The remarkable increase in the number of people who are leaving big cities and settling into a new life in other places has galvanized real estate agents to take action in order to attract investment from the new residents.
Real estate firms are developing new residence projects in the Aegean and Mediterranean regions of Turkey in order to provide residents with a wide range of alternatives and social facilities with the objective of meeting their demands and expectations. In addition to providing comfortable living spaces to their customers, these projects enable residents to feel at ease far from the stress of the big cities through sports such as golf and offer them the opportunity to extend their holidays to 12 months of the year through residence complex services. In addition, the high demand by foreign investors has also played a crucial role in the creation of residence complex projects in the regions.
Kayı Gayrimenkul's KA Golf project in Antalya's Belek, Doğa Gayrimenkul's Doğa Hanımeli project in Bodrum's Hebil Bay, Çakırlar Group's Gardens of Babylon project in Bodrum's Kadıkalesi and Regnum's Escada project in Bodrum are the major developments that have been launched in the two regions.
The houses in Regnum's Escana project, the sizes of which range from 360 square meters to 420 square meters, will be completed by 2010. The prices of the houses in Regnum's completed Bargylia project vary between YTL 163,000 and YTL 241,500. Meanwhile, the Ağaoğlu Companies Group is preparing to construct a big housing project in the region comprised of five hotels, two golf courses, a shopping center, social amenities and sports grounds. Istanbul-based Soyak Holding also plans to launch a residence project composed of 200 villas with gardens in İzmir's Urla district.
Meanwhile, Propa Construction has started to deliver the keys to its Royal Resort and Gümüşlük Gizli Vadi Evleri projects in Bodrum. Besken construction has completed its Terassu Hotel&Residence project in Bodrum. Semerkand Construction has also managed to complete its projects in time for the holidaying season. The company has finished the construction of two projects that started in 2007 and has already delivered the houses to their residents. Profilo Holding, which has started to re-invest in the construction sector through its new projects in Bodrum, has started to deliver the houses in its Turkuaz Koy Evleri project, located in Yalıkavak. The project, which sits on an area of 42,000 square meters, is comprised of a total of 114 residences, including 12 duplex houses. The prices of the houses, which have received particular attention from English investors, range from 190,000 euros to 520,000 euros. In addition, 75 families have moved to their new residences in the Port Alaçatı project, which was developed by Ant Yapı.