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| Features: Garden, Pool, Parking | ||||||||||||||||
| Amenities: Shops, Bars & Restaurants, 24 Hour security, Gymnasium, Childrens Swimming Pool, Sea View, In Town, By the Sea, Sauna, Garage | ||||||||||||||||
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Description: Instant equity holding of € 61,600 on a typical 2 bedroom property from day one!! We are delighted to announce further availability in the already highly successful development of ‘Meteora Hills’ in Paphos, Southern Cyprus. Capital growth is expected to continue at a double digit rate for the next few years. We have negotiated exclusive terms with the developer, on behalf of our investors, to buy these properties using very favourable investment terms and at prices significantly below market value. Strong direct comparables put prices at €3,110 (£1892 CYP) per m². Our negotiations give us prices from €2,522 (£1,483 CYP) m². These prices will rise by 10% from May 1st 2008 and then rise again to €3,246 from June 1st. In order to take advantage of this outstanding opportunity then early reservations are essential. Meteora Hills is a 5 star mixed development of townhouses, apartments and villas some of the features of the project comprise: The development: • Two heated swimming pools connected by a ‘lazy river’. • A pool bar adjacent to the sun terraces around the pool. • A fully equipped gymnasium • Mini market with two shops – (supermarket and bakery). • Covered parking - to keep cars cool. • Some properties will have a Jacuzzi on the terraces. • Italian Kitchens with granite work surfaces. • Electric remote control gates. • Private resident’s lifts. • Marble communal stairways. • Plus many more... The immediate area: • Paphos Harbour nearby • 4 Golf courses and a further two planned within 20 minutes drive. • Paphos Airport – with its new international terminal just 20 minutes away. • Many cultural and tourist attractions nearby • Brand new shopping mall and commercial development just announced in Tomb of the Kings area. • Walking distance to main amenities of Paphos – shops/bars/restaurants/night clubs etc. (Reservation fees of £3,500 GBP secure both property and price. Upon private-purchase contract a 10% deposit will be required. No stage payments are needed during the build phase and the final payment required is 5% of the purchase price which can be funded by equity release at delivery). I.e. Investor pays 10% upon contract and then 5% upon delivery. |
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