Kusadasi, one of the first Turkish towns to become a tourism center, has been in a different kind of rush in recent months. Restaurants, jewelery shops, even leather artisans are involved in real estate. The reason behind it is because the foreigners who come to the town come in large groups to purchase property. There has been a considerable increase in the number of properties sold to foreigners. Figures provided by Kusadasi local administrator Ahmet Ali Baris support this recent increase in the number of asset acquisitions.
He said: Until now, 2,023 properties have been sold to foreigners in the area. Around 600 of them were sold in the last 18 months. There are also acquisition applications waiting to be processed. The number of properties sold will increase considerably once they are processed.
Baris noted: Anyone can see the rejuvenation of the town. Wherever you go, you see billboards advertising new properties for sale. We are trying to control the situation to avoid damaging Kusadasi's image. We are taking precautions to prevent fraud and other problems from occurring. Real estate agents are everywhere. Estate Agent notices feature almost all the shops. Due to Irish and British citizens being the people most drawn to Kusadasi, one can see sales advertisements in all shop windows. While I was going to the municipal building, I saw a leather shop, where half of the front window featured leather products and the property sales advertisements. Selling property and leather products in the same shop!
I entered the shop and asked about this strange mix of occupations. Okan Bicersoy, the talented individual who manages the establishment, smiled and said: Our real occupation is tourism. We started to sell real estate due to customers' demands. Every year one occupation becomes more popular than the others. For the last two years there has been a move towards the real estate sector. It would violate the commercial principles of the region and the sector not to be involved in real estate. Until we establish our own separate real estate office, we will work from this shop. After that, we'll also get involved in construction.
Bicersoy also admits that the high number of real estate businesses could cause certain problems, adding: Shopkeepers will always be shopkeepers. They sold three villas in the same cooperative for three different prices: one for 50,000 euros, another for 80,000 euros and one for 120,000 euros. Of course, the owners talk to each other, and when they hear about the discrepancies they file complaints.
Realtors' association founded:
Price discrepancy is not the only reason foreigners complain. One of the most serious problems is the fraud that takes place when the purchase transaction takes place. Foreigners who do not want to wait until all the paperwork is completed purchase properties in the name of a Turkish citizen, usually the real estate agent himself. The foreigners tend to pay the money and later transfer the title of the property to themselves. This is when most of the problems occur. According to Kusadasi Real Estate Agents Assistance and Cooperation Association (KUSEMDER) figures, there are around 150 to 200 complaints filed due to problems that occur during this process. Association President Mustafa Oguzkan, who has been involved in the real estate business for many years, is disturbed about the chaos that has ensued in recent years.
We see real estate advertisements featured in restaurants and even promoted by street vendors.
Oguzkan founded the association to put a stop to the chaos after the number of real estate agents increased to more than 300. KUSEMDER has printed and distributed guidelines that need to be followed by all agents. They are trying to prevent chaos and conduct inspections with the cooperation of local government officials.
They come in droves'
The municipal government is also one of the institutions that are trying to adapt to the incredible pace of change in the region. Kusadasi Mayor Fuat Akdogan said they had established a new bureau and a complaint department just to resolve the problems and inquiries on property acquisitions by foreigners.
There are two large companies, one in Germany and another in Ireland, that fly people here just for property purchases. An Irish company even bought land and built villas there in accordance with their plans. They finished the construction of the villas before summer. The number of foreigners who live here is increasing rapidly. As of the year 2000, 1,130 foreigners had moved to Kusadasi. Now the figure is 4,990, he said.
When asked about the reason behind the increase in popularity of real estate, he said it was due to the efforts undertaken by Turkey to adhere to European Union norms. He said, They believe Turkey's EU membership will increase property values.
Leather shop manager and realtor Bicersoy admitted that the mayor's opinion was correct but added: There is also the matter of money laundering. Those who have some money stashed aside want to capitalize on the fact that Turkey is not yet an EU member.
Despite the differing opinions, the one thing all Kusadasi natives agree on is the need to channel this new interest in a direction that can benefit the municipality.
Administrator Baris said he wanted to resolve the summer house problem by utilizing the opportunity presented by purchases made by foreigners. He said the summerhouses owned by Turks were normally used only for a few weeks in the summer and that the buildings aged quite quickly due to a lack of upkeep. Baris, who, just like all the others in Kusadasi had great expectations for the future, said, Those houses can be utilized in a way to benefit the region.
