| TOP (469) :Europe (262) : North Cyprus (13)
New 3-Bedroom Apartments in Bogaz (to be built)
| Property Group | Residential | | Property Type | | | Built | 2007 | | Restricted Subdivision | YES | | Waste System | Septic | | Price | GBP 54,950
For Sale |
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| Location | Bogaz | | Nearest City | Bogaz | | Schooldistrict | Bogaz | | Living area | 110.00 sq/m | | Bedrooms | 3 | | Bathrooms | 2 | | Living Rooms | 1 | | Kitchens | 1 | | Terraces | 1 |
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| | For further details contact
The Gray Rider Real Estate Co.
John Wallace
143 Longview Drive
Chatham, 12037, NY
United States
Phone: +1-518-392-7062
Fax: +1-877-875-5704
http://www.worldrealtynews.com |
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This is an exciting investment opportunity in most popular East Coast of Cyprus island. Situated between Famagusta and picturesque fishing village of Bogaz and being surrounded by the most beautiful beaches and hotels represents excellent potential value capital growth up to 40-60% within the next three years combined with an exciting rental income.This three bedroom freehold property with its exclusive ideal living environment offers luxury accommodation at affordable prices. For the first time this unique investment opportunity is offered with fixed rate international mortgage 70% LTV and 20 years to pay. Ercan airport only a 30 minute drive away and 45 minutes drive to Larnaca International Airport. Whether you choose to purchase for your own private use or as an investment this is a unique opportunity. To own your dream home a £16,485 deposit, priced at £54,950 Sterling,white goods combined with fixed rate international mortgage creates an opportunity that should not be missed!
International Mortgage
Freehold Apartment 110m2
Three Bedrooms
Pools/tennis Courts
Barbecue + Fireplace
White Goods Included
Close To Beach
Mortgage Paid In 1st Year
NORTH CYPRUS
North Cyprus The North of the island is truly unspoilt, and uncommercialised with people renowned for their hospitality and their warm, friendly welcome. With its delicious local cuisine, its natural untainted beauty and its resorts free from crowds, this is a unique holiday destination. Located in the Mediterranean, just 40 miles off the Southern Coast of Turkey the islands strategic position has meant that Cyprus was the stepping stone between East and West, the historical cross roads of the ancient world.
DEVELOPMENT
The area of Bogaz is suited to a wide variety of buyers. Located next to natural preserved protected forest landscaped area. Investment opportunity allowing the opportunity to resell at any time, commanding excellent rental returns and a potential capital growth of 40- 60% within the next three years. This freehold development is bounderied with natural stone walling, extensive landscaping, furnished with fireplaces, built in barbecues and white goods, boasts large communal swimming and a variety of children's pools, private car parking and offers a five year structural guarantee. 30 minute drive from Ercan Airport and 45 minutes to the Larnaca International Airport. Only 5 minutes walk from the sandy beaches of Bogaz, and a short drive from the magnificent beaches of the unspoilt Karpaz - boasting the best beaches in the Mediterranean! Additionally the complex comprises of water fountains, hair salons, gymasium, and tennis courts.
PRICE
Three Bedrooms Communal large individual Swimming Pools for adults Individual Children Pools Balconies 20m2 110 sqm Fireplace Barbecue White goods to include; washing machine, fridge freezer, gas stove and three airconditioning units. TV / Satelite connection £54,950.
THE PROJECT
The apartments are due for completion in September 2007 and will be built on four floors, totaling 312 apartments, 24 hour security, central water purifier, 7 x 6 x 12 extensive pools, 7 x children's pools, fountains, hairdressers, tennis courts, gymnasium, and a supermarket. The opportunity is extended further to include two free refundable inspection flights on authorisation of deposit payment and includes white goods, TV and satellite connection, freehold title, barbecue and fireplace, three bedrooms, and 70% mortgage over 20 years, combined with first year mortgage paid on mortgage deals only! There are extensive Landscaped gardens. Allocated open parking space for each apartment. Communal swimming and children pools. Ornate wrought iron balustrades to staircase and balcony. Extensive balconies equate to 20m2. East Coast Residence is surrounded by natural preserved green areas which planning permission is not granted and will remain free of buildings forever!!!
