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News

Release 8 June 10

High-season use. As with outright purchase, share owners can now opt-out of the hotel using your hotel suite. Each year, buyers will have the right to remain opted-in or to choose to opt-out of the hotel's rental & maintenance programme which commits the high season period of the owner's shares to the hotel for them to use in order to finance the owners rental income and annual maintenance. By choosing to opt-out at the beginning of each year, share owners retain the full use of their weeks throughout the year but will have to pay the annual maintenance charge for that year. This opt-in-opt-out facility applies only to the 3 suites in Villa L which is due for completion in 2011.

Release 18 May 10

Suites in Villas G and J now completely sold out. Sales are underway in Villa K and progressing well. Once sales are more advanced in Villa K, purchase prices of suites and shares in Villa L, the next villa to go on the market, and perhaps the remaining shares in Villa K, are planned to increase by 5%.

Release 28 Apr 10

Prices of suites will shortly increase by up to 10% from the launch price. As our current prices for such a unique hotel project are low for this location, it is envisaged that prices will continue to increase each time all the suites in a given villa are sold out. The website will be updated with the new prices in a few days.

Release 20 Apr 10

Turkey has weathered the financial crisis successfully, says IMF official. Growth in 2010 expected to be 4%.

Release 19 Apr 10

Villa J almost sold out. 6 shares remain. Sales to commence soon on 2 and 3 bedroom hotel suites in Villas K and L.

Release 2 Mar 10

Prime Minister Gordon Brown and Foreign Secretary David Miliband at a House of Commons reception promoting Turkey, announced that Turkey is officially the 16th largest economy in the world and back to growing fast. They further added that Turkey’s accession to the European Union was not only crucial, but near certain and that Britain remains committed to supporting and working towards Turkey’s membership.

Brown also used the occasion to announce the visit to Britain this month of Turkey's Prime Minister Recep Erdogan. Brown said his visit would boost current ties between Turkey and Britain and also contribute to peace and stability.

Miliband said Turkey had been passing through a great transformation that would benefit Europe and Britain and that Turkey was a bridge between Europe and the Muslim world, an important energy center and should be a full member of the EU.

The reception was attended by Peter Mustafa, Director of Propertiesabroad.com and Sales Partner in the Ölüdeniz Boutique Hotel project, His Excellency the Turkish Ambassador to London Yigit Alpoganvariou, MPs and Councilors connected with promoting Turkish interests.

Release 9 February 10

Villa J sold out. All 2 bedroom and 3 bedroom apartment suites in Villa J now sold. Demand is accelerating. Sales commence on apartment suites in sea view Villas L & K.

Release 14 December 09

All apartments suites are now freehold. Outright purchasers can opt out of any rental agreement and use their property throughout the year. They can opt-in to our rental programme which provides 8% annual yield and covers all running costs as well as leaving 26 weeks available each year for owners, or their guests, own use. Alternatively, owners can make a partial arrangement with our hotel for the weeks they do not want to use. All apartment suites are tastefully and fully furnished to high quality hotel standards.

Release 23 November 09

Just announced, as part of the pre-launch fine tuning, it has been decided that purchasers of entire suites or villas will now receive a freehold title deed (tapu) to their suite and not an auto-renewing 99 year lease. Owners of entire suites also have the option to opt-out of the hotel's rental & maintenance facilities freeing up all 52 weeks of each year in perpetuity. Shared owners will receive a share of each villa's freehold proportional to the type of suite they are buying and the number of weeks they want.

Owners of entire suites, rather than 1/26th shares, will be able to opt out of signing a rental agreement which cedes the high season 26 weeks to the hotel. The rental agreement provides the hotel with income from the suite in order to pay for maintenance and communal facilities and generate 8% annual income. By opting out of this agreement, owners have the full use of all 52 weeks in every year but lose the annual income and will have to meet their own maintenance costs.

