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Apollon Holiday Village >
Location: Northern Cyprus - Cyprus
Property Reference: PA53-AZU2Z9T
Price: £45,750
The Brief:
SeaTerra Reserve is a luxury gated development of garden and penthouse apartments located in a truly exclusive setting. Sitting amongst a mountain side conservation area, with unmatchable protected views of the Mediterranean Sea, this complex really does offer you the unspoilt Med.
The Property in Brief:
• High standard finishes throughout • Sea-views from all apartments • Management and maintenance company on site 24/7 • 10 minutes from a championship level golf course • Landscaped gardens and impressive facilities
The Property in more Detail:
Consisting of just 200 apartments spread thoughtfully across the complex, SeaTerra provides privacy and undisturbed views for all. The complex has a unique location; positioned amongst a government conservation area the surrounding forests cannot be developed. Sea Terra reserve residents will enjoy: the breathtaking views of the mountains, sea and lush vegetation that sweeps above and below the complex.
The complex also has an impressive array of facilities, including: indoor, outdoor and children's swimming pool, sauna & Jacuzzi, fully equipped gym, restaurant & bar, games suite with pool table and amusements, mini Golf and Children's play area.
The Opportunity in Brief:
• Protected area means no over-development • Cyprus tourism growing; expected rental yields 6% - to grow rapidly • Low prices means significant room for growth to Italian levels The Opportunity in more Detail:
Apartments in such a secluded area of, say Tuscany are regularly being sold for the £100,000 - £300,000 bracket, depending on exact location and quality of the apartment. Sea views from each apartment on the complex. This leaves masses of room for growth on the Sea-Terra reserve, where its protected status will make sure demand remains high by preventing over-development.
Cyprus tourism is growing rapidly, but it is still a fairly young market. Rental yields on a property such as SeaTerra are expected to start at 6%, growing in line with tourism to the area.
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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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