INVESTMENT OPPORTUNITY - 5% RENTAL GUARANTEE FOR 3 YEARS.

Mortgages now available 70% LTV - Subject to Status


COMPLETION DATE: December 2008

Esentepe Seafront Villas is a luxurious seaside development of 12 stunning villas each with an unspoilt and guaranteed sea view and located just 50 metres from the sea. The two storey, three bedroom Esentepe Seafront Villas range from 160 to 195 square metres in size. There is a large sea view balcony with pergola and the Developer is currently offering an option to add a private swimming pool to these already luxurious homes.

The exclusive Esentepe Seafront Villas are located near the picturesque town of Esentepe on North Cyprus most scenic stretch of coastline. You will enjoy the breathtaking beauty of untouched, Government-protected landscapes along the coast set against a dramatic backdrop of forests and mountains. It is just five minutes away from the new and spectacular Korineum Golf and Country Club, with its 18-hole championship golf course.

The delightful town of Esentepe offers the best living and recreational facilities that North Cyprus has to offer, with its luxury Marina, stunning beaches and fine restaurants.

The city of Kyrenia is 20 minutes drive, whilst Nicosia (Lefkosa) and Ercan International Airport are 35 minutes drive away, Larnaca Airport is 1 hour 15 minutes.


Features:
Large sea view balcony with Pergola
Spacious open plan Kitchen
Additional Bathroom on ground floor
Bathroom & Shower on first floor
Top quality marble flooring throughout
One year structural guarantee
Extensive parking space
Double glazed windows
Indoor storage room
Children’s playground
Close the beach and Marina
Five minutes from Championship Golf & Country Club

Available at additional charge:
Air-conditioning and heating
Closed Circuit Television
Security System
Outdoor Swimming Pool (4mX8m GBP 15,000 or 5mX10m GBP 20,000)


Prices:

Villas Starting From: GBP 84,950

Payment Plan:

Option 1
Holding Fee GBP 1,000 Non-Refundable
1st Installment 70% On Signing Contract
Final Installment 30% On receipt of keys - On Completion

Option 2
Holding Fee GBP 1,000 Non-Refundable
1st Installment 70% On Signing Contract
Final Installment 30% Paid by Mortgage see details below


Mortgage Details:

The Developer is now offering mortgages for the Esentepe Seafront Villas via a consortium of Turkish Banks. This arrangement will allow clients, in the UK and Ireland who are unable to raise funds to purchase a property abroad, to make their dreams come true.

The new mortgages will allow the client to finance up to 70% of their purchase for a period of between five and 15 years. While clients will need to pay 50% at contract, should the Bank approve 70% of the purchase price to be borrowed, the Developer will return 20% of the purchase price to the clients once the funds are forward by the Bank to the company.