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Investment Property » For Sale » Cyprus » Famagusta » Blue Artemis Guaranteed Rental    

Blue Artemis Guaranteed Rental


Location

Cyprus
Famagusta
Paralimni

Available units

  

3 bedroom penthouse
119000 CYP

  

2 bedroom first floor apartment
81.53m2 - 93.95m2 from 91000 CYP to 97000 CYP

Delivery date: December 2007
Rental Term: 1 years
Min Rental Return: 7%
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Property ID: 272140




     
 

 Description

Key selling points

  • Guaranteed Rental Scheme begins January 2008
  • Stylish and comteporary apartments - popular with renters
  • Strong capital growth in the region for quality properties
  • Low deposit and excellent finance package
  • Very popular tourist area - good rental market

7%  GUARANTEED RENTAL SCHEME FOR 12 MONTHS

About the Apartments

Blue Artemis is a small complex of 26 contemporary style holiday apartments set in landscaped gardens with access to a communal pool.  All apartments have spacious open plan living area and are delivered to high specification.  The price includes fitted wardrobes, Italian kitchens, air conditioning/heating unit, and all white goods (fridge freezer, oven, hob, extractor, dishwasher and washing machine).

The apartment will make a great holiday home and with the guaranteed rental scheme and a good local rental market, makes an excellent investment.  

Prices:

2 bedroom apartments - CYP 91,000 - CYP 97,000

3 bedroom apartment - CYP 119,000


Investment Opportunity

The low deposit of 20% and mortgage funding available up to 80% of the purchase price for up to 30 year terms (subject to status), makes Blue Artemis an ideal investment opportunity.  We run free inspection and familiarisation trips throughout the year and encourage investors to visit their property before purchase. 

The apartment comes with a 7% guaranteed rental scheme beginning January 2008 (covering mortgage payments wth income on top)

About the Region

Blue Artemis is located between the market town of Paralimni and the seaside area of Kapparis on the east coast of Cyprus. It is close to Protaras, a relaxed holiday resort ideal for families. The superb crystal clear waters and white sandy beaches at Protaras, including the famous Fig Tree Bay, are probably the finest in Cyprus.  Famagusta, once the jewel of the Mediterranean and now a ‘ghost town’ in the occupied north, is only a few kilometers from Paralimni, which is ideally placed to benefit fully from any future regeneration of Famagusta.

The area is served well by Larnaca Airport, a 50 minute drive away whilst the resort of Ayia Napa and its nightlife is just 15 minutes away.

Financing

2 % deposit payable within 7 days.

20% deposit payable within 42 days of sales agreement

78% balance payable in stage payments via a mortgage with nothing to pay until after completion in December 2007.  Mortgages with 5 years interest only option

About us

We are one of the leading property investment companies offering quality property developments throughout Southern Cyprus.  We offer a full investment management service assisting and advising you at every stage of the buying process from initial investment strategy, finance, tax, foreign exchange and legal advice to interior design and furniture selection. Once the development is completed, we can assist you with the lettings and future re-sale of the property.   We to make your investment in Cyprus property "hands free", fully managed by professionals in both the UK and Cyprus, ensuring your peace of mind and safeguarding the value of your Cyprus property. 

We run a series of FREE property investment seminars throughout the year. For further details, please call or visit our website.

 
     
     
 

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