Palm Tree Villas

Palm Beach Villas comprises of only 13 exclusive detached villas nestled in a prime location and exquisite area, surrounded by exclusive properties and near the world-famous Blue Flag Beach of Larnaca.

With neighbours like the world-famous Blue Flag Beach, the renowned 5 star Palm Beach Hotel and exquisite residential property, your property investment will substantially increase in value in years to come.

Close to all shopping, educational, health, entertainment and other amenities and only 8km away from the bustling town of Larnaca, home to the islands main international airport, world-class marina and the new proposed 5 Star Golf Resort.

Your villa will be uniquely designed using the highest standard in European architecture and quality finishes. Large airy windows and a spacious interior are fundamental features of this exclusive luxury residential development.

Built on a fair sized plot (from 360 m sq) with private swimming pool and beautiful garden areas, and surrounded by famous tourist attractions, makes this an ideal property investment for a permanent residence, holiday home or rental opportunity.

Completion period: Autumn 2007

Payment terms:  20% down

80% on completion (can be mortgaged).

Mortgages can be borrowed in all major currencies of your choice, including Euro, Sterling, Dollar or Cyprus Pound.

Prices: Start from CYP 199,000 – CYP 225,000

CLICK HERE TO VIEW THE CURRENT PRICES AND AVAILABILITIES

Advantages of buying in Larnaca – an up and coming region of Cyprus

• Affordable prices in comparison with Paphos and Limassol
• Significant investments in improving the infrastructure, roads in particular around Larnaca which eased of the congestions around the city
• New terminal expansion to Larnaca airport expected to be completed in 2007/2008– the largest on the island. Larnaca handles 800 flights per month and 2.5 million passengers per year at the beginning of 2006.
• More no frills airlines will fly to Cyprus, making access for property owners and tourists easier.
• Close proximity the airport from Larnaca city center – 10 km (approximately 6 miles)
• Larnaca Marina is one of six marinas to be upgraded in a £10 million BOT (Build Operate Transfer) project. Larnaca Marina will more than double in size to over 1,000 berths, complete with boutiques and restaurants.
• BREAKING NEWS: Green light was given to the Tersefanou Golf and Country Club at the beginning of July 2006 with the completion in 2009/2010. There are currently only three golf courses in Cyprus located in Paphos area.

Mortgages can be borrowed in all major currencies of your choice, including Euro, Sterling, Dollar or Cyprus Pound.

Advantages of buying a property on or in close proximity Tersefanou Golf course:

• Extended tourist season due to the golfers’ tourist influx. It is possible to rent the apartments throughout the year.
• Properties around the golf course experience the highest capital growth during the period of construction of the golf course itself. The best time to invest is at the early stages of the golf construction.
• Location of the property, i.e. its proximity to the golf course itself, as well as the views is of great importance if you are looking for high capital growth and easy re-sale. Cheap property may not necessary  make a good investment, especially when it comes to renting it.

Comparison of Larnaca properties around the Golf course and its advantages:

• Easy access and perfect location of the golf course in Larnaca region - 7 km from Larnaca International Airport, 5 km from the gorgeous beach and promenade and 10 km from Larnaca Town Centre.
• Unique location and close proximity to the finest beaches and the golf course will attract tourists through the year, maximising rental returns.
• Prices around approved golf course in Tersefanou at this early stage are exceeding expectations and leave a lot of room for growth. For comparison, the remaining apartments on Aphrodite Hills are sold from  CYP 279.400 and CYP 358.000, villas are sold from CYP490,000 to CYP 900,000 whilst you can buy an apartment on the perimeter of the golf course in Larnaca from CYP 128,000

Why invest into property through our company:

1. We reserve the best units for our clients at the pre-release stages exclusively for us and our partner and are in the position to negotiate the best payment terms for our investor clients starting from 20-30%. In some instances we are cheaper than if you go to the developer directly!
2. Some of our projects offer the developer’s guaranteed mortgages.
3. We cherry pick the projects in the best locations, prices and units!
4. We only deal with reputable established builders who have all legal paperwork in place before we market the properties.
5. We assist with property rental and management to clients who have bought through us.
6. Open dealing, straight-talking advice on property related matters for Cyprus and Larnaca area in particular
7. No collaboration with related service providers, hence no hidden commissions and no conflicts of interest.

Property details

Price CYP 235,000 (Euro 401,850) On-site features Private swimming pool , quality kitchen appliances and full air conditioning are included in price

Location

Location type Oroklini (Larnaca)

Sales contacts

Telephone 0161 904 0004 Alt Telephone 0161 904 0004 Email info@property-gems.co.uk