We launched our new Golf development in Tersefanou to our existing clients over the weekend and had a terrific response.
In outline, the development is a mixed complex of 80 apartments and 26 villas with
- 3 communal pools, gym
- tennis court,
all located on a ridge overlooking the PGA 18-hole signature golf course backed by the European Golf Federation at Tersefanou in Larnaca District. The golf course will feature:
- a clubhouse and country club multiple restaurantsa retail villageentertainment areaequestrian facilitieshealth spahelipad
- tennis courts and sports fields
as well as villas selling at over CYP 3000 per m2 (compared to this development at CYP 955 - 1495 per m2). The golf course is due to begin construction next year with a completion date of 2008, well before the completion on the project, even allowing for any delays. The project completes in mid-2010 although the exact date has not been finalised as yet. The rental potential will also be very strong given the proximity to the airport and the draw of the golf course which will extend the rental season through the winter. Deposits are 20% with 80% LTV. For further details contact Kate in the Liverpool office on 0151 482 5526
http://www.investincyprus.com/
