• Exchange deed
  • SITUATED ON THE BEACH
  • INTEREST FREE PAYMENT TERMS
  • First stage of completion is May 2020
  • Full completion March 2021 
  • Shops on site incl supermarket
  • Large communal pool with aqua park
  • Stunning landscapes
  • Shuttle Bus service
  • Water sport activities
  • Beach bar and restaurant
  • Bike riding paths, Gym and Spa

 

 

  • Complex situated on a stunning large stretch of sandy beach
  • 2 minutes’ drive to Bogaz harbour and its beautiful restaurants
  • 5 minute drive to Iskele town
  • Many more bars, restaurants and clubs along the coastline
  • 20 minutes’ drive to Famagusta Historical City Center
  • 50 minutes’ drive from Ercan Airport
  • 90 minutes’ drive  Larnaca Aırport
  • Fantastic investment opportunity 

Happily we can say that this new project is zero to the sea, with a good beach and not rocks. No point living zero to the sea if you have to scramble over dangerous rocks to get in the ocean for a dip. And it is true to say that the beach here offers the gorgeous sand one would expect living on a prestigious complex “zero to the sea”  Make your dreams come true on this first class  5 star development being constructed by one of the best builders in Cyprus,  who can prove without any doubt that since 1974 over 120 individual properties and over 2500 individual properties have been constructed on time  with title deeds issued. Another cross off your list, which by now, should be full of ticks for this beachfront development in the hugely up and coming area of Bogaz on the Eastern corner of North Cyprus, a gem in the making.                                                                                                              Reference No: HP1994 

Property information:
Studio
-Starting from £50,000 Approx 44 m2

Main Specification: 

  • Outdoor parking
  • Central generator system for the site
  • Ceramic Floor coverings
  • Fitted wardrobes  in the bedrooms
  • Pressurized water system
  • Parquet flooring in the bedrooms
  • American Press interior doors
  • Camera system
  • High gloss kitchen cabinets
  • Steel entrance door
  • Security
  • PVC Double glazing
  • Bike Riding Path
  • Walking Path 

Services and Activities: 

  • Children’s play area
  • Spa center
  • Bike riding path
  • Gym
  • Water sports
  • Restaurant
  • Pool Bar
  • Beach Bar
  • Aqua Park
  • Walking Path 

Payment Plan:
First Payment reservation and solicitors:
£2000 deposit + £1400 solicitor fees (if you decide to use our recommended solicitor)

Second payment down payment:
30% + 0.5% Stamp Duty minus your reservation fee

Third Payment 40%:
40% can be paid either in monthly or quarterly installments. Required until the handover date of the property you have chosen – These payments will start within one month after you have completed your 30% down payment.


5% VAT is required 3 months before the handover date of the property you have chosen

Fourth Payment after handover 30%:
30% can be paid either in monthly or quarterly installments within 1 - 2 years after your property’s handover date.
These payments will start one month after your property has been handed over.
Please note the length of time you have to pay these percentages depends on the time you purchase the property and the stage your property will be completed.


*** All interest free! ***


At handover, also a one off payment for the infrastructure will be required and one year maintenance fee is up front.

Once your property is paid in full and you wish to take the title deed in your name then a one off payment of , 3% is required for the transfer of the deeds.

Maintenance Fees:
Studio Approximately £30 per month

Extra Cost:
•3% for the transfer of the deeds
•Solicitor Fee: £1400
•Infrastructure Fee: Between £1600 to £2200 for all properties
•Maintenance fees
•0.5% stamp duty
•5% VAT
•535 tl approx. £80 to transfer electricity and water bills into your name

BUYING FOR INVESTMENT?

Buying off plan with proven developers that always finish their projects prove time after time to be the best investments. In the main, on 5 star prestigious projects similar to this, we see at least a 40% increase in price at completion and hand over.

“The early bird always catches the worm”.

Rental Potential:
Studio:
Short term holiday lets high season (through 25 weeks of the year) Approx. £300 per week
Out of season approx. £210 per week
Long term rental: £250 per month