Akbulut Apartments

Buy to sell off plan Example: (Pure investment)

Similar development as above but over an 18-month build.
April 05: Buy 4 apartments at £40,000 each (with a deposit of £5000 each nothing else payable
until completion in 18 months)
6 months later: Sell one apartment on for £50,000 (gives £10,000 profit being 200% return on deposit)
12 months later: Sell two apartments on for £55,000 each (gives £30,000 profit being 300% return on deposit)
Result £40,000 profit, meaning one apartment paid for! Which you can sell on, use as a holiday or rental
investment!
The above development is due for completion and ready to rent in June 2006
Capital growth estimated at 40% Per Annum!!!
Rental Example: On a property purchased at £40,000:
12 weeks @ £250 pw = £3,000
8 weeks @ £350pw = £2,800
Total Rental for = £5,800
Return = 14%
We have estimated the above rental on the “WORST CASE SCENARIO” on a minimum level of occupancy, the
average occupancy is 30 weeks, and the remaining weeks you can continue to rent or use yourself!