Finance now available for Prime Turkish Apartments!

Lake View Golf Apartments

The resort at Lake View Golf Apartments offers the rare opportunity to purchase Turkish property with a finance option from the developers – a concept, until now, virtually unheard of in Turkey. Investors now no longer need to invest all of their available capital into their chosen Turkish investment, allowing further investments elsewhere...

At Last a Chance to Invest in Turkey With Developers’ Finance

We are delighted to be able to offer our investors a unique opportunity to obtain finance to buy Turkish property without commiting valuable personal capital to their purchase – a condition pre-requisite to many wise investors. In addition to this great new feature, Lake View Golf Apartments has much to offer:

If you are looking for excellent value for money amongst unadulterated natural beauty and a carefully planned, low density resort with warm, sunny weather all within easy reach of “back home”, then Lake View Apartments, near Bodrum could be your answer. In Turkey’s hugely popular resort area of Bodrum, development over the last couple of decades has been strictly controlled; new buildings are low-rise, blocks are painted white in Mediterranean style and strict controls regarding density levels are adhered to.

The Lake View Golf Apartment Resort

This is a fine example of an effective and thoroughly cost effective low density project near Bodrum. High quality, luxury, great attention to detail, along with the developer’s firm belief in protecting public interest through effective regulations and customer satisfaction are all features of the development. This beautiful resort sits on a prime elevated location with panoramic, south facing views across Lake Tuzla while embracing with ease the Mediterranean countryside that surrounds it.

Lake View Golf Apartments offer the array of facilities you would expect from a wise investment in a holiday resort, including a Clubhouse, shops, poolside café, bars, infinity swimming pool and a childrens’ park. The units consist of 96 two bedroom apartments, arranged into blocks of six, 64 of which will be duplex and the remaining 32 will be penthouses. Lake View’s apartments offer unique detail with luxurious finishes, a distinct absence of solar panels to spoil the views, intricate design with a signature personal touch to each home. Furthermore, the resort is easily accessed at only 35km from Bodrum’s modern airport, with several flights arriving daily from Istanbul. Thomas Cook also operate direct flights to Bodrum from the following airports: London Gatwick, Stansted, Manchester, Newcastle, East Midlands, Birmingham and Glasgow.

Bodrum

At a mere 25km away, Bodrum is the nearest town to the resort. It is a unique, well established tourist town, managing to combine the diverse elements of ancient and modern with ease. Dubbed the Turkish Riviera, Bodrum has been transformed into a luxury cosmopolitan destination with a steady influx of Northern European visitors, due in part to one of the best climates in Europe. The town centre brims with traditional streets and historical sites alongside a new modern marina, vibrant nightlife and trendy beach clubs – in short, all that today’s tourist could ask for. The area offers the best year-round facilities in Turkey, including the new Vita Park USGA golf course due for completion in May 2007. The “Club”, which is to include one 18 hole and two 9 hole PGA standard courses, promises a driving range, clubhouse, extensive social and commercial facilities all to the most luxurious of specifications.

Finance

Unit prices at Lake View Golf Apartments are currently as low as GBP 49,959, building guarantees are in place and, as importantly, the developers are offering an excellent finance package, one of the very first in Turkey and the first which comes as IPIN recommended! This, in addition to property growth rates at a potential 20-25%, makes Lake View Golf Resort an excellent opportunity for many investor.

The developers are offering a simple payment structure as follows, which purchasers are finding of great incentive:

• 10% deposit, subject to mortgage approval
• 20% upon mortgage approval
• 70% mortgage is then released by the bank across the construction period to cover all stage payments

(The above information is based on a Eurobor mortgage at approx 3.5% interest)

It is important to remember that Turkey as a whole boasts one of the world's fastest growing economies and it is therefore becoming increasingly popular amongst people seeking a sound property investment abroad. Today this country is most definitely looking to the future and currently undergoing huge changes to prepare for full membership of the European Union, expected around the year 2015. Meanwhile, Turkey continues to attract attention from buyers as it tops the overseas property investment market due to great value for money, climate, lifestyle, substantial growth potential and easy access from the UK, Ireland and mainland Europe.

The new facility for finance on this particular project is great news for investors, making units here part of a highly competitive Turkish product, within a market which would otherwise be limited only to those with ready capital to invest. If you would like more information on finance options for property purchse in Turkey or on Lake View Golf Apartments themselves, please click here to get in touch with our IPIN advisors.

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