For Property for sale in Alanya, Jasmin Construction and Real Estate are your local experts. A tradition in Alanya dating back 68 years gives us the experience to help you to buy your dream Property in Alanya.
The Jasmin Company was established on the Mediterranean
coast of Turkey by Hüsnü Kargı in 1939,
in a dream land named Alanya. Following the formation of the Turkish
Republic, it started as a pioneer
in the manufacture and sale of leather shoes and supplier of leather.
It has grown from a small family firm to become a well known agent for anyone who wants to buy a property in Alanya. Named after Hüsnü’s wife, Yasemin, the Jasmin Group is now managed by Ömer Kargı, the fourth generation
of the Kargı family responsible for the family business.
25 years ago the Jasmin Group branched out into property construction
and Turkish real estate, and this now represents the core of the business. With
extensive links through partner property companies in England,
Netherlands, Sweden
and Denmark,
the last 5 years have seen a large increase in sales of Alanya property to foreign nationals,
giving Jasmin an unparalleled reputation throughout Europe.
With so many years of experience helping people buy property in Alanya we know the problems you may encounter when you buy an overseas property, and we act in advance to ensure a trouble free purchase. We pride ourselves on our ability to provide a professional and friendly service to all our property customers, from investors to private individuals.
The Latest Turkish Property News
Real Estate Targets Foreign Buyers
Submitted by Turkish Property News - 21th May 2007
At the Forum Istanbul meeting on Friday the real estate and energy sector met to discuss Turkey's strategies in 2023 in light of world developments.
As part of the meeting, one person emphasized how real estate sales to foreigners could increase tourism sector income.
"We should work to up residential home sales to foreigners, as it would result in an increase in tourism," Hasan Rahvalı, the general manager of Akdeniz İnşaat said.
"If we were to sell one million residential homes to foreigners, it would provide an interest free income of 250 billion euros in real estate business and inject $80 billion into our tourism sector."
700 construction sites built:
Residential home demand and cheaper home production was discussed in detail during the "Real Estate Investments and Financing Issues in Developing Strategies" meeting.
Rahvalı said the 680,000 annual increase in home demand comes from newlyweds and not the population increase. He believes that by decreasing land costs, homes can be provided for low income groups. "Turkey can solve the problem by 2023 by producing 700,000 to one million homes per year. The home loan will amount to $200 billion in 2023," he said.
Erdoğan Bayraktar, the chairman of TOKİ (Housing Development Administration of Turkey) said that since 2003, 700 construction sites have been built in 81 provinces' 313 districts. He continued to say that TOKİ started with the construction of more than 255,000 homes and are about to complete another 140,000. "But citizens with an income of YTL 850 cannot afford a home. That's why we continue building for and selling to low-income groups," stated Bayraktar.
Nazmi Durbakayım, chairman of the board of Teknik Yapı, said that homes are expensive because they cannot buy cheap land. He believes citizens should first buy the "main home" and design it according to their budgets. "We live in large homes, and plan 10-15 years in advance. Thus, the upfront investment and monthly maintenance costs are high," said Durbakayım. If we decrease the square meter size of properties, the deficit in housing would descend, he added.
Emre Çamlıbel, general manager of Soyak, said that in Turkey there is demand for 600-700,000 homes per year, and in order to close the deficit the private sector needs to get involved more actively. Uğur Dumankaya, chairman of the board of Dumankaya Construction stated that the market rules have changed. "In 2005 we were sellers, but in 2007 we play by the rules of the buyer."
