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Property for Sale: Entire apartment block in Kas, Turkey
Reference: PT3186 - Date Added: Thursday 29th January 2009
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Property for Sale: Entire apartment block in Kas, Turkey
- Pool: None
- Bedrooms: 10
- Bathrooms: 4
- Built Area: N/A
- Plot Size: N/A
- Garage: No
- Price: (GBP) 159,000
- Entire apartment block - Cerciler, Kas
- 4 apartments (sold as 1 lot)
- Four properties for the price of one and all with sea views.
- Butterfly Place
- The property is structurally sound and water tight.
- It needs updating, but at this price one would expect to spend a few bob.
- Each of the floors have excellent sea views.
- The property is less than 5 minutes from the centre of Kas with all its amenities.
- This property is an investors dream.
- * Three 3 bedroom apartments
- * One 1 bedroom penthouse
- * All have sea views
- * All have fitted kitchens and bathrooms
- * All 3 bedroom apartments have 2 balconies
- * Penthouse has extensive terrace
- * Separate water and electric meters for each dwelling
- Renovation work - we estimate that an expenditure between £20,000 - £30,000 will modernise the property to a good standard.
- A private pool can be built from £12,000.
- The property is in a generally good condition.
- Kitchens and bathrooms require updating
- Locally (in Cerciler) 3 Bedroom apartments have a market value of between £60k and £90k.
- Rental prospects are good as Kas is an upmarket resort town that attracts cultural and adventure tourists. in the 2008 high season almost 100% of holiday rental stock was occupied.
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