Newly Completed Detached Villa with Pool in Oludeniz

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£530.000

Real Estate Details

  • Estate ID:
    ETF0106
  • Price:
    £530.000
  • Bedrooms:
    4
  • Bathrooms:
    4
  • Land Size:
    500 sqm
  • Living Space:
    500 sqm
  • Furniture:
    Yes
  • City Center:
    5 Km
  • Distance Airport:
    55 Km
  • Distance Beach:
    5 Km
  • Building Year:
    2023
  • Real Estate Status:
    
Bed: 4
  
Bath: 4

Real Estate Information

Newly Completed Detached Villa with Pool in Oludeniz; Modern designed four bedroom Ovacik villa with partial sea-views across the Fethiye’s wonderful landscape. Modern living doesn’t get much better than this. If you are looking for luxury, cool climate offered by a mountainous backdrop and a sea-view, then look no further. This super modern four-floor Ovacik villa ticks all the right boxes. It has excellent views, is close to the town centre, and makes perfect sense if you are looking for either a holiday home or investment property. With marble flooring, a clean neutral white design, and two open plan living spaces set over two floors, this villa is made for luxurious living. The basement comprises of living room and an open plan kitchen, opening out to the garden area and the swimming pool. The first-floor balocony provides a shaded seating area from which to enjoy the marvellous views of Babadag Mountain and Oludeniz Sea. The ground floor has a similar layout and opens to a large balcony, with clear panoramic glass, so views can be enjoyed from inside and out. The first floor comprises of three beautifully designed and spatious bedrooms, including one master bedroom and one shared shower. The attic is comprised of one master bedroom with ensuite. Investment potential The clean modern design of this property makes it perfect for investment. You can expect rental yields up to 8%, which totals £19,600 per annum, with the added opportunity to enjoy the property yourself

Hotspots Property in Fethiye Area

Fethiye Centre
Fethiye town is an excellent place to have wonderful time. Many restaurants and Cafés along the new seafront promenade leading in the centre where you can have an interesting and nice dinner in the fish market or in the restaurants located in Paspatur for and authentic atmosphere. Indoor and outdoor Bars and Discos, good night life, shopping quarter, The Antic Theatre, Yacht Marinas and much more are available within the relaxing and easy life climate of Fethiye.

Calis Beach
Calis, the nearest beach resort to Fethiye, became a town centre its own now as it has got all. Calis Beach is famous with picturesque sunset, sea breeze and the 3 km long beach promenade. Restaurants, bars, shops, cafes, Water Park, Sunday market and all amenities for both relaxation and fun are available along the promenade and in lively centre of Calis. The main town Fethiye is 4-5 km away. You can visit there easily by any local transport, ideally by water shuttle for a difference.

Olu deniz (Hisaronu & Ovacik)
With its real turquoise colour sea, Oludeniz has the most beautiful beach in Turkey and the 4th most beautiful beach in the world. It is in the same time one of the most popular paragliding centres in the world, where air games are organized every year. As Oludeniz beach area not surprisingly highly protected, it is not allowed to build houses closer than 3 kilometers to the beach. This means that, if you are considering a property for sale Olu deniz, you will actually consider a property for sale Hisaronu & Ovacik, which is the residential area of Oludeniz. That is how Ovacik with its lively centre Hisaronu have recently been very popular.

Ovacik, the residential area of many holiday villas and apartments, is geographically a very spacious area with amazing and relaxing mountain and sea views. The area has very fresh and healthy air as the humidity is low.

Hisaronu, the centre of Ovacik area, is one of the liveliest resorts in Turkey where you would get full of fun. The nicest restaurants and Cafés, the best outdoor and indoor bars and dancing bars are along the long main street. Amusement park, Water Park, Carting, shopping centres, street market, night life and all entertainments are available for an amazing holiday.

Climate

With over 300 sunny days a year, the area has an excellent climate. The winter is two months only; December and January, where the temperature is 15 degrees Celsius minimum. You have summer season for almost 8 months where the temperature varies between 25 and 40 degrees.

