Homes Abroad the UK's leading guide to Holiday Homes Abroad

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  • Akbuk
Price £49,000
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Property Description

Freehold hotel suites managed by world leading hotel management company. SIPP compliant. 8% rent assurance for 2 years. 4% return on investment before completion. Shared ownership possible.

Description:
Bay Resort & Spa has something exciting to offer every investor... and holidaymaker. Set in more than 10 acres of landscaped gardens, the resort has been carefully planned to provide a private and relaxing environment for residents as well as an investment that promises to make an attractive annual income.
There will be a 5-star boutique hotel, a range of luxury suites and villas and an outstanding leisure and recreation centre, to be known as the Emerald Plaza. This will be the entertainment heart of the Bay Resort and Spa.
This unparallel resort 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).
Key Features
• Luxury 5-Star Spa & Leisure Resort
• Multi Award-Winning developer
• World leading Hotel Operator
• 4% return on investment pre-completion on selected payment options
• 8% rental guarantee provided for 2 years
• Fully managed rental programme following guaranteed rental period. Anticipated average yearly return of +10%
• Fully furnished properties with magnificent panoramic sea and mountain views
• Clear exit strategy – developer buy back guarantee
Completion Dates: Phase 1 - June 2013, Phases 2, 3 and 4 – to complete by June 2015.
Bay Resort & Spa backs onto a protected pine forest with magnificent panoramic views across the beautiful Akbuk Bay and the Aegean Sea beyond. The resort is a relaxed 10 minute stroll from the local Akbuk beaches, shops and restaurants. The front of Bay Resort and Spa overlooks the stunning Akbuk Bay.
All properties at Bay Resort and Spa will be purchased fully furnished and ready to let. Options available include:
- shared ownership of any of the following properties – ¼ , ½, ¾ freehold shares
- complete ownership of any of the following properties:
Junior Suite - from £49,000 or from £12,250 shared ownership
Junior Suite & Triple Suite (A) – from £79,500 or £19,875 shared ownership
Junior Suite & Triple Suite (B) – from £85,000 or £21,250 shared ownership
Junior Suite & Executive Suite – from £98,000 or £24,500 shared ownership
Junior Suite & Family Suite – from £98,000 (not available with sea view) or £24,500 shared ownership
1 bedroom, 1 bathroom penthouse suite - £85,000 or £21,250 shared ownership
1 bedroom, 2 bathroom penthouse suite - £98,000 or £24,500 shared ownership
4 bedroom detached villa with 60m2 private swimming pool - £211,000 – only one available.
All of the property options are available with panoramic sea views, except the Junior Suite with Family Suite.
Floor plans of each property design, are available, upon request.
Further information and a colour brochure, is available upon request.
Even though these properties are to be managed by a hotel operator and to generate an income, personal usage is allowed for up to 3 weeks of the year.

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