Press Release 18 November 2009

The Environmentally Friendly way to own a holiday home. Ölüdeniz Nicholas Heights Boutique Spa Hotel Resort offered by propertiesabroad.com

Author: Peter Mustafa

I have written this . . . well, I suppose it's a bit of a rant, because I have come to realise that anything which remotely involves the use of the word ‘share' throws people into an instant and collective dismissal of the idea even though the concept is no different to that of a few friends buying a property together. Given that you can buy your very own 942ft 2 hotel suite outright hammers home the point that this is not a timeshare project.

Choosing to buy one with a few friends or other like-minded people makes the whole deal no more expensive as the purchase price is pro rata. Sharing a property, particularly in such a protected location, is über environmentally friendly as it creates year-round use and makes it very easy to sell on given that the suites are within a busy up-market boutique resort hotel.

The 33 suites in the Ölüdeniz Nicholas Heights boutique Spa Hotel is offered by propertiesabroad.com. The apartment suites, nearly all of which have good sea and mountain views, can be purchased outright for a very reasonable £129,948 where you also receive your freehold title deed (tapu). If you only expect to use it for a few weeks each year, you can buy 1/26th shares for £4,998 each. Income from the hotel pays the annual running costs whilst at the same time providing an annual income to owners of around 8%.

To help protect the unique paradise that is Oludeniz we encourage the maximum use of your property by making it easy for you to share it, and its cost, with others. Earning 8% on top annually, is an added bonus

Whether you buy outright or choose to share ownership with others, because the purchase price is pro-rata the total amount paid is the same.

By encouraging year-round use, we are avoiding the environmentally devastating policies of successive developers which have led to private ownership of properties which, save for a few weeks, are uninhabited for almost the entire year. Look at many 20 year-old foreign owned apartments and you will see the decline that can settle in with under use. Because our properties will be in continual use with a properly allocated maintenance and sink fund derived from such year-round use, such decline is prevented.

Ölüdeniz is one of the most protected, pristine and idyllic locations on the entire planet. It is one of the great iconic symbols of Turkey. Hence why the Turkish government has gone to great lengths to ensure there is little hillside development overlooking the beach, sea and the famous lagoon. Oludeniz is one of the most photographed locations in the world and one which looks equally spectacular from the air as well as from the ground.

We believe our development is one of the last available with views over Ölüdeniz .

Permission was granted to build these 33 suites and spa/restaurant because it is part of our existing year-round hotel resort and helps relieve the shortage of beds existing in Ölüdeniz.

The concept of environmentally friendly holiday home ownership takes a number of forms. Shared ownership, or fractional, as it is often known, is likely to become a policy imperative across Europe. France has created its own highly successful version called leaseback in order to discourage underused properties and the damaging environmental impact that comes from building developments which lie empty for most of the year.

Spain may one day regret it did not introduce such a policy years ago before its coastline became impacted with little used property resulting also in the double whammy of raised land prices beyond the reach of locals. I predict some owners will soon begin to fractionalise their properties as a way of selling the weeks they do not need. Propertiesabroad.com is already exploring this concept and is inviting owners to contact them for further talks.

In the UK, shared ownership, fractional and four owners clubs are fast becoming an accepted form of holiday home ownership.

In the same way that windmills, eco fuels, electric cars/buses and carbon trading are becoming ubiquitous, driven by international imperatives, such imperatives are beginning to extend to other environmentally responsible initiatives. Such as: sharing the ownership, cost and proper maintenance of holiday homes with the added benefit of reducing stress on land.

I can see the day when holiday home builders and perhaps even owners will one day be obliged to provide an internationally recognised environmental impact score (perhaps it will be called EIS?). When that happens, shared ownership will become the best game in town and the earth will breathe a sigh of relief.

Written by Peter Mustafa of www.propertiesabroad.com 18 Nov 09

Turkish property prices expected to double over the next three years on the back of 40% increases since 2004 21st October 2009

Heavy investment from Dubai. Emerging mortgage market. Highest recorded economic growth in 2004. Moderate to high property yields. Mass tourism hotspots. Government committed to strengthening mortgage provision. Positive feedback from EU countries regarding EU accession. Predicted to adopt Euro currency before 2015. Emerging popular destination with Britons retiring or investing abroad.

