Bodrum Property Developer

August 31, 2010

Turkey 5th Most Popular Holiday Destination

A newly published report by flight comparison service Skyscanner, compiled from its 7 million monthly UK visitors, lists Turkey amongst the Top 5 most searched holiday destinations - from UK airports - for 2010.

The data was compiled from the last quarter of 2009 when the majority of holidays are being planned for 2010 and provides an interesting insight into where the British plan to holiday this year. It is hoped a good number of visitors will go onto purchase property in Turkey.

Bodrum (BJV) ranked 15th and Dalaman (DLM) 5th over increasingly less popular Spanish destinations such as; Palma, Lanzarote, Gran Canaria, Barcelona, Murcia, Ibiza, Fuerteventura and Madrid - a number of which plummeted down the rankings.

Thomas Cook, TUI and easyJet have already announced increases to their services to Bodrum and Dalaman for 2010 to cater for the growth in demand.

Favourite Italian destinations such as Rome, Venice and Milan also saw their rankings slip.

Bodrum and Dalaman polled higher positions than even the most traditional European holiday destinations such as Faro (Portugal), Geneva (Switzerland), Paris and Nice (France), Amsterdam (Holland), Dublin (Ireland), Prague (Czech Rep.), Berlin and Munich (Germany), Salzburg (Austria), Crete (Greece) and Sofia (Bulgaria).

A major contributory factor could well be the strength of the Euro against the pound where the British in particular, when contrasted against their European counterparts, enjoy a beneficial rate when exchanging their pounds for Turkish Liras – more than doubling their money.

Turkey significantly attracted more interest as a holiday destination than Cyprus, Egypt, Morocco, Dubai and Malta.

Further afield, again Bodrum and Dalaman attracted more interest than New York and Las Vegas (USA), Bangkok (Thailand) and Kuala Lumpur (Malaysia).

Orlando however, polled 4th position and is one the highest climbers compared to the same period last year, up 12 places. Travel Editor Sam Baldwin comments: “The rise in popularity of Orlando is primarily due to the new Harry Potter theme park opening in the spring. Other big movers include Johannesburg and Cape Town as the World Cup is just around the corner”. The top 3 positions remained unchanged.

Turkey emerged as a clearly favoured holiday destination for 2010 and is certainly continuing to build on its growing reputation as a cost effective alternative to traditional Spanish destinations.

Cumberland Properties can endorse these findings having already sold 2 properties at Woodland Regency in the first week of January 2010 and are currently experiencing a significant increase, over the same period last year, in enquiries for both property in Bodrum and rentals in Bodrum, having already secured a number of reservations for the ever popular Seaview Regency Prestige

Oh, and should you have the good fortune to be holidaying in Turkey during the world cup; fans of the beautiful game will be relieved to hear that their enthusiasm is shared by most Turks, so rest assured you won’t have to travel to far to find superb coverage of the event.

Source: Skyscanner



August 25, 2010

Cameron ‘anger’ at slow pace of Turkish EU negotiations

Filed under: Bodrum Property Developer, Turkey — Tags: , , — admin @ 10:13 am

David Cameron has promised to “fight” for Turkey’s membership of the European Union, saying he is “angry” at the slow pace of negotiations.

On his first visit as prime minister, he said the country could become a “great European power”, helping build links with the Middle East.

He compared hostility to the membership bid in some parts of the EU with the way the UK’s entry was once regarded.

Mr Cameron was expected to agree a new strategic partnership with Turkish Prime Minister Tayyip Erdogan during his visit.

‘Frustrating progress’

In a speech at the Turkish parliament in Ankara, Mr Cameron said he wanted to “pave the road” for Turkey to join the EU, saying the country was “vital for our economy, vital for our security & vital for our diplomacy”.

A European Union without Turkey at its heart was “not stronger but weaker… not more secure but less… not richer but poorer”.

Mr Cameron added: “I’m here to make the case for Turkey’s membership of the EU. & to fight for it.”

At a joint press conference with Turkish Prime Minister Recep Tayyip Erdogan, Mr Cameron suggested the UK would impose provisional restrictions - as with Bulgarians & Romanians after they joined - on the right of Turkish people to live & work in the UK after it joined the EU.

But the rapid rate of Turkey’s economic growth would make any restrictions unnecessary in decades to come, he added.

He said: “One of the effects here is that [as] economies grow & become more evolved, the pressure & flow [of people] between countries isn’t so great.”

