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News
Investing for the long term - Villa Park
• People often say to us, “is now a good time to invest?” and the truth is nobody knows.
Eurozone recession deepens as house prices drop
• Data compiled by the Financial Times on house prices in the 16 countries of the Eurozone shows a 4.8% drop in prices in the final 3 months of 2008, compared to the same quarter of the previous year.
Wealthy French property owners warned of tax inconsistencies
• Despite President Sarkozy’s significant increases in the 'abattement', or level at which a beneficiary has to pay inheritance tax in France, wealthy property owners should still be wary of inconsistencies between the French and British laws that govern inheritance tax.
Pegasus fly direct to Bodrum
• Turkey's low cost carrier, Pegasus Airlines launched a new direct route from London Stanstead airport to Bodrum, once a week, on the 4th May 2009.  This is great news for Didim property owners as one way flights cost from as little as £65.99, including taxes and charges.  The flights depart from Stanstead every Monday at 13.05 arriving at Bodrum at 19.00.  The return flight from Turkey leaves Bodrum at 10.05 and arrives at Stanstead at 12.10. Recognising the importance of the UK market, Pegasus have also increased the frequency of flights from Stanstead to Istanbul from 5 times a week to once a day.
Spain forced to repay discriminating CGT to Brits
• Spain faces the possibility of having to repay Capital Gains Tax to thousands of non domicile European homeowners following a British couple’s legal win against the Spanish government.
A fraction of the price
• Within the European leisure property market, fractional ownership is set to overtake the sale of freeholds by 2014.
Easyjet flies to Bodrum
• Easyjet's new Gatwick to Bodrum service commences on 23rd April 2009.
Spain tops Google searches
• Research carried out by business portal Globaledge has confirmed that English speakers place Spain way above every other country when looking for international real estate.
Turkey - proving to be a great investment
• Thomas Cook predict that this year will see a surge in bookings for Turkish holidays.
Turkish government encourage foreign investment in property
• The government backed Turkish Housing Development, TOKI, has announced its intention to develop holiday resorts for foreign investors and has applied to the Finance Ministry for permission to use 416 plots.
 
 
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French Property of the Week   Turkish Property of the Week

£15,000
2 Bedrooms
This plot is one of 25, situated in a development in a small, quiet village, set in a picturesque area surrounded by beautiful countryside.  The foundations have already been laid and the site has existing connections to water, electricity and foul water drainage.  The 980m2 plot, comes with approved plans for a 2 bedroom bungalow (similar to the one shown above) with an internal area of 136m2.  The bungalow will comprise of an entrance porch, open plan kitchen/reception/dining room of 55m2, Bathroom of 9m2, 2 x Bedrooms of 13.5 & 14.4m2, Attached garage of 30m2, Garden and Parking.  The current owner estimates the build cost to be in the region of £60-65,000.
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£45,000
1 Bedroom
This one bed, first floor flat is set on the outskirts of the lively resort of Hisaronu in the Mugla Province.  Its fantastic location at the foot of Mount Babadag means it is surrounded by pine forests yet gives easy access to the historic seaside town of Fethiye and the beach resort of Olu Deniz.  The property consists of one bedroom, a bathroom with shower unit, a 30m2 lounge/diner with an integrated fully fitted and equipped kitchen.  All the furniture is included in the sale price.  This covers the TV, DVD player, white goods and washing machine, double sofa bed and large dining table in the reception room and all the bedroom furniture.  Outside there is a 10m2 balcony with a table, 4 chairs and 4 sunloungers.  The vendor is even prepared to throw in the linen, if required!  The communal swimming pool and large gardens are well maintained by the maintenance company who have recently painted the property's exterior.  Maintenance charges currently stand at a very reasonable £450pa. The company also provides full rental services including airport transfers and linen cleaning, if required.  Due to the wonderful weather, the area benefits from a particularly long holiday season of around 45 weeks per year.
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If you would like to find out more about Edison Ford Investment Property's highly competitive sale packages, please don't hesitate to contact us and we can discuss which package will best meet your needs.


 
Leaseback property from £68,750                                                 European mortgages from 4%                                                  Great French mortgage deals                                                Interest-only Spanish remortgage deals                                                Fixed-rate Turkish mortgages                                                Comprehensive overseas property insurance