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Property for sale information

 
Meltemi Residence  
Reference nr: RP506366
Description:

Flip flops, (Meltemi Residence) Gulluk near Bodrum, Turkey

A prestigious development of 63 FULLY FURNISHED 1, 2 & 3 bedroom contemporary apartments set within its own distinctive surroundings, all with amazing sea views over-looking the new marina, and less than 15 minutes from the nearest golf course. Only 10 minutes top Bodrum airport.

Construction started in February 2008 and Phase One (63 units) will be completed late 2008. Phase Two (a further 45 units) then will then begin and completed a year later in 2009.

***Flip flops collected 4 of this year’s prestigious Bentley Awards***

1 Bedroom Apartments from £38,352 to £46,032
2 Bedroom Apartments from £53,712 to £63,312
3 Bedroom Apartments from £64,272 to £69,072

Payment Plan 1:
Deposit - £500 on signing of contract
1st Payment - 80% of Purchase Price minus Deposit
2nd Payment - 20% Balance upon Completion
DISCOUNT - 4% for this plan

Payment Plan 2:
Deposit - £500 on Signing of Contract
1st Payment – 30% of the Purchase Price minus Deposit within two weeks.
2nd Payment – 30% of Purchase Price - Foundations
3rd Payment – 30% of Purchase Price – Roof Level
4th Payment – 10% of Purchase Price (Final Payment) upon completion and transfer of deeds.

Reserve your Apartment on Meltemi Residence for ONLY £500

Costs:
£1,800 legal fees + 3% Buyers Tax

Apartment Features:
Air Conditioning Ready to Install
Fully Furnished
All White Goods
Fitted kitchen

Furniture Package:
One double-bed for each bedroom & bed linen
Fitted wardrobes in every bedroom
One sofa
Oven, hob & extractor fan
Fridge freezer
Dining table and chairs or stools for breakfast bar
Coffee table
Choice of two furniture packages – white or cream effect







Complex Features:
British Developer
Innovative Design
Sea Views
Communal Swimming Pool
Pool Bar
Fully Equipped Fitness Centre & Gymnasium
Volleyball Court
Tennis Court
Fully Landscaped
Sunbathing Areas
Child Safe
15 minutes to Vita Park Golf Courses
15 minutes to Bodrum Airport
500m to the town centre and sea

10 years Structural Guarantee, Balcony, Garden, Pvc Double Glazed Units, Sea Views, Secure Doors, Security, Shower & Water Heater.

Property Management:
The complex will be managed after completion with the added option of letting your home if you wish.

Bedrooms: Bathrooms: Price (€):
1 1 47,940
2 1 67,140
3 80,340
Features:
Beach
Submission Date:
04-22-2008
Advertiser Details:


Name:
Richard Parker

Company:
International Dreams Ltd

Phone:
0044 203239 9430
Fax:

Mobile:

 
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Calculators

 
Property price: €47,940
 

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