100% Finance available on these luxury 3 bedroom villas
Prices from only £115,210
Working in partnership with a leading UK mortgage broker, we are pleased to offer 100% finance against a small number of luxury villas on the Bay View Beach Resort. The villas are finished and the resort has been operational now for several seasons giving you good visibility on the rental income. Your only cash outlay are the closing costs, and under normal circumstance, the broker will provide an "in principle" decision within 48 hours of your loan application. No funds are committed until the lender issues a formal loan offer.
The Investment and Resort
Bay View Beach Resort is a completed frontline beach development so the capital growth will always be upwards due to the lack of frontline beach properties throughout the world. Your investment will be a 3 bedroom 3 bathroom luxury villa with an established and secure rental history. Turkey's tourist industry in thriving with resort is no exception; with it stunning views over the Aegean sea and family amenities Bay View Beach resort offers a secure low entry investment with instant equity, 100% finance and a decent rental income averaging £7,000-£8,000 per year. With a new rental management company in the process of being appointed, this rental income is expected to increase.
Investment summary
Completed luxury frontline beach resort
100% finance
No deposit
Luxury 3 bedroom 3 bathroom villas with solid capital growth
Established rental history, currently averaging £7,000-£8,000 p.a.
New rental management company should extend the season
Instant equity with a 30% discount from current valuation
Only minutes from the beach with stunning views across the Aegean sea
Bay View Beach Resort
Located in one of the most stunning aspects on this coast with stunning views across the Aegean sea, these luxury 3 bedroom 3 bathroom villas offer investors and holiday makers alike a truly great investment and fantastic holiday home The eloquently designed villas integrate perfectly within the surroundings of the crystal clear turquoise water and golden sand amongst the backdrop of breath taking mountains. Located next to a beautiful sandy cove and adorned with the crystal clear warm waters of the Aegean Sea, Bay View Beach Resort really does offer something for everyone. Offering a multitude of facilities and high quality accommodation the resort is destined to become a iconic residence in Altinkum and surrounding areas. Residents and owners in the development will all have access to the proposed brand new neighbouring 5* hotel and all its facilities, this is to be built by the same developer who already owns the adjoining land. Bay View Beach Resort is only a short drive from the thriving beach resort of Altinkum.
The Beauty of Altinkum
The region has many quaint, pristine beaches and bays. The bays in the area are extremely safe and have been awarded the Blue Flag award for cleanliness. The region offers a multitude of leisure activities including shopping, water sports, or exploring Turkey's rich cultural history, in addition to bars, clubs and restaurants that offer traditional Turkish and international cuisine. Directly to the rear of the development the Turkish government have outlined a large plot of land to build an 18 hole golf course, increasing the extensive range of facilities in the area and adding to the investment value. The development is undergoing a change in management, there are several management and rental companies currently bidding to take on the development. The new structure will be in place by the end of March 2011,currently May & June are completely sold out and July, Aug & Sept are selling out rapidly. Previously the resort has only been actively selling holidays from May to September, during this period on average 17 weeks have been achieved (77%). The new company will endeavour to lengthen the rental season and achieve an even higher occupancy.
