Turquoise Bay – Turkey

posted on 20 April 2010

Fantastic Investment Opportunity
Turquoise Bay, Turkey

4 Bedroom 4 bathroom Detached Luxury Villas £159,950

***Mortgages are now available up to 80% LTV***

This site must be visited to truly appreciate its potential

We have secured the whole development wholesale

Rental income expected in excess of £10,000 per year

Only 30% (£48,000) to exchange, no more to pay until completion

Estimated value at completion: £225,000

Private Infinity Pool, Private Jacuzzi, Private Beach & Jetty (for all residents)

Luxury restaurant with panoramic view on-site

Over 4000 sq ft plot

Last 14 left – expected to be sold in the next 2 months

Phase 1 completion due early 2007.

Whole development due for completion late 2007

Typical Return On Investment

  • Purchase price – £159,950
  • Deposit & fees – £50,384
  • Off-plan equity growth* – £65,050
  • 7.2% equity growth year 1 – £16,200
  • 7.2% equity growth year 2 – £17,366
  • Return on investment = 196% – £98,616

This example assumes the client takes a mortgage for 70% of the purchase price on completion but does not include any rental income.

*This includes discounts to current market value due to the wholesale nature of the purchase price

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