Turkey attracts the attention of foreign investors for a number of reasons. It ranks as one of the world’s biggest markets. The population of 70 million enjoys a GDP per capita of $ 6,500. The country’s developed industrial base, rich raw material and human resources and proximity to Europe, the Middle East and Russia endow Turkey with great advantages.Political stability and economic growth, combined with eventual membership in the European Union, make Turkey a magnet for foreign investment.
Turkish property Market
The Turkish property market is witnessing the early stages of a massive boom triggered off by an important change in the law relating to the ownership of property by foreigners. This only happened at the end of 2002, but it has meant that prices have been rocketing ever since. As other Mediterranean countries rapidly become too expensive. Prices rose by an average 60% over the last 22 months in the coastal areas. All indicators show that this is just the beginning and we expect prices to rise sharply for the next 5-10 years. This means that your slice of paradise will also be a lucrative investment. Rental incomes are also doing very well as more and more people are turning their backs on tour operators and large hotels in favour of organising their own holidays in their own space.
All our villas and apartments we sell are built to the highest specifications.
Plus all property contracts provide a 5 year structural defect guarantee.
Unlike places such as Spain, when you buy a property in Turkey nobody can take it away from you or make any claim on you unless this is registered at the land registry before you buy.
Mortgages are only available if you become a resident.
Should you require funding then you should consider borrowing from a UK lender against the equity in your UK residence?
There is good demand for rental property; Turkey is the 18th most visited country in the world and ranks 13th in tourism income. The Turkish Ministry of Tourism expects Turkey to be the 11th most popular tourist destination in the world by 2005 with over 20 million tourists arriving to Turkey each year. You can expect a rental income of between € 450 - 900 (£300 - 600) per week for a 3/4 detached villa with own or communal pool, we can introduce you to several rental agencies, and as we provide full garden and pool maintenance, together with our maid service you can rent out your villa knowing we are looking after everything for you and your paying guests.
• A Turkish Incorporated Company Partly British owned
• Established 5 years
• 400 Villas & Apartments SOLD last year
• 500-600 target for this year
• 800 plots and 6 Developments at different stages of build
• Over €1m Plant and Machinery owned by the group
• Manufacture own Kitchens, Internal and External Doors.
• Own furniture store.
• ALL payments made to and held by JOHN HOWELL Solicitors in escrow until contract terms meet
• NO Payment released until build stage completed, or Good Security provided in case of Advance payment
The Villa builds Quality
• Twin Wall and Insulation (Only one we know doing this)
• 5 year GUARANTEE on structural build
• High quality KITCHENS and BATHROOMS
• Marble Staircase
• Built-In Wardrobes (In most properties)
• Clients Special Requirements NO PROBLEM
• NOW selling by us for owners for € 70k plus
• The next 3 years will see the Highest equity growth
• This year will be better than next – SO NOW is the time to Buy
Free Inspection Tours
We invite you to come and see for yourself the high quality of the villas. Join us on our 3 day, 4 star hotels
FREE Inspection Tour and whilst in Bodrum we invite you to meet some of our existing owners at one of our complementary BBQ's.
Visit our development sites and even select your plot if you wish, we will also be pleased to show you some of the many nice beaches, and places to visit. Then be our guests to sample really good food at unbelievably low prices. There is no cost for the Inspection Tour; we will pay for your accommodation, meals out, etc.
All you have to do is get to Bodrum International Airport; flights are normally £150-250 subject to time of year. Of course when you buy we will refund the air fare. We look forward to meeting you at the airport; you are assured of fine weather and a really nice time. Throughout the whole process of inspecting our show houses, deciding on your dream villa or apartment and importantly after hand over, we are at your service with offices in the UK and Turkey to ensure your complete satisfaction. All our Villas or Apartments come with a standard specification of, you will be able to view the standard kitchen on your inspection visit, and some clients seek a dream kitchen to provide that extra personalisation.
All swimming pools are built to the highest standards; the whole pool is constructed from reinforced concrete, and can include such features as walk in steps, underwater lights, waterfalls or even an adjacent spa bath. We realise that purchasing a property is not just about buying the right villa, and aware of the fact that a lot more specific issues come to mind once you have bought your ideal villa.
Adaptive Try to source the best deals in Turkey for our clients keep in touch for other great deals.