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Want to sell your overseas property?
Want to advertise your holiday home to rent to 40 million possible renters.
Contact us on info@myoverseasproperty.ie


Property for sale information

 
ONLY 200 METRES FROM THE SEA  
Reference nr: Blue Pearl
Description:

This traditional Turkish holiday village offers excellent sea views and is located only 2 km from the Altinkum sea resort. Consisting of 16 one, two, and three storey apartments, some with magnificient roof terraces. The on-site swimming pool is surrounded by abundant terraces for sun worshippers, extensive landscaping, and it is all surrounded by an attractive boundary wall built of old stones.

Situated in the lovely village of Mavisehir which is set around its own private bay with sandy beach, restaurants, cafes, bars, and shops. Not to be missed is the weekly local market.

Investment Points:

Excellent capital growth around 30% annually
There are no restrictions regarding letting your property
Foreigners are entitled to have the same rigts as Turkish nationals when buying a property (including taxation)
New Turkish mortgage system to have enormous impact on property prices
Low cost of living and availability of good and affordable health services
Easy Jet is introducing daily flights to Istanbul from London Luton airport
2003 introduction of EU building standards
Strong demand from domestic and foreign investors led to stock shortage and 40% capital growth along Mediterranean coast, some places performing at 100%
Turkey is expected to join the EU in 2015 and is already introducing substantial changes in order to comply with EU standards


BLUE PEARL
Turkey, Aegean, Didim

Two Bedrooms 72m² to 95m² €44,250 to €84,000
Four Bedrooms or More 120m² to 180m² €97,500 to €117,750


Classic - Buy to Let
EXPECTED CAPITAL APPRECIATION UP TO: 35.00%

Bedrooms: Bathrooms: Price (€):
2 1 44,250
Features:
Beach
Submission Date:
03-19-2007
Last Update:
05-08-2007
Advertiser Details:


Name:
IMOINVEST International

Company:
IMOINVEST International

Phone:
+353 (0)1 443 4411
Fax:
+353 (0)1 616 98 34
Mobile:

 
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Calculators

 
Property price: €44,250
 

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