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Property for sale information

 
Caesar Resort  
Reference nr: DI368099
Description:

Enjoy dream vacations and a successful investment
• Your own apartment on the Mediterranean at launching prices, starting from only £25,000
• An excellent investment: the apartments are expected to appreciate in value by about 50% within three years
• A unique site, full of attractions and designed in an elegant Roman style
• Opportunity for renting to students during the year, except for the summer season
• One of the only sandy beaches in a region that is predominantly rocky beach
• Caesar Resort is just a 5 minute walk from the beach (600 meters)
• Each building has an elevator and there is a storage room for each apartment
• Terrific location: close to the airport, main cities and picturesque villages
• SPECIAL DEAL: 35% on exchange - Nothing more until completion.

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.
Our 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.

Location, location, location
Where real estate is concerned, location is definitely the most important factor. Karpas peninsula or 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 a vacation apartment far from the hustle and bustle, yet just a step away from interesting sites and places:
40 minute drive from Ercan Airport; 45 minutes away from Larnaca Airport; 30 minutes from Bafra; Sandy beach is within a 5 minute walk (600 meters); Next to Bogaz, the beautiful fishing village and marina; 10 minutes from Famagusta, an historical and archaeological city; 45 minutes from Aya Napa luxury and central tourist center; 35 minutes from a professional 18-hole golf course; Another golf course planned next to Caesar Resort.

An Excellent Investment
A surge of development is underway on the eastern seaboard of Cyprus. Hotels are being built 20 minutes from the resort with a capacity of 20,000 rooms. Next to Caesar Resort, just a 10-minute drive away, is the Eastern Mediterranean University with a student body of 15,000 and 400 lecturers. This presents an excellent opportunity for those wishing to rent out their apartments in-between vacations.
The price, as already mentioned, is the lowest in the area owing to the advanced and cost-efficient construction methods applied. The profit potential is significant as the apartments are expected to appreciate in value by 40%-60% within three years plus added profitability by renting out the apartments between visits.

A Variety of Apartments for Any Budget
Caesar Resort has four types of apartment suites to choose from: a penthouse suite (117 sq.m.),a three-bedroom suite (107 sq.m.) a two-bedroom suite (76 sq.m.) and a one-bedroom suite (64 or 60 sq.m.).
All the apartments were designed by world reno

Bedrooms: Bathrooms: Price (€):
1 1 42,500
Features:
Beach
City
Spa
Submission Date:
09-04-2008
Advertiser Details:


Name:
Dinara Ismanova

Company:
Afik Group

Phone:
0090 533 862 79 20
Fax:
0090 392 81547 82
Mobile:
0090 533 862 79 20

 
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Calculators

 
Property price: €42,500
 

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