The recent approval of the luxury Manzara development with SIPP compatibility provides extensive benefits to investors. Located in Turkey’s most sought after coastal resort town of Kusadasi, the Manzara development has been gaining a wealth of attraction since its recent release into the general market.

Self Invested Personal Pensions (SIPPs) are regulated by the Financial Services Authority (FSA), enabling individuals to control how and where their pension funds are invested. Only real estate developments that have undergone approval from the FSA can be used for SIPP investments.

Providing an ideal location for strong mid to long term growth potential, along with an absence of capital gains taxes after 5 years ownership, Turkey presents and ideal real estate investment market. Turkey’s steadily growing economy, emerging market real estate demands and strong tourism growth, all assist in enabling an ideal market for SIPP investments.

For investors, the most important feature of the Manzara development is the financial breakdown. Designed to assist the buyer in the current real estate market, the developer has created a winning combination of investment features.

Owners can take advantage of a 5 year rental through a prominent European tour company, offering a guaranteed 6% annual return. Buyers wishing to arrange their own rental management are free to do so, as the guaranteed offers are purely optional. The 5 year rental guarantee can also be extended at the end of the term for an additional 5 years, enabling 10 years of guaranteed returns. The rental scheme provides 4 weeks personal usage each year, ideal for summer and winter breaks in a desirable holiday destination.

Investors wishing to take advantage of a fully managed apartment with guaranteed returns are also offered the option to sell their units back to the developer after 5 years for 150% of the purchase price. This guaranteed buy-back deal is written into the contracts of buyers who wish to take advantage of the offer, yet once again it is entirely optional.

Buyers requiring financing are further assisted with a developer mortgage entirely covered by the guaranteed rental returns. These 6% APR non-status mortgages have been specifically designed for clients of the Manzara development.

Buyers wishing to rent, manage, finance and sell their unit at their own accord are entirely free to do so, including live permanently in their property if they so wish. The investment features have been designed purely to benefit the buyers in the current market, yet are not compulsory. Mixing and matching requirements to suit the individual investor can also be arranged at the discretion of the developer.

Developer security is also important to many buyers of off-plan and under construction projects in the current market. The developer of the Manzara project has been active for 20 years with projects completed in Turkey, the UK and Bulgaria. Combined with a Dutch construction company, buyers receive the added security of purchasing from an established developer with a strong track record, along with securities in place to benefit clients in the event of unforeseen circumstances.

All units in the Manzara development are delivered fully furnished to 5-star qualities, with 24 hour room service. The 190 units are distributed between 7 apartment blocks, each with 5 floors, all benefitting from 24 hour security. Unit types available include studios, 1, 2 and 4 bedroom apartments, all surrounded by delightful Zen-style landscaped gardens.

Extensive services and amenities are featured throughout the development including two swimming pools, a spa centre, fitness centre, Turkish bath, Hammam, steam room and sauna. Other features include a poolside bar, restaurant, hairdresser and beauty salon. The full selection of services available to residents and guests is truly extensive, providing an ideal environment for luxury living.

Positioned in an idyllic setting with incredible panoramic views from every apartment, the location of the Manazara development is exceptional. Along with views of the marina, famous beaches, local castle and the near-by Greek island of Samos, the development is only minutes away from all local amenities. Easily accessible from both the Izmir and Bodrum international airports, the town is conveniently connected by an excellent road network.

Demand has been strong for properties in Kusadasi, as the popular resort town has become a sought after holiday destination. Cruise ships visit the town throughout the summer, increasing the population ten-fold, adding to the attraction for buy-to-let investments.

The benefits of controlling personal pension investments is gaining appeal amongst growing numbers of experienced real estate investors. Understanding market growth potential and investment options places an increased feeling of security for future welfare and ease of mind. The approval of SIPP compatibility for the Manzara development benefits all buyers into the project and continued confidence in the market.

As Turkey continues to progress as one of the most sought after emerging markets for property investing, several questions repeatedly arise from potential buyers considering the location. Below is a compilation of ten of the most frequently asked questions about Turkey as a property investment location.

1. What makes Turkey an interesting investment market?

Currently Turkish real estate is one of the strongest emerging international market growth sectors, showing excellent potential for continued demand and expansion. Capital growth for mid to long term investments, along with good rental yield potential are attracting investors to the country’s property sector.

Coupled with the country’s domestic market, demand for property currently exceeds supply, resulting in fast increasing real estate prices. Growth within the tourism sector and interest to re-locate are also areas creating further demand and a strong growth market. (more…)

The most successful real estate investors never rush blindly into a purchase, instead full research is carried out to assess the realistic investment potential. Being well informed in both high and low risk investment locations will assist with devising aversion plans to avoid any potential issues that may arise.

Dedicated investment companies will carry out extensive research prior to offering properties to their clients. Comprehensive research will not only provide an insight to the property itself, but also the economic and political stability of its location.

Understanding the property and its location in detail provides further assurance that the property presents an optimum investment opportunity. Knowing what to search for when selecting an investment property will enable clients the ability to confirm facts and figures for peace of mind.

Return on Investment

The realistic return on investment is one of the main initial factors to consider. The return on investment is essentially the amount of money the property will make through capital appreciation and yield returns prior to selling. (more…)

Following the initial influx of foreign real estate investors into the Mexican property market, the country has remained a steadily popular environment for both investment and re-location. The stable growth of Mexico’s political and economic environment has provided increased security as an emerging market investment location.

Buy-to-let investors are continuously on the increase, especially in coastal resort locations such as Cancun, largely in part due to the steady stream of holiday makers flocking to the tropical destination throughout the year from all around the world.

