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A multi-level development of exceptional quality percheOnly 2- reservation - 6- Signing of contracts - 6- in 6
100- LTV with 2 years nothing to pay grace period.3 yea
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Description: This superb project is situated a short distance from Oroklini 12km from larnaca Airport and five minutes drive from the beach. The development consist of two blocks comprising of 1 ,2 and 3 bedroom apartments all with balconies,covered parking areas and a Shared swimming pool between. These offer excellent potential for both the buy to turn investor and also offers potential for good rental returnsfor the buy to let purchaser. Prices 1 Bedrooms start at £39,000 to £44,000 cyp 2 Bedrooms start at £53,000 to £73,000 cyp 3 Bedrooms Start at £69,000 to £85,000 cyp offered at least 20% below Market value for the buy off plan Purchaser.Expected resale price will be 30% higher than purchase price and with only a 30% deposit required returns of around 100%(gross) 75% (net)in a time scale of 12 to 14 months will be achieved. The cypriot tax on capital gains is 20% with the first £10,000 being exempt. All transactions via us are covered and idemnified under licence no 419 of |
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