• Individual Exchange deed
  • 3 bedroom and 4 bedroom penthouses available 
  • Total of 6 blocks when completed 
  • Three blocks and amenities completed by August 2020
  • Bbq and seating areas
  • Sea views available 
  • Great for investment, optional payment plans
  • Two large communal pools
  • Largest aqua park in the area
  • Gym, Spa, Restaurant and bar
  • Outdoor and indoor children’s play areas
  • Water sport activities
  • 300 meters from the beach
  • Bars and restaurants within 5 min walking distance
  • 5 minutes’ walk to the closest supermarket and pharmacy, as well as one on site
  • Many more restaurants along the coastline
  • 20 minutes’ drive to Famagusta City Centre
  • 40 minutes’ drive from Ercan Airport
  • 90 minutes’ drive from Larnaca Aırport  
  • 50 minutes’’ drive from Nicosia                              

 

Reference No: HP2147-p

This great project offers one of the best locations being situated just 600m from the sea. The complex its self-offers top facilities including a fully equipped spa, gym, large communal pool, Jacuzzi, silent pool and children’s pool with the area’s largest aqua park! As well as this extra services include bus services, a restaurant/ bar, beach facilities, children’s activities and many more giving the properties on site to potentially gain a very high short term holiday let demand, as proven with the developer’s previous successful projects containing the same 5* facilities. However though none have the pleasure of containing the fantastic large, pirate themed, aqua park that this project has!
Add these great high quality and luxury 3 – 4 bedroom apartments to the equation and you have yourself a tremendous treat!

Penthouse Options:
3 bedrooms:
•151 square meters closed area with 31 square meters terrace
Or
•155 square meters with 34 square meters terrace

4 bedrooms:
•178 square meters with 48 square meters terrace

On site amenities include:
Beach Facilities:
•Beach Volleyball
•Outdoor sports ground
•Sun beds with umbrellas
•Pergolas
•Shower

Water sports:
•Jet ski
•Canoe
•Catamaran
•Storage for watersport equipment

Sport and leisure center:
•Indoor Gym
•Outdoor Swimming pool
•Sauna
•Outdoor Jacuzzi

Kids facilities:
•Kids swimming pool
•Big Chess Board
•Children play ground

Dining:
•Restaurant
•Beach Bar
•BBQ areas

Extras:
•Bus service into town
•Car hire available
•Internet available

Payment Plan options:
1. £1000 deposit to take the property off the market
2. 25% - reservation fee required within 4 weeks maximum of paying your deposit + 0.5% stamp duty
3. For a property still under construction, choose to pay in either monthly or quarterly instalments within 2 years interest free
4. For a property already completed, choose between paying either in monthly or quarterly instalments within one year
OR
Receive a 5 year mortgage (from developer), 9.2% interest rate

Extra Cost:
0.5% Stamp duty
3% for the transfer of the deeds
5% VAT
Solicitor Fee: £1400
Infrastructure: £2000
Maintenance fee: Approximately £756 per annum

Rental Potential:
3 bedroom:
Short term holiday lets high season (through 25 weeks of the year) Approx. £450 per week
Out of season approx. £400 per week

Long term rental: £450 per month

4 bedroom:
Short term holiday lets high season (through 25 weeks of the year) Approx. £500 per week
Out of season approx. £450 per week

Long term rental: £500 per month

Example:
First payment:
£1000 reservation + £1400 solicitor fees

Second payment:
25% - reservation fee required within 4 weeks maximum of paying the reservation fee.

Third payment:
After completion you are then able to pay the remaining 75% within 2 years. Either in monthly instalments or quarterly instalments all interest free.
OR
Receive a 5 year mortgage from the developer at 9.2% interest rate

*For a property already completed - Then you have one year to pay the remaining balance, either in monthly or quarterly instalments interest free commnecing after the first completed 25% down payment.*

Fourth payment:
A one off payment of £2000 is required for the infrastructor, can be paid after handover within 1 year

If you wish to take your title deed once the entire complex is completed you will then be required to pay a one off payment of;
5% VAT
3% For the transfer of the title deeds
And then your Maintenance fee will be required £756 per year can be paid monthly


Fantastic points of getting in at the beginning …
When buying off plan your property is growing in equity during construction as time goes on and will no doubt be worth more at completion than what it was at the beginning!


What gets even better is our sister company, Busy Bees Maintenance and Facilites can handle your property rental so you are stress free!
Therefore we can offer our help through the entire process from purchasing your property and then helping you earn your £££s.