The Viewpoint in Fethiye, Turkey

With some of the more established international property markets currently going through a period of stagnation or slowed growth, developers in as yet unsaturated markets are only too keen to get the most out of the situation, offering great deals, value for money and excellent prospects for return. With this in mind, the recently released Viewpoint development, situated on Turkey’s Western Mediterranean Turquoise Coast, ticks all the right boxes.

Turkey is a country, leading the stakes as an overseas property growth market, with experts consistently returning to this land of cosmopolitan mystery, time and again underlining its investment potential in both the residential and commercial sectors. And what’s more, Turkey is ready and waiting with a sure fire recipe for success, knocking loudly at the door of modern Europe whilst managing to retain a tight grip on its rich and extraordinarily diverse history.

A stunning development, The Viewpoint is original and highly desirable in design, its aesthetic beauty matched by a high number of thoughtful on-site amenities as well as innovative, practical attention to detail. The complex is situated just 2km from the centre of Fethiye and 49km from Dalaman Airport, already well connected into Europe with low cost flight routes.

Consisting of a range of 1, 2 and 3 bedroom apartment properties, the development is set in rock solid foundations overlooking the picturesque valley of Fethiye, one of Turkey’s most desirable resorts. In an area traditionally known as the Turkish Riviera, this is an opportunity to buy into Turkish style at its best, but, crucially, at prices 20%-30% lower than current market average. With recent research claiming that tourist figures to Turkey are up 20% over the last two years, the country’s position as a mainstream holiday choice is confirmed.

The pretty town of Fethiye sits on the hillside of Mount Mendos, 135 km southwest of Marmaris and is one of the most acclaimed of Turkey’s resorts, remaining largely untouched by mass tourism, having successfully maintained a healthy balance between the then and now. The sea, the mountains and surrounding small islands combine to form a truly stunning travel destination. The small town boasts a wealth of historical and cultural sights within its shady streets and tiny squares, as well as excellent venues for shopping and dining out, outstanding beaches, activities and water sports. Needless to say, the area has seen property prices rise steadily and boasts a healthy rental industry, tourists returning year on year to take advantage of the surroundings, not least the beaches at Patara and Ölüdeniz, thought to be some of the best in the world.

With disaffected Britons seeking sunnier weather in their droves, some 12,000 Brits already own properties in Turkey, many having a made a permanent move there, the appeal of beautiful climate, steady return on investment, a lower cost of living and great hospitality combining to achieve an win-win for all. Analysts have expressed concern at the vulnerability of more traditional markets, whose continued success depends on over borrowing, a consequence of inflated prices and inferior competition elsewhere, subsequently returning them time and time again to the potential of Turkey and its importance as a low risk investment in a diverse property portfolio.

Tremors surrounding the relatively recent general elections in Turkey have proved to be unfounded, with the new President, pro-Islamist former Foreign Minister Abdullah Gul seeking quickly to sooth qualms over what was viewed as a potential run-in with Turkey’s powerful, staunchly secular military. Having been a part of the hugely popular Turkish government, in power for the last five years, Gul is well-placed and determined to continue the country’s commitment to reform and stability. As a result, the country has seen investor confidence grow since his election, with property prices on the rise and the backing of the international investment community intact.

The massive attention on Turkey has led to good things in the property market, in particular a concerted desire on the part of developers to ‘get it right’, to offer the best value for money. In short, customer satisfaction is a top priority. The developers behind The Viewpoint are well known throughout Turkey for the quality of their work, their attention to detail unrivalled. The properties comprise 1 bedroom apartments on the second floor of each building, 2 bedroom apartments on a choice of the lower ground, ground or first floors, 2 bedroom duplex apartments on the second and attic floors. Also available as an option are either family-friendly 3 bedroom 2 bathroom apartments or 3 bedroom 3 bathroom apartments on the lower ground and ground floors. Construction is due for completion in December 2008 and, crucially, is being built in one phase only, strictly on first come first served basis. The apartment designs have been well thought through and offer ample storage space and generous living accommodation.

In addition to a fantastic location and comfortable living spaces, the properties at The Viewpoint will also be served by a host of facilities including a small market, a fantastic 400m² communal pool, 40m² kids’ pool, large sunbathing terrace, cafe, fitness centre and sauna, restaurant, with the view to adding facilities as residents see fit. A dedicated management company will manage and maintain the site and its communal facilities, landscaped gardens and key holding service. Additional services will be on offer, to include cleaning, laundry services, insurance and banking.

The pools and related facilities will be situated at the highest point of the development, to take advantage of the stunning scenery on offer, a unique cable car service linking the facilities around the development, a lift also on offer to link all levels, including ample car parking on the lower levels.

At prices starting from as little as £41,000, it really is a good time to be turning to Turkey. For further details on reserving a property at The Viewpoint click here to contact Property Club International