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  • Northern Cyprus
Price £27,000
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Property Description

Location, location, locationWhere 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.Located at Bogaz, Famagusta, North Cyprus.An excellent investmentA unique site full of attractionsOpportunity for renting to studentsOne of the only sandy beaches in the regionJust a 5-minute walk from Sandy beach (600 meters) Terrific locationStudio, one bedroom and two bedrooms apartments10-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.40 minute drive from Ercan Airport 45 minutes away from Larnaca Airport 30 minutes from Bafra An Excellent InvestmentA 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. 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.SpecificationElevator for each buildingOptional storage rooms for each apartment 5-year structural guaranteeFree-hold title Reinforced concrete frame construction with double cavity wallsTop ceramic flooring throughoutSpacious lounge with large terraceLaminated kitchen cupboardsDouble-glazing fitted throughout14,000 sq.m. of landscaping and lawnsCentral sewage system Garage parking (indoor and outdoor)Central TV and satellite connectionExternal walls built of reinforced concrete with a painted plaster finish One, two and three-bedroom apartments + luxury Penthouses availableRoofs insulated against water and heatCompletion date - 24 monthsOptional: Central a/c, white goods package, furniture, central heating.

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