» CONTACT US Price: £49,000Number of Bedrooms: 1Reference Number: ARHB881

Property Description:

‘Record numbers of investors are looking at a new raft of property hotspots around the globe – and Turkey is top of the list’. Independent On Sunday

This exclusive 5 star resort, from an award- winning developer, has something exciting to offer every investor…. and holiday maker
Backing 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 min stroll from the Akbuk beach, shops and restaurants. It has been thoughtfully designed to combine a luxurious lifestyle with a shrewd investment opportunity.

Set in 10 acres of landscaped gardens, this resort has been carefully planned to provide a private and relaxing environment for residents as well as 5 star leisure and recreation facilities which are convenient though never intrusive.
As well as the residential apartments and villas, there will also be a 5 star boutique hotel and range of shops and restaurants

Key Features
As well as lifestyle properties, there is also a range of SIPP – suitable properties.
• Luxury 5-Star fully furnished properties with magnificent panoramic sea and mountain views
• Multi-award winning developer – Harmony Bay Resort & Spa is the group’s fourth resort
• Mortgages available for Harmony Bay Resort and Spa up to an incredible 90% on completion (subject to status)
• Prices ranging from just £49,000 up to £211,000
• 6% rental assurance is provided for the first 2 years to offer total owner convenience and peace of mind as the resort becomes more established
• SIPP suitable – you can buy with your pension fund and save up to 40% as a result
• Re-sales office on site to allow you to resell your property at a profit should you wish
• Holiday there yourself – 3 weeks personal usage*
• Properties will be fully managed and automatically entered into the resort’s rental programme in year 3 to deliver an anticipated on average return of 8% a year
• Identified as an investment ‘hotspot’ by some of the world’s leading hotel groups and holiday exchange companies
• Unrivalled facilities will include Hamam Spa, massage and treatments, a range of restaurants and bars, outdoor lagoon pools with water cascades, indoor pool, gymnasium, children’s adventure zone and extensive sports and leisure facilities
• All properties are freehold tenure and benefit from a comprehensive government-bonded 10-year building guarantee
MULTI AWARD WINNING DEVELOPER
• BEST DEVELOPER CENTRAL AND EASTERN EUROPE 2011 – AIPP AWARDS
• BEST DEVELOPER TURKEY 2010 – SILVER AWARD – THE OPP AWARDS FOR EXCELLENCE
• BEST DEVELOPMENT IN TURKEY – CNBC INTERNATIONAL PROPERTY AWARDS 2008
• OUTSTANDING DEVELOPER PEDIGREE
• PROVEN PASSION FOR EXCELLENCE & DELIVERY

LUXURY 5-STAR RESORT WITH UNRIVALLED FACILITIES
SIPP SUITABLE **
FULLY FURNISHED
RENTAL GUARANTEED FOR THE FIRST 2 YEARS, MANAGED RENTAL POOL FROM YEAR 3
If your ideal holiday is one of relaxation and tranquillity, you will feel completely satisfied at Harmony Bay. Relax… be pampered… have fun… indulge yourself

‘Turkey, which is Europe’s fastest growing economy and is a crucial partner for us in the Balkans, the Middle East and further afield.’
The Foreign Secretary William Hague-May 4th 2011

Serenity Spa: The Serenity Spa offers a range of treatments designed to soothe the soul, including massage sessions, facials and signature treatments in a deeply relaxing traditional Turkish Hamam. Complete the experience with time out in the tranquil Courtyard Spa Garden & Pool, or indulge yourself with hair, nail, tanning, waxing and makeup treatments in the Beauty & Hairdressing Salon.

A wide range of exciting restaurants to suit every palate

The Rooftop Restaurant: Boasting a magnificent, sweeping view of the bay and pine clad hills, and serving an imaginative menu of seasonal cuisine, the Rooftop Restaurant is open for breakfast,lunch and evening meals.
Serenity Restaurant: Private à la carte dining in the secluded and romantic courtyard spa garden for up to 24 guests.
Aqua Surf Pool Bar: Providing light fare, drinks and entertainment throughout the day.
Coffee Central: Extensive selection of fine coffees with delicious sweet and savoury desserts.
The Ottoman Wine Cellar: Ottoman lounge with traditional Turkish atmosphere; perfect for sampling fine wines from around the world.
The Pit Stop Juice Bar & Takeaway: Offering healthy snacks and refreshments on the move.
The Resort – Sport, Fitness and Leisure
Turkey is renowned for its great activity holidays, so why not enjoy yourself whilst keeping fit?
• Indoor Fitness Centre
• Indoor swimming pool of 120 m2
• Tennis
• Pétanque (Boules)
• Bicycle hire
• Outdoor swimming pools
• Five children’s pools and Spa Tub

