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Living the dream!!! You definitely will be if you buy on this prestigious 5 star complex, which sits directly opposite the famous ‘Long Beach’ where there is a children’s play area, a grassy picnic and leisure area all set along several kilometers of beach front promenade and cycle way. On the beach sits a wonderful petite café and an open air amphitheater. The complex itself has so much on it, including a huge Olympic swimming pool with aqua slides, a children’s pool and even an indoor pool! There are shops, hairdressers, a fully equipped gym, sauna room and so much more! The apartments themselves are beautifully modern, fantastic quality and as well as the 2 bedroom apartments for sale, there are also studios, 1 and 3 bedroom options available. Also, it is being built by one of the leading developers on the island and they are giving the option of a 2 year rental guarantee! What are you waiting for….you know it makes sense!!
Reference No: HP1943- 2
Completion Dates
Block: A1, A2, B1, B2, C / May 2020
Block: A3, A4, A5, A6 / March 2021
Project Specifications
•80m Olympic Swimming Pool
•Fantastic Indoor Swimming Pool
•Children’s Swimming Pool
•Water slides
•Giant Chess Area, Children’s Playground and also a Park)
•Bowling
•Jacuzzi
•Large sauna room
•Fully fitted fitness Center
•Disability Roads and Parking lot
•The gardens are beautifully landscaped
•Restaurant and Café
•Child Care available
•Children's mini Club
•Solar Energy
•Environments Lights
•Souvenir shop
•Mini Market
•Laundry facilities available
•Beauty Center with a Hairdresser
•ATM
•Housekeeping and Maintenance
•Car and cycle hire
Apartment options:
Studio 46 – 61 m2
1 + 1 76 – 87 m2
2 + 1 110 – 140 m2
3 + 1 165 – 180 m2
Extra costs in the purchase:
3% for the transfer of your title deed
£1400 solicitor fees (If you decide to use our recommended solicitor)
Infrastructure £1800 one of payment
0.5% Stamp duty
Maintenance fee £1200 per year
Payment Plan without rental guarantee:
First Payment
£2000 reservation fee + £1400 solicitor fees if you decide to use our recommended solicitor
Second Payment
30% of the property price + 0.5% stamp duty minus your reservation fee, required within 4 weeks maximum from paying your deposit
Third Payment
40% required either in monthly or quarterly installments before handover. The handover date depends on the property you have chosen.
A one of payment of £1800 for infrastructure utility connections is required during this period
Fourth Payment
30% is required either in monthly or quarterly installments within 2 years
*** ALL INTEREST FREE ***
At handover
All new properties are subject to 5% VAT
One year maintenance up front £1200
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:
•£5000 pounds income per year for your 2 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)
•The developer insists 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 November and March
Rental potential
Short term holiday lets
High season (through 25 weeks of the year) Approx £400 per week
Low season Approx £350 per week
Long Term
Approx £350 per month
