Cyprus property showed positive appreciation in 2008!
Situated just minutes from Paphos airport and fifteen minutes from Paphos harbour, Kouklia is the original site of ‘Old Paphos’ and is steeped in history. With local tavernas offering traditional cuisine and shops offering local produce this village has become increasingly popular with wealthy Cypriots and expatriates.
Terra Divina is a luxury five star resort exclusive to the area aimed at the upmarket leisure trade for the Paphos area and offers outstanding potential for capital appreciation and strong rental returns.
- Developer is Alpha Panaretti Ltd.
- Direct from the developer.
- Cyprus Tourist Organisation (CTO) approved. This ensures priority of delivery of utilities and is a requirement of the major tour operators.
- Situated on an elevated site overlooking farmland to the coast, 15 minutes from Paphos and only 5 minutes from the coast and superb beaches. The location is ideal as a base to enjoy this part of Cyprus.
- 10 minutes from PetraTou Romiou the birthplace of Aphrodite.
- Two championship golf courses within 10 minutes, a third within 20 minutes. Adding to the potential for leisure rentals.
- Minutes from Paphos harbour. Recently renovated the harbour is home to many restaurants and tavernas, has a long promenade and offers diverse leisure pursuits and water sports.
- Minutes from Paphos harbour. There is a growing yachting fraternity in Cyprus many of whom are looking for good quality shore accommodation.
- 614 luxury studio, 1 &2 bedroom apartments. Demand has been high and stocks are dwindling-please check for availability.
- Excellent on-site amenities. Central reception, outdoor pools and terraces, indoor swimming pool, clubhouse with rooftop pool and bar, restaurant, fitness centre, Jacuzzis, spar with steam room and sauna, conference facilities and extensive parking.
- Five star build quality. Essential to maintain high rental demand.
- £2,000 reservation fee. Refundable for 14 days.
- Only 15% deposit with 5% on completion. Only 20% deposit allows your capital to go further and gives strong gearing to enhance the potential return on investment.
- 80% mortgage available through Alpha Bank. This deal is exclusive to the developer and is the best available on the island.
- Mortgage in Swiss francs. Gives very low interest rates currently around 3%.
- The development is bank guaranteed.
- Your deposit is bank guaranteed.
- Furniture packs available. An superb range of furniture and fittings to create the right style for you and your tenants.
- Independent Cypriot lawyers. To enable you to complete the purchase process without visiting Cyprus the processes have been streamlined with the help of a panel of local lawyers.
- Rental and management programme. This is provided in-house by the network whose specialist after-care service ensures your property is maintained to the highest standards and that you maximise the investment rental potential.
- Re-sales service provided by the network. There is a strong local demand for re-sales and the network provides a comprehensive service.
- Self Invested Personal Pension compatible. Subject to pension rules this investment can be acquired by pension funds. You should always seek appropriate authorised advice.
(Investing pension funds into this opportunity - More information)
The developer is local to the area and has been constructing high quality properties for over 20 years and has received many awards for the quality their work and customer care. This local knowledge and expertise together with a superb location makes this a very strong investment proposition.
Coupled with the ongoing support of Alpha Bank and the in house aftercare service of the network we strongly recommend this project to the serious investor.
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