The Manzara Apart-Hotel in Turkey’s Kusadasi offers one of the best investment opportunities presented in recent times. The 5-star project has emerged from the innovative partnership of British developers and Dutch designers, creating the most cutting edge international-standard hotel in Kusadasi.

Along with a guaranteed 150% buy-back option after 5 years, every unit receives a 5 year guaranteed rental of 6%. Investors will appreciate the absence of Capital Gains tax after 5 years in Turkey, further increasing returns potential. The payment schedule involves a 40% deposit and 60% upon completion in May 2011. A guaranteed developer mortgage of 60% LTV is available, along with a 70% mortgage option at 6% interest repayments.

All of the units in Manzara feature sea views, and other views of the stunning surrounds include the port, marina, castle and Greek islands dotted around the Mediterranean. Ideally located only minutes walking distance from the town centre and the beach, the Apart-Hotel will feature a wealth of facilities.

Purchase 80m² Apartment - £100,000

Investment Required - 40% (£40,000)
Mortgage 60% of purchase price - £60,000
Mortgage Repayments (6% int only) - £3,600 p/annum
Community Fees @ £1 p/m² - £960 p/annum
Yearly Outgoing - £4,560
Yearly Rental Income (6%) - £6,000
Yearly Profit - £1,440
5 Year Profit - £7,200
Sell property back to developer after 5 years for guaranteed
150% of purchase price.
Total Profit: £57,200

Purchase 1/4 Share - Example

You and three friends purchase studio apartment - £37,400
Investment Required - 40% (£14,960) - £3,740 p/person
Mortgage Repayments (6% int only) - £897.60
Yearly Rental Income - £2,244
Yearly Profit - £1,346.40
5 Year Profit - £6,732
Sell property back to developer after 5 years for guaranteed
150% of purchase price
Total Profit: £18,700 - (£4,675 p/person)