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Property for sale information

 
Horizon Sky Turkey - the NEW way to own property abroad  
Reference nr: JM941513
Description:

Horizon Sky penthouses bring together luxury modern living with a tranquil beachfront location to provide all you could desire in an overseas property.

The chic penthouse apartments benefit from a spacious living, dining and kitchen area that is ideal for entertaining or simply unwinding. The two elegant bedrooms benefit from stylish en suite bathroom facilities and lead directly out onto a generous sized private sun terrace, perfect for outdoor dining or relaxing in the afternoon sun. All penthouses feature an outdoor Jacuzzi perfectly positioned to fully appreciate Horizon Sky’s natural surroundings and admire the beautiful views.

Select Ownership enables you to purchase a 2 week share in a luxury fully-furnished apartment with full right of use. You can use your two weeks of the year, rent it out to gain a good rental income or you may decide to swap one week or two weeks and experience over 4,000 destinations worldwide.

Properties are all maintained to an ‘as new’ standard to deliver the best returns when the property is sold. At the end of the term, usually 14 years the property is sold and you then benefit from a share of the proceeds.

Two week shares in Horizon Sky Penthouses start from £3,250 to £12,300 and payments can be spread across monthly instalments over 14 years with no requirement for a mortgage or loan, providing an incredibly cost-effective way to purchase a luxurious home overseas.

This allows you to own a share of a property from as little as £16.57 a month based on the leisure time that you have available, enabling you to have the wonderful experiences associated with owning an overseas property that comes with a suite of resort facilities, access to an array of recreational activities, the comfort of a private concierge service, while avoiding the frustration of having a property sat empty for months at a time.

Update…
You can now start enjoying your holidays in Turkey from as early as next year!

We’re sure you’ll want jet off to the beautiful resort as soon as possible. That’s why we’re offering all Horizon Sky purchasers the use of a spectacular two bedroom Duplex apartment in phase one of the development a year early.

A choice of weeks are available over Turkey’s summer months, between April to October 2010 and as weeks are subject to availability, we recommend getting in there fast to ensure you get the weeks you’re after.

Bedrooms: Bathrooms: Price (€):
2 2 3,608
Features:
Beach
Furnished
Golf
Private Swimming Pool
Submission Date:
01-30-2009
Last Update:
03-13-2009
Advertiser Details:


Name:
Judy Macpherson

Company:
Select property

Phone:
0800 111 0000
Fax:

Mobile:

 
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Calculators

 
Property price: €3,608
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations