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Apollon Holiday Village >
Location: Northern Cyprus - Cyprus
Property Reference: PA53-AZU2Z8X
Price: £54,950
The Brief:
An off-plan apartment complex consisting of 1,2 and 3 bedroom apartments. The development offers affordable luxury and strong investment potential in the beautiful surroundings of Kyrenia; a traditional Cypriot township steeped in history and rich in culture. Read on to find out about the investment opportunity and the properties themselves.
The Property in Brief:
Luxurious decor and finishes Ample underground parking Within range of areas attractions
The Property in More Detail:
Located in the main coastal town of Kyrenia in Northern Cyprus, the Kyrenia apartment complex is a superior project, designed to provide a life of luxury for its fortunate inhabitants. The complex comprises two buildings with underground parking and a swimming pool, high specification one, two and three bedroom apartments with fantastic amenities, plus penthouse flats and two poolside duplex units.
The Opportunity in Brief:
(?) Guaranteed 10% rental yield for 2 or 4 years optional (?) Impressive annual growth projections after completion (?) Fantastic holiday home investment
The Opportunity in More Detail:
The Kyrenia apartments are among the finest holiday home investment properties on the global market. The guaranteed 10% yield gives currently cautious investors a 4 year safety net while Cyprus and Kyrenia continue to grow into a fantastically popular holiday destination. Bolder pure investors will take the guaranteed yield for only the 2 year option, because it is fairly safe to project more than 10% yields to be achievable after the 2 year term.
On top of the incredible holiday home that makes a solid income on the side, by the time these apartments are completed they are expected to be a solid capital investment also; growing by at least 10-15% per year for at least the subsequent 5 years.
The Location:
This truly unique apartment complex is situated in the heart of the historic town of Kyrenia, just 800 meters from its beautiful harbour and modern yachting marina, and overlooked by the majestic Kyrenia Castle. The Kyrenia complex is within a few minutes' walk of the numerous restaurants, markets, cafes, casinos bars and shops, which line the cobbled stone streets and alley ways of Kyrenia.
The Kyrenia complex is a 2 minute drive from the sea-front, 35 minutes from Arcan Intl Airport, 20 minutes from Nicosia, and within a short drive of many of Kyrenia and Northern Cyprus' other attractions.
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Please Note: All property information is submitted to this website by Azure Overseas acting as agent for the developer or sub-agent in some cases as well as private sellers and is true at the time of submission.
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