East Coast Residence, Bogaz, North Cyprus

East Coast Residence, Bogaz, North Cyprus

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 of up to 40-60% within the next three years - combined with the potential of an exciting rental income.

For the first time this unique investment opportunity is offered with fixed rate international mortgage 70% LTV and 20 year term. Ercan airport is 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 with white goods included, and combined with a fixed rate international mortgage (without income proof), creates an opportunity that should not be missed!

The Developer has been established for 16 years with a reputation of building exclusive quality developments in Northern Cyprus. The apartments will be built over four floors and are due for completion in September 2007.

Investment Highlights

• 5% Fixed Rate International Mortgage, 70% LTV, 20 year term
• Bankers and developers guarantee for the deposit included
• Two payment options – one with an exclusive mortgage plan
• Excellent potential for capital growth within the next three years combined with the opportunity of a rental income. Potential for 40% to 60% capital growth upon completion
• Option to resell at anytime before completion in September 2007
• Compensation guarantee
• Great rental potential
• Only 5 minutes walk from the sandy beaches of Bogaz, and a short drive from the magnificent beaches of the unspoilt Karpaz - probably some of the best beaches in the world
• 30 minutes drive from Ercan Airport, and 45 minutes from Larnaca International Airport
• 35 minutes from the new 18 hole golf course – in addition, a new proposed golf course will be 5 minutes away!
• Freehold Title
• Sea/Mountain Views
• White Goods included – washing machine, fridge freezer, gas stove and two air conditioning units
• 3 Bed apartments 110m2
• 20m of Terrace with built in Barbecue
• TV and satellite connection
• 5 year structural guarantee
• Pools/Tennis Courts/Gym
• Allocated Parking
• For the energetic there are water sports, scuba diving or horse riding nearby
• Close To Beach
• Priced at only £54,950

Key facts

• Prices from £54,950
• Completion September 2007
• Unit types 3 bed apartments

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