Katerina Heights Pre Release

A superb opportunity presents itself with this superb exclusive project in Pernera in the Famagusta area of Cyprus. What makes this an exclusive project is that the building percentage in this area has recently been reduced by 50% and there is almost no land available for development in this area. The location of the project has many obvious advantages. For a start, the site itself is very elevated, it is the highest point in the area and most of the houses will have excellent sea views. The project itself is located just 400m from the Golden Coast Beach and fishing harbour. The local council have recently publicly announced that the harbour will be developed into a marina (which will be about 10 times the size of the existing harbour) and there will be a commercial area with restaurants, shops and cafes.

On the other side of the project, there is the resort of Pernera (about 10 mins walk from the development) which hosts a large selection of restaurants, bars, shops, bakeries, banks etc.

This is one of our most popular areas for villa rentals. The Golden coast Hotel is very famous for British weddings and so we arrange a lot of villa rentals for wedding parties in this area.

As this is a pre release project, you will be benefitting from Pre Release prices, but the information will be limited. For more information on this project, please contact us.

Up to 80% mortgages are available on this project.

10 Good Reasons to buy in Cyprus

1. Cyprus has undergone vast changes in recent years, commanding high returns on capital and rental returns. It is one of the best countries to currently invest in.
2. Cyprus is the third largest Mediterranean island after Sicily and Sardinia, and is a place of outstanding scenic beauty, ranging from stunning sandy beaches and fertile olive groves to medieval castles and Roman temples.
3. There are a large number of flights to Cyprus each week so it’s easy to reach and it is reported that low-cost airlines Easyjet and Ryan Air will be offering a regular service too, very soon.
4. There is a very low crime rate so security isn’t an issue.
5. Cyprus offers a typical Mediterranean climate of all-year-round sunshine, very little rainfall and temperatures that rarely going below 15°C even in winter.
6. Cyprus is a real home-from-home with a distinct British influence, a large expat community, English is widely spoken and you even drive on the left!
7. Cyprus is an ideal place to retire as it offers a number of tax advantages. For example, non-Cypriot individuals residing in Cyprus pay just 5% income tax.
8. Cyprus has a low cost of living so your money goes further, and it’s adopting the Euro from 2008.
9. Cyprus gives you the opportunity for all-year-round golf with three superb courses on the western side of the island and a brand new one underway in the east.
10. With its endless sunshine and very little rain, captivating mix of old and new, and relatively low cost of living; it’s no wonder more and more northern Europeans are making this their first choice for holiday or permanent homes.

In addition to this, there are also finance options up to 80% LTV with these properties.