Referring to former French President General Charles de Gaulle’s efforts to block British membership of the EU in the 1960s, Mr Cameron said in his speech: “We know what it’s like to be shut out of the club. But we also know that these things can change.

“When I think about what Turkey has done to defend Europe as a Nato ally, & what Turkey is doing today in Afghanistan, alongside our European allies, it makes me angry that your progress towards EU membership can be frustrated in the way it has been.

“My view is clear. I believe it is just wrong to say that Turkey can guard the camp but not be allowed to sit in the tent.

“So I will remain your strongest possible advocate for EU membership & greater influence at the top table of European diplomacy.”

Regional role

Mr Cameron said those who opposed EU membership were driven by protectionism, narrow nationalism or prejudice.

“Those who wilfully misunderstand Islam, they see no difference between real Islam & the distorted version of the extremists. They think the problem is Islam itself. And they think the values of Islam can just never be compatible with the values of other religions, societies or cultures.”

He said: “All of these arguments are just plain wrong. And as a new government in Britain, I want us to be at the forefront of an international effort to defeat them.”

While praising Turkey’s secular & democratic traditions, Mr Cameron stressed that Turkey must continue to push forward “aggressively” with economic & political reform to maintain momentum towards EU membership.

He said the country had a “unique influence” in helping to build a stable Afghanistan through political & economic co-operation & fostering understanding between Israel & the Arab world.

Source: BBC

August 23, 2010

New Chapter Open In Turkey EU Accession

Turkey takes a step forward on its path towards the European Union with the opening of a new chapter of negotiations on the environment.

“The fact that it is a difficult chapter means that we are entering a more serious phase of negotiations,” said Carl Bildt, the Swedish foreign minister for the rotating EU presidency, stressing that the enlargement process continues.

“It is an important step in relations between the EU and Turkey”, added Ahmet Davutoglu, Turkey’s foreign minister, hoping that in the future the negotiations will have “a greater impact” on preparations for the country’s accession to the EU.

“To open this chapter of negotiations, 26 different institutions and governments have worked diligently in Turkey”, explained Egemen Bagis, the Turkish minister of EU affairs, stressing the great attentions of Prime Minister, Recep Tayyip Erdogan, on environmental affairs.

Cumberland Properties enthusiastically welcomes this national focus having long been champions of environmental considerations when constructing property in Turkey.

Currently building is in full swing at Cumberland’s Woodland Regency project set in the heart of a beautiful, 5.4-acre, tranquil forest of pine and olive trees, abundant with wildlife, and conveniently located in the village of Konacık, much in demand by investors due to its close proximity to Bodrum’s elegant town centre and its ease of access to the peninsulas many other idyllic villages.

After constructing and selling property in Turkey for many years Cumberland Properties had already implemented measures to use during their building processes to become more environmentally friendly but great lengths are being taken to preserve the indigenous flora and fauna whilst works continue. Not only content with this unique approach to the construction of property in Bodrum, Cumberland Properties are also looking to enhance the natural environment.

Cumberland’s Landscape Architect Gözde Tavaslı’s careful selection and eye for detail extends beyond simply her choice of plants, cultivated at Cumberland Landscaping and Design, to compliment the natural landscapes, but also to areas such as the provision of nesting boxes in the woodland to encourage the already prolific diversity of birdlife to flourish further.

There can’t be many busy construction sites where sheep, geese and free-range chickens peacefully graze in the adjacent fields!

Currently at Cumberland Landscaping & Design stock exceeds 20,000 flowers, shrubs, trees and herbs all being grown simultaneously. Palm trees from seeds, basils, daises, cacti, roses and banana trees are the more recognisable names but the majority are local flowers and perennial plants that help Cumberland achieve a constant stream of blooms in their gardens.

Cumberland already had a fine reputation across the Bodrum Peninsular as a “green” developer in Turkey. But ever environmentally conscious and certainly not content to rest on their laurels (pardon the pun) they have dramatically expanded this side of their business.

With the acquisition of an additional site, just south of Bodrum Milas Airport – keep an eye out for it beneath the “Cumberland Properties” sign on the right hand side of the main road as you travel south toward Bodrum – they will be able to better serve the local community.

This expansion has been fuelled, in part, by an increase in demand from other local developers and wholesalers who clearly envy their green fingers!

Cumberland Landscaping & Design not only aim to expand their business to cater for this sector of the market but also to offer their services to the wider community by the provision of a retail outlet.

Gözde Tavaslı will also be extending her services and considerable expertise by offering her talents not only within Cumberland but also on a consultancy basis to other developers as well as members of the general public.

