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Old 7th February 2009, 08:34   #1 (permalink)
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paradise bay resort Akbuk

does anyone know anything about a new 5 star apart-hotel planned for Akbuk bay called paradise bay resort. it is going to be a front line beach complex due for completion in may 2011. i can't find any information about this project other than from the UK agent who you are able to purchase, off plan, studio, one or two bedroom apartments. i would be very grateful if anyone has already bought one of the apartments could give me a bit of information on the project.
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Old 7th February 2009, 08:56   #2 (permalink)
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Re: paradise bay resort Akbuk

Have you read the comments under the heading UFUK Hillside also at Akbuk. I would certainly not be thinking about putting any money into any off plan properties at this time.

Sue
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Old 8th February 2009, 20:37   #3 (permalink)
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Re: paradise bay resort Akbuk

IL;/,. i think the paradise resort looks fantastic and will be investing in myself
i think i know the location.
they must be either pulling down the holiday resort hotel or building near the hotel.
it is just what that area needs bring it on.
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Old 8th February 2009, 21:16   #4 (permalink)
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Re: paradise bay resort Akbuk

there's builders going bust all round didim and akbuk don't buy off plan
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Old 8th February 2009, 21:43   #5 (permalink)
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Re: paradise bay resort Akbuk

thanks for the comments. have to admit when i saw where this new complex is going to be built it does seem strange.there is already buildings on the same site and just behind is a housing complex.i'm pretty sure the people already living there might have something to say about a great big hotel blocking their view to the bay.
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Old 8th February 2009, 21:56   #6 (permalink)
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Re: paradise bay resort Akbuk

The right move abroad are also front lining another 5 * resort in Tunisia , similar spec , lots of studio apartments with some 1/2/3 apartments, with the usual facilities. Personally, regardless of the present climate regarding buying off plan, you have to say to yourself would you want a studio apartment in a (5* resort). the price may be good but if you were buying for investment or rental income, I personally would;t consider staying in a studio at a 5* price.
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Old 25th February 2009, 13:48   #7 (permalink)
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Smile Re: paradise bay resort Akbuk

Hi
We went to Akbuk during early February to meet with the developer & architect of Paradise Bay - Royal Resorts Turkey. Yes the development is being built where an existing building is (looks like a butlins type place!). Ive instructed a solicitor in the area who is happy everything is progressing as it is supposed to - does seem too good to be true I know but Ive decided to take the plunge. The developers have guaranteed to give me 120% return before completion if I wish to sell or 150% after 5 years - not bad if you ask me.

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Old 25th February 2009, 14:24   #8 (permalink)
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Re: paradise bay resort Akbuk

Best of look i hope you get what you hav been promised but from what i have experienced i doubt it ,be very very careful and as the saying goes if it sounds to good to be true then it probabley is.
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Old 25th February 2009, 15:02   #9 (permalink)
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Re: paradise bay resort Akbuk

Hi all,

I came across this forum accidentally and read all of your comments. I am one of the share holders in Royal Resorts Turkey who will be developing Paradise Bay Resort.

Firstly, Names are usually a reflection of a persons personality but I really do think after reading Sunny Side Ups comments that you should change your name

Secondly, Angle is correct, there is a what looks like a Butlins site on the land at the moment that was built 30 years ago. As this is a Bio Architecurally designed apart-hotel, when we begin to demolish the buildings that are already there we will recycle as much of the materials we can, whether it be phyically used or as foundation is another matter.

Thirdly, the comments about a Studio apartment of 35m2 plus terrace prices at 26995 Euros which includes a furniture pack, underfloor heating and a jacuzzi bath. This is less than 900 Euros per m2 which is 25-30% below market value even on an average product in the area. So I would be very happy to meet the maths teacher of the person who made those comments.

I also read comments about the villas at the back not being impressed by a 5 star hotel being built in front of them. Well I am sure Angie will back me up on this if she has seen the plot, they are currently looking into 30 year old buildings and a jungle. I think they will definately rather be looking at the hotel with vertical gardens.

I think for those of you that are negative about the project really should get on a plane and come and see for yourselves, but be careful as everyone who has seen it so far has bought! So leave your credit cards at home just in case.

We have sold over 150 of the 560 units in about 6 weeks, these have been sold to Big and Small, New and Experienced investors... so the question you should be asking yourself is can they really all be wrong???

Best wishes to you all.

RRT
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Old 25th February 2009, 15:47   #10 (permalink)
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Re: paradise bay resort Akbuk

Just looked at their website and must say it looks impressive. It is a big project, however in these uncertain times with so many developers going bust, its a bit risky. Good luck to all who have invested.
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