8 June 10 High-season use for share owners now possible >
18 May 10 Suites in Villas G and J sold out. Sales commence in Villa K >
30 Apr 10 Selling-on/Resales >
28 Apr 10 Prices of suites poised to increase by up to 10% >
2 Mar 10 Gordon Brown's announcement on Turkey's accession to the EU >
14 Dec 09 All hotel suites now freehold for both outright and shared purchasers >
23 Nov 09 Suites to be freehold for outright purchasers >
18 Nov 09 The Environmentally Friendly way to own a holiday home >
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Why not tell someone you know about this fantastic opportunity!
Harley Scott is the sister company to B1 and are part of The Business First Group. B1 itself is the building side of the group and Harley Scott was formed to own and manage all of the companies assets which total over 30 million pounds. Harley Scott's sales and marketing partner is Properties Abroad.com. All enquiries should be directed through them on 020 8920 5260. info@propertiesabroad.com
Nicholas Homes is the largest south coast Turkish developer having experience in building over 800 luxury villa’s and numerous Hotel and Leisure complexes.
A subsidiary of Nicholas homes & NGI Holidays has been specifically set up to run and operate The Oludeniz Boutique Hotel and Harley Scott has invested in to this company. NGI Holidays will run the hotel complex all year round.
NGI Holidays will market the resort through their exclusive links will all major tour operators such as First Choice and Thompson Holidays. NGI are currently taking bookings on phase one and have been fully booked each season the resort has been open. NGI has signed a two year contract to have exclusive marketing rights on the hotel and in two years time we will review all the contracts and prices.
Harley Scott has paid NGI Holidays the funds to build the complex, on receipt of a clients deposit the client receives the contract / shared ownership agreement outlining the details of the purchase. Once the site is finished all clients receive a share of the freehold to their apartment suite showing their usage allowance and the right to receive a return on their share of the luxury suite.
For clients buying the suite outright, they simply receive the freehold title deeds to that suite.
As soon as we receive the clients reservation and the clients full details two copies of the outright purchase or share agreement / rental agreement will be signed and sent from Nicholas Homes in Turkey to Harley Scott in the United Kingdom. Harley Scott will then sign the paperwork and forward it on to the client. The client then needs to sign both copies and return one to Nicholas Homes in Turkey using the stamp addressed envelope and retain one copy for their own records.
Once your villa / suite has been built and has been let for holiday use at the end of the season all income for your suite is totaled and then divided up between all the share holders. Payment to share holders is made around the end of December each year. Outright purchase owners receive the full undivided amount for their suite.
This money is paid direct from NGI Holidays.
The company that has been set up to build this particular project will not be loaning any funds to build the overall resort and the funds to build it as per point 5 have already been allocated, it is therefore virtually impossible that anything can effect this investment or the resort itself. Should Harley Scott itself or NGI Holidays either cease to exist this would not effect the contractors set up to complete this project as they are totally separate companies.
Copy of the land title can be viewed http://www.oludeniz.propertiesabroad.com/resort_landapproval.html
No you do not need a Turkish Bank Account.
The fee required by the hotel for a weeks use will be £50 for a 2 bed suite and £75 for 3 bed suite, investors will be asked to leave this when vacating the complex.
No you only pay one tax in the United Kingdom.
Yes the shares can be sold or transferred at anytime by a solicitor giving notice to the Turkish solicitors for a nominal fee. Outright owners can sell their suites in the normal way through any real estate agency or preferably through properties abroad.com as it seems reasonable to believe that given the rarity of sea view properties overlooking Oludeniz, particularly hotel serviced ones, a healthy aftermarket will exist for the properties.
Once you have paid your deposit you will be able to call / go online and contact NGI holidays in the United Kingdom and they will give you details of availability as well as connections for the best available flights etc.
Name on a freehold title deed giving you a shared ownership of that freehold which also gives you rights to let your suite through an existing hotel complex and have use of the facilities in the off peak months.
Very similar to shared ownership, only there is no hotel company in place to mange and maintain your property.