Liverpool, United Kingdom (PressExposure) October 13, 2009 -- Turkey and Golf are inseparable. The Turks just love their golf. This explains the spurt of golf courses all over the country in the recent years. Along with the increase in golf courses, the property around these sporting facilities has also witnessed steep hike in prices. This is because of the prestige value associated with the properties nearby the golf courses and resorts.
The Turkish Ministry for Culture and Tourism has recently proposed to set up two new golf courses for Altinkum and Akbuk areas. The announcement was enough to set the investors on exploratory missions to this part of the country. These 18-holes golf courses, when they are ready, are expected to boost tourism in the region manifold. Already, Altinkum is a hot tourist destination in Turkey due to its unparalleled coastal lifestyle. So, the decision of the Ministry for Culture and Tourism was greeted with open arms both by the locals as well as the international investors.
The Ministry has already earmarked the sites for both the golf course. One will be located at Mercimek, which is situated on the seafront just across a small bay from Yesilkent, approximately three kilometres from the centre of Altinkum. The other one will be located just off the Didim to Akbuk road, quite far inland as you approach the 5-star Akbuk Caprice Hotel.
The Ministry had invited interested developers to buy land being auctioned in February 2007. It was rumoured that Spanish real estate major, FADESA, evinced a great interest in the project. However, the latest news on these proposed golf courses is that the development plans have been suspended due to certain environmental concerns raised by the Green lobby. Just as the announcement for the winning tenders was due to be announced, the Council of State declared that these have all been suspended for the time being.
The Council of State said: âAlthough there is benefit in allocating forest lands for tourism, it is certain the public benefit in keeping them as forests has more priority and it is of higher value. Since this determination, the allocation of public land to tourism investments has been suspended.â This decision meant suspension of 53 allocations all across the country, including the two golf courses planned for Altinkum and Akbuk.
However, every thing is not lost. The plans are only suspended, not revoked. The Ministry realises the fact that more golf courses mean more tourists mean more revenue. This is a cycle that no government would like to break. Moreover, the Altinkum and Akbuk areas are known for their large and rapidly growing expatriate community, which canât imagine life without their favourite sport. Therefore, it is reasonable to expect that the golf courses will see the light of the day sooner than later.
Planned Golf Courses and Property in Altinkum [http://www.azureoverseas.com/turkey] and Akbuk
Firstly, the planned golf courses are not the only source of attraction in the Altinkum and Akbuk areas. These places are naturally gifted and boast of heavenly beauty in the form of long coastal belt coupled with the preservation of historical and cultural remains. Moreover, Turkeyâs second largest Marina â the D-Marin Didim Marina â is also on course for summer 2009 launch. The place is set for hosting high-end tourist activities throughout the year. By their own admission, the Tourism authorities of Turkey intend to make Altinkum and Akbuk a 12-month tourist destination.
This all-round development of the area translates into tremendous investor interest in the area. Not only the UK investors, but Altinkum and Akbuk are also attracting local real estate investors as well. In fact, with so many overseas investors buying in the area, the Ministry has converted it into a Culture and Tourism Reserve Zone and will be looking at ways to enhance tourism in the area.
Golf in Turkey has known to create huge amount of interest among the international investors. This is because the country has some of the best golf courses in the world as well as the perfect weather to enjoy the greens. Didim, the major town that feed Altinkum, is expected to have as many as 9 more golf courses in the coming months. All this augurs well for the already bullish real estate investors.