Pyramid Serviced Apartments, Turkey - From £34,286 - 9% Projected Return

Investment Summary

 Turkish Property Market

 

In first 6 months of 2018 more foreigners bought property in Turkey than in the whole of 2017. Buyers have in the mainly come from the Middle East with Iranians being the biggest buyers of Turkish real estate. Buyers have also come from the West from both Germany and the UK with Germany having doubled their activity compared to this time last year.

 

Whilst the domestic market remains fairly stagnant, foreign buyer activity increased by 87% year on year according to the Turkish Statistical Institiute (TUIK). The government in Turkey have now added additional benefits such as citizenship for investors purchasing property in excess of $250,000. This has been a hit in particular for Middle East investors and in particular those from Iran, Iraq, and Jordan.

 

 Pyramid Apartments

 

Dalaman is an extremely popular Airport town that sees around 4.5m visitors each year - An increase of over 66% in 12 years.

 

Pyramid Serviced Apartments are located just 10 minutes drive from Dalaman airport, perfectly located to capitalise on the growing number of visitors to the area. Owners will join a rental pool where all income derived from the resort will be split 50/50 with the owners of the resort and the owners of the apartments. Based on projections investors are likely to achieve a 9% net return per annum with the comfort of having a minimum 4% rental guarantee for 3 years as a safety blanket. Investors will also receive a free 2 week stay at the resort each year as a benefit of owning one of the apartments.

 Investment Highlights

 

  • Fully Furnished 1-bedroom apartments - £34,286

  • Fully Furnished 2-bedroom apartments - £46,714

  • Completed and Fully Operational - The resort is just 2 months old

  • 2 weeks free stay per annum

  • 9% Net anticipated return with 4% assurance for 3 years

  • Zero annual fees

  • Just 10 minutes’ drive from Dalaman International Airport

  • Completed development with all relevant licenses in place

  • Listed on Booking.com, Trivago and Hotels.com

  • Already popular with Turkish holiday makers

Next Step?

  • Brochure

  • Availability

  • Floor plans

  • Draft contracts

  • If you wish to reserve online please request the reservation form.

  • Please ask us any questions that you may have!

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