 44

3 Typ 3  

C Sıra evler 20

1 Typ 1 20

2 Typ 2 20

3 Typ 3 20

4 Typ 4  

D Teras evler 100

1 Typ 1 80

2 Typ 2 60

3 Typ 3 40

4 Typ 4 584

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• Golftalya gayrimenkul yatırımdanışmanlık şirketi tarafından avrupanın en büyük devre mülk uzmanı şirketlerinden biri ile

tanışmanız ve işbirliği yapmanız sağlanacaktır.

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KKTC'de golf ambargoyu deldiGolf Federasyonu Başkanı Ahmet Ağaoğlu, geçen hafta sonu KKTC'nin Esentepe bölgesinde yeni açılan Korineum golf sahasında uluslararası bir turnuva düzenlediklerini bildirdi. Böylece Kıbrıs'a yönelik ambargonun delindiğini belirten Ağaoğlu şunları söyledi:"Turnuvaya Güney Kıbrıslı, Türk, İngiliz ve Kuzey Kıbrıslı oyuncular katıldı. Birincilik kupasını Güney Kıbrıslı oyuncu kazandı. KKTC Cumhurbaşkanı Mehmet Ali Talat'ında katıldığı ödül töreninde ambargonun çok ciddi şekilde delindiğini, hatta patladığını söyledim."Ağaoğlu, Korineum golf sahasının dünyada çok az bulunan bir özelliğe sahip olduğunu ifade ederek, "Sahada bulunan 18 delikten de deniz ve dağ manzarası görülebiliyor. Tesiste ayrıca, ABD'den ithal edilen 'Seashore Paspalum' tipi genetik yöntemlerle yetiştirilen çok az su gerektiren özel çim kullanılmış. Bu sahada 12 ay golf oynanabiliyor" dedi

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www.golftalyarealstate.com