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Paradise Bay Resort, Akbuk, Turkey The Paradise Bay Resort will break new ground in Turkey in bringing you a 5* complex with optimum facilities, located on the beachfront in the stunning Bay of Akbuk. Paradise Bay has been designed to take accommodation in Akbuk to another level, also creating an energy efficient and eco-friendly development offering a refreshing and modern feel with a vertical garden design.
The luxury 5* apart hotel will have the following properties available, accommodating a range of investors needs;
- 480 studios
- 80 one bedroom apartments
- 40 two bedroom apartments
- 37 duplex penthouse apartments
All properties are fully furnished and have direct Sea views due to the frontline location.
The most amazing aspect of Paradise Bay is that once the 40% deposit is paid and 5% buying costs the development is totally self funding and you have NO further costs (60% balance and all management fees are covered) and you actually receive a residual income. In terms of investment this development is second to none, especially if you do not want to invest a lot initially.
Prices start from 12,148
NB:This development is sold in Euros, any GBP prices are for guidelines only and may differ due to fluctuations in exchange rates.
Click Enquire (above) to request a full brochure for Paradise Bay.
Location The Paradise Bay Resort is a frontline development on the golden sands of Akbuk Bay.
Akbuk is well situated between Altinkum and Bodrum and It is only 65km from Bodrum Airport. There are regular bus services to both Bodrum and Altinkum at very cheap prices. A new Bodrum Akbuk road is being built which will make the travel time even faster and your journey shorter.
Construction Schedule Completion is scheduled for May 2011. Facilities And Maintenance Maintenance fees are covered by the rental guarantee, so nothing to pay.
The facilities at Paradise Bay include;
- 4 Outdoor Swimming Pools
- Roof Top Swimming Pool and Bar
- Indoor Heated Swimming Pool
- Tennis and 5 A-Side Football Courts
- Ten Pin Bowling, Cinema, Snooker and Pool
- Water Sports and Diving Centre
- Kids Club and Cr่che
- Fitness Centre incorporating a Sauna, Steam Room, Spa, Turkish Bath
- Massage and Treatment Rooms
- An excellent range of Bars and Restaurants
- Beach Club Bar
- 24 Hour Room Service
- Airport Transfers
- Laundry and Dry Cleaning Service
- On-Site Doctor and Pharmacy
Payment Terms We have a refundable reservation fee policy which enables you to hold an apartment for up to 28 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 installment. The reservation fee is only refundable if the client views the property for sale in the development within the 28 day period. Only 10% of your reservation fee is retained by us as an administration charge. We will accept verbal reservations which are valid for 48 hours. 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 installment. After 28 days of receipt of your reservation form and cheque, the reservation fee becomes non-refundable.
Payment plan
3000 reservation fee
40% on signing of contracts
5% buying costs of total purchase price (including legal fees)
There are various options with regards to payment of the remaining amount. Please enquire (above) for further details.
Property Management Paradise Bay will be operated as a 5* Hotel and will attract affluent customers due to its ground breaking design, location and facilities. The property will be managed as a going concern and all fees are covered in the rental guarantee you receive. You have 4 weeks personal use per year and you will receive a 7% net rental return per annum for a 10 year period. About the Immediate Vicinity Everything you could possibly want is on your doorstep and the Beach and blue sea is literally 10 metres away.
Both Izmir and Bodrum airport approx 1 hour away.
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