Altinkum/Didim’s Golf receives green light and boosts prices for property for sale in Altinkum/Didim! with 20 Million Pound Project

A new theme park is set to be constructed in the Ören district of Muğla which is only 1 ¹/2 hours from Didim.

With a total investment of $3.2 billion. A total of 17,000 people will be employed as part of the project, titled the Mediterranean Integrated Amusement Centre, which has already received approval. The project will come into being after the final approval is published in the Official Gazette.

The Disneyland in Paris and the Heidi Park in Germany are two of the models on which the project, to be created on a 5,200-acre lot in the Aegean city of Muğla, will be based. Prepared by the Konsept Yatırım Destinasyon's manager and tourism agent Tekin Erdoğan the resort will embrace the entire Mediterranean. Construction work will take about two years.

  

12,000 Visitors expected every day

 

The amusement park in Muğla is set to be bigger than Disneyland Paris, and the Ottoman Seljuk architecture is expected to give life to the complex. Animation shows and Disney characters will welcome 12,000 visitors a day to this all-star resort, which will include seven-star hotels and 8,000-bed capacity accommodations bringing the log house concept together with technology. Construction of a dock is also going to be part of the project in order to bring in more people by ferries and yachts.

Altinkum/Didim only 90 minutes from Disney Land Style Theme Park - 1.6 Billion Pound Investment

Tesco plans to invest about $750 million (£380 million) on tripling the size of its business in Turkey to more than 150 stores over the next five years.

A TOP Tesco-Kipa executive has confirmed his retail giant’s plans to open a store in Didim, with an entertainment complex.
Mr Rahmi Sarıcı, the company’s Property Purchasing Regional Manager, said he hoped the location would also transform the shopping habits of the people in the region.

Mr Sarıcı said the company planned to build a shopping centre in AltinkumDidim, with a cinema and a bowling hall; but were still investigating land options. He confirmed he had started negotiations on the land owned by Mr Çetin, next to the Opet Petrol Station, but he was also in contact with other landlords as well.

And continued “Our aim is to increase the number of our shops across Turkey, and Didim is one of our priority targets”.

Altinkum/Didim is priority! for Tesco’s Expansion Plan in Turkey

The story of Didim and the immediate vacinity is truly a fairytale come true for the local residents.

Only 15 years ago, Dotted along the waterfront were small lokantas, tea houses and fishing shacks, and at the harbour end of the beach, small fishing boats were moored, in readiness to go out before sunrise to haul in the daily catch. There was no promenade, no lawns, no lighting; just a rough shingle and mud track.

Today’s Didim, its residents and Ex-pat community are all enjoying the growth, prosperity and amenities that a modern town has to offer.

And the story hasn’t finished yet...

And so the story continues from Rags to Riches

 

BREAKING NEWS!!!        10-12-2008

 

DIDIM'S local newspaper The Voices spoke exclusively to Mr Turgay Kınacı, a representative of a Turkish-based Company, Atlas, which has officially signed up to a 49-year lease to operate a GOLF COURSE on land designated by the Ministry of Culture and Tourism here in Didim!

The designated area covers 173 acres of land on which there will be allocated a clubhouse, an 18-hole golf course and holiday village with a capacity of 420 beds.

Mr Kinaci, a map engineer based in Milas, confirmed the project would cost $40 million (approximately £20 million) with the golf course costing close to $10 million.

“The project has been put to public consultation and there are no objections.” He added: “As far as we are concerned, once all the legalities are complete,

 

Atlas will build the first golf course in Altinkum/Didim.

It will be a major boost to tourism to the whole area.”

With the banks now lending at their lowest rate in decades, many experts are suggesting there has never been a better time to consider releasing equity from their property or getting a small mortgage to invest in another country where the property market is still bouyant.

 

Altinkum and Didim especially, has been singled out as a Property Hotspot for invesment due to the massive amount of investment it is currently receiving.

 

Mayor of Akyenikoy Yilmaz Oz stated that this is the second biggest wind turbine construction in Turkey.

Altinkum/Didim and all its environs uses 120million kw per annum and this new installation will produce 122 million kw per year. We are ensuring Altinkum/Didim’s electrical infrastructure expands ahead of the current housing market growth that we are currently experiencing.

The company Ayen Energy is using Denmark-Indian technology in the wind turbines which is believed to be the most developed technology.

The civil engineer of the turbines, Berk Dundar said that this will be as important as the marina construction is for Altinkum/Didim.

 

The turbines were completed in October and were officially opened by Turkey’s Prime Minister Recep Tayyip Erdogan.

Altinkum/Didim’s Electric receives 35 Million pound “Eco Friendly” Investment

Civil engineer Gokhan Ozerk, site manager of the construction, stated that the works are progressing swiftly with 24-hours-a-day working pace.

Ozerk added, “Many hundreds of yachts will be housed here. We will have a separate section for their maintenance. Alongside trade areas, social facilities and swimming pools.

 

Although already accepting boats, the Grand Opening for the Marina has been scheduled for September 2009.

Drawing attention to the importance of the Marina, Kamaci commented further: “The Marina was the missing part of tourism in Altinkum/Didim and from 2009 onwards, we will be able to receive tourists from the sea too. Our customer portfolio will expand even further.