So; Please deal with Real Real Estate Agents
Source:TurkishDailynews
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[Source: Kusadasi Property Business]
6 Eylül 2007 Perşembe
New Development, Suncity Villas 3
Are you looking for a beautiful vacation home, a home away from home or a clandestine beach getaway pad ? Suncity 3 , a truely unique new development by Kusadasi Realest Properties, is located at the gorgeous coastal town of Kusadasi, Turkey. The town of Kusadasi is located on the Aegean Sea, 80km from Izmir, and is known to be one of the most attractive and beautiful holiday locations in the region. Kusadasi boasts premier beach resorts and lures many British and Irish tourists looking to experience some much-needed sun. Many Brits, Irish and Germans are buying up property in Kusadasi and the area has seen a boom in real estate development in recent years. Kusadasi is a terrifically sunny region with a Mediterranean climate, perfect for vacationing in the middle of winter!
Many people who come to the region are so enchanted with Kusadasis convivial attitude towards tourists and bountiful sandy beaches that they find themselves wanting to invest in the region and buy a convenient vacation home or property. Suncity III is the perfect new development for foreigners who want to make a home for themselves in Kusadasi. Located just 3km away from the town of Kusadasi, the unique imaginative 15 villas in Suncity 3 are now on the market with Kusadasi Realest Properties.
The Suncity 3 villas are a safe and secure development, with a 24-hour security guard and intercom system at the entrance to the complex and between villas. Suncity 3 residents can enjoy luxurious amenities such as the communal swimming pool occupying 1,300 square meters, two pool bar islands occupying 1,700 square meters, sunbathing terraces, Jacuzzis, personal satellite TVs, private gardens, beautiful partial or full sea views from the balconies in each villa, private garages and romantic fire places for chilly winter nights. Suncity 3 also provides round-the-clock shuttle transportation to the town of Kusadasi for shopping, beaching or sightseeing. Suncity III is conveniently located 45 minutes from the International airport and close to many historical Turkish destinations.
Each unit in the Suncity 3 villa property development has 2 floors containing 4 large bedrooms, 3 bathrooms, 2 balconies and a large combination kitchen and living room area. All of the properties have sea views or partial sea views and private and communal gardens.
Each villa has been constructed with reinforced concrete, providing 30 MPA strength in C25 concrete class. All property units in Suncity 3 have been designed and engineered to protect against heat loss and insulate against moisture. The exterior of each villa has been manufactured with a sturdy steel structure. All of the windows are double-glassed to protect against noise and heat loss. The Valencia style roof tiles add a Moorish touch to each property, as do the ceramic tiled patio areas.
Kusadasi Realest Properties and Developers of Suncity 3 villas are very concerned for your safety and health. There is only one entrance to the complex, guarded 24 hours a day, 7 days a week for your protection. The complex also has 24-hour medical services available, should you have any health or emergency concerns.
Please view the property details and photos here.
To Look into the site plan more closely please click here for zoom-in.
To receive more information on this property, Please contactKusadasi Realest Properties ,
and by email, info[at]kusadasirealest[dot]com ,
By Phone, +90 256 6144955 .
Read More...
[Source: Kusadasi Property Business]
Many people who come to the region are so enchanted with Kusadasis convivial attitude towards tourists and bountiful sandy beaches that they find themselves wanting to invest in the region and buy a convenient vacation home or property. Suncity III is the perfect new development for foreigners who want to make a home for themselves in Kusadasi. Located just 3km away from the town of Kusadasi, the unique imaginative 15 villas in Suncity 3 are now on the market with Kusadasi Realest Properties.
The Suncity 3 villas are a safe and secure development, with a 24-hour security guard and intercom system at the entrance to the complex and between villas. Suncity 3 residents can enjoy luxurious amenities such as the communal swimming pool occupying 1,300 square meters, two pool bar islands occupying 1,700 square meters, sunbathing terraces, Jacuzzis, personal satellite TVs, private gardens, beautiful partial or full sea views from the balconies in each villa, private garages and romantic fire places for chilly winter nights. Suncity 3 also provides round-the-clock shuttle transportation to the town of Kusadasi for shopping, beaching or sightseeing. Suncity III is conveniently located 45 minutes from the International airport and close to many historical Turkish destinations.
Each unit in the Suncity 3 villa property development has 2 floors containing 4 large bedrooms, 3 bathrooms, 2 balconies and a large combination kitchen and living room area. All of the properties have sea views or partial sea views and private and communal gardens.
Each villa has been constructed with reinforced concrete, providing 30 MPA strength in C25 concrete class. All property units in Suncity 3 have been designed and engineered to protect against heat loss and insulate against moisture. The exterior of each villa has been manufactured with a sturdy steel structure. All of the windows are double-glassed to protect against noise and heat loss. The Valencia style roof tiles add a Moorish touch to each property, as do the ceramic tiled patio areas.
