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Investment Property » For Sale » Cyprus » Southern Cyprus » Famagusta » Neptune Village    

Neptune Village


Location

Cyprus
Southern Cyprus
Famagusta
Avgorou

Price

€99,000
to €169,151

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Property ID: 442372














     
 

 Description

Key selling points

  • Of special appeal to Scuba Divers
  • High rental potential
  • Own use & rent for useful income
  • Group purchase to split the 52 weeks use
  • Dive Club or Centre to buy and rent out - income stream

The Project

Neptune Complex is a new residential development with a difference. Created to welcome diving enthusiasts, it rests comfortable in the village of Avgorou, close to the popular resorts of Ayia Napa and Protaras in the South East of Cyprus. Only 10 minutes from the sea, Neptune Complex offers residents a touch of Mediterranean country living combined with the opportunity to either learn how to dive, improve their diving skills, or simply enjoy immediate access to some of the islands most popular diving sites.

Avgorou itself will provide your everyday needs with a greater choice of amenities available in the larger nearby municipality of Paralimni. Only minutes away, Ayia Napa and Protaras offer all the excitement and entertainment of fully fledged tourists havens.

Neptune Complex Includes

  • U-shaped main building housing just 52 one and two bedroom apartments featuring high-specification, insulated construction for modern comfortable living.
  • Exceptionally large swimming pool reserved for residents, complete with pool deck, cafeteria and snack bar.
  • Separate custom-designed pool for introductory diving lessons, skill development and events.
  • The Diving Centre which will provide training at all levels from beginner to advanced technical, plus equipment and organised diving trips for qualified individuals and groups.
  • Secure entrance and restricted access.

 Investment Opportunity

This development is unique and is the first development that will be built in Cyprus specifically for Scuba Divers.

Cyprus has for a long time been recognised as probably the best diving location in the whole of the Mediterranean with year round warm waters which support an abundance of marine life. There are numerous dive sites including the Zenobia the 200m ferry boat which is the largest recreational diveable ship wreck in the Mediterranean, still with its cargo of articulated Lorries on board. It is located just 1400 metres off the shore of Lanarca. (See our investors pack for more information on this dive site and many others).

The Cypriot Government's Tourist Organisation is determined to promote the island's potential as a diving destination by investing in various projects that will appeal to this market segment. This includes sumberging a vessel just off the coast and the construction of a series of man-made reefs for the purpose of diving expeditions.

Neptune Complex will appeal to individuals, couples and families who want to go scuba diving and/or enjoy the delights of Cyprus which is a true year round tourist destination. You can even ski in the Troodus Mountains during the winter in the mornings and sun bathe on the beach in the afternoon! You can also take an excursion to Egypt and visit the Pyramids!

Scuba Divers often wish to take a vacation which they can enjoy with their families and the Neptune Complex will provide just the facilities they need. With many dive sites in close proximity, they can mix and match with the other tourist attractions happy in the knowledge that the Neptune Complex with its extended central water feature will keep non diver happy for many hours.

Rental demand for quality apartments is always high in this region of Cyprus and with the unique appeal for Scuba Divers the rental yield potential is very good. We have a property management and rental company already in place.

Access from many UK airports to Cyprus whilst already good, is improving all the time with more airlines placing the Island on their flight schedules. Recently there have been low cost carriers enter the market with others still negotiating for landing rights. The main airport of the island is Lanarca which is approximately 30-40 minutes away from the Neptune Complex.

Cyprus is very attractive to UK residents due to its low taxation, British friendly population, low cost of living, attractive year round climate, low crime and modern facilities. They even drive on the left and have UK electric plug sockets! There is already a substantial number of ex-pat British citizens living on Cyprus. Our investors information pack, available on request, gives more details on why Cyprus is so attractive to the British.

Due to careful planning Cyprus has not been subjected to the highs and lows of other popular tourist destinations and has instead, quietly enjoyed a steady growth in property prices which is continuing today.

Our Recommendations:

  1. Ideal as a pure investment opportunity due to the high rental potential.
  2. Superb purchase for people who wish to own a property for their own use  and rent out when vacant so providing a useful income
  3. Perfect investment for Dive club or Dive Centre to rent out to members and/or clients to generate an additional income stream
  4. Good property to buy for own use only

More Details 

There are much more details of the development including the location, construction, rental potential, Scuba Diving and the appeal of Cyprus in our investors information pack which is available on request.

 
     
     
 

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