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Home Property Details

Famagusta, Bogaz, Bogaz, Cyprus

Price in the region of £22,000.

1 Bed Apartment

Key features:
· A stunning location
· Only 40 minutes from the new Ercan airportOnly 40 minutes from the new Ercan airport
· Strong rental demand with returns of 8-12%
· Only 35% deposit, with balance on completion
· Prices starting from only £22,000
· 10 minutes from Famagusta, a famous historical city
· One of the only sandy beaches in the region
· The best investment opportunity in the Mediterranean

Full description:
The Caesar Resort lies in undoubtedly one of the most beautiful places in the world. Who doesn't dream of a fantastic apartment along one of the world's most exquisite beaches? Most dreams remain dreams as only a few can afford to realize them. Not in this case. Extensive experience in high-quality construction using cutting edge and efficient building processes makes it possible to offer you an apartment built at the highest standards and at a much lower price compared to similar projects in the north of Cyprus. This is an investment opportunity not to be missed.

Key Facts
• Your own apartment on the Mediterranean starting from only £22,000.
• An excellent investment: the apartments are expected to appreciate in value by about 100% within three years.
• A unique site, full of attractions and designed in an elegant Roman style.
• A strong rental market offering long term lets and high returns.
• One of the only sandy beaches in a region that predominantly consists of rocky coastline.
• Caesar Resort is only 600 metres from the beach providing easy access and excellent views.
• Each building has an elevator and there is a storage room for each apartment.
• Fantastic location: close to the airport, main cities and picturesque villages.
• Excellent payment plan with only 35% deposit and nothing further until completion.
• A comprehensive list of facilities including: open amphitheatre, swimming pools, tennis court, sports court, outdoor Jacuzzi, restaurants and snack bar, hair and beauty salon, mini-golf, gym/fitness club, health spa, internet café, children’s playground, arcade, supermarket, BBQ and picnic areas, laundrette, back up generator for public areas, a gated development with 24hr manned security, after sale maintenance and rental services.
• The UN estimates there will be a 65,000 unit shortage by 2010 leading to huge supply-demand price increases.
• Current land prices in Northern Cyprus are approximately 25% of those in the south of the island and resale villa prices approximately 30 - 40%. Southern Cyprus property prices are in turn, considerably cheaper (30 - 40%) than other Mediterranean countries with similar climates such as Spain and Portugal.
• A new airport (Ercan) opened in May 2004. Once the travel embargo is lifted the new airport will enable planes to fly directly to North Cyprus for the first time since 1974. This will conservatively lift the annual tourist numbers from 433,000 to 2 million people annually over the next five years, which is still far below the 2.3 million people who visit Southern Cyprus each year.


Location
Where real estate is concerned, location is definitely the most important factor. Karpas peninsula also known as the Panhandle, the easternmost part of Cyprus on the Mediterranean coast, offers one of the most beautiful strips of sandy beaches in the world. Caesar Resort is situated in an amazing location for anyone looking for an apartment fa



 
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