Green Park Bodrum, Turkey
- Availability: 2 Beds
- Price: €49,500
- Estimated Completion: Q4 2019
- Tenure: Freehold
- Rental Yield: Up to 12%
- Profit from the Lira crash - prices half on last year
- 2018 Turkey saw 7.22 percent growth in its GDP
- Tourism revenue rose to $26.3bn in 2017 with 19 percent year-on-year increase
- Unemployment down from 12.6% in Feb 2017 to 10.6% in Feb 2018
- $113bn ‘One Belt One Road’ initiative will be connecting Bodrum directly to China
- 2 bedroom 85sqm apartments priced at only €47,500
Turkey has in recent years been one of the fastest-growing economies in the world, even outperforming economic giants China and India last year.
In the second quarter of 2018, the country reported 7.22 percent growth in its gross domestic product. According to official data, Turkey’s tourism revenue rose to $26.3 billion in 2017 with a nearly 19 percent year-on-year increase, driven by a significant rebound in the number of foreign arrivals. Further to this, China’s $113bn ‘One Belt One Road’ initiative will be connecting Bodrum directly to China and setting it up for huge increases in both employment, tourism, energy and transport. All this being said, due to extensive foreign currency debt, Turkey has found itself in a situation where their currency has crashed to levels never before seen. The Lira has halved in value against major currencies and this presents significant opportunity for investors to make money.
Our company have identified what we believe to be the strongest property deal balancing price, growth and personal usage. Our Green Park Project offers high spec 2 bedroom apartments located 8km from Milas International Airport and 4km from the Moni Beach Club. Construction is well under way with all 60 apartments completing in Q4 2019. All apartments are 85sqm in size each consisting of living room with built in kitchen, one master bedroom with en-suite bathroom, on a guest room with separate bathroom and a large terrace.
· New Build 2 bed apartments
· Huge currency advantages
· High spec with communal pool
· Under construction
· 40% down 30% on shell and 30% completion
With the Turkish Lira halving in value over the past 12 months, pricing here is unmissable. We have an exclusive allocation of apartments available at only €47,500 to cash purchasers. Great value for money and excellent growth potential over the next 5-10 years.
Contact us now for latest availability
Today, the Bodrum Peninsula attracts a global mix of interests and buyers.
With a diverse combination of clients. There are Scandinavians and Kuwaitis, Americans and British. Younger families interested in full-time residential homes in the central areas close to all amenities, high-end investors and second- or third-home buyers of unique taste. International architects such as Sweden’s Thomas Sandler and New York’s Richard Meier are leaving their mark on what is rapidly becoming one of Turkey most popular destinations.
Our new project is ideally located close to the airport and the gateway of Bodrum’s glittering peninsula, with the new Regnum Golf Club and a nearby marina sure to drive prices up further, there is real internal migration from Istanbul’s elite seeking more space, familiar private hospitals, brands and schools found in Istanbul. Bodrum is now coined ‘ the furthest superb of Istanbul’ with eight year round direct flights per day and being reached within one hour.