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Apartments Turkey - Viva Mar Apartments and Duplexes
Beachfront Apartments & Duplexes for sale in Altikum


Apartments in TurkeyViva Mar Apartments from €29,000

Studio apartmentsfrom €29,000
2 bed apartments from €47,500
3 bed duplex apartments from €66,500

The apartments on the Viva Mar development represents outstanding value for money in a stunning property growth area of Turkey.

Introduction

The location of Viva Mar is a little quieter than popular Bodrum and is within easy reach of 2 international airports. 

The apartments offer more spacious living conditions than many developments in Turkey and the build quality is to a high standard by a reliable developer with a proven track record in the area.


Investment Return Projection

  1. Potential Capital Appreciation per annum: 20.00% Conservative Estimate
  2. Potential Rental Income per annum: 9.00% Estimate based on 2 bed apartment 12 weeks high at €355 per week and 4 weeks low at €275 per week

Development Description

Due to the great success of their first development, Marina Vista, the developer is now launching a second development, Viva Mar in Altinkum.

Due to outstanding value for money and designs from an award-winning architect, the first project SOLD OUT within four months of launch.  Expectations for Viva Mar are even higher, due to its location, prices, architecture and quality.

Viva Mar comprises a total of only 71 units in 3 blocks (A, B and C), built over 4 ½ levels.  As with the first project, Viva Mar offers unique architecture and extremely high standard modern finishing's.

Viva Mar offers 5 types of property:  studios, 1, 2, 3 and 4 bedroom properties. Duplex properties include built in barbecues on sun terraces.

Prices start from just €29,000. Apartments overlook Altinkum itself with spectacular sea views from many apartments while the duplex apartments enjoy stunning views of the Temple of Apollo.

The development boasts a communal pool of 190m2 with a pool bar and 160m2 of terraces for sunbathing around the pool.  Other features include:

* Children's’ pool and Jacuzzi * Fully-equipped fitness centre * Shuttle service for residents * Water features throughout the complex * High trees will be planted around the boundaries to provide privacy to the development * 10 year structural guarantee from the developer * 3 year guarantee on windows & doors


Location Details

Altinkum is a growing resort bordering the Agean Sea on the west coast of Turkey. The Viva Mar development is positioned just off of the new marina road in Didim, Altinkum between Bodrum and Izmir. 

This area of Turkey is 380km east of Athens, 250km north of Crete and 550km north west of Cyprus.

Viva Mar Apartments

Viva Mar is located only 4.5km from the new proposed golf course, 3km from the new marina, which starts construction in October 06, and 5 beautiful beaches lie within a 4km radius of the complex.


Local Climate

Altinkum weather is very reliable, Long days of beautiful sunshine with regular cool breezes make it ideal holiday weather.  Blue skies are guaranteed, as is sunshine and warm water on the Aegean coast in the summer. 

Coastal areas in general have milder winters compared with the UK and very warm summers, with the southern coast hitting 35°C or more in July.

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The Region

Altinkum is a growing tourist resort where property prices are considerably lower than in other more established resorts along the same stretch of coast.

The region is easily reached from both Bodrum and Izmir airports with very reasonable transfer times from both. With the increase in popularity of Turkey and the Aegean coast in general, more flights are expected, creating greater competition and lower fares.

Mortgages are about to become possible in Turkey and this is expected to drastically increase interest in Turkish property and drive prices upwards.

Altinkum is as lively or as quiet as you wish to make it, with over 50 bars, 10 discos and 60 restaurants.  While night life is not on the same scale as Bodrum, this is certainly not a remote location.

Apartments Atikum

The development is situated next to Didmya Village (Goran) which is famous for the Temple of Apollo. This makes the land surrounding the complex protected and free from over development.

Ephesus The second largest ancient site in the world, Ephesus is the best preserved classical city of the Eastern Mediterranean.  It is among the best places in the world enabling one to genuinely 'soak in' the atmosphere of Roman times.

Pamukkale This is a unique location in the world, with its cascading water from the cliffs forming crystallized, dazzling white and frozen waterfalls. The thermal waters have been used for therapeutic treatments since Roman times.


Payment Schedule

€500 Reservation Fee - Required immediately to remove property from sale and freeze the price. At this stage investors have the option to choose 1 of 3 payment plans.  Prices of properties vary depending on the payment plan chosen. Typically, the total property price is lower the sooner an investor pays a higher percentage of the total cost.

Payment Plan 1:
80% of Purchase Price - Required on contract (less €500 Reservation Fee). Investors can expect to move to contract usually within 30 days of initial reservation payment.

  1. 20% of Purchase Price
    Required upon completion.

Payment Plan 2:
30% of Purchase Price - Required on contract (less €500 Reservation Fee). Investors can expect to move to contract usually within 30 days of initial reservation payment.

  1. 20% of Purchase Price
    Required on completion of foundations
  2. 20% of Purchase Price
    Required on completion of roof
  3. 30% of Purchase Price
    Required on completion.

* Please note that mortgages in Turkey are not currently available however this is expected to change in the immediate future, details to be announced.

 

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