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Apollon Holiday Village >
Location: Altinkum - Turkey
Property Reference: PA53-AzuP33B
Price: £31,000
Prices increase shortly on the Apollon Holiday Village!!The Brief:The Apollon Holiday village is an off-plan apartment and villa complex being built by a reputed UK developer in Altinkum Turkey. The first 2 phases have been incredibly successful and we expect great things from phase 3.The Property in Brief:• Built by trusted UK developer• Supervised by award winning site-manager• Affordable luxury, fantastic location• Incredible array of facilities and amenities on-siteThe Property in more Detail:Built by a well respected and trusted UK developer and supervised by an award winning site manager, Apollon offers great peace of mind alongside its strong investment potential and holiday home appeal. The Apollon Holiday village is already one of the most successful off plan properties in Turkey, and we are only now launching the largest phase.Phase 3 will have excellent leisure and relaxation facilities including: Indoor and outdoor swimming pools, restaurant-100 seats, kebab House-100 seats, pool side restaurant-100 seats, crazy golf, bowling, Turkish bath, Sauna and Gymnasium. In the form of conveniences and amenities Apollon phase 3 will have a hairdresser and a launderette as well as offering shuttle services into town and to the beach, car rental and airport transfers.The Opportunity in Brief:• 1 beds from £19,700, entry level investment• Turkey tourism 23mill 2008, expected 30mill 2009• Gross rental yields expected 15% +• Predicted 15-25% immediate growth on completionThe Opportunity in more Detail:Properties in the first two phases of the Apollon holiday village saw immediate growth upwards of 20%, and 10-15% is a conservative estimate for phase 3. The prediction is based on similar properties going for between £45,000 and £50,000 on the resale market right now, and factoring for resale growth between now and completion.The projected 15%+ gross rental yield is based on similar apartments fetching £250 - £400 per week from holiday renters. 20 weeks occupancy is a synch in Turkey, giving you £5000 in rental income charging the lowest weekly rate.The Location:The Apollon Holiday Village is situated on the outskirts of Altinkum, only ten minutes walk from the ruins of the Apollo Temple, here you will find some of the best restaurants in the area.
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