An extensive list of reasons can be created as to why ever increasing numbers of buyers are continuously looking towards Mexico to increase real estate portfolios, yet the main five reasons have been listed below.

1. Stable Economic and Political Environment

In recent years the Mexican government has strived to reform the political environment, creating a strengthened economy and encouraging direct foreign investment. Foreign investment into the Mexican economy is predominantly from the US and Spain, with construction being one of the smallest sectors. The avoidance of being heavily reliant upon the construction sector provides increased stability and ample room for growth in the real estate sector. (more…)

Following the addition of Brazil onto the international real estate investment scene, no end of interest in the region has been generated. Brazil tends to check all the boxes as a suitable property investment and holiday home destination. It even appears that the travelling distances are overlooked by many buyers, as the tropical paradise location is worth the effort to reach.

For investors the low priced property, consistently strong capital gains and high rental demand are all rolled into an idyllic setting. Brazil has tempted many prospective buyers over recent years and long term growth and interest in the market shows no sign of slowing. The additional benefits of the 2016 Olympic Games and the 2014 FIFA World Cup only add to the growth and demand for investing in the country’s real estate market.

The Brazilian government is encouraging foreign investors, especially into the stunning North Eastern coastal regions such as Natal. As Brazil has a strong economy with the potential to become a world superpower, the country is not reliant upon foreign real estate investors for economic stability. The active encouraging of foreign investment brings an additional touch to the friendly nation. (more…)

Investor interest in the Turkish real estate market has been steadily on the increase, despite the downturn affecting various other world property markets. Not only is the investment market progressively growing, lifestyle purchases are gaining appeal from many European buyers.

Buying a property for either investment or lifestyle follows a very straight forward process, where additional incentives have been imposed by the Turkish government to further attract buyers. These incentives include the temporary lowering of title deed fees, along with the absence of capital gains taxes on properties re-sold after a specific time period.

Interest in Turkey’s sought after emerging real estate market has developed significantly with various benefits including pre-EU property prices, strong capital growth, economic stability and ideal buy-to-let market opportunities.

The payment of a holding deposit will be required once the property to be purchased has been selected. The holding deposit may vary between developers or agents, yet usually amounts to approximately €3,000 or £2,000. The holding deposit will remove the property from sales listings while the legal paperwork and due diligence is carried out. (more…)

2010 will begin an interesting phase for Bulgarian real estate, with property prices at the lowest they have been for some years, mortgage loans becoming increasingly accessible at lower rates and the possibility of the new Notary Act coming into effect. The Bulgarian real estate market is expected to begin its revival with the new Notary Act, enabling transparency of all real estate transactions to be processed through the State Depository Bank.

With the passing of an amendment to the Notary Act, all new transactions such as real estate and vehicle purchases will be required to pass through the State Depository Bank. Designed to end the common existence of excessive cash purchases, the declaration of all acquisitions will be a major change to the current purchasing methods from many investors.

The new Notary Act is expected to come into force from the 1^st January 2010 in an effort to reduce real estate fraud, corruption and money laundering. The changes will also ensure that all necessary fees and taxes relating to the sale and purchase are paid.

The introduction of a State Depository Bank will be set up to process all real estate payments, yet with restrictions as it will not be designed to function as a regular commercial bank. The bank will not be permitted to charge interest on payments; however a fee is expected to be charged on all transactions. (more…)

For the past 15 years, Cancun has thrived as one of the most desired overseas real estate investment and relocation hotspots for North American second home buyers. In recent years, the dream of owning property along the Yucatan Peninsula has also become increasingly attracting European investors.

Many buyers making their initial enquiries into the tropical paradise become confused when trying to understand the Mexican real estate trust agreements, otherwise known as a Fideicomiso. The processes involved in acquiring Mexican real estate are relatively straight forward, yet a little bit of initial knowledge can go a long way in comprehending the regulations relating to the purchasing processes.

As Cancun and the majority of the most sought after investment and relocation areas of Mexico are located along the coastal regions, they also fall into restricted zones. While previous to 1994 foreigners were not able to purchase real estate in Mexico, the changes in the law to attract foreign investment were accompanied by the zoning restrictions. Areas of Mexico falling into these restricted zones include any land within 50km of the coastline, or 100km of the country’s borders. (more…)

Established markets for real estate investments are currently undergoing scrutiny for their continuation as ideal long term options. Traditionally considered to be the safest selection for long term growth potential, market downturns of recent times have caused a turn-around in many buyer’s opinions.

The situation has created opportunities for several emerging markets to prove their staying power as genuine contenders for long term strength. The strong gains and market stability traditionally reserved for established markets has, over recent times, shown a true test of each market’s genuine worth.

Profits eventuating from previously strong markets have dropped, often to the point of severe losses, causing investors to look at newer markets. Turkey has shown itself to be a strong contender against more traditional investment markets, such as Spain. (more…)

Egypt continues to thrive as a preferred emerging real estate investment market, having continuously attracted growing numbers of buyers since the introduction of the mortgage market in 2001. Europeans are amongst the largest group of property investors to Egypt’s Red Sea Riviera, assisted by budget priced, direct mid-haul flights from many major European cities.

Italians, Russians and Germans are amongst the largest groups of holiday makers to the Red Sea Riviera, where some of the best diving opportunities can be found. The Red Sea coast has been developing extensively over the past decade to create an attractive resort destination, benefitting real estate investors to this ideal emerging property market.

The investment attraction of Egypt’s real estate market has grown extensively, assisted by the booming tourism market. Bargain priced properties constructed to European standards have been attracting buyers, often with guaranteed rental yields in new developments, catering to the steadily growing tourism market. (more…)