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Go Back   Turkish Living Forums > All About Turkey > Kalkan Forum

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Old 10th March 2012, 21:47   #1 (permalink)
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Buy a villa, get10% (plus) Per Annum.

want decent return on your money? get 10% p.a. plus a superb villa in a beautiful holiday destination for yourselves, 5 bedroom villa with private pool and amazing sea views for less than the price of a terraced house in the south of England. Villa Katmar, luxury private holiday villa in Kalkan, Turkey
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Old 10th March 2012, 21:55   #2 (permalink)
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Re: Buy a villa, get10% (plus) Per Annum.

Doesn't sound good to me at all. I have a five bedroomed villa - and get 12% return at the all-so-friendly local banks.
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Old 10th March 2012, 22:07   #3 (permalink)
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Re: Buy a villa, get10% (plus) Per Annum.

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Originally Posted by John O' Dreams View Post
Doesn't sound good to me at all. I have a five bedroomed villa - and get 12% return at the all-so-friendly local banks.
Me too in my accounts in Turkey, but we also get 10% (plus) on the initial investment off rental income, not too many people in the UK getting that sort of return are there? and your post could help to convince them, thank you.
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Old 10th March 2012, 22:19   #4 (permalink)
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Re: Buy a villa, get10% (plus) Per Annum.

You are right, people banking in the UK don't get anywhere near 10% (plus).

But those of us who bank in Turkey get more in interest.

Why get involved in rentals?
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Old 10th March 2012, 22:28   #5 (permalink)
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Re: Buy a villa, get10% (plus) Per Annum.

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want decent return on your money? get 10% p.a. plus a superb villa in a beautiful holiday destination for yourselves, 5 bedroom villa with private pool and amazing sea views for less than the price of a terraced house in the south of England. Villa Katmar, luxury private holiday villa in Kalkan, Turkey
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Old 10th March 2012, 22:46   #6 (permalink)
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Re: Buy a villa, get10% (plus) Per Annum.

Quote:
Originally Posted by John O' Dreams View Post
You are right, people banking in the UK don't get anywhere near 10% (plus).

But those of us who bank in Turkey get more in interest.

Why get involved in rentals?
If you don't actually live in Turkey, why not? Is there any point in having an asset and not capitalizing on it until such time as you can become resident, we bought this villa as a holiday place for us but with the intention to rent it. Now we want to retire to Turkey but have somewhere smaller and more practical for just the two of us, hence the "for sale" this is not disillusionment, I know some forum members have had bad experiences but we have had nothing but positives, lucky maybe, I like to think astute.

Last edited by headroom; 10th March 2012 at 23:47..
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Old 11th March 2012, 10:48   #7 (permalink)
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Re: Buy a villa, get10% (plus) Per Annum.

Quote:
Originally Posted by John O' Dreams View Post
You are right, people banking in the UK don't get anywhere near 10% (plus).

But those of us who bank in Turkey get more in interest.

Why get involved in rentals?
and more inflation
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Old 14th March 2012, 12:09   #8 (permalink)
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Re: Buy a villa, get10% (plus) Per Annum.

The Turkish banks pay good interest compared with UK but just be careful about investor compensation. Deposits in UK are covered up to 85k per investor per banking group. In Turkey investor protection is YTL 50k per depositor.
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Old 14th March 2012, 12:18   #9 (permalink)
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Re: Buy a villa, get10% (plus) Per Annum.

What a beautiful place and stunning location
Can't see a price anywhere though and don't know waht a terrace costs in the South of England...Give us a clue with the price!
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