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Villas in Northern Cyprus for Sale

Ref 207/03

Property details:
£45,000

3 Bedrooms with Master suite (inc. bathroom)
135 m2 size
Fitted kitchen and wardrobes (customer will be offered a choice)
Tilling

Extra materials and costs example:
Fire place - £800
Shutters - £1,300
Barbeque - £500
Double glazing - £400

Prices vary depending upon the year of the completion:
Stage one (1 year completion) - £65,000
Stage two (2 year completion) - £70,000
Stage three (3 year completion) - £51,000

Payment terms:
£15,000 - £20,000 initial deposit is required
The rest is paid by monthly instalments during the construction period.
The construction firm also offers the mortgage facilities (maximum 14.5 years); please ask for details of their schemes.

Additional information:
This is semi-detached villas development which is located 20 minutes from Famagusta and offers fantastic sea and mountain views. The beach is only 100metres away, several restaurants within a short drive, Salamis ruins are 15 minutes drive away. This development will offer it's residents shared swimming pool facilities.

The villas are of good quality with prices lower than in Kyrenia. Famagusta is becoming very attractive with the construction firms, because the land is still cheap here, compared with more developed areas of North Cyprus. Property in this region could grow in value in future faster than in other areas of the island as it is reasonably priced at the moment.

The development will be completed in three stages in three years. Besides the swimming pool the site will also have a café, market and a playground area. The plan of the site is attached. The houses coloured in brown will be completed by the end of 2004, in yellow – by the end of 2005 and in blue by the end of 2006. The previous similar developments of this construction firm could be seen on the photos above. Early reservations are advisable as only few villas are remaining in phase 1.

Please note, we also have other villas in Famagusta area with the price range £40,000-£125,000. Please contact us for details.

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