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Investment Property » For Sale » Turkey » Aydin » Didum Development    

Didum Development


Location

Turkey
Aydin
Didim

Available units

  

1 Bed
56m2 - 72m2 from £34,990 to £49,950

  

2 Bed
89m2 - 89m2 from £59,950 to £59,990

  

3 Bed
110m2 - 172m2 from £79,950 to £109,950

Delivery date: December 2010
Max rental return: 8%
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Property ID: 473989














     
 

 Description

Key selling points

  • 8% rental guarantee for three years
  • Fully managed project with pooled income ongoing
  • Aegean coastal resort
  • 65% financing available
  • Local regeneration of marina
  • Freehold ownership

Three Year Rental Guarantee 8% With Personal Usage in the Aegean

65% financing available Reserve for £1000

This is a boutique development of apartments set in the prestigious coastal region of the Aegean Sea located in the highly regarded resort of Didum  approx 45 minutes from Bodrum. This property offers a 3 year rental guarantee of 8% of the purchase price with the property being fully managed .  After the initial guarantee period has ended the properties will go into a rental pool with income being pooled with units of the same type.  As an owner income is therefore not dependent on  the occupancy of the unit. this property can be used for your holiday as personal use is available by giving the management company notice.

This excellent development  situated by a golf course provides a combination of 5* (UK certified) one, two and three bedroom properties  including penthouses, 80% of which we are advised enjoy a sea view. Facilities at the development include an excellent swimming pool with separate childrens pool  in addition to an aquarium, childrens playground, gymnasium, bars and restaurants

Rental yields and capital expectation are expected at good levels given the extensive renovation of the marina and the construction of the highway, which will improve transfer times.  The reported plans for o a new airport in the area will heighten demand. The micro-climate in the area offers a long season to assist with rental returns

End Financing of 65% can also be arranged by the developer on request. The property will be sold on a freehold basis. The developer will guarantee the investor legal ownership

Highly regarded, Didum is a small, popular holiday resort on the Aegean cost of western Turkey is essentially a quiet family resort. However, the town boasts a range of hotels, discotheques, small bars, clubs, a weekly market and a waterpark together with the Lake Bafa National Park and the historic sites of Miletus, Priene and the Temple of Apollo nearby.

This beautiful area has long sandy beaches, clear blue sea and benefits from its own micro-climate allowing tourists and residents to enjoy the beaches and water-sports for most of the year.

The Turkish Government has recently designated Didum an investment area and, with the construction of the new Didum Marina and plans for golf courses and sports centres, tourism in the area is expected to increase along with property prices. Another boost to tourism has been the arrival of additional cruise ships to the bay bringing thousands of new tourists into the area.

Recognised as one of the healthiest places to live with its fresh, pure clean air, its unspoilt natural beauty, warm Aegean Sea, beautiful golden beaches and dry climate, Didum is the perfect place to relax and take it easy.

Once solely a haven for vacations, however, Turkey has grown in popularity to become a property hotspot. Reputedly the sixth largest economy in the European Union and the 17th in the world, Turkey attracts a monumental 25 million tourists per year, translating into solid rental yields. Experts forecast both increased international exposure and a dramatic property boom in Turkey. With a population of around 70+ million, the Turkish property market is not reliant solely on foreign investment - there is a massive demand for quality accommodation from locals within the country. The economy in Turkey is continually growing: in 2005, it experienced a 5.5% growth.Turkey's pending inclusion in the European Union offers another reason to invest in this unique opportunity. Acceptance of Turkey in the E.U. will provide growth potential that will likely boost the prices of Turkey real estate in the future. Property prices in Turkey are extremely affordable, particularly compared to places like Spain

 
     
     
 

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