Reference No: HP2260
Located just 1 minute away from one of the many sandy beaches along the Salamis coastline, awaits the construction of these fabulous dream villas which are due to be complete approximately 2023/24. The location of these modern style homes offers a variety of lifestyles, one for at least every day of the week! Perhaps you would like a mountain hike Monday? A tanning Tuesday on the beach lounging under the sun, a wellness Wednesday sipping cocktails by your very own private pool, A throwback Thursday by taking a walk through North Cyprus’ extraordinary history, a family Friday with a picnic at the local park followed by a social Saturday, shopping with friends in the City Centre’s fabulous mall. The sky really is the limit.
These impressive semi-detached villas are designed to match your every need, consisting of 3 bedrooms, one bathroom with w/c, a separate w/c located on the ground floor along with a salon and kitchen area. Surrounding the property will be a luxurious 30m2 private terrace with your very own 18m2 pool. The furnishings listed below will be of high quality with natural marble flooring and kitchen worktops. It is no doubt the developer has taken care of every aspect when designing these newly aged homes.
Should you be purchasing for investment?
Due to the location and style of the villas, the potential rental yield is positive with similar properties rented during the summer season for £500 per week gross and £450 per month. As well as this, many investors know that getting in at the beginning of a new development is a huge bonus as the value of the property increases during the progress of the construction. On average, a similar property style could potentially retrieve a 30% profit by handover.
Property specifications and room sizes:
- Natural marble stairs
- Marble kitchen countertop
- High Gloss kitchen cabinet doors
- Aluminum double glazing
- Air conditioning infrastructure
- Entrance - 4 m²
- Hall - 30 m²
- Dining Room - 14 m²
- Kitchen - 14 m²
- Stairs - 5 m²
- WC - 3 m²
- Total Closed Area - 70 m²
- Hallway - 6 m²
- Bedroom 1 - 18 m²
- Bedroom 2 - 16 m²
- Bedroom 3 - 15 m²
- WC / Bathroom - 6 m²
- Stairs - 9 m²
- Total Closed Area - 70 m²
- Total Closed Area - 140 m²
- Ground Floor Terrace - 30 m²
- First Floor Balcony - 25 m²
- Total Gross Area - 195 m²
- Pool - 18 m²
General Payment Plan options:
Payment plans on this resort can be negotiated at a reasonable level.
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 of £1500 for the infrastructure. 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
Electricity and water infrastructure: Approximately £2500 – one off payment
Maintenance fees: Will be announced at a closer date
500tl deposit when transferring the electricity bills into your name
Annual tax is just 1.25tl per square meter (approximately 20 pence!)
Short term holiday lets high season (approx through 25 weeks of the year) Approx. £500 per week
Long term rental: £450 per month