based on your posts which only have the positive side of what IMO is an ill advised investment on Franks part, I maintain my opinion that you promote the positives of this particular investment, without seeing the clear negatives.

I do not believe I am not talking about what I do not know - I am giving an opinion based upon the information you gave - this is not an assumption, it is an observation coupled with my opinion, which has been formed by reading your post.

you were the only one making assumptions when you 'assumed' that I must not live in Didim. Would still be interested in answers to the questions I posed to you in that regard.

If Frank is still around, I would still in interested to know how he came to buy on this complex - was it without a trip to Bozbuk? and did he seek out any advice on the area prior to making his purchase?

Frank if you are still around, perhaps you could let us know. I know it is discouraging to hear some negatives about your purchase, but if you give us some info, we may also be able to give you some advice on future action, such as some inventive marketing strategies to entice the niche market you need to aim at? You may get some help on turning what could be a potential negative into a postive.

Emerald what a great statement,

SS..Do you really have to use 'bad words'.?it's not nice, and it dont look good, there could be future clients looking in,

__________________
www.turkishhomes4sale.com

www.turkeyherald.com

Hello Guys
Thank you very much for making the effort to reply to my post,
I have got a apartment in Calis, which I am very happy with, but at one time it did not look like I was going to get the correct Tapu, as it is built on TTA land. It was during this time that I went on a trip to Didim area, and have now paid 40% of the purchase price for a 3 bed linked villa.
I did not originally intend to get 2 properties in Turkey, but as had put money down on both I decided to go for it, as I believed the hype from the agent.
Now with money getting harder, and more expensive to loan, I wish I only had the one, as I would then be in my comfort zone, but now with the downturn in the market worldwide, including Turkey. I am worried that I may end up paying for a Mortgage for a property and getting very little out of it.
I am considering pulling out and would then most likely lose the money I have paid, which would hurt a lot.
Do you guys think that things will improve in Didim/ Bozuk area in the next couple of years ??
I believe the builders have used Lotus Holidays to let their developments, does anyone have any experience of this company ?
With the property in Calis, I let this out thro Holidays lettings, I have only 2 customers for this year, but I am happy with that as also use it myself for 5 weeks, but as I have to work for a living like most people, I would not be able to make enough use of 2 places.
Love turkey and its people, think in time it will be and should be very popular.

Regards Frank

Stayed in Calis Beach last year. Nothing special about the beach, no charm, lots of unfinished new builds, even more across the bay around Fethiye, Heronnisos etc.. I think you were lucky to get two customers. Local agent admitted he'd only sold one property in 6 months. Eventually the market will become more positive, but all that means is the locals will start more speculative building and you'll be back where you started. Take the pain & pull out of this other purchase. If you really owant a propery in that area, wait a while and buy a distressed resale (from someone just like yourself who believed the agents' hype).

Hi frank
i have also purchased in appollonium and thinking of pulling out
i have been reading your enteries into your blog with interest

i do agree that the appollonium site is off the beaten track, personally i dont think the rental will be that great
i didnt secure the euro and now has fallen on its backside i am in difficulty

also have you ever been on a website called eye on worldwide
you can register which is free and then go onto appollonium in turkey and read about some other owners
what is more important is too click on the lakeside link which is also being built by artev, the comments on there are in the whole disappointing
as you clearly mention lotus is the company that will own the rentals for lakeside but they are charging 50% of the rental income
other concerns are about the parador
did you purchase through this agent in the uk?
well the uk arm has gone into administration but the turkish based parador are ok! apparently
i have a friend who purchased in lakeside and is now pulling out
she is having major hassles with artev claiming her money back and they keep changing the contract

things are not looking good and i intend to pul our shortly at a loss of 5k
kinggoey

Hi Kinggoey


Yes I was Parador I bought from, I have put down a lot more than £5k so have decided not to pull out.
Do you know what rent there are asking for Hillside ?
I will check out the web site you recommended soon.
I hope Parador are still OK in Turkey as part of my deal is a furniture pack from them.

Wish you luck.

hi frank
i have just been on the website i recommended in my previous email and the news is now worse
parador turkey has also gone bust on 31/7 and i guess along with them goes our free furniture package
i am not sure of the rental charges but if you look at the other website, you may find out these details
i am gonna pull out and hopefully artev wont go pop as well
kinggoey