The TimeShare Times: TImeshare in Turkey

Special new projects emerging:
Despite the odds, in coastal areas of Turkey, companies are coming up with special new projects for foreigners.

Ayşe Tuştaş is the manager of one such project. She has decided to introduce the German concept of �Senioren Residenz� (senior residence) to Turkey in her land in Alanya.

She is planning to build 200 homes in the first phase. Depending on the demand, the number of homes to be built can go up to 2,000, she says. The prices of homes would range between 70,000 euros to 130,000 euros. The German company Senioren Residenz will serve and manage the complex. They will also market the homes.

Tuştaş proudly announces that they have received 200 applications for a project that has not even started. She strongly believes demand will soar once the project is up and running.

Her project targets rich people. If business goes well, she will consider developing similar projects in Korkuteli and Istanbul. Operating a timeshare is also a possible option. With professional management, horse riding facilities, tennis courts, pools, waterfalls, canyons and bridges will be present and doctors, nurses, healthcare, ambulance, clinic, massage, laundry and therapeutic services will also be provided. Several activities for senior people are also planned.

...luxurious property for foreigners in Turkey, I predict it will take off...