• Exchange individual title deeds
  • Fantastic rental guarantee 
  • 420 apartments, 9 blocks with various options
  • Full complex completion Mid 2021
  • Elevator in each block
  • Various shops onsite
  • 80m Olympic sized communal pool with water slides
  • Gymnasium, sauna and Jacuzzi
  • Children’s swimming pool
  • Beautifully landscaped gardens 
  • Great for investment and holidays
  • 600m from a sandy beach
  • 5 min drive to Iskele Town
  • 15km drive to Eastern Mediterranean University
  • 20km to Famagusta City
  • Opposite the popular ‘Long Beach’
  • 50 Minutes’ drive from Ercan airport
  • 75 minutes’ drive to Kyrenia Harbour

 

Wow! Talk about Location!!! This modern complex is just a 2-minute walk from one of the most popular and beautiful beaches in North Cyprus, Long Beach.  It boasts a 5-star hotel concept with an 80-metre Olympic size swimming pool, as well as a children’s pool and an indoor swimming pool; there are water slides, a fitness center, restaurant, bar, bowling, a chess area, playground, a hairdressers, disability roads and much more….as you can see, this truly is a 5-star complex!  You have options to choose between a studio, 1, 2 and 3 bedroom apartment and in addition, due to the scarceness of hotels in the region, it offers extremely high, daily rental income to its investors with the option of a two-year rental guarantee.  The complex is also only 10 minutes drive to the nearest main hospital, Famagusta City Center and the Eastern Mediterranean University.  What are you waiting for! Reference No: HP1943- 1

Completion Dates Approximately
Block: A1, A2, B1, B2, C / May 2020
Block: A3, A4, A5, A6 / March 2021

Project Specifications
•80m Olympic sized Pool
•Indoor Pool
•Kiddies Pool
•Water Park
•Activity areas (Giant chess, children’s play area and park)
•Bowling green
•Jacuzzi
•Sauna
•Fitness Center
•Disability Roads and Parking lot
•Beautifully landscaped gardens
•Lovely restaurant and Café
•Child Care available
•Mini Club (for a bit of peace and quiet!)
•Solar Energy panels
•Environments Lights
•Souvenir shop
•Mini market
•Laundry room
•Beauty shop and hairdresser
•ATM card machine
•Housekeeping and Maintenance facilities
•Rental cars available
•Bicycle Rental Service available

Apartment options:
Studio     46 – 61 m2
1 + 1          76 – 87 m2
2 + 1         110 – 140 m2
3 + 1         165 – 180 m2

Extra costs for your purchase:
3% for the transfer of your title deed
£1400 solicitor fees (If you decide to use our recommended solicitor)
Infrastructure £1600 one-off payment
0.5% Stamp duty
Yearly maintenance fee just £600

Payment Plan with no rental guarantee:
1st Payment
£2000 reservation fee + £1400 solicitor fees if you decide to use our recommended solicitor

2nd Payment
30% of the property price + 0.5% stamp duty minus your reservation fee, required within 4 weeks maximum from paying your reservation fee

3rd Payment
40% required either in monthly or quarterly installments before the handover of keys. The handover date depends on which property you have chosen.
A one off payment of £1600 for infrastructure utility connections is required during this period

4th Payment
30% is required either in monthly or quarterly installments within 2 years
*** WHICH IS ALL INTEREST FREE ***

At handover of keys
All new properties are subject to 5% VAT
One year maintenance up front, which is £600

If you wish to take the deed in your name 3% is required for the transfer of the deed once you have paid for your property in full.

Rental guarantee and requirements:
•£4000 pounds income per year for your 1 bedroom property
•YOUR PROPERTY MUST BE PAID IN FULL. (Payment plan 30% first payment and 70% required before handover either in monthly or quarterly installments)
•You are required by the developer that you purchase their furniture package in order for them to guarantee the rental
•Rental guarantee can be signed for 1 year or 2 years
•You can use your property four weeks per year between the months of November and March

Rental potential
Short term holiday lets
High season (through 25 weeks of the year) approximately £350 per week
Low season approximately £250 per week

Long Term
Approximately £270 per month