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Orient Court, Akbuk, Turkey Perfect luxury holiday retreat in the prestigious holiday resort of Akbuk in Turkey.
The developer is a well known and respected local architect who has designed many successful developments before and fully understands what makes a successful development. The properties have been designed to attract foreign investment and start at a price lower than comparable developments in the area. Additionally, they are designed to attract local residents in the future, therefore, already considering your re-sale options for the future. The resort has 16 properties, an excellent number to provide a small friendly community making it an excellent opportunity to invest in property for sale in Turkey. Location Orient Court is a small development of luxury hillside apartments with breath-taking sea views. It is surrounded by protected pine forest in the peaceful resort of Akbuk on the Aegean coastline of Turkey. The site benefits from panoramic views of the surrounding hillside and the beautiful Akbuk bay. This small retreat is located only 900m from the sea, local beaches, shops and restaurants, yet away from any noise. the existing main road is only 20 metres away and the development is easily accessible from Bodrum airport (only 50 minutes), and only 20 minutes from the international tourist resort of Altinkum. Construction Schedule The development is already under construction and is due to complete in June 2008. Facilities And Maintenance • 100% Freehold
• Excellent views of the sea, pool, mountains and forest.
• Free Car Parking
• Satellite TV and telephone lines installed
• Fully air conditioned development
• Large private gardens
• Communal swimming pool
• Children's play area
• Apartments come fully furnished with a free 32 inch LCD TV (Special Offer for a short time only).
• English speaking property management company on-site.
• Four Bedroom Luxury Penthouse Duplex Apartments
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 Payment Terms We have a refundable reservation fee policy which enables you to hold an apartment for up to 30 days without actually committing to the purchase. This enables you to view the development and do further due diligence prior to signing your contract and paying your first instalment. Only 10% of your reservation fee is retained by us as an administration charge. The refundable reservation fee is €3,000 and should accompany a signed reservation form which is available upon request. This reservation fee is deducted from your first instalment. After 30 days of receipt of your reservation form and cheque, the reservation fee becomes non-refundable. The reservation fee is only refundable if you view the property.
1st instalment: 30% of the purchase price paid upon signing the Preliminary Sales Contract (less your reservation fee)
2nd instalment: 30% Three months after signing your contract.
3rd instalment: 30% Six months after signing your contract.
4th instalment: 10% on completion of the entire development including communal areas (estimated June 2008).
Buyers wishing to pay 90% on contract and 10% on completion will receive a 5% discount on their purchase price. 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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