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Property for sale information

 
Aphrodite Hills Golf Resort - Apollo Heights  
Reference nr: MM805520
Description:

5% Rental Guarantee for two years

For those wishing to take advantage of the phenomenal success that has and continues to be Aphrodite Hills Golf Resort in Cyprus, Cybarco is delighted to present the last residential development at this multi-award winning resort – Apollo Heights.

Those with an investment in this golf, leisure and residential resort, will have already realised year on year capital returns of 15-20% for the last five years. But that does not equate to a downturn from here on in, as the Republic of Cyprus not only has one of the most stable economies in Europe as well as one of the lowest crime rates, it also has a future that is shining as bright as the mid day sun.

Incorporation of the Euro in January 2008, oil and gas exploration licenses off the south coast of the island to be issued by the end of 2007, major infrastructure projects already under construction and the growing number of international organisations establishing a hub on the island to take advantage of the neighbouring 350 million consumers, means that this small island’s future is most definitely not ‘in the hands of the gods’.

Apollo Heights is a finished, landscaped development of 82 units, including 15 one-bed and 61 two-bed apartments as well as 6 three bed luxury detached villas. The apartments share a number of communal pools, whilst the villas have the pleasure of individual swimming pools and private gardens.

Everyone has come to expect exacting standards from Cybarco – the developer having ‘raised the bar’ in Cyprus. Apollo Heights delivers in all senses of the phrase – be it quality, location or accompanying facilities – an extremely low density build on a superior development with first class facilities and a quality of finish that is second to none. Fixtures and fittings have been chosen accordingly, with Villeroy & Bosch bathrooms and ‘top of the range’ kitchen appliances.

But Apollo Heights is not just about living quarters and returns on investment, it is about actual living and in this case, living = lifestyle. Apollo Heights won’t appeal to everyone, but it should appeal to those who want to own a property or live in one of the most beautiful parts of the Med – the area is full of olive and carob trees, is protected by forests on three sides and overlooks the Med on the fourth.

It will appeal to those who want to have an international Cabell Robinson golf course on their door-step and one of the most exclusive spas – The Retreat – within stepping stones.

It will appeal to tennis players (11 courts), beach lovers (only 10 minute drive), culture lovers – there is to be a traditional amphitheatre on site and those who can appreciate the multi-cultural diversity of international cuisines.

It may not be for everyone, but with an international airport only 10 minutes away, it is definitely for those with a sporting disposition, a flair for investment or those who choose to avoid ‘airport hassle’.

This magnificent development provides not only a unique, one of its kind lifestyle. It serves to be an exceptional investment opportunity well. In particular selected propert

Bedrooms: Bathrooms: Price (€):
1 1 312,225
2 2 400,200
3 2 1,090,200
Features:
Golf
Spa
Submission Date:
01-16-2008
Last Update:
01-12-2009
Advertiser Details:


Name:
Susan Peters

Company:
Cybarco

Phone:
1890 876 875
Fax:

Mobile:
846 4460/1/2

 
Property Photo Gallery

 

Apollo Heights at Aphrodite Hills
 
Calculators

 
Property price: €312,225
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations