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Property for sale information

 
Myndos Country 1, Mugla, Bodrum, Turkey,  
Reference nr: LO364837
Description:

Myndos Country I is set in Gumusluk, a small peaceful village situated on the West coast of the Bodrum Peninsula. The sheltered bay is lined with traditional restaurants. It is possible to see the ruins of the ancient town of Myndos submerged beneath the sea.
The complex is situated nearby to all facilities, bus stops and shops which makes the complex a great investment and a place to live all year round. The construction will complete in Summer 2007. It consists of 2 bedroom apartments in 8 blocks set in 5,600m2 of land.

2-bed/2-bath apartments starting from Euro 117,000.

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 Sauna, adult’s pool and children’s pool, Jacuzzi, 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 which are 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. SE (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 whilst designing the kitchens. 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 walls shall be plastered with cement and be painted with silicon based exterior paint. Interior walls shall be painted with water based plastic paint. Ceilings shall be painted with water based plastic ceiling paint.

Heating and Cooling:
Compatible piping and cabling for electrical combi boiler system for hot water shall be supplied. All rooms and the lounge shall be fitted with split air-conditioning unit.

Management:
The complex shall be management by a Professional management company.

PLEASE CONTACT OUR OVERSEAS DEPARTMENT FOR FURTHER

Bedrooms: Bathrooms: Price (€):
2 2 117,000
Features:
Beach
City
Private Swimming Pool
Submission Date:
08-22-2007
Last Update:
08-22-2007
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: €117,000
 

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