The Bodrum Peninsula region is a vital one for Turkey in terms of real estate investment. It's established amenities and location near to an international airport means a steady flow of tourists, yet the area still has underpriced property available. All signs are that prices will not stay low for long.
Marbella, Spain (PRWEB) March 14, 2007
Obelisk International chooses Tuzla Lake Apartments as its latest investment opportunity. The complex of 114 studio, one and two bedroom apartments is near to the popular resort of Bodrum in Turkey and is four miles from the nearest beach. The apartments are built in a modern, mediterranean style and each come with a private parking space, while most have lake and golf course views.
The Tuzla Lake site is developed across 17 two storey blocks with all apartments located on the first floor having rooftop terraces. The entire site has restricted and secure access and there are gardens planted throughout. On-site facilities include two swimming pools and a clubhouse with showers and changing area. Tuzla Lake is three miles from the Vita Park development which has two 9 hole golf courses and one 18 hole golf course.
The chosen location for Obelisk International's latest project is on Turkey's Bodrum Peninsula. This popular tourist area has a consistently high amount of international and domestic tourists due to its natural beauty and the amenities on offer in the busy port of Bodrum itself. Tuzla Lake Apartments are ideally positioned to benefit from all that the region has to offer.
The growth in Bodrum's tourism is being felt in the local property market. Investors are reporting healthy rental yields as well as inherent capital growth - prices in the area have risen by 25% in the past year. Obelisk International's Market Analyst, Veronica Castro, explains: "The Bodrum Peninsula region is a vital one for Turkey in terms of real estate investment. It's established amenities and location near to an international airport means a steady flow of tourists, yet the area still has underpriced property available. All signs are that prices will not stay low for long."
For more information on investment hotspots and to find out about Obelisk International's exciting new projects, contact Kevin Prior, Sales Director, Obelisk International. +34 952 820 319 or kprior (at) obeliskinternational.com
About Obelisk International
Obelisk International offers investors opportunities to invest in various selected real estate projects from around the world. Investors are offered involvement in ventures that represent unrivalled opportunity, potential and ultimately, return on investment. The service they provide to investors is based upon three key aims: price, profit and performance.
Press Contact: Santiago Sanchez-Lozano, Marketing Director, Obelisk International, +34 952 820 319 or santiago (at) obeliskinternational.com - http://www.obeliskinternational.com/