Panoramic Sea View 2 and 3 Bedroom Apartments with 30% Deposit Gifted by Developer

Invest in Turkey from only £2,000 downpayment on these hillside apartments overlooking the bay at Akbuk

The 30% deposit is gifted by the developer, leaving the balance of 70% (from €49,000) being funded by a 20 year mortgage, subject to status.  All you pay is the £2,000 reservation fee which is refunded upon completion.

View of the Bay

From €70,000

 

These apartments are available with a reservation fee of only £2,000 and a mortgage over 20 years.  All apartments are well appointed and the development has all the facilities one would expect of a prestigious resort.

 

This development covers an area of 51,800 m² and consists of 29 blocks, with 12 apartments each.

It has been built on the side of the hill ensuring that each individual apartment has a panoramic sea view rolling down towards Akbuk Bay and into the Aegean Sea. The project offers a selection of two bedroom apartments and three bedroom duplex apartments. Because of its central location the development is easy to reach from the resorts of Bodrum, Kusadasi or Altinkum.
For those who are seeking a contemporary residence in a sought-after location it is the ideal choice.

This modern development is located near the popular town of Akbuk and will appeal to those looking to purchase in a prime tourist area. The whole project is spaciously designed, making full use of the space and giving all apartments both front and rear views, ensuing that each luxurious apartment will benefit from unspoiled sea views over the bay. Each apartment has been beautifully designed and incorporates a balcony / terrace and car park.

The layout has been carefully considered to maximise its potential

Pool at night

The design and facilities

Each block

Four 2 bed apartment
Four 3 bed garden duplex apartment
Four 3 bed penthouse duplex apartment

Each apartment

Contemporary design, Provision for A/C installation, High quality ceramic tiles splash back, Kitchen worktops, High quality ceramic tiles in bathrooms, Reinforced steel entrance door, MDF wooden varnished interior doors, PVC windows and patio doors, Pressurized water system, Water boiler, Veneered kitchen units
Communal swimming pool, Communal children's pool, Electrical pack optional, Furniture pack optional

Capital Growth estimated at 5% p.a.


Site Facilities


Fitness Centre, Turkish Bath / Sauna, 5 Swimming Pools, 5 Children’s Pools, Waterfalls, Pool Bars, View Terraces, Mini Golf
Tennis Courts, Basketball Courts, 2 Amphitheatres, Playgrounds
Shops, Laundry, Internet Cafe, Hairdressers, Supermarket, Mini Bus Service to the Beach and Local Resort. Landscaping, 24/7 CCTV Security, Car Parking, On Site Management Office.

The financing structure

The structure is financed by a deposit gifted by the developer of 30% of the apartment value, the balance of 70% being funded by a 20 year mortgage, subject to status.  All you pay is the £2,000 reservation fee which is refunded upon completion.

 

Example:

 

  • Three Bedroom Duplex Garden Apartment, size 93m² net + 24m² balcony/terrace.
  • Net price £70,000
  • £2,000 Reservation fee refundable on completion
  • 30% Gifted Deposit £21,000
  • 70% LTV £49,000
  •  VAT is Included.
  • The mortgage payments is £318.26 / month based on 4.81% interest and repayment agreement over 20 years (subject to status).
  • Reservation fee of £2,000 fully refunded on completion
  • The developer is gifting a 30% deposit. Included are all the legal fees, transfer tax for title deeds, military searches, snagging etc. The only additional cost is the furniture / electrical pack.

 

More Information

When enquiring on this investment opportunity please quote reference AP002

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Investing in Turkey


Turkey has been called "the cradle of civilization" and by travelling through this historic land, tourists will discover exactly what is meant by this phrase.


The world's first town, a Neolithic city at Catalhoyuk, dates back to 6,500 B.C. The heir to many centuries of cultures makes Turkey a paradise of information and cultural wealth. Hattis, Hittitess, Phrygians, Urartians, Lycians, Lydians, Ionians, Persians, Macedonians, Romans, Byzantines, Seljuks, and Ottomans have all made important contributions to Turkish history, and ancient sites and ruins scattered throughout the country give proof of each civilization's unique distinction.

 

Turkey also has a very fascinating recent history. In recent years, Turkey has become a major tourist destination in Europe.
With the rapid development of both summer and winter resorts, more and more people from around the world are able to enjoy the history, culture, and beautiful sites of Turkey. From swimming in the Mediterranean to skiing in Uludag, Turkey has something to offer every tourist.


Through decades of change and growth, Turkey boasts this success, living by its adopted motto of "Peace at Home, Peace in the World".
The European and Asian continents are divided by the Sea of Marmara and the Dardanelles. Anatolia is a high plateau region rising progressively towards the east, broken by the valleys of about 15 rivers, including the Tigres and the Euphrates.

 

Turkey enjoys a variety of climates, changing from the temperate climate of the Back Sea region, to the continental climate of the interior, then, to the Mediterranean climate of the Aegean and Mediterranean costal regions.

  • Financial Times has rated Turkey among 10 top locations in the world where real estate investors can safely buy residential or holiday homes next year;
  • London-based Global Property Guide announced that “Turkey is Europe’s most attractive real estate market”;
  • Due to strength of the banking sector the effects of the global financial crisis is less than in most European markets;
  • Current annual housing deficit is 350,000 units;
  • Mortgages started in 2007, falling interest rates is stimulating demand under the current market conditions;
  • 9th most popular country for foreign investment, ahead of Brazil, Thailand and Mexico;
  • In 2008, Turkey received $18 billion in FDI. 48% growth in foreign investment over the last 5-10 years;
  • 15th largest economy in the world and the 6th largest economy compared to the 27 EU Countries in 2007 (IMF-WEO);
  • Turkey has been identified by the US Department of Commerce and the World Bank as one of the ten most promising emerging economies;
  • 25 million tourists visited Turkey in 2008 being one of the most popular European tourist destination;
  • Turkey is the no 1 tourist destination for 2009;
  • ABTA forecasts an incredible 25% growth in British visitors to Turkey for 2009;
  • The Government is channeling large investments into tourism and transport infrastructure;
  • Ministry of Culture and Tourism’s budget increased from $70m to $120m;
  • In 2008 Turkey was named Golf Destination of the Year;
  • More than 100 new golf courses to be built over the next 4 years;
  • Turkey’s population of 71,5 million has an average age of 28, 65% of the population is below 34 years old;
  • Wonderful climate with long summers and short, mild winters;
  • RelaxedMediterranean lifestyle, friendly people;
  • Beautiful beaches, many awarded with the Blue Flag status;
  • Low cost of living;

Rich cultural heritage, home to two of the Wonders of the

AncientWorld;

  • The first church dedicated to Virgin Mary is in Ephesus;
  • Very low crime level, making it a very safe place to visit;
  • Turkey is member of NATO since 1952;
  • Turkey is expected to become a full member of the EU within the next 10 years, meaning that a major increase in property values is anticipated;
  • Property prices are equivalent to Spanish prices in the mid- 80s;
  • Excellent investment potential with a favourable resale market which is already emerging.