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Altinkum Didim Marina finally set to open

The waiting is finally over for the Altinkum Didim Yacht Marina with the £33.6 million marina set to open next month, potentially giving a huge boost to property in the Altinkum area...

The luxury marina covering nearly 290,000 square metres of land between Third Beach and Parlementerler, will be the largest marina in the Southern Aegean with space to moor more than 1,000 yachts. It will include a heliport, customs,its own pier and even an up market shopping centre

Restaurants and bars will be opened all around the marina which will provide ferry links to the Greek islands of Kalimnos, Kos and Leros, as well a customs post, port authority facilities and passport control.

Didim D-Marina signifies a new lease of life for the already buoyant Didim region, as it will open up the area to a whole new tourism market. Local property developers are expecting an influx of international investors following the marina's launch. Whilst prices in the area are currently low, it is thought that the new project will have a dramatic effect on them, despite the current global crisis.

More than 5,000 homes have already been bought in the Aydin district, under which Didim and Altinkum fall, according to the Turkish Land Registry. A two bedroom apartment can currently be purchased for £30,000 to £45,000, but with the growth trend in property prices forecasters predict that buyers could expect to double their investment within the next five years.

There are also plans to construct a golf course alongside the new marina. The course, which will be completed in 2013, has already been approved by the Turkish Ministry of Culture and Tourism.