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Buy From Plan
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Smart
investors have been doing it for years and today, we are finding
more and more clients electing to do it - "Buy from plan!"
By
reserving a new property today - usually in a development
‘before it is built’ you are buying off plan and it remains an
‘off plan’ property until close to completion.
By
reserving a property at todays price for a project which may be
completed in anything from 6 - 24 months later you can sometimes
obtain a small discount for buying ‘off plan’, but the main
advantage is that as prices increase your reserved property
price has been guaranteed by payment of a small deposit, this
saves you a lot of money! The builder/developer will supply a
timetable for the property’s completion, payment details, for
non-completion penalties, and guarantees for the building work.
You should ask to see a previous build that has been completed
by the builder to confirm the quality. New building
specifications also now mean that the quality of new builds is
higher than it has ever been in this area and improving all the
time.
Payments
are usually spread over the build time but schedules can vary
considerably. A typical payment scheme may consist of 10-15%
reservation fee, 2 payments of 25 - 30% during construction and
the final balance upon completion.
Buying a
property "off plan" means you get the pick of the plots!
Properties with good investment potential sell quickly and to
get the best position / location means buying as far forward as
possible - often even before there is a brick on the ground. You
need a good imaginat?on to go down this route!
You can
always come on a viewing trip later on, whenever the time is
convenient for you. If the development does not meet your needs
or specifications agreed, the developer will usually allow you
to transfer the deposit (but not the agreed sale price) to
another one.
Floor
plans and technical specifications will be provided by the
builder and although changes or additions to a property can be
made during the design stage they may cost extra but less than
trying to do the same at a later date. Buying off plan also
means you can usually personally have an input to your home by
choosing the bathroom suite and fittings, kitchen, fireplace,
wall and floor tiles and paint colours. If you are buying from
within a small development (usually up to 4 properties) you can
often have a say in the final size/depth of the pool/garden
design and car park area. Many developers are also offering a
package which means even after completion your property the plot
will be maintained to a high standard.
Admittedly, you have to be somewhat brave to go down this road
but if you've already seen the area, know where you'd like to be
and want a return on your investment, then buying off plan may
be the right choice for you (new property has great rental
potential). With an off-plan purchase your property is
appreciating in value even though you typically made a part
payment of only 40% of the original price. Typically this could
realise an annual capital return of over 50%. Steady capital
appreciation, and net rental yields are typically up to 8% per
annum on luxury developments and is projected for steady growth.
Some
investors who buy into a project will choose to sell their
property before the final completion date, as they are able to
offer a brand new property at the current market value thereby
making a profit in most instances, often as much as 25% by the
completion date.
What
else should be considered? The sheer enjoyment your family and
friends will obtain from your holiday home in the sun, not to
mention the outstanding antiquities, all year round Golf, world
renown cuisine and the very low cost of living. And it is all 45
minutes from the international airport of Antalya.
If you
are interested in this option please see the projects below and
contact us for details of the latest "off plan" projects.
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Luxury Complex with 1400m2 Wellness Centre
This luxury development is in fantastic
surroundings in the Tosmur area, just 800n metres from one of
the best beaches in Alanya. Consisting of 1 and 2 bedroom
apartments, this ocmplex is being built to the highest
standard and really will be something special for the
discerning customer. The pool area will have 2 large pools
with water slides, childrens pool and cold water plunge pool
all set in landscaped gardens with waterfall, a playground and
2 tea pavilions. In addition, there will be a cafe, sauna,
Turkish bath, fitness room and a 1400m2 tropical in door water
park! The complex even has its ownm medical clinic!! This is
definately the ultimate holiday complex and is excellent value
for money. Due for completion in March 2007.
Reference: ap-223
(From £40-50,000*) 
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Excellent value apartments in Mahmutlar
This brand new project is in the popular
Mahmutlar area and is just 300 metres to the beach, 700 metres
to Mahmutlar centre and 12 kilometres to the busy centre of
Alanya. The buildings have a panoramic lift and all apartments
are around 115m2 have good sized balconies. The development
has views over to the sea and to the Taurus Mountains and
offers swimming pool, aquapark, tennis court, basketball,
fitness centre, sauna and childrens park.
Reference: ap-228
(From £40-50,000*)
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Apartments with excellent facilities
This brand new project is in the centre of
Cikcilli just 800 metres to teh sea. The buildings have a lift
and all apartments are around 110m2 and have 2 bedrooms,
bathroom, open plan lounge and kitchen and 2 large balconies.
The development has river, sea and mountain views and offers
swimming pool, aquapark, tennis court, basketball, fitness
centre, sauna and childrens play area. These apartments are
excellent value and must be seen....
Reference: ap-229
(From £40-50,000*)
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Superb apartments with fantastic facilities
This brand new project of luxury 2 bedroomed
apartments is in a superb position just 500n metres to the
beach in the resort of Alanya. The apartments will be built to
a superb standard with safe, window shutters, mosquito nets
and spotlights in the living area and kitchen being fitted as
standard. The facilities available here are also second to
none: large swimming pool with aqua park, kids pool, indoor
heated swimming pool, mini football area, tennis court, kids
playground, cafe, barbecue area, market, internet room, 24
hour security and caretaker. The swimming pool can be covered
during the winetr months so many of the facilities can be used
year round. The ultimate in holiday complexes and excellent
value for money!
Reference: ap-226
(From £50-60,000*) 
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Delightful detached villas located on small
development with shared swimming pool. Available off plan in
stunning rural location. Open plan lounge / diner / kitchen.
For more details please contact us.
Reference:
v-357 (From £60-70,000*)
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Amazing detached villas located in Avsallar
which is between Side & Alanya. Available off plan only.
Mediterranean style villas with plenty of space. For more
details please contact us.
Reference:
v-360 (From £120-140,000*)
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Absolutely beautiful detached villas
available off plan with own swimming pool. Located in the
stunning rural area of Avsallar equal distance between Side
and Alanya. For more details of these unique homes please
contact us
Reference:
v-359 (From £110-130,000*)
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Unique villas available off plan in
picturesque countryside between Alanya and Side. Large open
plan lounge / diner with separate kitchen. Please contact us
for more details.
Reference:
v-356 (From £100-120,000*)
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Individually designed villas available off
plan with own swimming pool. Set amongst stunning rural
scenery with views out towards the sea. Ideal for those
looking for a unique property.
Reference:
v-355 (From £80-90,000*)
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Superb off plan villas set on three floors
with the master bedroom in the roof top turret. Located in a
rural location with stunning views. For more details of these
villas please contact us.
Reference:
v-358 (From £80-90,000*)
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Charming detached villas available off plan
in rural location between Side and Alanya. Lovely views across
the countryside to the sea. On a small development with a
shared swimming pool. For more details please contact us.
Reference:
v-354 (From £70-80,000*)
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These large (120m2) luxury apartments are
located in Avsallar which is between Side and Alanya and have
amazing views. There are only three remaining on the 1st or
2nd floors either furnished with high quality furniture or
unfurnished. The bathrooms are beautifully finished and 2 air
conditioning units are included. The quality and finish is
second to none.
Reference:
ap-361 (From £70-80,000*)
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170m2 semi detached villa with sea view
This brand new project of 2 quality semi
detached villas is in a superb location in the resort of
Avsallar with views of the sea, the forest and the mountains.
Reference: v-238
(From £90-100,000*)
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