long beach famagusta cyprus 1 bed apartments & 2 bed … long beach... · 1 bed apartments at...

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1 LONG BEACH FAMAGUSTA CYPRUS 1 Bed apartments & 2 Bed Semi-Detached Villas 1 Bed Apartments at £46,000 & 2 Bed Semi-Detached Villas £102,900 + 5% VAT Balcony 1122 properties with 10 different types available Situated across 90 acres of land First stage of completion: July 2021 Second stage completion: July 2022 Final stage of completion: December 2022 Modern Architecture Layout Shuttle Bus service UP TO 4.5 YEAR PAYMENT PLAN 24 shops on site including a bank, pharmacy and souvenir store 3 communal pools; A children’s pool, aqua pool and a silent pool Children’s playground Bike riding path, Gym, Spa, Beach Bar, Restaurant, and more 15 minutes’ drive to Famagusta 40 minutes’ drive from Ercan Airport 90 minutes’ drive from Larnaca Aırport Choosing a safe and secure environment for your family to settle or holiday is key, and this brand new concept of Mediterranean living ensures this. This will be the place to be, and you will be the envy of all your friends on this corker of a complex. Enjoy the mild climate and sunshine for 340 days of a year, beautiful scenery and take advantage of the Country’s vibrant cosmopolitan lifestyle as well as a low cost of living. Buying to invest? Your early consideration will assure you of a high appreciation of capital and rental returns.

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Page 1: LONG BEACH FAMAGUSTA CYPRUS 1 Bed apartments & 2 Bed … Long Beach... · 1 Bed Apartments at ... from Larnaca. Aırport. Choosing a safe and secure environment for your family to

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LONG BEACH FAMAGUSTA CYPRUS

1 Bed apartments & 2 Bed Semi-Detached Villas

1 Bed Apartments at £46,000 & 2 Bed Semi-Detached Villas £102,900 + 5% VAT • Balcony

• 1122 properties with 10 differenttypes available

• Situated across 90 acres of land

• First stage of completion: July 2021

• Second stage completion: July 2022• Final stage of completion: December

2022

• Modern Architecture Layout• Shuttle Bus service

• UP TO 4.5 YEAR PAYMENT PLAN

• 24 shops on site including a bank,pharmacy and souvenir store

• 3 communal pools; A children’s pool,aqua pool and a silent pool

• Children’s playground• Bike riding path, Gym, Spa, Beach

Bar, Restaurant, and more

• 15 minutes’ drive to Famagusta• 40 minutes’ drive from Ercan Airport

• 90 minutes’ drive from LarnacaAırport

Choosing a safe and secure environment for your family to settle or holiday is key, and this brand new concept of Mediterranean living ensures this. This will be the place to be, and you will be the envy of all your friends on this corker of a complex. Enjoy the mild climate and sunshine for 340 days of a year, beautiful scenery and take advantage of the Country’s vibrant cosmopolitan lifestyle as well as a low cost of living. Buying to invest? Your early consideration will assure you of a high appreciation of capital and rental returns.

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Reference No: HP1999 – 1 Main Specification:

• 24 Shops including: Bank Pharmacy Souvenir Shop Clothing store and many more

• Bicycle and Walking Paths • Security

Services and Activities

• Swimming Pools • Water Slides • Tennis Courts • Kids' Playground • Restaurant • Green Areas • Cafe/ Bar • Restaurant / Fast Food • Rent A Car • Fitness Center • Supermarket • Dry Cleaning • Hairdresser • Spa / Sauna • Exchange

Payment Plan: 30% First Payment + 0.5% Stamp Duty 30% paid in 4 - 5 instalments + VAT required 3 months before hand over 40% of 4 - 5 instalments to be paid within 2 years after handover All without interest! Extra Costs: £1500 for infrastructure 3% for the transfer of the deeds Solicitor Fee: £1400 5% VAT Maintenance fee: £250 - £350 per year Please see an example below: First Payment: - 30% down = £13,800 + 0.5% stamp duty = £230 + Solicitor fees (if you decide to use our recommended solicitor) = £1400 Total adding up to £15,430 Second Payment: - Another 30% = £13,800 to be paid in £575 per month until completion + a one-off payment of £1500 for infrastructure and 5% VAT required 3 months before handover = £2,300

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Third Payment: - After handover the remaining 40% is to be paid in 4-5 instalments within 2 years = £18,400 / 4 months = £4,600 Once the entire complex is completed you will then have the option to take your title deed and will be required to pay 3% = £1,380 Please remember this differs between the time of your property purchase and the time of your property completion date. Potential rental income and payback: Short term: - This type of property has the potential to earn £400 per week through a minimum of 20 weeks throughout the year in high season = £8000 per year Long term: - Potential is £350 per month minimum with a 6-month winter period = £2,100 per year Adding up to a total of £10,100 income per year. (gross) These figures show that potentially your 1-bedroom property would have paid for itself within 4.5 years. And the rest is your pocket money for you to play with! ☺ With only a maximum of £350 per year maintenance fees this proves to be a fantastic investment opportunity.