Kusadasi Realest Properties and Developers of Suncity 3 villas are very concerned for your safety and health. There is only one entrance to the complex, guarded 24 hours a day, 7 days a week for your protection. The complex also has 24-hour medical services available, should you have any health or emergency concerns.
Please view the property details and photos here.
To Look into the site plan more closely please click here for zoom-in.
To receive more information on this property, Please contact
and by email, info[at]kusadasirealest[dot]com ,
Read More...
[Source: Kusadasi Property Business]
Istanbul journal: Getting Lost (Figuratively) in Istanbul
"Time stands still here. I don`t worry about anything - what day it is, what time..nor do I care. I am living in complete bliss!"
a entry by Myra-World Explorer from a trip to Istanbul, Turkey.
I love every single facet of Istanbul - from the grandiose mosques to the gregarious people. I have to thank my former colleague, Erin, for recommending this place. I never knew how amazing this visit would be.
Stepping foot in my hostel -Paris Hostel and Hotel- was an immediate relief. I saw numerous tourists in the common area and based on the vibe alone, I knew I picked the right place. Soon after I checked into my dorm room, I received a much appreciated call from my Will (referring to the character from "Will and Grace"), Rene DValery. It was so nice to hear from someone ...
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[Source: Turkey Travel Blogs on RealTravel]
3 Eylül 2007 Pazartesi
Istanbul journal: Getting Lost (Figuratively) in Istanbul
"Time stands still here. I don`t worry about anything - what day it is, what time..nor do I care. I am living in complete bliss!"
a entry by Myra-World Explorer from a trip to Istanbul, Turkey.
I love every single facet of Istanbul - from the grandiose mosques to the gregarious people. I have to thank my former colleague, Erin, for recommending this place. I never knew how amazing this visit would be.
Stepping foot in my hostel -Paris Hostel and Hotel- was an immediate relief. I saw numerous tourists in the common area and based on the vibe alone, I knew I picked the right place. Soon after I checked into my dorm room, I received a much appreciated call from my Will (referring to the character from "Will and Grace"), Rene DValery. It was so nice to hear from someone ...
Read More...
[Source: Turkey Travel Blogs on RealTravel]
24 Ağustos 2007 Cuma
Istanbul journal: Getting Lost (Figuratively) in Istanbul
"Time stands still here. I don`t worry about anything - what day it is, what time..nor do I care. I am living in complete bliss!"
a entry by Myra-World Explorer from a trip to Istanbul, Turkey.
I love every single facet of Istanbul - from the grandiose mosques to the gregarious people. I have to thank my former colleague, Erin, for recommending this place. I never knew how amazing this visit would be.
Stepping foot in my hostel -Paris Hostel and Hotel- was an immediate relief. I saw numerous tourists in the common area and based on the vibe alone, I knew I picked the right place. Soon after I checked into my dorm room, I received a much appreciated call from my Will (referring to the character from "Will and Grace"), Rene DValery. It was so nice to hear from someone ...
Read More...
[Source: Turkey Travel Blogs on RealTravel]
18 Ağustos 2007 Cumartesi
Istanbul journal: Getting Lost (Figuratively) in Istanbul
"Time stands still here. I don`t worry about anything - what day it is, what time..nor do I care. I am living in complete bliss!"
a entry by Myra-World Explorer from a trip to Istanbul, Turkey.
I love every single facet of Istanbul - from the grandiose mosques to the gregarious people. I have to thank my former colleague, Erin, for recommending this place. I never knew how amazing this visit would be.
Stepping foot in my hostel -Paris Hostel and Hotel- was an immediate relief. I saw numerous tourists in the common area and based on the vibe alone, I knew I picked the right place. Soon after I checked into my dorm room, I received a much appreciated call from my Will (referring to the character from "Will and Grace"), Rene DValery. It was so nice to hear from someone ...
Read More...
[Source: Turkey Travel Blogs on RealTravel]
14 Ağustos 2007 Salı
Istanbul journal: Standing On Two Continents
"Two Days in Istanbul - Enough to Know You Need More!"
a entry by Wandering Spaulls from a trip to Istanbul, Turkey.
After Naxos we returned reluctantly by ferry to Athens, where we spent another night, and then caught the train to Thesaloniki (about 5 hours North), where we caught another sleeper train to Istanbul, which was a long overnight journey. For future travellers we would point out that there are actually very few options to get from Greece to Istanbul (may have something to do with the not-great political relationship between the two states) - we were very suprised at how difficult it was to get a ferry (for instance) - very expensive and very infrequent. The best option (although a real pain) ...
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[Source: Turkey Travel Blogs on RealTravel]
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