| 1 |
High capital Growth potential / Low entry price |
Many experts believe that Turkey has all the same similarities as Spain in the mid 80’s. Prices are 30 - 35% Spain currently and demand for good quality properties is high (£44,950 for a brand new apartment on a complex with pool all on site facilities). Tourists levels are rising each year with over 1.5 million British visiting in 2005 (see below). Like Spain the climate is exceptional, easy access is available from the UK from all airports in just over 3 ½ hours. The infrastructure is rapidly developing with 100 golf courses being built in the next 5 years, modern marinas appearing and top quality apartments attracting investors.
The country has a natural charm and offers activities for all ages and theres no doubt about it that the Turkish hospitality is something to behold. The cuisine is not only very well priced but is some of the nicest and freshest you will find anywhere in the World with fish, salads and meat dishes being a particular speciality. Prices are expected to rapidly rise over the next few years alongside the Turkish economy which is one of the fastest growing in Europe. Turkey has also started negotiations to become a full member of the EU. |
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| 2 |
Voted No 3 Best Place to Buy Abroad – Channel 4 Homes “A Place in the Sun” |
This was against a select list of twenty other World wide resorts and the report says “Turkey is the country
with something for everyone” Turkey also rates in the Top 5 for places to buy abroad in most overseas property magazines and websites. The reason is simple buying a property in Turkey makes sense! |
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| 3 |
300 days of sunshine a year! Guaranteed suntans and rated as one of the best places to holiday! |
| The Aegean coast of Turkey has a much warmer climate than most other European destinations.It also has long summers from mid March to end October on its 8,000km of coastline around the Bodrum peninsular. |
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| 4 |
Didim/Altinkum is a Top 3 designated area in Turkey for government funding (Euro 25 Plan) |
| Altinkum/Didim has a huge amount of government funding to develop this beautiful part of Turkey into one of the most exclusive parts of the country. |
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| 5 |
A $50 million marina is currently under construction in the area |
This will be one of the biggest in Europe and hold 555 yachts. It will be built in just 30 months this will boost property prices in the general area and particularly around the marina and on the new marina road. |
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| 6 |
Rental yields of 5-10% are achievable |
Average rental prices are £250 per week on a 2 bedroom apartment in the main season over 30 weeks.
(Just 15 weeks rental would achieve a 7 % return on a £55,000 property). Turkey is one of the worlds most visited countries with nearly 14 million tourists visiting Turkey each year so there is plenty of demand (1.5 million of these are from the UK!) |
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| 7 |
Mortgages are now available in Turkey |
The property boom in Turkey has seen prices rise by n average of 25-30 % over the last few years.
This has been achieved with there being no mortgages available in the country! Imagine the Impact on the Uk market with no mortgage facility. This is all about to change now with the first mortgages now available in Turkey. It is expected soon that the major Turkish banks will be offering them soon. This had a huge impact on the Spanish market and fuelled amazing price rises over several years. |
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| 8 |
Favourable buying conditions with low property taxes and no capital gains tax after 4 years |
| The annual running costs of a 2 bedroom apartment annually are less than £800 (with council tax £28 per year! Electric bills at under £8 per month ) Properties are purchased freehold via a simple legal process. |
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| 9 |
Buy from a UK registered company that offers a one stop shop for everything |
| Premier Homes Turkey is unique in that we are a UK LTD company and build the property, run all the onsite facilities through our sister management company (restaurant, bar, shops etc) plus we offer a full rental, cleaning and management service on your property both in the UK and Turkey. One of the biggest problems for UK buyers is to arrange all these things. With PHT its all done for you. |
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| 10 |
Your own home abroad |
| If all else fails and you aren’t impressed by the above points telling your friends about your luxury property on the Aegean and the fantastic investment you have got is not something to underestimate! |
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