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Villa construction slowed for a year or two, but Pierson says the ban is "barely mentioned anymore".
In others, policies such as freezes on new villa construction projects and limits to the sizes of apartments have pushed up prices, as buyers compete in a market where they expect a future shortage in supply.
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Cortez points to the enormous El Encanto golf course and villas under construction off the main road from San Salvador to the coast.
Three-bedroom furnished luxury villas, in construction on a hillside overlooking Kalkan, with a communal pool, will cost £175,000 from Avatar International (08707 282 827).
Unlike busy-touristy Oia, Finikia is calm and unassuming, not so self-absorbed, and although it does have some traditional Cycladic homes, it looks more like an unfinished urban project because of many villas under construction that come in sight like eyesores.
Some of these new professionals would be housed in places like Lusail City, a 14-square-mile district of apartment towers, villas and marinas under construction at the city's edge.
Avance Ingenieros, the construction firm behind Villa Veranda, has already built 10 gated communities and has another four under way.
Construction of the villas is scheduled to begin next month, with completion expected next December.
Five of the three- to four-bedroom villas have been sold before construction begins; the development is scheduled to be completed this year.
Some villas that were purchased before construction yield a guaranteed 10 percent return for the first three years, and the guaranteed yield for the other properties is 8 percent for five years from the date of purchase.
By the mid-1800s, writer Catherine Beecher and architects Andrew Jackson Downing and Calvert Vaux were promoting the construction of suburban villas and cottages, and in the 1850s and 1860s, the development of cloistered, romantic suburbs began.
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