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The Colony - 3 Bed Individual House/Villas in Boghaz

Home » Cyprus Property » For Sale » Cyprus » Northern Cyprus » Famagusta » Boghaz » 3 Bed Individual House/Villas

Property ID: 403666

Individual House/Villa

Price : €190,000

$235,502 €190,000 £130,934

Key Features

  • - 142 % expected ROI
  • - 31 % under market value
  • - Strong growth in the local property market
  • - £ 50 million 5* Hotel Casino resort next door
  • - 5 min walk to the marina
  • - Title guaranteed in writing
  • - Local exit strategy

A 3 bed, 3 storey detached Villa brilliantly located next to a beach, marina, and state of the art golf course in the beautiful region of North Cyprus. This is a new development perfectly placed to take advantage of the increasing investment in the region.

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Full Description

The Colony is ideally located for real estate investment in an already popular and expanding region of Northern Cyprus. The site is set in beautifully landscaped grounds complete with communal swimming pools.

Why Northern Cyprus?

·         House prices rose by 46% over the three year period to 2007, the average price rise in value of land for the same period was 417%

·         Northern Cyprus enjoys a warm climate with 320 days of sunshine every year

·         British Airways fly direct to Cyprus every day

·         There is currently a shortage of available land for development

·          It is predicted that in 5 years time zoned land for investment will have run out

·         The legal system is based upon British common law

·         The government is encouraging the development of Northern Cyprus as an international fiscal and business centre, with intensive UK and US investments helping to support regeneration projects.

 The Colony is an off-plan opportunity with completion scheduled for February 2011.

 

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All investments bear varying degrees of risk. TheMoveChannel.com strongly discourages you from making any investment decision based upon information that you cannot independently confirm and strongly recommends that you seek advice from a qualified financial advisor or solicitor before you make any financial investment.

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