“In our opinion prices in beach areas are expected to increase initially by 50 per cent, followed by in the region of 100 per cent in the next two to three years”

…………….A Place in the Sun, October 2004

To help assess the investment, a Capital Growth and Profit Forecast is shown below. To be conservative, the forecast is based on the purchase price (not the current market valuation) and, therefore, does not include the instant equity gain; however, this should be added to the numbers shown below to provide you with a realistic view of the investment.

Projected Value of Turkish properties

All prices are shown in sterling currency and based on the purchase price of £60,000 and first year payments of £18,000 i.e. 30%.

The projected Growth figures above show the value of the investment over time in sterling pounds.

The figures shown above exclude any of the transaction costs such as legal fees, sales fees or tax, as these will depend on the strategy deployed and how the property is held. Further details are covered later in this document. They also exclude rental revenue and the instant equity.

Rentals Ladies Beach

The wonderful climate, the proximity to Ladies Beach and the major new golf course development recently under construction, beach location and amenities makes Ladies Beach an all year round resort, therefore maximising the rental opportunity. Rental values in this exciting area are expected to be very similar to villas in the Ladies Beach region.

“ Ladies Beach generally leads the way because it has the lion’s share of the tourist market and as a resort is open 12 months of the year so letting potential can be maximised”………………………….A Place in the Sun, October 2004