Blue Bay Heights Brief
  • Irish-Turkish development located in Yalikavak
  • Construction completion date December 2007
  • Off-Plan Investment Opportunity
  • Blue Bay Heights is the 2nd development by the Irish property development firm Blue Bay Developments Ltd.
 
Click on panorma image to reveal the view from Blue Bay Heights Villas & Apartments
 
Click on Image to view larger version
 
Over over BBH Pool   Overview of Blue Bay Heights complex
     
 
Pool view over Sea   Bathroom
     
 
Bedroom   Living Area
     
  Price & Availability List  
 Please contact your agent for up-to-date availability list.
Numbered Site Plans   BBH Price & Availability List
     
   
Floor Plan (Ground floor terrace 43 m2)    
 

Turkish & Yalikavak Info

To view some details on the great investment opportunities in Blue Bay Apartments you can view the following links:

Description   Web Link
About Yalikavak >> Yalikavak Municipality site
About Bodrum >> Bodrum Area Info
About Turkey >> Turkey Country Info General
Turkish Economic report >> 189kb pdf file (Adobe Reader)
 

Why Invest in Turkey?
There is serious inward investment projected over the coming 10 years for the following reasons:

  1. Turkey was granted EU entry candidate status in Oct 2005, after 40 years of diplomatic efforts. Up to now the EU and Turkey already traded under the Hague convention & OECD rules. No country has ever been granted candidacy status and not eventually got full status no matter what the issues.
  2. Finance for foreign property investors came in for the 1st time from September 2006. This is naturally expected to have a very positive impact on property values over the coming years. More domestic and foreign investors will be able to get involved in Turkish prioperty investment & further demand is widely anticipated. Terms include max 80% LTV; max term 20 years; €40,000 euro minimum loan;l 1 yr fixed rate at 6.1%.
  3. Turkey is widely recognised, especially in the areas most popular with investors, as the country with the most advanced infrastructure. For example, there are 105 airports in Turkey.
  4. The Turkish property investment market is driven by domestic and international investors. 2 of the top 30 world rich list are Turkish citizens. Furthermore, Turkey has experienced 26% growth in tourism numbers for the lat 3 years with 14 million 2003, 17 million 2004, and 21 million 2005. In relation to the Bodrum area
  5. International access from mainland Europe to and from Turkey is well advanced and new routes are emerging all the time. Charter flights operate to Bodrum International airports from all the major Irish & UK airports from May to October. Outside the peak season one can avail of schedule flights with Turkish Airlines (www.TurkishAirlines.com) who this April 7th 2006 started a new route direct schedule flight from Dublin to Istanbul (Turkey's main hub) with 1 hour connections to Bodrum International airport (baggage auto transferred).

Several overseas property agencies will be working with us on the marketing and sales of these projects over coming weeks, so the reservation policy has to be as simple as first-come-first booked.

  1. A reservation requires a signed reservation form and €3000 reservation deposit. This is naturally refundable for 14 day period during which time investors will have ample time to have legal checks etc. completed
  2. Then to purchase the property, an investor must sign the purchase contract and arrange to make payment. These properties sold off-plan & the early bird scheme is a simple & secure.

About Blue Bay Heights

Blue Bay Heights have been designed by one of the regions most prominent architects. This development offers its owners a luxurious standard of living and an exceptional quality of finish in an area surrounded by multi-million euro villas. The location maintains a year round population and a strong domestic investment market for expensive property.

Some of the important factors when considering investing in this development include:
  1. Situated with a magnificant panoramic view, this development immediately presents the Turkish holiday dream.
  2. The real gains from this developments will be in capital appreciation as Turkey's property market booms, bearing in mind that the location of this development is exceptional. Note that the rental is optional to the investor who may wish to keep the property privately for themselves.
  3. This complex is scheduled for completion in December 2007, in line with local regulations that prevent building work during peak tourist season.

Cash Flow Projections - With mortgages newly available to the market, and rental returns possible on this development, a cash flow analysis permits the buyer to quickly verify that this property will be a valuable addition to any investor's portfolio, or a tranquil retreat in a location famous for its natural beauty!

Peak Holiday Season, Availability & Prices - With the peak holiday season just 3 weeks away, the advent of direct scheduled flights from Dublin to Turkey with Turkish Airlines (April 7th 2006), and EasyJet starting flights from London to Turkey for £35 STG each way in July, please contact your Astute Property International representative for the most up to date availability.