Description: The project is located in Tercefanou Village, only ten minutes drive to Larnaca town, a five minute drive o the airport and just a few minutes to the beach. It is in a quiet location, situated on the outskirts of a pretty local village with amenities near by. There are spectaculars views of the sea and mountains. An ideal location for golf lovers as it is within walking distance to upcoming golf resort. The complex consists of five two storey blocks, all with big spacious flats and communal swimming pool. Superb letting potential with high Rental Returns Walking distance to upcoming golf course and 10 mins drive from Larnaca Airport.
The project is under study and it will be completed in approximately 3 years from now.
Terms of Payment:
7% reservation fee before 12/2005
23% with the beginning of construction (approximately 09/2006)
65% 2 months before completion
5 % on delivery* (approximately 09/2008)
We are looking for a few select investors (minimum purchase - 5 apartments) to partner with us and the developer at this very early stage for a mutually beneficial relationship.
Most apartments are sold already and you can find availability below. Investors (minimum purchase - 5 apartments) who buy with us, are entitled to a 20% discount on the prices below:
Ground Floor - Five 2 bedroom apartments (with garden) for £90,000 (£72,000 with discount) each
1st Floor - Six 2 bedroom apartments for £85,000 (£68,000 with discount) each
2nd Floor - Four 2 bedroom penthouses (with huge 55 sq.m verandas) for £110,000 (£88,000 with discount) each
The project is under study and it will be completed in approximately 3 years from now.
Terms of Payment:
7% reservation fee before 12/2005
23% with the beginning of construction (approximately 09/2006)
65% 2 months before completion
5 % on delivery* (approximately 09/2008)
We are looking for a few select investors (minimum purchase - 5 apartments) to partner with us and the developer at this very early stage for a mutually beneficial relationship.
Most apartments are sold already and you can find availability below. Investors (minimum purchase - 5 apartments) who buy with us, are entitled to a 20% discount on the prices below:
Ground Floor - Five 2 bedroom apartments (with garden) for £90,000 (£72,000 with discount) each
1st Floor - Six 2 bedroom apartments for £85,000 (£68,000 with discount) each
2nd Floor - Four 2 bedroom penthouses (with huge 55 sq.m verandas) for £110,000 (£88,000 with discount) each
Buy to Sell Investment Plan for an individual apartment : You purchase a luxurious 2 bedroom golf property for £68,000*. You put 7% down or £4,760 and the remaining £63,240 is due in stages during the 3 year period the project will be completed. A year later, the property you contracted to buy for £68,000 should be selling for £75,000 - plus any inflation. If property prices inflated by say 10% during the year, it would be selling for £82,500. You could then sell on your interest in the property to another investor or the end user. We will arrange this for you and will you receive back £14,500 profit (300% return on investment!), plus the original £4,760 deposit.
For more information on Cyprus Golf Properties please visit http://www.cyprus-online.com/tersefanou/index.html
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