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Property for sale information

 
Alanya Development  
Reference nr: RP679743
Description:

Distressed Stock - last few left - valued at 40,000 available for just 24,000 and fully furnished

Alanya is a tourist resort located on Turkey's Mediterranean coast often referred to as 'The Pearl of the Turkish Riviera'.

To the east and west of Alanya lies an inviting turquoise sea fringed by extensive golden beaches. The magnificent Taurus Mountains have peaks reaching up to 3,000 metres above sea level providing a breathtaking backdrop to this enchanting resort. Crowning the headland is a sprinkling of Citadel towers and just below, the harbour is guarded by the Red Tower.

Most of old Alanya lies on the great rocky promontory that juts out into the sea. At the waterfront there are plenty of bars, cafes and restaurants with an excellent range of international and tradtitional cuisine. Sea caves and grottoes indent the rocky shores below the Citadel.

Over the last five years The Turkish Riviera has developed into a very popular area for renting or buying a second home. Turkey offers a very profitable balance between price and quality of properties. This gives far more interesting prospects for investors and buyers. Grand beaches and beautiful quiet bays are stretched all over the 250 km coastal area. This is a true paradise for sun and tranquillity. The culturally rich heritage of the country is unique and the local people are open and friendly.

There are twisting narrow alleyways tempting shoppers with their colourful boutiques and stalls of carpets, copper and jewellery. As well as its cultural and historical sights,

The nightlife is easy-going and relaxed with a wide choice of night-spots located at the edge of town. Take your pick from lively bars to late-night discos for real night-owls. Alanya is truly a holiday makers paradise. With superb scenery, historical sights, a relaxed beach life and a lively nightlife – it’s easy to see why Alanya is so idyllic.

Warm sun, endless coast with beautiful natural beaches, majestic history and countless sights are but a few of Alanya’s qualities. Quiet bays with docks and small boats take you to even smaller islands with a treasure of sights and attractions that must be experienced.

The excellent quality of life in Alanya, culture, climate, location, price and local hospitality contribute to the attraction Alanya has for so many people.

The tourist sector in Turkey, especially in Alanya shows a prosperous growth over the last years. The expectations are that this growth will continue for the forthcoming years. This will have a positive effect on the real estate market prices. The value of all real estate has strongly increased over the last few years and will continue to do so.

WEATHER IN ALANYA
Alanya experiences a typical Mediterranean climate with 310-320 sunny days per year.
With mild, rainy, wet winters and hot, dry summers, the climate in Alanya is typical of any town on the Mediterranean coast.
AVERAGE TEMPERATURE SCALE

January: 12° – 17° July: 26° – 27°
February: 12° – 16° August: 27° – 28°
March: 13° – 16°

Bedrooms: Bathrooms: Price (€):
1 1 24,000
Features:
Beach
Private Swimming Pool
Submission Date:
04-22-2008
Last Update:
11-04-2009
Advertiser Details:


Name:
Richard Parker

Company:
International Dreams Ltd

Phone:
0044 203239 9430
Fax:

Mobile:

 
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property photo
 
Calculators

 
Property price: €24,000
 

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