|
Re: Olive Village (asem)
Hi Gary, yeah I know the two villas, I own AO1 which is next to the main road just below AO6. I can only assume that ASEM want you to buy the villa that the Bank has already valued in case a new valuation on any other villa may result in it being valued lower than a previous valuation on a simular Villa and other owners may not like to hear that their property is now worth less than when they bought which is probably the case. Property has taken a hit pretty much every where so we can assume Turkey is no different. It is hard to assess how the value of these properties will perform but they are an attractive property on a nice complex built by a good builder so I believe they will perform better than most others, but that is a risk we all take. As for holiday rental it is a bit early yet to know , I think it will take a few years to out work, I don't think the rental market in Turkey has been great and I am sure there are articles on that subject in various publications. As for me I am more than happy with the Villa I bought, it is purely for family and friends use I might rent it out at some stage in the future if we were not using it as much as we should, I bought A01 because it was beside the external wall and had a better view onto the road etc and because it was close to the security hut, I dont think A06 or A07 makes much difference to the actual value of the property in the long term and it would be down to personal choice. One thing I would change in hind sight, I would ask ASEM to fill in the pool to a depth suitable for kids as I think it is too deep as it is from a practical and safety point, if it was shallower it would be a lot cheaper to maintain, worth considering and if you think there is any merit in it maybe negotiate it into the purchase. Thats my two pence worth -- hope it is helpful.
best of luck Stan
|