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Property for sale information

 
Myndos Country 2, Mugla, Bodrum, Turkey  
Reference nr: LO798881
Description:

Myndos Country II (Mugla Province, Bodrum Gumusluk district) is located in walking distance to the seaside, shops, bars-clubs and restaurants, in a minute’s reach to the shuttle buses to the city center of Bodrum… all this makes Myndos Country II an attractive investment for you! The properties shall be delivered July 2008.

Amenities: Tennis Court, Shops, Bars & Restaurants, Medical Facilities, Near beach resort, Near the Sea, In vacation place, In fishing area, 24 Hour security, Childrens Swimming Pool, Nightclubs / Casinos, Childrens Playground, Sauna, Jaccuzi, Near City, Near Town, Near Village


Site Information:
Consist of 56 apartment flats on a land of 12,000 m2
Swimming Pool
Artificial rivers
Children’s Pool
Jacuzzi
Sauna
Turkish Bath
Snack Bar & Pool Bar
Children’s Playground
Parking
Wide Parking Areas
Tennis Court
24 hours Security

Property Location:
To Bodrum International Airport 50 km
In the Town (Gumusluk - a Pleasant Fishtown)
To Bodrum 17 km
To Seaside 2 km
To Golf Court 43 km

2-bed/1-bath starting from Euro 119,000.

Landscaping and Swimming Pool:
Areas outside of the houses shall either be laid with grass or plants shall be planted. Natural stone and outdoor tiles shall be compatible with landscaping Project. Parking area, resting area and swimming pool are planned in the Project and shall conform to international standards.

Social Complex:
There is a Turkish bath, Sauna, adult’s pool and children’s pool, Jacuzzi, sport complexes, playground, snack bar and sufficient number of parking lots. The administration Office and care-taker’s apartment shall also be delivered at the same time with the complex.

Insulation:
Foundations, terraces and wet surfaces shall be insulated with certified materials which are in compliance with ISO 9002 standards.
Water-proofing and insulation are guaranteed for 5 years.

Flooring:
Terraces and balconies shall be tiled with outdoors tiles and suitable for water proofing and other insulation types. Bathroom walls shall be ceramic tiled from floor up to the ceiling. 1st class quality ceramic tiles shall be used for all interior flooring.
Stairs and landings shall be 1st class quality certified travertine marble. Certain parts of the exterior walls shall be clad with natural stone as shown in the architectural Project.

Doors, Windows and Pergola:
Interior doors shall be monoblock doors. TSE (Turkish Standards Institute) certified PVC frames shall be used for windows and windows shall be double glazed. Wooden and metal pergolas shall be constructed in accordance with the architectural Project. The front door of the building shall be steel.

Kitchen:
All standard requirements have been taken into consideration. Integrated appliances shall be used in the kitchens. Dishwasher, extractor fan, hob and oven are all standard.

Bathrooms:
All sanitary units, ceramic tiles and taps to be installed in the bathrooms shall carry ISO 9002 quality certificate and CE certificate. Vanity units shall be fitted in the bathrooms as well as bathroom unit and Jacuzzi tub.

Cladding and Painting:
Exterior

Bedrooms: Bathrooms: Price (€):
2 1 119,000
Features:
Beach
City
Private Swimming Pool
Submission Date:
08-22-2007
Last Update:
01-31-2008
Advertiser Details:


Name:
Locations - Overseas Department

Company:
Locations

Phone:
+353 (0) 1 6771188
Fax:
+353 (0) 1 677 11 98
Mobile:

 
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Calculators

 
Property price: €119,000
 

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