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REGAL GARDENS

 LARNACA, SOUTHERN CYPRUS


WHY CYPRUS

Cyprus has seen huge growth over the past four years in particular within the Larnaca area. With EU membership prices are set to rise making now a great time for investment in this region. “Over the last three years demand for property has increased by an average of 15%-20% per annum. This will increase with EU membership as people from the land locked central European countries, which are also destined to become member States, are expected to look for second homes on the island”
(source: FT World Report)



WHY LARNACA

A new golf course in Larnaca, Cyprus will be located slightly inland along the Mediterranean coastline with excellent views of the sea surrounded by sandy hills around the perimeter. The setting aims to offer residents all the benefits of the unspoiled landscape overlooking a picturesque coastline: Mediterranean greenery, proximity to the white sandy beaches`, and tranquillity, with access to the coastal highways that connect the resort to the towns of Larnaca to the east and Limassol to the west. 
Ten minutes drive from Larnaca Airport makes this development easily accessible and adds a premium for holiday rental.


WHY REGAL GARDENS

This project is located in the valley of a small village known as Tersefanou and upon completion will be the fourth & largest golf course development on the whole of the island.

Regal Gardens is situated less than 500m from the golf course, all apartments in this complex will include light and airy living spaces complete with terraces and/or balconies with views of the course and surrounding area. The complex will include gardens, swimming pool and tennis courts for recreational purposes. The current master plan and space allocation has been modified by a consortia of local authorities and hoteliers to reflect the predominantly apartment orientated concept.



Research suggests that Golf properties will significantly increase in value during the build program of 5 years. Taking current market forces and the price of similar apartments on other Cypriot Golf courses into account. There is a potential for capital growth of between 40% - 60% within the next two years.

All apartments come with either Golf or Sea views and the Golf course here is expected to be the best in Cyprus.


Regal Gardens units start from CYP£64,480 these units are under priced in the current market

These units are huge with 754sqft for a one bed apartment. Second floor units come with roof terrace adding up to 690 sqft to the usable area. Ground floor apartments come with garden and Veranda.




The Developers are currently negotiating with Major tour operators who are eager to retain this development as part of a buy back scheme. When agreed this will enable owners to give their apartments to the major tour operator for 16 weeks of the year at a rental high enough to cover the mortgage on the unit for the full year. The owner can then rent the unit privately or retain the unit form personal use for the remaining 36 weeks secure in the knowledge that the apartment has already paid for itself.



This Leaseback factor makes this one of the most solid overseas investment deals on the market today and at prices as low as these, this opportunity is open to everyone.

Contact us on info@31api.info  or call us on 0845 257 6045 for the E Brochure and additional information regarding this development.

 
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