• Individual Exchange deed
  • Different sizes available between 50,55 and 65 square meters
  • Only 59 properties overall, each block with 5 floors
  • Choice of apartments with sea/mountain views
  • Communal pool with children’s pool
  • Completion Approximately May 2022
  • Green landscaped areas
  • Great for investment, 
  • Flexible payment plans
  • Close to all amenities

 

  • 350 meters from the famous golden Long Beach stretch
  • Bars and restaurants around the resort and many more along the coast (20 km stretch)
  • 7 minutes to Famagusta state hospital
  • 12 minutes from Famagusta city center
  • 500 meters to the closest super-market
  • 40 mins drive from Nicosa and its stunning historical center
  • 50 minute drive from Ercan airport
  • 90 minute drive from Larnaca airport

 

Reference No: HP2205-1

This stylish new residential resort is situated in one of the most saughted areas of Northern Cyprus, the popular coast of Long Beach. Famous for its beautiful golden sandy beach, new bars and restaurants gives any project here a high demand for new home owners and tourists. The complex offers a private and upper class home feel with top of the range facilities and only few apartments overall. The location and flexible payment terms offers anyone who purchases here a fantastic investment opportunity for short term/ long term rental. Also those of you who are genuine property investors know the perks of getting in at the very beginning of a new build. As proved on many other projects the return can range between a whopping 40 - 75% return as the value of the property continues to increase during construction. 

On site amenities include:

Communal swimming pool

Children’s park

Roof garden

Barbeque area

Bar and cafe

Sea and mountain range

Project specifications:

1700 square meters total area

Parking Garage

Reception

Boiler systems

Inverter air conditioning system

7/24 camera security system

Fire detector

Two elevators

Double glass pvc windows

Central satellite

Central internet

Intercom system

 

General Payment Plan options: 

  • 30% of the property price as a down payment + £1400 solicitor fees if you decide to use our recommended solicitor + 0.5% stamp duty
  • 40% of the property price required either in monthly instalments or stage payments until handover 2022
  • Instalments will generally commence 1 - 2 months after your down payment has been completed
  • 30% paid in instalments or stage payments until handover in May 2022
  • Generally an infrastructure fee is required of approximately £1500 during completion for the infrastructure of the electricity and water connections
  • At handover the remaining 40% can be paid either in monthly or stage payments within 3 years interest free

All properties are subject to 5% vat at handover and 3% for the transfer of the title deed should you decide to take the deed into your name.

A one year maintenance fee upfront.

Please note: Payment plans are very flexible. If you have a budget on the down payment and monthly instalments, please just let us know and we will come up with the best plan to suit your needs! 

Extra Cost: 

0.5% Stamp duty – one off payment

3% for the transfer of the deeds – one off payment

5% VAT – one off payment

Solicitor Fee: £1400 – one off payment if you decide to use our recommended solicitor

Infrastructure: £1500 – one off payment

Maintenance fee: Approximately £45 - £55 per month

500tl deposit when transferring the electricity bills into your name

Maintenance fee £40 per month 

Rental Potential:

Short term holiday lets high season (approx through 25 weeks of the year) Approx. £300 per week

Long term rental: £250 per month