For more information on Woodland Regency contact: Volkan

For more information on Cumberland Landscaping & Design contact: Gozde

August 16, 2010

Bodrum The Presidential Choice

Filed under: Bodrum Property Developer — Tags: , — admin @ 10:34 am

Georgia’s President Mikheil Saakashvili has arrived in Bodrum for his holidays.

Saakashvili who arrived on Saturday at Bodrum - Milas airport aboard a private
jet was escorted to the hotel where he will be staying amid close security measures.

The duration of Saakashvili’s stay in Bodrum is not known.

August 9, 2010

Turkey A Location That Is Much In Demand

Filed under: Bodrum Property Developer, Turkey — Tags: , — admin @ 9:31 am

Turkey remains in the top 5 holiday destinations globally with just under 30 million tourists flocking to its stunning beaches annually. Turkey’s superb climate which, boasts over 300 days of sunshine a year, together with its alluring quality of life, help to sustain this position.

Turkey itself is in the midst of a property boom. Turkey’s current accession talks for membership of the EU, with likely inclusion as a full member in the near future, are progressing at a meteoric pace and are adding to the burgeoning interest in the Turkish property market.
Turkish property still offers massive potential for returns on investment. Last year property prices rose by circa 50% with a proportionate increase in people looking to purchase homes in Turkey. This year has seen prices increase by a further 30%. This extra demand is set to push prices up significantly and further underpins the market.

Since its application for EU membership, Turkey has received a host of foreign investment that will contribute to fast improvements to its infrastructure in readiness for EU inclusion over the next ten years. Already improvements are in evidence, with the recent refurbishment of the main road between Milas-Bodrum Airport and Bodrum. Additionally, there has been further investment from both Europe and Russia in relation to the respective Nabucco and South Stream pipeline projects.
Corporate investors are creating new resorts, golf courses and other tourist facilities and these are clear indications of a growing tourist economy that will continue to boost capital growth for today’s property investments.

The most popular spots for tourism and property purchase are along the Aegean and Mediterranean coasts and over the past eighteen months, the number of Britons owning property in Turkey has increased by more than 200%. It is now possible for foreigners to obtain local mortgages, further encouraging this emerging market.

It’s not just property investors who are showing a strong interest in Turkish property at the current time. Due to the low cost of living and beautiful natural resources Turkey is also an appealing location for second homes and a popular retirement destination for many Europeans.
The most popular searches for Turkey property are for Bodrum property.

August 3, 2010

Cumberland Landscaping & Design

Filed under: Bodrum Property Developer — Tags: , — admin @ 2:21 pm

Cumberland already have a fine reputation across the Bodrum Peninsular as a ‘green” developer in Turkey. But ever environmentally conscious and certainly not content to rest on our laurels (pardon the pun) we have expanded this side of our business. With the acquisition of an additional site, just south of Bodrum Milas Airport – keep an eye out for us beneath the “Cumberland Properties” sign on the right hand side of the main road as you travel south toward Bodrum – we will be able to better serve the local community.

This expansion has been fuelled, in part, by an increase in demand from other local developers and wholesalers who clearly envy our green fingers!

With the appointment of Gözde Tavaslı we aim not only to expand our business to cater for this sector of the market but also to extend our services into the wider community by the provision of a retail outlet.

Gözde will also be lending her services and considerable expertise by offering her services not only within Cumberland but also on a consultancy basis.

For more information contact: gozde@cumberlandproperties.net
or visit: www.cumberland-properties.com

April 17, 2009

Tourist hubs see boost in residential sales following government tax incentive

A reduction of the value-added tax (KDV) in the real estate sector, part of government’s efforts to fend off the ongoing global financial crisis, has led to an increase in the sale of residences in Turkey’s prominent tourism destinations.

After experiencing a 70 percent contraction in sales amid global financial turmoil, real estate agents in Alanya and Bodrum said sales had increased by 40 percent in just the last few weeks compared to the period prior to the KDV cut. Upon hearing of the tax break, parties interested in buying property here came from Norway, Denmark, Germany, the Netherlands and Ireland.

Alanya Real Estate Agents Association (ALEKOD) President Kerim Balıktay said the KDV reduction was the perfect “medicine” for the ailing sector. Underlining that they expect to sell some 10,000 residences in the coming months, he said they hope to earn 1 billion euros from the sales.