Oludeniz Air Games 14th October 2009

International 10th Oludeniz Air Games Festival 14 - 19 October Turkey

We are proud to announce the 10th International ÖLÜDENIZ AIR GAMES Festival which takes place from the 14th – 18th October 2009 in the unspoilt seaside resort of Öludeniz, Turkey.
Ölüdeniz is a small seaside resort 14 km (9 mi) south of Fethiye in the Mugla Province on the South West coast of Turkey along the Mediterranean Sea to the south and with the high, steep sided Babadağ Mountain.

Ölüdeniz remains one of the most photographed beaches on the Mediterranean. It has a secluded sandy bay at the mouth of Ölüdeniz on a blue lagoon. The lagoon is a national nature reserve where building is strictly prohibited. Ölüdeniz is an official blue flag beach which is famous for its beautiful turquoise and aquamarine sea and is frequently rated among the top 5 beaches in the world by travelers and Tourism Journals alike. The resort is also famous for its outstanding paragliding opportunities. It is regarded as one of the best places in the world to paraglide due to its unique panoramic views, and the Babadağ Mountain's exceptional height.

The spectacular BABADAĞ and Taurus Mountains, as well as the turquoise Mediterranean waters of this southern Turkey resort, makes Ölüdeniz the best spot for adventure, fun and excitement this October. The rest of Europe is already chilly and miserable by autumn, while here sun, waves and the amazing Belcekiz beach waits for you.

The weather is never below 25degrees, with an 85%-100% flight ability. Even in the second half of October the weather is still mild in Turkey and the fun continues well into autumn.
Like every year, during this year’s AIR GAMES, there will be hundreds of pilots from more than 35 countries and countless non flying participants (families, friends, spectators). The event is getting more and more popular every year as it provides non stop action and fills the expectations of absolutely everyone. It is now the second largest festival of its kind in the world.

Between the 14th and 18th of October you can expect demonstrations of paragliding, skydiving, base-jumping, hangliding, para-motor flights, remote control plane shows, microlights, hard core acrobatic competitions, accuracy landing competitions… Also summer sun, beach and unbelievably turquoise seas are just in front of you… After sunset the action does not stop, chilling out by watching snap-shots from the day in Cloud 9 and parties throughout the whole of Ölüdeniz. Music, drinks, dancers and entertainment are here to enjoy until the crack of dawn.

Propertiesabroad.com team up with Harley Scott 5th october 2009

New London and home counties partner on board, on a recent meeting Propertiesabroad.com team up with Harley Scott.

Peter Mustafa MD of propertiesabroad.com.says:

Our mission at propertiesabroad.com is to create a truly unique user experience when choosing and buying property. We have over 25 years experience in the overseas property market and our main projects are chosen very carefully for their: Location location location, Investment potential (excellent capital gains projections), rental yield, rental contracts available, having that "extra special something", value for money, quality of build and inclusive 'extras', reputable builder accessibility from the UK

Top 5 Romantic Things To Do In Oludeniz 17th September 2009

With crystal clear calm lagoons, white sandy beaches, and bright blue sky, holidays to Oludeniz are the perfect choice for a romantic getaway. Here we will count down the top 5 romantic things to do on your Ölüdeniz holiday.

1. Getting Married on the Beach

Sandy beaches, crystal clear blue skies, and shimmering turquoise water. What else could you need for the perfect setting for a picturesque wedding? Whether you want to get married in one of the many luxury hotels or have your wedding on one of the area's idyllic beaches it could not be easier for you to get married on your holiday to Ölüdeniz. There are an abundance of good companies who can organize the whole special day for you. A wedding in Ölüdeniz could be the perfect start to a couple's married life.

2. Butterfly Valley

Imagine walking side by side along an untouched beach as beautiful butterflies float past you. Butterfly valley is exactly that. It is idyllic for couples seeking some peace and tranquility on their holiday in Ölüdeniz. It is the perfect beach to unwind together, soak up some sun and enjoy a romantic picnic for two. The beach is so private and secluded that that you can only get there by a boat taxi 3 times a day. Butterfly beach is the perfect escape for people seeking a private sanctuary.

