Altinkum Marina drives up prices

 

Altinkum MarinaOver the course of the past few years we have seen considerable increases in the prices of property in Altinkum and the surrounding areas. There are a number of reasons which could be given, most notably the overall increases in tourist visitors throughout Turkey which have resulted in an increase in demand throughout the country from investors and holiday homeowners alike.

 

However, whilst there has been an increase in the price of property throughout Altinkum, these increases in property prices have been most notable in the property in and around the Altinkum Marina Road. As is found in so many markets, the properties surrounding the Marina is proven to offer higher rental yields on average than those further away.
 
In addition to the convenience of being in close proximity to the Marina, there is also the additional consideration of limited space on which to build. This is especially true of the property in Altinkum arena of where the majority of the land in the surrounding area is in fact turned by the Turkish government. As such this land cannot be built on, leaving limited supply in the immediate vicinity of the Marina. Understandably, the combination of these factors has resulted in an overall increase in the price of property in Altinkum Marina, something which has proven highly attractive to many overseas investors.

 

In keeping with the new developments surrounding the Altinkum Marina, there will be many new cafes, bars, boutique shops and restaurants in the immediate vicinity. All of which will be hoping to capitalise on the more affluent visitors to the Altinkum Marina area. To date and number of new developments have been launched in the area, and already they have proven popular with investors. The are a number of new projects in the pipeline along Turkey's Aegean and Mediterranean coasts, many of which will be using the development at Altinkum Marina as a blueprint.

 

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