LOCALITY
Karpas peninsula (or the panhandle) is the easternmost part of the island of Cyprus, where the land tapers into a thin strip which stretches out towards Turkey. The area is rich in subterranean water reservoirs and thus crops such as tobacco are grown in abundance. Another main source of income in the region is fishing. Bogaz is a beautiful coastal village on the southern edge of the Karpas peninsula, with fish tavernas arranged around its harbour. Karpas peninsula (or the panhandle) is the easternmost part of the island of Cyprus and Golden Beach is proud to be described as the second most beautiful beach in the world! One full day spent in Famagusta will reveal the history of Cyprus in a nutshell. Much of Cyprus is an outdoor museum, the history of the town is obscure as there are no written records and our only source of material is from travellers' accounts of merchants passing through. Some historians declare that it was founded by King Ptolemy Philadelphus of Egypt in 285 B.C. It is believed that the city occupies the site of ancient town of Arsinoe. Famagusta prospered through the destruction of the neighbouring Salamis, the former capital of the island. The development is close to a three and a five star Hotel, fishing village of Bogaz with its Marina, abundance of restaurants, fish tavern's, bars, and with Ercan Airport only 30 minutes drive and Larnaca International is 45 minutes away is conveniently placed to satisfy all investment buyers.
KITCHEN
Door onto balcony. Comprehensively fitted kitchen incorporating a range of eye and base level units. Part wall tiled. Ample work surfaces. One and half bowl stainless steel single drainer unit with mixer taps. Tiled splashback. White goods including fridge freezer, gas stove, washing machine. Built in barbecue on terrace.
LIVING ROOM
American pressed door leading to lounge area. Balcony. Fireplace. Window to side and front elevation.
BATHROOM
American pressed door leading to bathroom. Fitted with a three piece of sanitary ware comprising of WC, shower, and pedestal wash hand basin with mixer taps. Part wall tiled.
MASTER BEDROOM
American pressed door leading to master bedroom. Fitted wardrobes. Door leading to ensuite shower room. Open terrace with views of the Mediterranean sea and spectacular mountains. One air conditioning unit. Window to rear elevation.
BEDROOM TWO
American pressed door leading to bedroom two. Comprehensively fitted wardrobes. One air conditioning unit. Window to side elevation. Door leading onto terrace.
BEDROOM THREE
American pressed door leading to bedroom three. Comprehensively fitted wardrobes. 1 air conditioning unit. Window to side elevation.
ENSUITE
American pressed door leading to ensuite. Low level WC. Pedestal wash hand basin. Chrome effect fittings. Tiled splash backs with border tiling. Fully tiled shower cubicle housing shower.
INCLUDED IN PRICE
White goods including fridge freezer, gas stove, washing machine, Three air con units Ceramic tiled flooring Double glazing Natural marble window edging Barbecue Fireplace Satelite and TV connection
STANDARD FINISHES
Walling Entrance doors in solid wood External floors ceramic Internal door / American pressed Wardrobes in all bedrooms Fitted kitchen One tons of underground water tanks and one set of sun heater system on the roof Two tons of underground water tank and water engine on the ground Included all of the electric and plumbing works
MORTGAGE
East Coast Residence Payment Plan 70% mortgage based over 20 years Purchase price £54,950 30% Deposit £16,485 5% Arrangement fee £2,747.50 Total Deposit £19,232.50 Amount of the Loan £38,465 Number of payments 240 Monthly payment £253.85 Building Insurance £30.00 per month Total monthly payment including building insurance premium £283.85 per calendar month. Please note after the deposit payment there will be no other payments and your monthly payment start on the completion date. Television and satellite connections are installed within each apartment. (connection wiring only) and not the actual satellite user membership. Television set not included. For 20 years mortgage option only first year "mortgage paid incentive" through 12 months rental guarantee scheme. If required constructors guarantee to rent their apartment for the first 12 months after the completion date for £253.85 per month. The monthly building insurance premium equates to £30.00 per month and the monthly maintenance fee, maintaining swimming pools and communal gardens is fixed at £15.00 per week.
STAGED PAYMENTS
Two Year Stage Payment Plan Purchase price £54,950 £16,485 on the date of signing contracts £6,500 4 months after the date of signing the contract £6,500 8 months after the date of signing the contract £6,500 12 months after the date of signing the contract £6,500 16 months after the date of signing the contract £6,500 20 months after the date of signing the contract £5,965 on completion date which is 24 months after the date of signing the contract £38,465 Television and satellite connections are installed within each apartment. (connection wiring only) and not the actual satellite user membership. Television set not included. |
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