This will be Turkey’s largest non-commercial Marina, with its 1000 plus vessel capacity and is a huge blessing for us.

Officials responsible on site are working tirelessly and I thank them all.”

The Marina construction in Altinkum/Didim, one of the most important tourism centres in the Aegean Region, is rapidly progressing.

Mayor Kamaci announced, during an inspection visit, that the Marina construction undertaken by the Dogus Group on build-operate-transfer basis is planned to be finished ahead of schedule.

Kamaci emphasised that the Marina works continue uninterrupted and that he personally monitors the construction progress as he is frequently in touch with the officials on site.

Altinkum/Didim “Missing part of Tourism” receives 25 Million Pounds Venture

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2.5 million Euro support for Holy Road
Posted on Saturday, February 21 @ 12:14:29 CST

THE 22-kilometre “Holy Road” stretching from Altinkum/Didim to Milet has been selected for 2.5 million Euros in EU funding to support excavation by the German Nordrhein-Westfalische Academy archaeology department.

The Holy Road runs between the Temple of Apollo in Altinkum/Didim, one of the most important ancient religious sites of the sixth and seventh centuries B.C., and Milet.

New Flights Into Bodrum Boosting Local Property Market

Posted February 9th 2009

EasyJet is to start running new direct flights from London to Bodrum from April 23. The new flights are to run three days per week; Mondays, Thursdays, and Saturdays.

 

This is yet more good news for the property market on the Aegean Coast. The announcement of new flights is good for the whole property market, but perhaps more so for Didim as the announcement will show potential investors that Didim is a growing touristic destination within Turkey.

Visitor numbers to Turkey reached 23million for 2008, -- as projected -- and are projected to reach 30 million for 2009. These new flights will help ensure these projections are met.

The fact that the flights are to be run by the low cost airline Easy Jet will be extremely beneficial to owners and potential buyers of properties in Didim and surrounding areas as it will give the British holiday makers access to short affordable flights, thus increasing occupancy on privately rented properties in Didim and surrounding areas.

Hilton to open 40 hotels in five years in Turkey

Date: 13th February 2009

Hilton Hotels Corporation made public its new investment plan in Turkey on Tuesday. The U.S.-based company is set to open 40 new hotels in Turkey within five years as the company sees high potential in the country, according to this investment plan.

Turkey is extremely profitable for international investors, said Didier Martin, vice president responsible for the company's international operations, adding that other Hilton brands such as "DoubleTree" are going to operate in Turkey.

"It cannot be said that we have realized these investments at a bad time, to the contrary, we believe that we have expanded in Turkey in the proper time," said Mike Collini, Hilton's vice president responsible for the development of northern Europe. "We will stand strong after the crisis through the realization of these projects," Collini added.

Hilton plans to increase its investments in Turkey more than two-fold within two years, said Collini, adding that the company plans to add more than 40 hotels to its portfolio in Turkey for the upcoming five years.

Turkey and beyond - Rewards of buying property

Date: 3rd February 2009

The Independent on Sunday - Our property prices may be stagnating but for Britons looking to turn bricks and mortar into profits, there is hope on the horizon – the far horizon.

Record numbers of investors are looking at a new raft of property hotspots around the globe – and Turkey is top of the list.

Overseas mortgage broker Conti Financial Services recently reported a 147 per cent increase in enquiries about Turkey year-on-year. For Spain, by contrast, enquiries fell by more than 28 per cent.

 
Property prices in Turkey rose between 15 and 20 per cent in 2007, reports estate agent Knight Frank, after a change in the country's mortgage law made finance available to overseas buyers. Yet prices are still cheap by UK standards. Julian Walker, managing director at Spot Blue says one-bed flats can go for as little as £25,000, two-beds for £50,000 and villas for £90,000.

Independent on Sunday 3 February 2009 (Invest in Turkey)

Cadbury injects $1 billion in capital into Turkish economy

Date: 23rd October 2008

Cadbury plc, the owner of one of Turkey’s leading confectionery makers is aiming to boost its production capacity by expanding its already huge Kent Gida plant making it the third largest confectionery plant in the world.

Ömer Tasçi, deputy general manager of Cadbury subsidiary Kent Gida, told Today’s Zaman newspaper that Cadbury’s sales in Turkey in the first nine months of 2008 have increased. “Judging from the trend, we are expecting to realize our targets this year,” Tasçi says, stressing that this will further increase the importance of Turkey within the group. He is optimistic that Cadbury will maintain this trend in Turkey in the future, as well. “We are the largest company in our industry class,” Tasçi asserts.

 Tasçi says the company achieved unbelievable progress in just six years. Kent Gida turned out to be one of the most rapidly developing Cadbury subsidiaries in the world. “We lead Turkey’s candy and gum markets with a 60 percent market share,” he notes. He explains that the company is now targeting $1 billion in revenue by 2012 and is looking for a spot among the top 50 companies in Turkey.

 Turkey approval by EU

 12.02.2009

The European Parliament's Foreign Affairs Committee has accepted a draft report on Turkey with 65 affirmative votes and only four opposing.

Dutch Parliamentarian Ruijten stated;

"This report should act as a mirror for Turkey"

Progress to date - 15th February 2009

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