Golf resort to provide Turkish property investment boost?
An increase in Turkish investment property could be seen following the approval of a new golf resort in the resort of Altinkum.
The country's Ministry of Culture and Tourism and local planning officials have given the go-ahead to the £22.8 million development, Didim Today reports.
It comes as the government attempts to expand Turkey's tourism industry, with yachting also a focus as a 450-berth marina is set to open next year.
According to the news source, a 15% increase in visitors is expected by the country this year and editor of the Buying in Turkey guide Dominic Whiting predicted that the 170-acre golf course will prove attractive.
"It will certainly broaden the area's appeal and have a positive effect on the property market," he said.
This week, Turkey becomes the first country to host the International Monetary Fund and World Bank meetings for the second time, having first held them in 1955.
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