Turn Key Luxury Real Estate Development For Sale

Business description

This is an excellent turn key opportunity for an ongoing development of 17 luxury stone villas with sea and mountain views. The project is currently in Phase 1, and is being marketed as a turn key investment opportunity. The development is located on the island of Cyprus, a tourist mecca for the UK and Europe. It is situated less then 10 minutes from the beach half way in between two of the most popular tourist destinations on the island, Lachi Beach and the baths of Aphrodite, and Coral Bay. The sale includes 4 completed luxury stone villas with swimming pools ready to sell, 4 completed skeletons and foundations for the next phase of development, Building permits, certifications Architectural renderings, plans, and specs for 17 villas of 4 different styles, The land on which the project sits, as well as Completed infrastructure on the property. Cyprus is home to a tremendously strong real estate market, these villas range in price from 300,000 to 400,000 euros, at discounted pricing. This is a great opportunity for a qualified investor to enter the real estate market in one of the world's premier tourist destinations. English is spoken on the entire island due to the high influx of UK citizens visiting for vacation. The villas feature verandahs, swimming pools, and breath taking views. The project is ready to move to the next phase. Cyprus is a popular tourist destination for Russians, Europeans, and Middle Eastern Countries, as well as many others.

Property information

Real Estate:

Real Property Included

Location:

A beautiful project in the hills of Paphos, Cyprus. Nestled in the village of Innia, with views of the sea and mountains, and situated conveniently half way in between the beach resorts of Polis and Coral Bay. There are four types of villas consisting of two and three bedroom orientation, featuring individual bathrooms, private swimming pools, garages, and private garden areas.

Planning consent:

The building permits and licenses have been received for the completion of the entire 17 villa project.

Business Operation

Expansion potential:

The project as it stands is planned to expand to 17 completed units. The development is being sold as a turn key investment opportunity with the intention of the continuation of development. The project as it stands includes 4 completed villas ready to sell, and 4 completed foundations and skeletons. The planning includes an additional 9 full units, plus the completion of the existing 4 skeletons.

Competition / Market:

The project is located in the serene setting of Innia Village. The village is a strong agricultural community situated off the main road connecting Polis and Paphos. Polis is home to some of the world's premier resorts, as well as the baths of Aphrodite. There are few if any competing projects in the area.

Years established:

2

Other information

Support & training:

Post sale support is available and can be discussed. Construction services can be offered for the completion of the project if suitable to the buyer. That would entail a separate development contract.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

To Be Discussed

Related documents:

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• Turn Key Investment Details

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• Site Layout