3. Sunset Cruise

Ever dreamt of sailing into the sunset with you partner onboard a yacht? On holidays to Ölüdeniz this is one of the experiences you can enjoy. Your dream trip will start with the captain sailing you into the sunset and will you will have the opportunity to take an evening swim together under the shimmering stars. This will be followed by a delicious onboard BBQ and a gentle sail back to Ölüdeniz. Another wonderful experience to share together.

4. Paragliding

You are 6,500 feet in the sky and looking down together on the beautiful beach of Ölüdeniz, You are standing hand in hand on the Babadağ Mountains and you will feel on top of the world. The adrenalin is rushing through your body as you are about take off on an exciting adventure together. You will take off from the top of the mountain and glide down over the shimmering sea eventually landing on the beautiful white sands of Ölüdeniz beach. No, this is not love! ....this is Paragliding and is a breathtaking experience for thrill seeking couples to share together on their holiday in Ölüdeniz.

5. Scuba Diving

Envision diving hand in hand and exploring colourful reefs and spotting exotic corals and marine life like moray eels, octopus and maybe even a barracuda! Scuba diving will open up a whole new world for you to explore as a couple. PADI centres can be found in found in Ölüdeniz and they offer everything from a basic introduction to diving to a 5 day course. Scuba diving is another perfect activity for couples to take their pleasure under the water on their holiday in Ölüdeniz.

Oludeniz Air Games 16th September 2009

Babadağ and the famous blue lagoon of Oludeniz in Turkey await pilots and guests for the 10th international Oludeniz Air Games, to be held 14-18 october 2009.

Organiser Kadri Tuglu of Cloud 9 cafe invites you to join hundreds of pilots from more than 35 countries, and countless non-flying participants for flying, fun and the azure blue waters of the Mediterranean. There will be demos of paragliding, skydiving, BASE jumping, paramotoring, microlights, acro and accuracy, and music, drinks, parties and dancing until dawn.

Latest Customer Trip 14th August 2009

Latest Customer to Invest “Zull Karimjee”

“Traveling over to Turkey with Gaf this last week was fantastic and well worth it, experiencing the resort and the whole area.”

“The Hotel is beautiful, the food is lovely and the staff are so helpful and friendly. If you enjoy relaxing by the pool it is the ideal place to be.”

“I am really happy with my investment, and being able to see the villa’s in construction take’s all the worries out of investing abroad”.

“It was thoroughly enjoyable, the staff are very pleasant and approachable and made you feel very welcome.”

“Thanks again to everyone at Harley Scott”

Turkey confirmed as the most popular summer destination for 2009 12th August 2009

UK holidaymakers are heading to Turkey on holiday this summer says Holidays-Direct.co.uk. An exotic destination which is great value for money, with a variety of cultures and a mystical appeal – this is why many tourists are flocking to Turkey’s many shorelines.

Holidays to Turkey are overtaking holidays to Spain in the latest statistics for the ‘number one’ destination for UK travelers.

With Turkey surrounded by Aegean and Black Seas and enjoying vast amounts of coastline appealing to families, couples and beach lovers alike, many UK holidaymakers are heading to more exotic non-euro resorts where there is greater value for money.

Holidaymakers want to make the most of their summer especially in today’s climate and are choosing destinations which are slightly different to Euro-zone resorts. Holidays which have a more mysterious appeal are proving popular with those who normally , Greece or Italy for example.”

The top 10 summer holiday destinations are:-

1. Turkey
2. Spain
3. Cyprus
4. Tunisia
5. Greece
6. Bulgaria
7. Canaries
8. Portugal
9. Italy
10. Croatia

With the strength of the pound being far greater than the Euro, better exchange rates are far more attractive.”

Turkey has much to offer its visitors as east meets west in with a mix of modern and traditional architecture, retail establishments and . While western influences create modern amenities, giving a more homely vibe, the eastern diversity gives more depth to the tourist regions and visitor .

Day tripping to Turkey’s capital Istanbul is perfect for couples and explorers, checking out ancient ruins, suburban cafes and bars. Turkey’s many beaches are the main attraction for many families, couples and singles. Culture-rich, family-friendly Turkey is rapidly becoming Britain’s number one summer holiday destination of 2009.