It rains hard for a short while in the winter and then the clouds leave and the sun says Hi again. The sky is never completely covered by clouds more than a few hours.

The long summer season is full of sun with blue sky. The hottest month is August where the temperature leads to 40 degrees for some days. The local people miss the rain during the long summer time.

Property in Turkey and living, Fethiye

The Living cost in Turkey is considerably less than it is in Europe. The living cost in Fethiye is even much less than the bigger cities in Turkey. An income of around 300-400 GBP per person per month will afford a very nice living in prosperity and happiness in Fethiye. Here are a few examples of costs for the nice and easy life in Fethiye:

– A very nice dinner in a good restaurant costs 10 to 20 GBP per person, including drinks
– A nice lunch of kebabs, pizzas, fast food or Turkish food cost 3 to 8 GBP per person
– Local transports cost 0.30 to 0.60 GBP per person, water shuttle 5 GBP
– A boat trip all day including BBQ lunch cost 8 GBP per person
– Brand new car hire costs 150-180 GBP per week (British driving license is valid in Turkey)
– Nice walks along the beaches and seaside promenades, watching picturesque sunset, easy way of living with no rush, nice smells of flowers and nature, mountain and se views, friendly people, more than 300 sunny days a year, etc. are free of charge.

Expenses related to buying this property (approximate figures)

1. All possible figures paid once upon purchase:

• 100,000 GBP; Price of Property
• 3,000 GBP; Estate agent commission of 3%
• 4,000 GBP; Purchase tax of 4% (paid upon the receipt of the Title Deed)
• 1,000 GBP; Solicitor fee (in case the buyer wish to involve a solicitor, only)
• 400 GBP; All paperwork (Notary, Power of Attorney, Stamp Duty, Passport Translations)
• 200 GBP; Registration for electric and water meter (paid after the receipt of the Title Deed)
• Valuation of property by government expertise 110 GBP

2. All possible figures about paid every year to run the property

• 720 GBP per year; Maintenance fee 60 GBP x 12 months (garden maintenance, pool maintenance, 24 hours security, communal lightning, communal cleaning and watering, all complex facilities)
• 250 GBP per year; House and content insurance
• 250 GBP per year Property tax i.e. council tax (beginning in the following year after the purchase date)
• Utility bills & expenses depending on the following cases:

A- Below figures are valid if the property is rented intensively all summer:

• 150 GBP per year; Rental management annual fee
• 250 GBP per year; Electricity bills, 40 GBP to 60 GBP per months during 6 months
• 500 GBP per year; Water bills, including garbage tax added to bills
• 90 GBP per year; Gas bottles for cooker

B- Below figures are valid in case the property is not rented; but used as holiday home by owners, relatives, friends, and etc. for around 10-15 weeks a year:

• 120 GBP per year; Electricity bills
• 20 GBP per year; Water bills, including garbage tax added to bills
• 20 GBP per year; Gas bottles for cooker

C- Below figures are valid if the owner lives in the property more or less permanently all year:

• 500 GBP per year; Electricity bills
• 500 GBP per year; Water bills, including garbage tax added to bills
• 90 GBP per year; Gas bottles for cooker

Expenses if you consider selling your property in the future

If you resale within 5 years after the purchase:

10 to 20% of the profit is paid as capital gain tax if your profit is less than
30% of the profit is paid as tax if your profit is more than 30,000GBP
The figures are calculated based on the amount declared on Title Deed.

If you resale after 5 years or more after the purchase:

No any capital gain tax paid

Why buy this Real Estate

  • A fantastic investment opportunity
  • All Bedrooms En Suite
  • Large private pool
  • Modern and stylish design
  • Stunning Surroundings

Facilities and Features

  • Ceramic tile flooring
  • Modern and contemporary design
  • Peaceful location
  • Solar panel hot water heating system
  • White goods included

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