Bafa Lake - Investment Opportunity

About Bafa

Lake Bafa is a lake situated in southwest Turkey, part of it within the boundaries of Milas district of Muğla Province and the northern part within Aydın Province's Söke district. The lake used to be a gulf of the Aegean Sea until the Classical period, when the sea passage was gradually closed by the alluvial mass brought by Büyük Menderes River. The gulf, and later the lake, was named Latmus in antiquity.

The southern shore of the lake is traced by the highway connecting İzmir-Kuşadası-Söke to towns such as Milas and Bodrum that are situated in the south. The northern shore of the lake, where steep slopes are covered by wild or semi-domesticated olive trees, is virtually untouched to this day.The archaeologist Anneliese Peschlow discovered more than 100 prehistoric rock paintings in the countless rock caves of the region. Among the sanctified sites in the Latmos Mountains one grotto was found with paintings differing completely from all other motives previously found.

Near the Bafa Lake are the most well-known ancient sites of Turkey: e.g.

Ephesus , Milet , Priene , Dydima - this makes the area ideal for study and culture trips.

People who have bought plots of land at Bafa Lake have seen their initial investments nearly double in three months. Plots from £8,000

The National Park

Bafa lake is listed as a bird sanctuary. In the winter, hundreds of thousands of ducks and aquatic birds migrate there. Of the 208 species that live there, 68 also breed there.. The area has now been declared a nature park of some 12,281 hectares. It will become a haven for nature lovers with picnic areas, camp sites, bird-watching posts and trails but uppermost on the agenda is replacing the fish stocks.

Bafa Lake Residence

Brand new 3 bedroom villas with private swimming pool from £66,600

300 square meters building plot with planning permission to build on it £7,200

Bafa Lake Residence will consist of 215 acres. All plots have planning permission agreed by the local Town Hall of Didim. The permission granted allows the purchaser to build a villa of up 2.5 storeys or 2 floors and a part covered roof terrace. Building is allowed on up to 20% of the land area (60m2).

If you are looking for an investment or if you wish to build a villa, Bafa Lake Residence has enormous potential.People who bought plots of land at Bafa Lake have seen their initial investments nearly double in three months.

The country`s famous Bafa Lake is truly a promising area for future investors.

Bafa Lake Residence will include many facilities;

Olympic sized swimming poolsTennis courtsBasketballFootball and volleyball areasGolf course and clubhouse covering 35.000 sq. metres5 star hotelHospital with helicopter landing areaRestaurantCafé barShopping centreBoutiquesTurkish Bath and saunaInternet caféChildren’s play area and nursery24 hour security

Location

20 minutes from the centre of Altinkum5 minutes to Akbuk (Nearest Beach)45 minutes from Bodrum Airport40 minutes from Kusadasi120 km away from Izmir International Airport

Buying Costs :

Stamp Duty fee & buying tax: approx 3% (can be paid when title deeds received)Title Deeds fee: Approx £250 (can be paid when title deeds receieved)Army search fee: £250Solicitor fee £250Please ask for current Building costThere is fee for maintenance of complex which is approx £45 per annum or 10 lira per month

Our Counstruction Team will help you in all stages of your build

Should you want a self design, then please ask for details