Bodrum Real Estate Agents Union (BEMDER) President Ömer Yetgin said sales in Bodrum increased by 45 percent following the KDV reduction. “Our sales contracted by around 90 percent, but now there is great interest — especially among foreigners — in the purchase of residences. Some of our colleagues had no chance but to close their real estate agencies amid a terrible financial bottleneck; however, there is a serious recovery in the market, at least for the time being,” he said.

Noting that the lowered KDV had reinvigorated the sector, Fethiye Real Estate Agents Union President Nevzat Tilkici said the price of residences fell by 40 percent compared to previous years. He said they had seen a 50 percent increase in sales, particularly in Side, Datça and Çeşme.

Nevzat Ersoy, the head of contractor Ersoy İnşaat, said their customers predominantly come from Norway, Denmark and the Netherlands. Tourists mainly choose residences by the seaside or with a view of the forest, he said.

Prices of residences in tourism hotspots

In Alanya, Antalya province’s famous tourist center, prices vary between 35,000 euros and 200,000 euros. In some of the most attractive parts of this famous district, a triplex villa with a view of the sea sells for 150,000-400,000 euros.

In Fethiye, know as the “pearl of the Aegean,” residences go for 30,000-100,000 euros, while prices in Bodrum, famous for its natural beauty, hover around 50,000-240,000 euros.

March 17, 2009

Property in Bodrum - Woodland Regency

Filed under: Bodrum Property Developer — admin @ 9:30 am

When buying property in Turkey only one place has real star attraction, Bodrum, and Cumberland Properties have the homes for sale in Bodrum for you.

Bodrum, the jewel of the Turkish Riviera, also known as the Turquoise coast, is an excellent investment opportunity for Turkish property and where your dream lifestyle can come true.

The alluring feature of buying property in Bodrum is its “St Tropez of Turkey” atmosphere, which allows you to have a relaxing day followed by an exhilarating night. During the day unwind in the sun, take a stroll around the shops or visit some of the ancient sites and as the sun goes down entertain yourself at one of the many bars and clubs.

Cumberland Properties Woodland Regency site, an exhibition of modern property in Turkey, sits within 5.4 acres of peaceful woodland consisting of 62 exquisitely finished units. With a choice between 1 and 2 bedroom apartments and 3 bedroom semi-detached villas it is the ideal development of Turkish property in Bodrum.

All the homes at Woodland Regency have been designed to offer a contemporary yet idyllic lifestyle, ensuring you peace and privacy. 24-hour security, free wireless internet and two large swimming pools give you the freedom to enjoy the many features available at Woodland Regency and your property in Bodrum. An exclusive Club House on the south side of the development, surrounded by a forest of olive and pine trees makes it the perfect place to relax and rejuvenate.

Woodland Regency is an attractive development of Turkish property designed for the investor, holiday home owner and also ideally suited for all year round living. Located in Konacık, only 5 minutes from Bodrum Town Centre and the nearby sandy beaches of Bitez and Gumbet, it is in high demand by both locals and investors as its position on the arterial road gives it superb connections to the peninsula’s other villages and surrounding facilities. With unobstructed mountain views and only a short walking distance to markets, restaurants and public transportation it is an outstanding example of property in Turkey.

All of our properties in Turkey are built to the highest standards and we only use quality materials and fittings to guarantee you piece of mind. This is what makes Cumberland’s Properties homes for sale in Bodrum the very best around.

March 6, 2009

Property in Bodrum - Seaview Regency

Filed under: Bodrum Property Developer — Tags: — admin @ 12:32 pm

If your thinking about buying property in Turkey then there is only one place you should be looking, Bodrum, and Cumberland Properties have the homes for sale in Bodrum for you.

As the pride of the Turkish Riviera, the Bodrum peninsula is a holiday haven for Turkeys high society and you too can join this exclusive club of Turkish property owners and get that dream lifestyle you desire.

The Bodrum Peninsula in south-west Turkey literally has something for everyone and that is the reason why so many people are not just buying property in Turkey but are buying property in Bodrum. From pretty fishing villages and idyllic secluded bays, to the energetic bustle of Bodrum town and its plush bars and clubs, it is easy to see why it has become known as ‘the St. Tropez of Turkey’.

Cumberland Properties Seaview Regency Prestige development consists of 19 beautifully constructed villas, showcasing modern property in Turkey at its best. 13 two storey detached villas and 6 three storey semi-detached villas combine to make it the quintessential development of Turkish property in Bodrum.

