NEW FINANCING OPTIONS FOR OLIVE GARDENS IN AKBÜK

NEW FINANCING OPTIONS FOR OLIVE GARDENS IN AKBÜK

 

My Turkish Home has teamed up with Garanti Bank, Turkey’s second largest private bank, to offer an attractive finance package to help facilitate your purchase of an Olive Gardens property

Olive Gardens in Akbük, Turkey, is our flagship development . It is a 3-phase project consisting of 120 units in total, plus four detached villas.

The site is fully complete and key ready. All building licences and habitation certificates are in place.  Kat Mülkiyeti deeds are issued.

At time of writing, the project as a whole is 66% sold out, leaving just 41 units remaining. Three of the villas are also available.

We have illustrated some payment terms below for apartments, duplexes and the villas.

2-bed apartment: purchase price £49,000

 

Cash deposit                – £19,000

Mortgage                     – £30,000

-         5 year term, 0.6% fixed monthly rate interest – £596.88 monthly installments.

-         10 year term, 0.74% fixed monthly rate interest – £378.09 monthly installments.

3-bed duplex apartment with roof terrace: purchase price £69,000

 

Cash deposit                – £29,000

Mortgage                     – £40,000

-         5 year term, 0.6% fixed monthly rate interest – £795.84 monthly installments.

-         10 year term, 0.74% fixed monthly rate interest – £504.12 monthly installments.

3-bed detached villa: purchase price £116,000

 

Cash deposit                – £46,000

Mortgage                     – £70,000

-         5 year term, 0.6% fixed monthly rate interest – £1392.72 monthly installments.

-         10 year term, 0.74% fixed monthly rate interest – £882.21 monthly installments.

Mortgage funds are released on receipt of title deeds. These are now taking an average of 2 months to come through.

MTH are happy to release the keys upon receipt of the deposit, to enable you to enjoy your purchase straight away. The balance is then paid by the bank when the deeds have been signed across to your name.

 

Further details about Olive Gardens can be found on:

www.olivegardensakbuk.com

www.myturkishhome.com

If you would like to talk this through in more detail please feel free to call Kate at any time on 0845 0217717, or drop her an email at info@myturkishhome.com.

 

July 2010.

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