According to REIDIN.com who are the leading real estate information company focusing on emerging markets, property in Turkey over the last 12 month has increased in price by on average 11.62%.
Link to article - http://www.reidin.com/blog/en/300-reidincom-real-estate-indices-march-2012-results.html
Harmony Bay is an exclusive 5-star resort from an award-winning developer with prices from £49,000.
Set in more than 10 acres of landscaped gardens, this exclusive 5-Star resort has been carefully planned to provide a private and relaxing environment.
The resort backs onto a protected pine forest with magnificent panoramic views across the beautiful Akbuk Bay and the Aegean Sea beyond, the unrivalled 5-star Harmony Bay Resort and Spa is a relaxed 10-minute stroll from the local Akbuk beaches, shops and restaurants. It has been thoughtfully designed to combine a luxurious lifestyle with a shrewd investment opportunity - convenient for holidaymakers and ideal for investors - including those wishing to purchase through a SIPP (Self-Invested Personal Pension).
We have just found out from the developer that there are only 6 of the units priced at £49,000 left so if you are interested in a safe investment in a growing market giving a guaranteed return then it’s time to act, don’t forget these units can also be purchased via your pension/Sipp and fractional units are available at £12,250.
Harmony Bay further information website – LINK
Contact me for latest availability and information brochure - LINK
Why invest in a hotel resort?
Resort Unit Investments, when selected carefully, can be the perfect
‘passive’ investment – unlike traditional buy-to-lets, you won’t have to get
involved with red tape and form-filling, dripping taps and leaky guttering and phone calls from tenants on Christmas Day morning!
You can buy in at a low entry point…these investments are often
SIPPable – you can put them in your pension and enjoy all the tax breaks, especially if you are a 40% taxpayer!
Most hotel room investments come with a guaranteed rental return of 10% or so for the first couple of years – after that you could see returns at an even higher rate by enjoying up to 50% of the hotel’s earnings from your room – without having to lift a finger to get it!
Benefits of hotel room investments
The managed, turnkey nature of hotel investments allows investors to have a hands off approach to the investment. The hotel company will manage and market the room on behalf of the investor, because it is also in their interest to increase revenue. The investor benefits from industry professionals managing and marketing the hotel unit for them.
Also, investors are less exposed to long term vacancy as they would be in a traditional Buy to Let property investment which can lie empty for months at a time.
An additional benefit to UK investors is that hotel room investment is considered as commercial and not residential so it is possible to place the investment in a Self Invested Personal Pension (SIPP), which allows for tax free capital growth and earnings.
If the investor chooses to place their investment in a SIPP then they are unable to use the hotel room themselves unless they pay a market rate for use of the room, otherwise they would face investigation from the Inland
Revenue and Customs.
Resort investment incorporating Hotel rooms as a pension investment.
Hotel rooms are classed as commercial assets and are one of the very few property types allowed to be purchased directly by a pension/SIPP.
Investors can purchase a room through a Self Invested Personal Pension (SIPP) either individually or in a group and take advantage of the tax relief available upon the income and capital growth.
Resort details of the Caribbean investment - DETAILS
Details of the 5* hotel investment in Turkey - DETAILS
Information on the Scottish investment - DETAILS
General contact page - CONTACT
Thanks to a strong economy Turkey is without doubt one of the hottest places to invest in residential property at the moment, good banking policies and growing national and international demand for homes in Turkey to rent and buy.
Despite the global downturn, Turkey has seen an average 4.3% annual increase in GDP for the last seven years, and the OECD
(Organisationfor Economic Cooperation and Development) reports that if this
growth continues, Turkey is set to have the third highest economic growth rate
after China and India by 2017.
Residential property prices appreciated by an average of 6% in 2010 and with a chronic shortage of homes across the country,prices are being tipped to rise further.
Stuart Law, Chief Executive of Assetz, said:
“Turkey's separation from the single currency has been an advantage during the
global downturn. The property market is underpinned by a strong economy with a
growing tourism sector, which can be converted into solid rental yields for
The property market in Turkey has been supported in part by growing tourism which is driving higher demand for holiday homes. The country received 28.6m visitors in 2010.
Ray Withers, director of Property Frontiers, says: "Thanks to huge waves of tourists to the country over the years with some 1.4 million Arab tourists visiting the country between January to August this year alone, it seems everyone wants a piece of Turkey. Certainly, for investors, the Turkish government's plan to make the tourist industry reach 15% of its GDP by the year 2020 will be a big attraction.”
He added: “It is probably one of the hottest markets on the planet.”
5* Property available in Akbuk prices from £49,000 with a 2 year 8% rental guarantee the properties are also Sippable. - LINK to property details
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