With the Turkish government continuing to work with the International Monetary Fund (IMF) to complete its £10 billion three-year economic stability programme, four major international companies are on the verge of agreeing a deal to build an oil refinery, providing a further boost for the country's economy.

Moreover, the government's continuing promotion of Turkish beachside resorts and inland villages as ideal holiday retreats has contributed to a large increase in overseas visitors to the country. In July of this year Turkey received the International Blue Flag award for its beaches and marinas putting it in the category of "one of the best in the world."

"Without a doubt Turkey has seen a radical turn around in the last 24 to 36 months," says Robert Nixon, Director of Nirvana International.

"It is an exciting country with an economic boom ahead and everywhere one can feel the spirit of the locals as they become more entrepreneurial. They are even monitoring the standards in service for the areas in which the thousands of visitors a year spend their time, all of which is excellent news for those looking to purchase a home abroad. This is a country with an exciting future and anyone investing now will see the benefits."

As demand grows, a range of new apartment and villa developments are being promoted to the burgeoning marketplace of overseas buyers.

Currently available through Nirvana International are 27 luxury three- and four-bedroom villas in Dalaman. Set in six acres of landscaped gardens, overlooking a lake and a 15-minute drive from the beach, the villas reflect regional architecture using local stone, timber and granite for work surfaces. Each villa will have its own swimming pool and property owners will have access to leisure facilities including a restaurant, tennis courts, bar and local shops in Dalaman. Prices for the villas start from £141,000 (211,500 euros).

Kaya Turkey is currently marketing The Oasis Residence, a development of two-bedroom, two-bathroom apartments in the Mediterranean beach resort of Side. Due for completion in December 2007, the apartment complex is a stroll from Side's beach resort has an outdoor pool, a heated indoor pool and an air-conditioned fitness centre, a tennis court and underground parking. There is wireless internet access throughout the complex, underground parking and a free shuttle service to the beach. For the kids there is a playground, a children's pool and a mini-club for entertainment. Prices for the apartments in Side start at £63,000.

Pictured: Villas at Dalaman

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Article first published 21 September 2007