The Resort – Children’s Entertainment
A holiday of a lifetime for the little ones
As well as the aqua facilities, The Harmony Bay Resort will have a full range of children’s activities, so they can enjoy a holiday of a lifetime with their family and friends.
The Underground: A space designed with teenagers in mind, incorporating a Chill-Out Refreshment Bar with Wide-Screen TV and Disco, Internet & Computer Games Studio
Games Room: Offering Table Football, Air Hockey, Table Tennis, Board Games, Snooker/Pool and Darts
Kiddies’ Soft Play Area

The Resort – Resort Management
Total owner convenience and peace of mind
It’s no longer enough to build the best quality, best value, award-winning holiday resort. Whether purchased as a holiday home, an investment, or both, an overseas property has to earn its keep.
To underwrite the financial performance, primarily the rental yields but also capital growth, Akbuk Resort Group are working with an international operator dedicated to resort and hotel management. Their key focus is to provide an outstanding level of service to both owners and guests in a globally competitive and evolving market. Turkey is the company’s number one destination target in their strategic growth plans.

How will this benefit owners in Harmony Bay Resort and Spa?
• Property and Resort Management – An experienced resort and hotel operator providing unrivalled guest and owner satisfaction
• Rentals Assurance – Total owner convenience and peace of mind whilst the resort becomes fully established
• Rental Pool – Achieving consistent superior returns on investment for each and every property using a vast network of global tour operators

All ‘Sapphire Suites’ and the first 48 ‘Jade Suites’ will benefit from a 6% rental assurance payable for the first two years whilst the resort becomes established.
Thereafter the fully furnished properties will automatically be entered into the resort’s rental programme for total owner convenience and peace of mind. Owners can then expect a share of the net operating revenue delivering an anticipated on average return of 8% a year.

• TOTAL OWNER CONVENIENCE AND PEACE OF MIND
• PROFIT FROM A 6% RENTAL ASSURANCE FOR 2 YEARS
• FULLY MANAGED RENTAL POOL from year 3
• DELIVERING A HIGHER FUTURE RENTAL RETURN
• HOLIDAY THERE YOURSELF*

* Not available when purchased within a SIPP or similar pension wrapper.
** Please talk to your accountant or IFA on the suitability of this investment

The Properties – The Sapphire Suites

Offering you rental assurance and significant capital growth

The Sapphire Suites is a boutique hotel built to the very highest specification. There will be two blocks containing 136 quality individual and co-joined suites which will be sold as 96 freehold fully furnished properties. All co-joined suites can be rented as two independent rooms, therefore significantly enhancing potential rental income and providing flexibility.
All suites will benefit from a 6% rental assurance payable for the first two years whilst the resort becomes established. Thereafter all suites will automatically be entered into the resorts rental programme for total owner convenience and peace of mind. Owner’s can then expect a share of the net operating revenue delivering an even higher return.

Quality hotel suites are a proven and highly popular way to invest for income and capital growth. They also have the added advantage of being available for investment through a SIPP (Self Invested Personal Pension). As well as the tax advantages of buying this way, there are also considerable benefits when you sell, since under current rules you can take out up to 25% of your SIPP value as a tax-free lump sum. Even without the pension benefits, hotel suites are a great way to invest since they tend to generate exceptional rental returns.

The Sapphire Suites – Hotel
56 Junior Suite units Total Size 36.5sq.m Price Range £49,000 – £56,000
16 Double Suite & Triple Suite (A) units Total Size 72.0sq.m Price Range £79,500 – £85,000
8 Double Suite & Triple Suite (B) units Total Size 77.5sq.m Price Range £79,500
4 Executive Suite & Double Suite (A) units Total Size 80.5sq.m Price Range £98,000
8 Executive Suite & Double Suite (B) units Total Size 77.5sq.m Price Range £90,000 – £92,500
4 Family Suite & Double Suite units Total Size 82.0sq.m Price Range £98,000
< click on image to enlarge The Properties – The Jade Suites
Delivering you a higher return on your investment

The Jade Suites will consist 144 properties of diverse styles overlooking two cascading swimming pools. The properties will be a mix of individual duplex and co-joined units. All co-joined suites can be rented as two independent rooms, therefore significantly enhancing potential rental income and providing flexibility.

Surrounded by protected pine forests the properties will benefit from air-conditioning and will afford large sun terraces or private gardens enjoying sea and mountain aspects. Each suite will be of a high quality design and will be finished to an equally high 5-star standard and fully furnished to provide a sleek yet comfortable hideaway.