Each villa is open-plan, styled to create a light and airy ambience, crafted to fashion an exquisite atmosphere, emanating class and making it fabulous for both entertaining and relaxing. The elegantly laid out landscaped gardens and uninterrupted views of the Aegean Sea reinforce the sense of opulent living as you realise your dream of owning property in Bodrum, whilst access to a large pool terrace with a bar and sun loungers completes the holiday feel.

The elegant and stylish Seaview Regency Prestige development is located on a gently sloping hill overlooking the bay of Küçükbük amongst some of the most dramatic scenery on the peninsula. This property in Turkey is nestled between the tranquillity of Gündoğan and the glamour of Göltürkbükü; only a 5 minute walk to a sandy beach and only 15 minutes away from the cosmopolitan town centre of Bodrum. Gündogan village itself is small and calm with clean and enjoyable beaches, cafes and restaurants providing local food with an authentic ambiance.

All of our properties in Turkey are built to the highest standards and we only use quality materials and fittings to guarantee you piece of mind. This is what makes Cumberland’s Properties homes for sale in Bodrum the very best around.

January 20, 2009

Bodrum Property Developer in Turkey

Cumberland Properties specializes in building high quality Bodrum Property. With over 5 years of experience in designing and developing properties in Bodrum, Cumberland Properties is proud to say it has made hundreds of happy homeowners in the Bodrum Peninsula. Bodrum Property is high in demand for property investors and holiday home buyers from the United Kingdom, Ireland, the Netherlands, Germany, Scandinavia and Russia.

Bodrum offers year-round great weather, colorful entertainment, historical sites, delicious dining, cheap shopping and overall peace and tranquility that will add years to the life of all those that live and visit here. With the latest Vita Park Golf Course and the Bodrum Golf Club serving the golf fans in the Bodrum area, it is no wonder why so many people choose Bodrum at the top of their holiday destination.

Covering an area of 649 square kilometres, Bodrum is situated on Turkey’s Aegean coast and holds a unique history that stretches back 2,000 years. Located between Europe, the Middle East, Asia and the Black Sea, Bodrum is home to one of the Seven Wonders of the World – the tomb of Mausolus who ruled on behalf of the Persians from 377 to 353 BC. More recently Bodrum has become a tourist mecca attracting hundreds of thousands of European and domestic holidaymakers each summer.

Renowned for its bougainvillea-splashed sugar-cube houses and vibrant nightlife, Bodrum also boasts excellent restaurants, a great museum and various local markets selling food and clothing, which run throughout the week. There is little humidity on this stretch of the coast, with the summer heat tempered by sea breezes and the sun often shining continuously from May to October. Winters in Bodrum are also mild and because of these pleasent year-round temperatures, the resort is more than a one-season town and attracts visitors throughout the year, aided by Bodrum’s international airport, which is well served by charter flights, making access from the UK easy.

Bodrum’s skyline is dominated by an imposing Crusader Castle which overlooks the harbour and the international marina. Beyond the town itself, much of the Bodrum peninsular is carpeted in olive groves and ringed by smaller resorts, beaches and new marinas at Turgutreis and Yalikavak.

Since the Turkish law change allowing non-Turkish citizens purchase property in designated areas, Bodrum Property has more than doubled in value and continues to do so. The stable economy of Turkey and the lower property prices compared to their counterparts in most of Europe, Bodrum Property is attractive to most investors.

Investors thinking of purchasing a rental property in Turkey may be able to look forward to healthy yields, it has been claimed. Turkey currently offers good value housing for foreign buyers and its popularity with holidaymakers and businessmen means that there will be a solid demand for property, reports Property Wire.

People who are thinking of buying a Bodrum property have been advised that investing in Turkey could be highly profitable. According to Aston Lloyd, this European country is an emerging market which offers very competitive house prices. However, growth in the market means that property values are on the up, which means investors who buy early could benefit from capital appreciation.

Overseas property investors are being encouraged to take advantage of recent developments in Turkey. According to property author Dominic Whiting, low-cost airline easyJet is now flying between Gatwick and Dalaman four times a week. This means that it could be an ideal location for people who are thinking of buying a buy-to-let property overseas, as this could trigger growth in the tourist sector. As a result, owners of holiday accommodation could enjoy higher occupancy rates and greater rental yields.

A growing number of overseas property buyers are choosing to invest in Turkish property, a local news provider has said. According to the Turkish Daily News, investing in the country’s property market has become a “hot new trend” among buyers from other nations. The newspaper said this was largely due to Turkey offering greater potential for capital growth than more established foreign property hotspots in Europe. In addition, it stated the country’s population was likely to rise as it became more prosperous, resulting in greater demand for property.

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