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Key selling points
- Established complex - potential for rental income for 2007season
- 80% Mortgages with 5 year interest only option available
- Access to our investment & management service
- Property Management and Lettings service available
This is a newly bulit complex completed in June 2006. It is a small complex of 42 1, 2 and 3 bedroom apartments set around a large freeform communal pool in landscaped gardens.Â
All apartments have a spacious open plan living area and all fixtures and fittings are delivered to high specification. Apartments come complete with fitted wardrobes, Italian kitchens, air conditioning/heating unit, and all white goods (fridge freezer, oven, hob, extractor, dishwasher and washing machine).
This development is already popular and apartments are great holiday flats. In a popular tourist location there is a good potential rental market. Development was completed in June 2006 and all apartments available are bradn new.  There is a great potential for rental income for the 2007 season.Â
Ground floor apartments have genrous gardnes and the second floor apartments have shaded or open terraces.Â
1 bedroom apartment - CYP 65,000
2 bedroom apartment - CYP 85000 - CYP 105,000
3 bedroom apartment - CYP 114,000
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Investment Opportunity
Mortgage funding is available up to 80% of the purchase price for up to 30 year terms (subject to status). The complex is well established and is ready for rental for the 2007 season
We run investor weekends and familiarisation trips throughout the year and encourage investors to visit their property before they buy.
About the Region
Situated in a superb location in a quiet residential neighbourhood of Protaras, the sandy beach at Blue Water Bay is only a 5-minute walk away. The main road into town, offering a number of restaurants, bars and shops, is just around the corner. The charming town of Paralimni is 10 minutes drive away. Whilst the busy resort of Ayia Napa is only 15 minutes away. Larnaca and the international airport are approximately 50 minutes by car.
Protaras lies in Fig Tree Bay, one of the loveliest in Cyprus. Sitting on the south east coast of the island, the tourist destination of Protaras is blessed with crystal blue waters, endless secluded coves, sandy beaches and picturesque traditional windmills.
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
Mortgages with 5 years interest only option are available
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