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Develop 24,700 sqm Prime Beachfront Land in Karsiyaka Kyrenia

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Reference: KARS1434LAN
Price: £647,000 / €884,708
Location: Karsiyaka
Property Type: Land for sale
Category Of Property: Beachfront Property, Investment Property
Completion Status: Off Plan
Floor: 2
No of Units In Estate: 1-20
Furnished: Empty
Swimming Pool: Optional extra
Security: 24/7 Security Provided
   

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Description
Prime development land in North Cyprus situated at Karsiyaka beachfront within easy reach of local amenities and town centre. The plot is literally beach-facing and there are absolutely no high-rises in the area. This part of Kyrenia is a well established district and highly regarded. Karsiyaka – 57% four floor building permission max, 50mtrs from the sea, fine pebble beach, electricity 20mtrs away. The area has all emenities within walking distance as well as electricity and water supplies. Please see below an investment proposal in briefConceptLuxury gated complex blending in with traditional surroundings albeit offering above average quality and comfort (without pricing it out of market)Luxury 3 Bedroom Beach Villas at the front row, Large Communal Pool in the middle with canals and walk-bridges connecting apartments in the background. Facilities to include - large pool, fitness centre, amphi-theatre for entertainment areas, concierge service and 24/7 security Modern design is preferrable FinancingLand should be secured outright and the development to be financed via off-plan sales. Different finance options to be provided to buyers recognizing the fact that initial buyers will be investors seeking to grow capital within 12 - 18 months. Marketing & SalesPlace Overseas UK Sales Office will oversee initial sales to project completion. Marketing will be via National press in the UK, Ireland and Scandinavian countries, City Seminars and Existing client base. Sales out period expected - 12 Months Financial Indicators to be finalized however ROI expectation is c170% within 12-18 monthsInvestor Proposal Project management, marketing & sales will be taken over by Place Overseas Ltd. Pay back period is expected to be 18 months.The joint venture will be conducted through a Cyprus Limited Company with an escrow account set up with the company solicitor. Investors initial investment will be secured on the land acquired and hence risk exposure reduced to a negligible level, considering that land prices are on the increase near Kyrenia. Offer Closure Date 30 June 2007 Please register your interest by filling in the form below and we will contact you for a detailed discussion.Thanks a lot.Please click on the link below to review details of a similar land development project in North Cyprus Karakum with financial indicators calculatedDevelop 10,720 sqm Prime Land at Kyrenia Beachfront 2 Min To New Port 5 Min To Kyrenia Town Centre
Prime development land in North Cyprus situated at Karsiyaka beachfront within easy reach of local amenities and town centre. The plot is literally beach-facing and there are absolutely no high-rises in the area. This part of Kyrenia is a well established district and highly regarded.

Karsiyaka – 57% four floor building permission max, 50mtrs from the sea, fine pebble beach, electricity 20mtrs away.


The area has all emenities within walking distance as well as electricity and water supplies.

Please see below an investment proposal in brief

karakum_beachfront_investment_concept.jpg

Concept

Luxury gated complex blending in with traditional surroundings albeit offering above average quality and comfort (without pricing it out of market)

Luxury 3 Bedroom Beach Villas at the front row, Large Communal Pool in the middle with canals and walk-bridges connecting apartments in the background.

Facilities to include - large pool, fitness centre, amphi-theatre for entertainment areas, concierge service and 24/7 security

Modern design is preferrable


Financing


Land should be secured outright and the development to be financed via off-plan sales. Different finance options to be provided to buyers recognizing the fact that initial buyers will be investors seeking to grow capital within 12 - 18 months.



Marketing & Sales

Place Overseas UK Sales Office will oversee initial sales to project completion. Marketing will be via National press in the UK, Ireland and Scandinavian countries, City Seminars and Existing client base.

Sales out period expected - 12 Months


Financial Indicators to be finalized however ROI expectation is c170% within 12-18 months


Investor Proposal

Project management, marketing & sales will be taken over by Place Overseas Ltd. Pay back period is expected to be 18 months.

The joint venture will be conducted through a Cyprus Limited Company with an escrow account set up with the company solicitor. Investors' initial investment will be secured on the land acquired and hence risk exposure reduced to a negligible level, considering that land prices are on the increase near Kyrenia.

Offer Closure Date 30 June 2007

Please register your interest by filling in the form below and we will contact you for a detailed discussion.

Thanks a lot.


Please click on the link below to review details of a similar land development project in North Cyprus Karakum with financial indicators calculated

Develop 10,720 sqm Prime Land at Kyrenia Beachfront 2 Min To New Port 5 Min To Kyrenia Town Centre







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