Top Agents : Cyprus Peyia Investment Properties

An Excellent buy to turn opportunity.

Located in One of Paphos most sought after locations we are pleased to offer a development of Studio apartments, completion is set for Dec 2007. Prices are at least 20% below Market Value and the project offers the chance to make returns of around 76% net in a time scale of 12 to 14 months.

This type of investment has become very popular in Cyprus the previous project was over 90% sold In 10 days. The idea is to purchase a unit/s without ever intending to take possesion you pay a 30% deposit and re-sell 12 months in to a 2 year build timescale, you then benefit from the capital growth estimated at around 10% and the 20% below market value purchase price.

You can off course decide to keep and sell nearer to completion offering higher returns however you would need to budget for a further payment instalment of 60%.

Another option is to buy and take possesion and offer for rent in 2007 the estimated monthly income would be around £250 Cyp

This selection of studio apartments is located in the village of Peyia approximately 15 minutes from Pafos town and close to the beautiful beaches of Coral Bay. Each apartment has open plan living areas, a bathroom, a veranda and uninterrupted sea views. There is also a communal pool and private parking. Ideal for first time buyers as a permanent residence, as a holiday home or a buy to let investment.

14km northwest of Paphos and 3km north of Coral Bay lies Peyia one of the most popular residential villages in Cyprus it has, a number of good cafes and tavernas, Peyia village overlooks the sea and the views down across the valley and along the coast are simply stunning.

Pegeia is ideally located within Paphos and is a wonderful location to explore this fantastic region of Cyprus. The beautiful sandy beaches, the crystal blue sea and the peculiar rock formations are unique to the area.

Local amenities and sports include cycling, tennis, horse riding, paragliding, go-kart