Hi Frank,

"I have bought a villa on this development and will need to rent it out"

sorry to sound blunt, but seeing as you have admitted yourself that you 'need' to rent this property out, haven't you left it a bit late to be enquiring about rental potential?

Have you been to bozbuk? have you seen the area where you have bought, or is it entirely off plan?

Bozbuk is located just past Akbuk, and its main claim to fame is its fish farms! nice! these are supposed to be moved, but nothing has happend in the last two years on this score.

While i am sure the development itself is quite nice, at the end of the day, its a bit off the beaten track. Further than Akbuk, and very quiet. The nearest town for tourists would be Akbuk, but this is also a quiet town. for nightlife etc you have to go to altinkum which is a decent bus ride away, or a costly taxi ride, were you to do it everynight! your developers claim that it is 15 mins from didim town sounds a bit optimistic to me!


Now I know that not everyone wants nightlife and hustle and bustle, but when you are relying on a rental income on a property, you need to appeal to as wide an audience as possible - unfortunately for now, I would class Bozbuk as a niche market where rental is concerned.

your development co may employ a rental company for you - but this too has pitfalls. You cannot rely on this, as often this is a promise made as a sales tactic. I do not have personal experience of this developer, so I dont know how he will handle rental, if at all, but you need to be aware of the pros and cons of allowing the developer to look after this - i.e you will have to pay a commission for renting out the apt, plus costs such as cleaning etc - you may not end up with as much after all this as you would like.

all in all - my advice is that as far as rental potential goes, you have a limited market in the area you have bought it. Whilst not impossile to rent, you will need either a very good agent to get you renters, or you will need to be quite imaginitive regarding how you market the property! maybe as imaginitive as the developer has been when he said 15 mins from Didim town!

(BTW - tourists don't head for Didim town - they go to Altinkum, i.e the beach front area. Didim town is not an area for tourists, particularly at night, cos everything is closed! and there are no bars etc there, so if its the casper slide, or the kiss kiss dance they want to see they will be sadly disappointed! lol