This utterly sublime development of just 24 three bedroom villas is being built directly opposite the stunning Karpaz Gate Marina in beautiful North Cyprus. You don’t need to be a boat lover to appreciate the glorious lifestyle and the potential impact such a location can have on your investment.
These villas offer luxurious three bedroom accommodation on a landscaped and elevated site. Each villa is carefully positioned to take advantage of the spectacular views over the marina to the sea.
Holiday home, full time residence or buy to let. Contact us for early choice of position and off-plan price deals or just to register an interest. Ref. HP2231
This exciting project, being built by a highly regarded local developer, is located directly opposite the Karpaz Gate Marina on the northern coastline of the Karpaz Peninsula in Northern Cyprus. The homes are built on the only private residential land in the district and the Karpaz is an area of outstanding natural beauty that is protected against over development. The nearby village of Yeni Erenkoy offers a good selection of shops and services including a pharmacy and petrol station, plenty for everyday needs. Excellent road links make trips to major centres like Famagusta or Kyrenia a pleasure and the airports at Ercan and Larnaca are not too distant.
The marina opposite the site offers a full range of services to boat owners including full maintenance facilities and a boat hoist. Berthing is available for all vessels from small motor boats and day sailers to super yachts. For the non-boat owner attractions include a top class restaurant and beach leisure area.
A number of excellent sandy beaches can be found on this stretch of coastline and a pleasant drive takes you to Golden Beach which has been rated as one of the best in the world.
This really is a most breath-taking opportunity to own a superior villa in such a fabulous location and we would expect spin off from its unique position to include excellent capital growth, premium rental yields and, most of all, an idyllic lifestyle choice. We would encourage interested parties to contact us without delay to register their interest and to obtain updates on this project
General Payment Plan options:
1. £2000 non-refundable deposit to take the property off the market + £1400 solicitor fees
2. 30% - reservation fee required within 4 weeks maximum of paying your deposit + 0.5% stamp duty
3. 30% paid in installments or stage payments until handover approximately in Jan 2022
4. At handover the remaining 40% can be paid either in CASH with a 5% discount off the amount
OR can be paid in monthly or stage payments within 72 months interest free
Please note: Payment plans are very flexible. If you have a budget on the down payment and monthly installments, please just let us know and we will come up with the best plan to suit your needs!
At handover you will also be required to pay 5% vat, 3% for the transfer of the title into your name and a one off fee for the infrastructure. This amount will be advised closer to handover however should not be more than £1500. Some developers ask for one year maintenance fee upfront also.
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: Exact amount will not be calculated until closer to completion – one off payment
Maintenance fee will also be determined closer to the handover date approximately December 2021
500tl deposit when transferring the electricity bills into your name
Estimated Rental Potential:
Short term holiday lets approximately 25 weeks through the year, £750 per week
Long term rental potential Approximately £600 per month
RESERVE NOW AND SAVE £££S
As many experienced property investors know, one advantage of purchasing property off–plan is the potential for capital growth . The value of the properties when key ready is expected to have escalated by a significant amount as we have seen with similar projects. Properties in truly great locations such as this can potentially see value increase by up to 40% by handover date. In addition , early off-plan reservation allows greater choice of property position on site which can also increase the value of your investment. This factor can also add to your lifestyle and enjoyment from your property.
Local Amenities & Attractions: Travelling Times
• Korenium Golf Course and country club within 90 minute drive
• 15 minute drive to the village of Yeni Erenkoy where you will find supermarkets, technical stores, restaurants, cafes, banks, ATMs, pharmacies and much more
• Beach located directly opposite at the luxury Karpaz Gate Marina
• Famagusta hospital and historical city center within 60 minute drive
• Ercan airport 65 minute drive