Turkish Government speeds up property purchase procedures which should encourage more Investors

A difficulty up to now has been the complicated way property transferred to new owners and the long wait to get military approvals but the government has tackled this and introduced more buyer friendly processes which should encourage more buyers in to this untapped property market.

The Culture and Tourism Minister, Ertugrul Gunay, commented that the plans to cut "bureaucratic handicaps," and to put in place a more streamlined method, is hoped to attract more purchasers of Turkey property investment. Emphasis on employment and revenue within the service sector benefiting foreign companies and private investors of Turkey property investment.

As part of a wider strategy to boost tourism, the government has also announced they will be investing an estimated £73 million into a tourism marketing drive, known as 'Four Seasons, 12 Months', in order to achieve increased levels of tourists in 2008. The Turkish Daily News reported that the government targets to boost tourism from 20 million in 2007 to 25 million in 2008.

The fly-to-let investor is a key factor in reaching these targets and as such, the reduction in paperwork will encourage more overseas investors to put money into Turkey property investment and to boost the quality and levels of tourist accommodation.

Ertugrul Gunay said he wanted to raise awareness of the country's other attractions, beyond its good beaches and sunshine. He added, "That is why we give priority to 'Four Seasons, 12 Months' tourism campaigns." According to Noreen Hynes Managing Director of Aquarius Properties Turkey is one of the places with a lot of potential for growth in property prices. Mortgages have only become available this year and with the growth in golf tourism worldwide this brings another opportunity to this traditional sun holiday location. Also Spa Tourism is another area bringing increasing numbers of tourists to Turkey as well as the wonderful rich archaeological sites .

Bodrum which has strict planning regulations and lower density developments than in other high rise resorts is an emerging location which has now got two golf courses just being completed in the new Vita Park Golf Resort and another two golf courses being built very close by as well.

Aquarius Properties have launched beautiful villas and apartments overlooking the new Vita Park Golf and Country Club starting at €90,000 for the 2 bed apartments to €170,000 for the 3 bed villas with their own swimming pool. Property in this area is expected to increase in value over the next 12 months as it's a high value quality location. Also a big advantage of purchasing in this area is that there are no hotels built yet on or close to the golf course so rental income should be good. Hotels are planned but they will attract the all in golf holiday clients. Most people would prefer to hire a villa which can accommodate 4 to 8 golfers per villa. Also commercial membership is available in the Vita Park Golf Resort for €20,000 and this will entitle villa owners of the Flamingo Golf Resort and their guests to play golf on any of the two golf courses as well as have use of the social and sports facilities on the Resort. Aquarius Properties have a large selection of premium properties in the Bodrum area. They also have their own representatives there to assist clients who travel to view properties.

Contact Aquarius Properties now on 00 353 1 2782900, from the UK and Norther Ireland call 0808 2381799