Turkey’s growing marine tourism sector is expected to boost interest in property in coastal resorts in 2015 thanks to a raft of world class marinas.Many of them are less than a year or two old and attracting an increasing number of lifestyle property inve

Growth Of Luxury marinas In Turkey Boosting Coastal Property Sector

Growth Of Luxury marinas In Turkey Boosting Coastal Property Sector


Turkey’s growing marine tourism sector is expected to boost interest in property in coastal resorts in 2015 thanks to a raft of world class marinas.Many of them are less than a year or two old and attracting an increasing number of lifestyle property investors.

Resorts with world class marinas along Turkey’s pretty Aegean and Mediterranean coastlines have become property hot spots, not only for foreign investors but also members of Turkey’s rising affluent middle class, many of whom are based in Istanbul.

Some of Turkey’s newest and most desirable marinas include Palmarina in Yalikavak-Bodrum, D-Marin Marinas in Göcek and Didim, the latter being Turkey’s largest marina. There are others in Finike and Antalya.

‘Turkey’s upped its game in maritime tourism in recent years and we’re beginning to reap the rewards. That said, there’s more to come, as the government has a target number of berths to hit before 2023,’ said Julian Walker, director at Spot Blue International Property.

‘Areas such as Bodrum and Göcek have become highly fashionable hang outs for the world’s sailing jet set, who attract chic restaurants and boutique shopping, as well as higher property prices. Istanbul’s hosting of the World Marine Conference in June this year will raise awareness of Turkey’s world class marinas even more,’ he explained.

One British couple who have benefited from owning a property in one of Turkey’s most desirable marina resorts are Jim and Elizabeth Wainwright. In 2008, the Wainwrights bought a four bedroom, four bathroom detached villa in the resort of Göcek, where they also keep their 50 foot yacht. Their property, which they purchased off plan from the developer, is a 10 to 15 minute walk from the marina.

‘We were already familiar with Göcek from mooring our yacht there, so we knew we wanted to buy a villa in the resort. Göcek is regarded as the boating centre of Turkey,’ said Jim.

‘It actually has a number of marinas, including the most expensive one in Turkey, and attracts wealthy Turks as well as affluent foreigners, including Russians. There are no high rise buildings and we love the calm, cosmopolitan atmosphere, as well as the selection of excellent international restaurants and I’ve got to know many of the bar and restaurant owners over the years,’ he added.

They have found that reaching Göcek from their home in the West Midlands, in the UK, is easy with direct flights to Dalaman Airport from Birmingham, East Midlands or Manchester. ‘Göcek is just a 20 minute transfer from Dalaman Airport. In fact, it once took me just 45 minutes from landing there to being sat on the yacht with a drink in my hand, I timed it,’ Jim pointed out.

The Wainwrights spent around £30,000 kitting out their villa, which came furnished to European standards and with its own pool. They also began letting it successfully two years ago.

 

However, after six years of ownership they are ready to sell, not because they don’t like it or have fallen out of love with Göcek, but because they prefer to be on water. ‘When we come to Göcek now, we find that we are spending increasing amounts of time on our boat and not getting much use out of the villa. It makes more sense to sell,’ Jim added.

Source: Propertywire

Nurullah KIRMACI / emlakcoulisse.com