The villas are built to a modern design with luxury fittings and high quality materials throughout, including quality marbles and bathroom / kitchen fittings, under-floor heating. Villas occupy in excess of 600 sqm private plot, have large private swimming pools, 4 double bedrooms, all en-suite and ample terraces to enjoy marvellous nature that surrounds the area as well as views over the Blue Lagoon Oludeniz.
Lay out of the villas
Through the rear-side entrance, there is a small entry hall that opens to a large panoramic living room. The dining area is to the left of the living room joining up to the kitchen to the rear. The living space is open plan, however, kitchen is carefully designed so as to provide a semi-open presentation. On the ground floor, there is a guest WC and plenty of storage facilities. The living room opens toward the poolside terrace of nearly 40 sqm which leads onto the large pool deck area and the large swimming pool, all on one level.
First floor has 2 generous bedrooms with their en-suite bathrooms. Both bedrooms are designed as master bedrooms with private balconies overlooking the pool area and views. Attic floor bedrooms are even larger with private balconies and private bathrooms again. Views from the attic bedrooms are simply stunning.
The plot of each villa is almost rectangular in shape so as to provide ample space around the house and privacy as a result. Swimming pool is large with a Roman end. The garden is beautifully landscaped with plants, flowers and lawn.
The design of the villas allows for spacious and bright living with plenty of glass and balconies. The pool level is intelligently designed so as to ensure seamless flow of internal space to external living space with plenty of covered and open terraces.
To the front of the garden, for plots 2, 3, and 4, they are elevated so that each villa boasts a private car park with access through the garden to the house.
No 1. 100m2 larger plot and corner position. Priced at £289,000
No 2. Priced at £259,000
No 3. SOLD
No 4. Currently priced at £249,000, will be priced £274,000 once fully completed in June 2017.
No 5. SOLD
Flexible payment terms are available, however generally homes are reserved with a £5,000 reservation fee upon contract, followed by a commitment deposit payable when foundation to the home is laid. The remaining balance will be payable in equal monthly payments until the property is completed.
Features of the properties include
- All villas have a 50m2 large private pool with Roman steps
- Villas 2, 3, 4, and 5 have electric gated car ports at the front
- All villas have marble flooring throughout
- All villas have under floor heating systems installed
- All villas have beautifully landscaped gardens
- NOTE: Completed pictures belong to previous projects and are for quality representation purposes.
Rental potential of the villas
These are uniquely designed properties that sit on one of the most stunning pieces of land in Ovacik, Fethiye. The plot is elevated to allow distant sea views but at the same time is close enough to Ovacik Town centre for easy access. The location offers privacy and idyllic settings. The villas are modern, bright and spacious. Therefore, these lovely villas are exceptionally desirable in the rental market and will command premium rental rates for sure.
High season - from June to September at Euro 1,600 per week amounting to Euro 28,800 and at low season (May and October) at Euro 600 per week amounting to Euro 4,800
This gives a gross rental estimate of Euro 33,600 per annum
Rental Management and maintenance expenses Euro 7,000
Annual expenses such as taxes, insurance approximately Euro 1,200
Net annual rental potential Euro 25,400 (approx GBP 20,500). This equates to an annual rental yield of approximately 7.5% after all expenses and over a peak summer season of 18 weeks, which is a conservative estimate. In Ovacik area, it is possible to achieve 20-22 weeks once rentals get established.
Property Turkey recommends
From our experience of the area, we can categorically suggest that these are some of the most attractive villas ever built in Ovacik, Fethiye. They are suitable for year round living due to their proximity to town centre and Fethiye and certainly ideal holiday homes. Rental potential is in the region of 7.5%pa, which is exceptionally high.
We recommend viewing this project as soon as possible as one villa is sold with 4 remaining, these properties will sell very quickly. The land plot the villas are situated on is simply irreplaceable.
Note: Please note that completed property images are of one of our previously designed white house in Ovacik and are representative of the quality that these villas will be once finished.