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Villas in Northern Cyprus for Sale

Ref 208/03

Technical details and construction materials:
Natural stone walls
Wooden windows and shutters
Tiled stairs and wooden rails
Natural wooden finish
Marble floor
Ceramic tiles
Plastic water pipes
2 tonne water tank and a hot water tank
White sink and toilet
Electrical parts
Good quality and stylish kitchen cupboards, work surfaces
Three level plasters on the walls
Good quality interior and exterior wall paint
Concrete base, sloping tile roof
Large gardens with fertile red soil
Drinking water supply
Electricity, water, road and telephone infrastructure provided

Registration procedures are undertaken and houses are registered when the contract requirements are satisfied by both parties

Payment terms:
The house prices range from £33,500 to £50,000 depending upon the type.
B type is currently at £47,500 (Click here for more details)
D type at £33,500 (Click here for more details)
E type at £35,000 (Click here for more details)
F type at £48,500 (Click here for more details)
G type from £44,500 to £50,000 (Click here for more details)

The customers are required to pay the total amount on the contract over a 30 month period. The cashdown amount is £5,000, which is paid when the contract is signed by the two parties. Reservation is possible for £1,500 for the period of 1 month and not refundable if the customer changes his mind.

The construction period will be two years, starting in Novemebr 2003 with expected completion in Novemebr 2005.

Additional costs NOT included in the price:
Electricity transformer fee (£800)
Distillation system fee
Electricity connection fee (£120)
Water connection fee (£120)
Stamp Duty (6%) - £950
VAT (5%) £300

The valuation will be caried out by relevant government offices, the amounts in brackets are estimates, based on previous completed sites on this development)

Additional Information:
This site is positioned on 25 donums of land and to the south of already built houses on previous sites. The Magusa - Karpas road is along the north of the previously built sites. The beautiful beach and marina of Yeni Erenkoy are located only 100 metres to the north of the site. A wide natural green valley is to the east of this development. It is situated on the southern part of the mountain that leads to Sipaahi village with its typical Mediterranean flora (primarily olive and carob trees). A forest area which belongs to the government and is forbidden for construction, is to the east of the development. This development is located along the valley and on the mountain slopes in order to provide beautiful mountain and sea view for each house.

Distance from main centers
The development is located 2 km east of a small fishing village Yeni Erenkoy
The distance from Lefkosa (Nicosia) to Yeni Erenkoy is 112 km
The distance from Magusa (Famagusta) to Yeni Erenkoy is 60 km
The distance from Ercan airpoert to Yeni Erenkoy is 103 km
The distance from Gecitkale airpoert to Yeni Erenkoy is 70 km

The affordable prices of the houses on this development makes it an ideal holiday home for people who like fishing, sailing and tranquility. The local fishing market and small shops are only 2 km away.

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