|
|
Home >
Overseas Property News
|
Property investors’ success in the European courts
Country: Turkey
6 October 2008
Property investors in Ireland and Britain, who spent millions of pounds buying off-plan units in a residential development in Bodrum, Turkey, have successfully obtained an injunction in the European courts, freezing the developer’s assets, after the scheme was never built.
Collectively the investors spent around £23m in 2005 for the properties that were scheduled for completion in 2006, but yet still remain uncompleted, reportedly because the developer, Euro Holding AS, who acted in partnership with Unifin Groep BV, ran into financial troubles.
Despite the fact that the homes were never built, the investors have never had their monies reimbursed. However, the court’s injunction means that the housebuilders have now had their assets of around £3.75m frozen.
The investors’ will now pursue claims for compensation.
Browse other Turkish property news stories, read articles about investing and buying property in Turkey or view our range of property in Turkey.
Some properties in Turkey
|
|
|
|
Price: £215,000
|
Type: Villa
|
Bedrooms: 5
|
|
|
Location: The villa is located in Sile, a quaint Black Sea suburb of Istanbul, on the Asian side of the city.
|
|
View details | Enquire further
|
|
|
|
|
|
|
|
|
Overview
This land has got an amazing bafa lake view .its our own land great investment opportunity or best place to build a villa.Located between Bodrum and Didim only 40 mins from airport and 20 mins from all amenities and town centre.
|
|
View details | Enquire further
|
|
|
|
|
|
|
|
|
Overview
This land located between Bodrum and Didim only 25 mins from airport and 30 mins from all amenities and town centre. Superb area to build your dream villa, you can also use our design and construct services.
|
|
View details | Enquire further
|
|
|
|
|
|
|
|
|
Overview
Great investment opportunity by bafa lake. Superb area for building your dream villa. This land 300 sqm, has got building permission which is ready to build. Stunning views of Bafa Lake,mountain and bodrum sea.220
|
|
View details | Enquire further
|
|
|
|
|
|
|
|
|
Overview
This land has got an amazing bafa lake and bodrum sea view.its our own land great investment opportunity or best place to build a villa.
|
|
View details | Enquire further
|
|
|
|
|
|
|
|
|
Overview
If you are thinking buying land to invest you are on right place. Great investment chance in popular resort yesiltepe (greenhill). squaremeters of lands from 300 to 900 and prices starts from 8.600.
|
|
View details | Enquire further
|
|
|
|
|
|
|
Price: £16,500
|
Type: Apartment
|
Bedrooms: 1
|
|
|
Overview
Bargain properties in didim, This properties situated in didim, its only 50m from marina road where you can get minibus to town centre in couple of mins and to the beach front in 10 min.
|
|
View details | Enquire further
|
|
|
|
|
|
|
Price: £17,000
|
Type: Apartment
|
Bedrooms: 1
|
|
|
Overview
Cheap apartments for sale in didim, This apartment has situated in central of didim, just of the main Ataturk Bouleward. Its walking distance to the didim town centre.
|
|
View details | Enquire further
|
|
|
|
|
|
|
Price: £18,000
|
Type: Land
|
|
|
|
Overview
Plot of land in Greenhill (Yesiltepe) very relaxing place. Superb investment chance ready to build for your dream villa. You can also use our design and construct service build your dream home. 300 sqm permissioned land ready to build.
|
|
View details | Enquire further
|
|
|
|
|
|
|
Price: £19,000
|
Type: Apartment
|
Bedrooms: 2
|
|
|
Overview
Green apartment situated by the famous temple of apollon only 100mt from marina road and 30mt from the main road where you can get dolmush to get didim town centre and altinkum.
|
|
View details | Enquire further
|
|
|
|
|
Prices from: €355,000 Bedrooms: 2 Luxury townhouses in the centre of a world class, championship golf course.
More
Prices from: £147,200 Bedrooms: 2 & 3 Off-plan in Fuseta, Olhao. 30 two-bed, two-bath apartments & 20 three-bed, three-bath semi-detached villas.
More
Price: €280,000 Bedrooms: 3 Renovated stone house, hilltop location offering panoramic sea & mountain views. Landscaped garden, private pool.
More
Price: €185,000 Bedrooms: 4, 2 ensuite showers Private sauna, garden, terrace. Metres from Super Borovets ski gondola & golf course. Surrounded by pine forests.
More
Prices from: €232,000 Bedrooms: 2, 3 & 4 Apartments & townhouses on Severiano Ballesteros designed Pont Royal Golf Course between Aix-en-Provence & Avignon.
More
Prices from: £50,220 Bedrooms: 1 & 2 Pratamanak Hill: brilliant sea view. Quality kitchen + imported marble. Freehold. Fixed costs for maintenance etc.
More
|
|
|