The first 48 Jade Suites will benefit from a 6% rental assurance payable for the first two years whilst the resort becomes established. Thereafter all suites will automatically be entered into the resorts rental programme for total owner convenience and peace of mind. Owner’s can then expect a share of the net operating revenue delivering an even higher return.

The Jade Suites
48 Junior Suite units Total Size 36.5sq.m Price £56,000
48 Duplex Suite units Total Size 76.5sq.m Price £75,000
36 Double Suite & Triple Suite (A) units Total Size 72.0sq.m Price £85,000
12 Executive Suite & Double Suite (A) units Total Size 80.5sq.m Price £98,000

Turkey
It is believed that by 2015, or at least soon after, Turkey will join the European Union.

Fastest GDP growth in Europe (11.4% in Q1, 10.3% in Q2, Forecast 7.5% + for full year 2010, forecast 6.7% for 2011 – 2017 against an EU forecast of 1% at best)
Turkey awarded Condé Nast International Traveller Award for ‘Favourite Destination’ 2nd place in ‘World Top 100’
2nd fastest GDP growth in G20 (only second to China)
Tourism is increasing yearly, with 23.8 million visitors in 2007, 27 million visitors in 2009, against a government target of 25 million. Culture and Tourism Minister predicts 30 million tourists in 2010 and a record breaking 2011
Strong, fast-growing national economy with very low cost of living
Property price growth is very high and, even more importantly, explainable therefore likely to be sustainable
Falling inflation, falling unemployment, falling interest rates
Rated among the top 5 destinations for property investment by the television programme “Where on Earth?”
Successfully negotiating for accession to the European Union
Subject to status mortgages available up to 90% on Harmony Bay Resort & Spa
Turkish is the official language, English and German are widely spoken
Massive housing shortage which restricts supply against a constantly increasing demand

Purchase using a SIPP (Self-Invested Personal Pension)
You can actually purchase your property using a pension

There is a range of SIPP qualifying property within Harmony Bay Resort & Spa.

A SIPP is a form of pension plan where you choose where your money is invested, rather than the more conventional type where a fund manager invests it for you. The process is much easier than you may think. You can transfer some or all of the money from your existing poor-performing pension schemes into a SIPP. It’s very simple.

This is an ideal way to take control and maximise your returns from qualifying investments. Whether you have one or more pension funds going back years from a previous employer, which can be transferred into a SIPP, or whether you set up a new SIPP, you can re-invest each year’s rental returns which make the potential growth from compounding quite extraordinary. And when you come to retire, aged 55 or more, you can take out 25% of your fund as a tax-free lump sum.*

As with all pensions, you get income tax relief at your highest rate for all contributions, so that a higher-rate taxpayer could invest £100,000 and get tax relief of £40,000 meaning that the investment of £100,000 has only cost them £60,000. But all earnings within the fund would be based on the full £100,000 invested, that’s your £60,000 plus the government’s £40,000.*

Under current pension rules, a hotel suite using a SIPP means you forfeit any personal usage options.

* Correct at the time of writing. Compass Amazing resorts Limited & the Developer are not authorised or regulated by the Financial Services Authority, under the FSMA (2000 as amended), to provide financial advice. Any references to Self Invested Personal Pensions, or pension rule as a whole, are generic and for information only. We recommend that before making any decisions based on the information provided you should seek independent legal and financial advice.

Property Features:

Price £49,000
Area Akbuk - Turkey - Akbuk
Property Status New Build Off Plan Key Ready In Construction Re-Sale
Parking Off street parking Underground communal parking Private Garage
Facilities Communal Pool Private Pool Hot tub Barbecue Indoor Pool Tennis Court Gym Sauna Jacuzzi Bar Children's Playground On Site Security Communial Garden Private Garden
Furniture Fully Furnished Built-in wardrobes Unfurnished
Kitchen Dishwasher Extractor fan Fridge/freezer Fully fitted units Hob/plate Oven Separate kitchen Water boiler Washing Machine Micro Wave
Heating/Cooling Air conditioning Underfloor heating Central heating Pre Installation Air Conditioning Pre Installation Central Heating Fire Place
Extras Alarm Mooring Entry phone system Integrated window shutters Electric shutters Mosquito Nets Pre-Installation for Alarm Surround Sound System Pre-Installation for Surround Sound Utility Room Lifts Hydro Massage Bath/Shower Office Under-build Attic Central Vacuum System Pre-Installation Central Vacuum System Domotic system

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