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Mandalya Apartments Mandalya Apartments development consists of eighteen individual two and three bedroom luxury apartments with communal swimming pool, children's pool, sunbathing terraces and landscaped gardens. The accommodation includes spacious open plan lounge / dining kitchen with large terrace, master bedroom en-suite, 1 to 2 double bedrooms and family bathroom. The apartments are built to the highest quality standards. The internal fixtures & fittings are first class quality and externally the terraces are constructed using hand chiselled natural stone. The development is walled and gated and all apartments benefit from excellent sea, pool and mountain views. All apartments come with a 10 year structural guarantee as standard. Location Mandalya Apartments in Akbuk is a small exclusive development with fantastic sea and mountain views, nestled at the foot of a mountain pine forest in the peaceful resort of Akbuk on the Aegean coastline of Turkey. The site is slightly elevated providing panoramic views of the surrounding hillside and beautiful Akbuk bay. The development is located only 10 minutes walk from the local beaches, shops and restaurants and the site is serviced by the local dolmus (minibus) every 15 Minutes until 2am in the summer months. Construction Schedule Construction commenced in January 2006 and was completed at the end of June 2007. Payment Terms The following information is a summary of the procedures and expenses involved in purchasing a Mandalya apartment.
1. A reservation form is completed and sent to The Right Move Abroad Limited together with a refundable (less 10% admin charge) reservation fee of €1,500. The property will then be secured for a 14 day period to allow potential purchasers to have the terms of the sales contract checked by a solicitor.
2. A purchase contract is then signed by the buyer and developer detailing build specifications, completion date and the payment procedures. Payment procedures are normally four phased instalments paid at different stages of construction. On signing the contract the clients will be required to pay the first instalment.
3. An application for security clearance is then submitted to the land registry office as all purchases by foreigners are subject to military approval.
4. During construction clients will be regularly updated by The Right Move Abroad on build progress with photographic evidence provided and will be advised when instalments are due.
5. On completion of the property and the receipt of military clearance, arrangements are then made to have the title deeds (Tapu) transferred into the client's name. On the date of transfer, the client either has to attend to sign for the Tapu or to appoint a Power of Attorney to sign on their behalf. At this stage the final instalment plus all fees and taxes relating to the property sale need to be paid. The new Tapu is then issued with the client's details and registered with the government land registry. Property Management The developer is able to manage your property in many ways. Further details will be available upon request, however, for a small fee, they can manage:
• Furnishing
• Bill management
• Maintenance and cleaning
• Property checks (at set periods or upon request)
• Restoration and renovation
• Airport transfers About the Immediate Vicinity Akbuk is a small town in Turkey where Turkish traditions are still a part of daily life. The town is backed by pine clad hills rolling down to a vast crystal clear bay creating a peaceful and relaxed setting. The bay is edged with a mixture of sandy and shingle beaches which are perfect for water sports and swimming. Akbuk town centre is self contained with mini markets and local shops. The small harbour is home to local fishing boats providing a variety of fresh fish for locals and restaurants. There are a number of holiday complexes, hotels and small pensions catering for tourists in the summer season. Restaurants serving delicious fish and local cuisine at reasonable prices can be found along the bay together with bars playing traditional Turkish music.
The resort of Akbuk was awarded township status in 1991. As a result, new commercial and residential development has been steadily rising and will continue for the next few years. However, much of the area is preserved
as green belt land and building restrictions are in force in order to preserve this beautiful bay. Akbuk has recently benefited from a marked increase in European investment and there has been an upsurge in foreign buyers. Although property prices in Akbuk are still low, prices have been rising and this trend is forecast to continue with increasing foreign interest in the area.
Akbuk is part of the region called Didim which has recently been designated a Cultural and Tourism Protection and Development Region. There are plans for the construction of golf courses, sport centres and a marina. The summer season is to be extended from the present 6 months to 9 months and plans to develop 5 star all-inclusive hotels within Akbuk are also on the agenda. Didim has many historical and tourist attractions including Apollon Temple, Miletus and Prienne. The region is easily accessible, lying 170km from Izmir airport and 110km from Bodrum.
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