property Details
Country:	Cyprus, South Cyprus
Location:	Limassol, Zakaki
Type:	Resale
Style:	Apartment - Land
Bedrooms:	0
Garden:	Not Specified
Terrace:	Not Specified

Apartment - Land Cyprus

PLOT AT ZAKAKI IN LIMASSOL INVESTMENT PROJECT PROPERTY RESERVED UNTIL SEPTEMBER 21st 2007 Property Under Study Residential commercial development Plot size 3666m2 Building density 100 735m2 VERANDAS Architectural plans ready Building permits 2 4 month Owned by company as only asset no transfer fees Characteristics This project is situated in one of the most recently developed areas of Limassol town a new marina with 1000 births for yachts is planned together with office buildings and residential properties The area is an extension of Molos one of the most important features of Limassol its gateway to the rest of the world the sea front known as Molos or the Embankment a meeting point of the local people This area was turned in an open air Sculpture Park with works of art created by Cypriot Greek and international artists This extension will reach the new port and be just moment away from the Ladies Mile project The beautiful Ladies Mile beach is just a few minutes drive away being located near the New Limassol Port which is only a 10 15 minute drive from Limassol Town centre Here you can walk along the golden sandy beach swim in the crystal calm waters or even participate in the water sports facilities The water here is shallow and very clear so it s safe for children and the sand runs for miles so if you d prefer some peace and quiet you will be sure to find it here Ladies Mile beach is one of the most popular windsurfing spots on the island due to its flat shallow water Within walking distance from the development is Tiffany the biggest shopping mall in Cyprus The Tiffany centre will combine shopping entertainment leisure and culture facilities all under one roof and is located at Zakaki 10 minutes from Limassol town centre The new mall will officially open in August 2008 and will house top international fashion brands electronic goods cosmetics home accessories jewellery toys gifts caf bars a web caf fast food and family restaurants an ice skating ring and an amusement park and arcade There are also plans for a beauty and hairdressing salon mini market a bank patisserie a pharmacy florist and a newsstand Not all shops will be for sale but will instead be licensed to retailers almost half of them are already booked by international retailers the management company have said The new mall will offer easy access and free parking for 1 300 cars It will also offer childcare and nanny service for shoppers Description of proposed development 24 One bedroom apartments 12 Two bedroom apartments 6 Three bedroom apartments 2 Office floors Competitive advantage New development area followed by large economic investments 1 Proximity of beach residential facilities of best quality 2 Delivery of project followed by completion of area development All prices quoted are recommended and of suggested off plan prices 3806m2 apartments Cyp 1300 per m2 595m2 office shops Cyp 1600 per m2 Customer Profile We would expect to have clients who are between 40 65 years old looking for investment opportunity home holiday destination with rental potential business opportunity and second house The area is very urban and is offering most needed residential facilities but at the same time is offering residential peace of mind Cyprus Banks are approving up to 80 finance and grace period time for our clients Notes 1 After start of works the prices increase according to the progress of works usually by 3 percent quarterly 2 When completed development will have an appreciation of minimum 30 percent 3 Note that for the last 10 years the property appreciation in Cyprus is 15 however for beachfront properties due to supply and demand it is expected to be higher Services and Facilities Property Rental Our Management Company will undertake to rent out your property check in and checkout the guests or visitors protect your inventory and keep your property clean and well stocked for your guests or paying visitors The properties can be rented out when the owners are not using them and generate substantial rental income Please ask for our carefully prepared income calculations Financial Packages Our group in association with a number of commercial Banks in Cyprus offers several attractive long term financial packages to prospective buyers The standard packages offer long term finance up to 25 years and up to 70 of the purchase price It is also possible to offer other forms of finance suited to your own particular requirements Furniture and electrical appliances Packages Our in house interior designers have carefully selected furniture packages from the renowned company to complete and enhance the built property Several differently priced packages are offered and there is a range of wood finishes and fabric colours to choose from Separate packages of accessories bed linen kitchen equipment and utensils and electrical equipment can also be supplied to ensure that the apartments are fully equipped and ready for occupancy Property Management The key to maintaining a dignified lifestyle and to enhancing the value of the property is the correct management frugal but adequate timely innovative and resourceful the correct management of a property particularly one of many ownerships is the key to value enhancement over the years and solid annual income from renting Concierge Service A concierge will ensure that the property shall remain under discreet supervision 24 hours a day and that a friendly face will greet you on the way in every time Housekeeping and Cleaning A housekeeper will be available to provide you with this service at reasonable prices Business Centre Business centre conference room for presentations small parties seminars or that special business lunch with outside catering to enhance the functionality and the full use of the properties on offer Swimming pool A swimming pool designed for maximum solar exposure is the natural extension of the sea waves lapping your beach just a few yards away Maintenance and Gardening Our Management Company will undertake the necessary arrangements to maintain the property and its grounds in a good condition and give you more hassle free time to enjoy your lifes work and pleasure Others Each property can be a proper home or a holiday house or a retirement home or of business use We would like to make our clients stay comfortable and enjoyable by providing a variety of services either by us or by putting you in touch with the providers directly Secretarial services Car hire Food delivery etc