Superb Investment Opportunity - Turkey

• 4 Bedroom 4 bathroom Detached Luxury Villas £180,000
• This site must be visited to truly appreciate its potential
• 10% discount secured off the current market value of £200,000
• Plus £20,000 rental guarantee (or paid as cash back) on completion
• Rental income expected in excess of £10,000 per year
• Only 30% (£54,000) to exchange, no more to pay until completion
• Net cost of £34,000 plus 5% approx. costs (assuming cash back taken)
• New! Up to 80% finance available secured on the freehold of the villa
• Estimated value at completion: £225,000
• Only 15 available, exclusively to our clients
• Free private infinity pool and free private Jacuzzi
• Example repayment mortgage costs of £960 per month subject to status (based on 15 year repayment at 4.5%)
• Phase 1 commences June 2006, completion due December 2006. Whole development due for completion June 2007

Typical return on investment

Purchase price £180,000 Net deposit & fees £42,600 Discount £20,000 Off-plan equity growth £25,000 8% equity growth 2007 £18,000 8% equity growth 2008 £19,440 Return on investment = 194% £82,440 * This example assumes the client takes a mortgage for 70% of the purchase price on completion and takes the £20,000 as a cash-back on completion.

Property Amenities

• On the coast, all with views of the beautiful bay • Private Infinity Swimming Pool • Private Jacuzzi • On-site maintenance • Terraces / Balconies on all floors • Located near Ugrak not far from Alanya • Air conditioning units to each room • Viewing trips available to all clients • Mortgage facility available through our    recommended broker • Furniture and white goods available at    extra cost

Location

Located on the south coast in an area known as the Turkish Riviera. Alanya is 1 hour 20 mins from Antalya Airport which is served all year round from Manchester and Heathrow. There is also a new airport being built in nearby Gazipaza, due to be completed within 2 to 3 years.

All our clients have one thing in common; they want to make a good investment. We undertake diligent and comprehensive research on developments across the world, to find the best investment opportunities for our clients. We ensure that these properties are of the best quality, value for money and in excellent locations. Our properties are in areas research has indicated are ripe for capital growth and have strong rental demand; we provide rental guarantees because we have every confidence in being able to rent them out.

Investment Background - Alanya Turkey

Turkey’s eastern Mediterranean coast has a lot to offer. It is full of history with numerous historical sites and ancient cities, with the breathtaking backdrop of the Tarus mountains covered in pine. The sport and leisure activities available in Alanya and neighbouring Belek are excellent.

With panoramic views of the 15 mile long coast, Alanya is Turkey’s hottest holiday destination. The area is also popular with the rich and famous and includes plans for another 15 golf courses over the next decade. Alanya and the surrounding area aims to be Europe’s golf capital and is a real hot spot not to be missed by smart investors.

The Turkish Parliament have also passed a bill ensuring all freeholds will be available to foreign nationals provided their home country has a reciprocal buying agreement in place. UK and Germany have this but Ireland, Denmark and Finland do not currently.

Alanya offers intelligent investors the same opportunities as Spain 20 years ago, as the beautiful coastline continues to attract excellent new property developments and increased tourism and commerce. With mortgages now becoming available to foreign buyers during 2006 further impetus to demand and price growth is expected.

These villas are of a very high specification and are set in a beautiful location overlooking ‘Turquoise Bay’. They are expected to attract very good rental demand with a worst case of £600 per week over 16 weeks yielding £9600 per annum. The developer is also creating a rental company exclusively for purchasers on Turquoise Bay.

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