Let me give you an example:
The prices for a luxury apartment with magnificent panoramic sea views and two double bedrooms with en-suite facilities start at £48,950.
Here's what you will actually pay:
£1,000 Reservation
£1,448 deposit on exchange
£1,469 deposit in January 2008
£1,311 interest spread over 18 months
Balance on completion with up to 80% Loan to Value mortgage
The mortgage is Interest-Only for 2 years and we can arrange, up front, a decision in principle for ALL members, ensuring peace of mind.
We can also arrange a site visit if you wish.
We are delighted to bring you this brilliant enhancement to an already outstanding deal. The key points are:
- Prices from £48,950
- 3 years' rental guarantee
- Magnificent sea views
- 20% below market value
- 12% discount on developer's price
If you would like to be reminded of this excellent development, or if you haven't yet had a chance to look at our brochure, just click here
Click here for the Mandalya Gardens, Turkey eBrochure
then come back to remind yourself of the fabulous NEW finance deal we have secured for you. Ignore the mortgage details in the brochure – they're now a whole lot better!
Here's one we made earlier...
Remember I said we already have a track record of success in Turkey?
Well, our last development, in Mediterranean Antalya, sold out very quickly and is now largely completed.
Less than two years ago, our members paid (off-plan) just £28,000 for a one-bed apartment which is now being sold by the developer at £59,000.
Similarly, a 3-bed detached villa, sold off-plan for £65,000 is now achieving £132,000. That's more than double in less than two years!
The build quality is excellent and capital growth has been outstanding. We have looked at a number of other Turkish opportunities in the meantime, but have bided our time until the right one came along. This is it!
Luxury apartments at small prices
In a pine forest setting, with panoramic views over the Aegean waters of Akbuk Bay, we have large, 2 double bedroom apartments with an en-suite shower room, luxury flooring materials, full air conditioning and extensive sun terraces available from £48,950. No, that's not a misprint; they really are less than £50,000.
At the other end of the scale, the largest 3 double bedroom penthouses, spread over two floors, with sun terraces and terraced gardens, are just £87,950. That's the most you can pay.
Prices are discounted at up to 12% OFF developer prices and 20% Below Market Value.
Click here for the Mandalya Gardens, Turkey eBrochure
Financing
Through our specialist financing consultants, we can arrange mortgages up to 80% of the property price. But even better still, you can mortgage up to 80% of the deposit payments as well, meaning that your total cash requirement can be as low as £3,917 plus phased interest of less than £20 a week.
Rental Guaranteed for 3 years
As well as being an excellent place to retire or simply spend your holidays, there is very good rental demand for holiday accommodation in Turkey.
Rental yields on this type of apartment are extremely good, with 10% or more representing a reasonable annual target, based on a conservative 26 weeks' occupancy. As usual, there will be a letting programme available. On this development there will also be 3 years' rental guarantee at 5% of purchase price.
Excellent Capital Growth
In summary, Turkey's property market is at an early stage of the investment cycle. We have made it easy to buy and let your property, so all you have to do is sit back and watch the capital growth over the next few years, while satisfied holidaymakers are pleased to pay off your mortgage for you.
Get in now before everyone else starts to chase the prices up!
It's also a brilliant place to go for your own holiday, or even retire to...
Click here for the Mandalya Gardens, Turkey eBrochure
To find out more, please speak to David or Sarah on 0121 609 7095 or email us at info@viceroyinvest.co.uk
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