By DOMINIC CONNOLLY and SIOBHAN MCFADYEN FOR THE MAIL ON SUNDAY
There may come a time in your life when – either through canny saving and investment, a windfall, or inheritance – you find yourself with money burning a hole in your pocket.
There are so many ways to make it work to your advantage through buying property, whether it be a holiday home for you and your family, a house or flat you can rent out, or somewhere for one of your children to live, possibly when they are a student.
A holiday home in the sun is possibly the most immediately appealing option, with many places in the Mediterranean still surprisingly inexpensive.
Specialists in international property Spot Blue International are offering two-bedroom, two-bathroom apartments in Iasos, near Bodrum, Turkey, for £43,000. There is off-street parking, the sea is a ten-minute walk away and Bodrum airport 45 minutes by car. There is a private garden and communal pool. The resort has 24-hour security and a full-time manager on site.
An apartment here could be used exclusively for holidays or be rented out as an investment.
Alternatively, £99,950 will buy you a three-bedroom, semi-detached villa in Davutlar, near Kusadasi on Turkey’s west coast, through Spot Blue. The three double bedrooms all have small balconies, and there are two bathrooms.
The villas are part of a complex with three outdoor swimming pools, some with water slides, as well as basketball, volleyball and tennis courts, plus 24-hour site security.
Julian Walker, of Spot Blue, says that Turkey is proving particularly good value for British holidaymakers because of the favourable currency rate between the pound and Turkish lira. He also points to the area around Bodrum becoming more accessible as Turkish Airlines has launched a new summer Gatwick to Bodrum route, running every Wednesday and Saturday until September 8…
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Source: Mail Online