Faralya, Oludeniz, Mugla, Turkey

Description
Description: These five villas are tucked away into the foothills of Babadag mountain a 25-minute drive along the coastal road from the lagoon and beach in Oludeniz, investors are attracted to the area with the growing numbers of high net-worth clients flocking to experience the tranquillity of this region, with a crystal blue sea and breath-taking views.

In recent years there has been a rush to develop in this pretty coastal region, with several fabulous high-end retreats, boutique hotels and luxury sea view villas are nestled into the pine forest and valley. The village has a few local shops and restaurants, with an elite following that makes these five villas, 14-room opportunity a wonderful chance to own a boutique sea view villa-hotel at a great price.

The Property: There are five stone-built villas varying in sizes surrounding a courtyard with a twin feature shared pool in an attractive tiered design. This opportunity lies on an attractive and generous private plot surrounded by scented shrubs, flowers, and fruit trees. Overall, the villas are enclosed by stone walled garden.

The Villas: There are five linked villas in total, all come fully furnished. There are 2 x three-bedroomed villas, and 3 x three-bedroom villas. All of which benefit from an open plan sitting/dining and kitchen, modern bedrooms and a private balcony overlooking the gardens/pool.

Parking: There is off-road parking for several cars.

Investment Potential: This is an unique great business opportunity with lots of scope, and arrives ready to run, and if marketed correctly, it could attract an excellent holiday rental return from. The purchase would make a wonderful holistic, yoga or boutique retreat. It is also close to the famed Lycian Way walking route, so it could attract walking groups if marketed correctly.

Additional: The current owners of this property are ideally looking to sell the five villas as one investment. However, it is possible to sell these villas on separately if wished. Further information is available by contacting Adkins Property Group.

Essentials
Built approx. in 2006 we are advised that these villa are installed with air conditioning and electric central heating.

Local property council tax (Emlak Vergisi)
Local property tax is payable in two equal instalments, the first in May and the second in November. You have to contact your local municipality (Belediye) for further information and payment options. Tax is calculated based on the value of the property and is subject to thresholds set by the tax authorities.

Buyers Fee
In accordance with Turkish Law, we charge the buyer 3% (inclusive Vat/Taxes) of the agreed purchase price (unless agreed differently in writing), this is standardised throughout estate agency in Turkey.

Taxes payable when purchasing/selling a property
Turkish Property Transfer taxes (Emlak Alim/Satim Vergisi) paid by the purchaser.

Pricing & Currency
With the fluctuation of currency, we ask you to contact us for further information and an up to date guide price.

If the property is a building then Natural Disaster Assurance (DASK) is obligatory. From personal experience, the insurance cost is very reasonable.

Area
Just a short drive away from Oludeniz and Hisaronu - Fethiye centre is approx 25 mins drive - Dalaman airport is approx. 1hr 15mins drive.

Buying Through ADKINS
We are an independent UK family business with 14 years experience in Turkey. We're located in the Cotswolds and own our own 2nd home in Dalaman Mugla. Over many years we have built friendships and business relationships within areas such as; Dalyan, Ortaca, Dalaman, Sarigerme, Gocek, Calis and Fethiye. We are passionate about Turkey its people, and culture. We are happy to assist you in buying, selling or letting.

Viewing Arrangements
We can arrange viewings with an associate member of the ADKINS team, either by meeting you at the local airport or the property. Please email or call us to arrange a convenient time to view.

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