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1 Bedroom Apartments:

BUYING FOR INVESTMENT?

Buying off plan with proven developers that always finish their projects prove time after time to be the best investments. In the main, on 5-Star prestigious projects similar to this, we see at least a 40% increase in price at completion and hand over. Due to Cyprus’ unique strategic location between Europe, Asia and Africa, property investment in Cyprus is an outstanding opportunity for private investors and investment funds. “The early bird always catches the worm”.

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BUYING FOR PERMANT RESIDENCE IN THE SUN? Your friends will be jealous when you invite them round for a G and T on your balcony, prior to taking a brief stroll down to one of the best beaches the Island has to offer. You couldn’t wish for such a wonderful location to realise your dream and “move to the sun”. BUYING TO LET? Buying to let brings all the advantages of buying for investment, and more! Imagine your investment increasing by 40% before you even get the key! We are giving figures of 350 GBP minimum a week for short term holiday lets, potentially earning you a whopping 8,750 GBP earnings a year. (Potentially given on current rental yields) This figure is based on a bed settee in the lounge allowing for 4 persons accommodation.

The Area The Long Beach Area: Your Closest Beach Over the course of the last two years the Long Beach area as undergone a transformation the development of the area around this wonderful sandy beach includes, outside gym, children’s play area a grassy picnic and leisure area all set along several kilometers of beach front promenade and cycle way. Currently under construction is a new purpose-built café and restaurant and open air amphitheater due to be completed ready for the 2015 summer season. All this is just a 2-minute walk from this lovely property. Iskele

The town of Iskele, also known as Yeni Iskele, is located on the south east coastal area of Northern Cyprus and on the main road which heads towards the Karpaz Peninsula area. It is close to the harbor town of Boğaz, which is a very pretty old fishing village that still retains some of its authenticity whilst also being able to accommodate tourism. In the center of Iskele you will find a small Dominican chapel called Ayios Iakovos, which was originally built around the 15th century and on the outskirts of Iskele the church of Panayia Theotokos, a 12th century domed building which has been restored in recent years and reopened to the public as an Icon Museum. Important Attractions: Sights & Sounds

• The regional festivals such as the Iskele International Folk-Dance Festival, held annually in June.

• The best folk-dance group title; and also, the Iskele Festival which is held yearly in June/July time, and which hosts competitions, displays and plenty of outdoor cooking!

• The Karpaz peninsula: A stretch of beautiful land filled with the most stunning beaches in North Cyprus as well as home to some of the Island’s traditional donkeys.

• Karpaz Gate Marina with Berthing for 350 Yachts and all the facilities that the yachting fraternity requires.

• The local weekly market selling fresh local produce and household items.

• Bogaz: a small traditional fishing village with a picturesque tiny harbour

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• Famagusta: a fascinating medieval walled

City with oodles of charm and lots to

explore including the Cathedral of St

Nicolas, numerous houses, St. George of the

Greeks church with its frescoes and the

remains of the fortified citadel

• The ancient walled city of Famagusta is muchas it was over five hundred years

• The Ruins of Salamis

• 750 Bed Kaya Artemis Hotel and Noah’s ArkHotel, both are Impressive and only 15minutes from the Bogaz area.

• The Monastery of Saint Barnabas

Local Amenities & Attractions: Travelling Times

Nearest Large Supermarket - 5-minute walk Chemist & Clinic – 5-minute drive Iskele – 5 minutes’ drive Long Beach Area – 5 minutes’ walk Salamis Ruins And St Barnabas Abbey – 10 minutes’ drive Famagusta City – 15 minutes’ drive Karpaz Gate Marina – 50 minutes’ drive Karpaz Peninsular – 1 hour drive Ercan Airport – 40 minutes’ drive Larnaca Airport – 1 hr 10 minutes’ drive