• 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: HP2205-2

This stylish new residential resort is situated in one of the most soughed 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: 

  • £2000 deposit to take the property off the market + £1400 solicitor fees if you decide to use our recommended solicitor
  • 30% of the property price minus your £2000 reservation fee as a down payment + 0.5% stamp duty
  • 40% of the property price required either in monthly instalments or stage payments until handover 2022 interest free 
  • Instalments will generally commence 1 - 2 months after your down payment has been completed  
  • 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.

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) £350 per week
  • Out of Season approximately £250 per week
  • Long term rental: £300 per month