Property experts project an Annual rate of return of :
15.00%
the return on your investment in one year:
€15,000
For further reading on "property market in Cyprus" visit EMP Advisers website.
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Located in the thriving town of Paralimni on the east coast of Cyprus
The complex consists of two blocks, each with a choice of one, two and three bedroom apartments
One block houses 20 apartments and the second comprises 14 apartments set around the communal swimming pool
One-bed apartments start from CYP59, 000.
Total build area in m2 range from 62.32m2 to 69.20 m2
Two-bed apartments start from CYP79, 000
Total build areas range from 70.02m2 to 121.68m2
Three-bed apartments start from CYP99, 000
Total build areas range from 92.82m2 to 137.22m2
Total build areas included covered/uncovered verandas. Ground floor apartments also have gardens.
Low deposit of 20% and mortgage funding available up to 80% of the purchase price for up to a 30-year term
Investment points
Great climate- 340 days of sunshine a year
The rental market is booming with no commission by a real estate agent who takes a fee for renting your home
With prices as much as 40% cheaper than Spain - and without the reputation for being spoilt by Brits or being overcrowded
Cyprus was recently ranked ahead of Belgium, France and Germany in an Economist magazine 2005 worldwide Quality of Life Index
