Chloraka Terrace, Paphos

  • 80% non-status vendor finance
  • 2 bed 2 bath sea view apartments
  • Prices from €117,000 Sold out

Overview

A small exclusive resort having a total of only 40 Apartments and Townhouses nestling into the hillside on the edge of Chloraka Village overlooking the sea.

This peaceful retreat is ideally located within walking distance to a large supermarket, shops, restaurants, bars and only a 10 min drive to Paphos Town Centre or the beautiful Coral Bay.

The superior architectural design features natural stone and archways adding charm and character to this beautiful resort.

A free form swimming pool and sun terraces are surrounded by established landscaped gardens with seating areas to relax and enjoy nature.

All two-bedroom properties have two bathrooms and all properties have either very large verandas or terraces with unobstructed panoramic sea views.

Key Features

  • Purchase price £99,950 against 2014 tax assessed price of €300,000
  • Vendor finance over 5,10 or 15 years enabling full ownership in 4-6 weeks
  • Total input to purchase 20%, only £19,950
  • Fully Furnished, key ready for rentals or owner living NOW
  • Income generating, cash flow positive, equity driven
  • No annual tax returns required in Cyprus

Fully Managed Properties

The resort is fully managed on site. The management are renting very successfully the apartments via Booking.com and Expedia. Expedia have awarded the resort the best income growth for the area in 2016.

Non-Status Finance

Purchaser can take up an 80% (Non Status) payment plan direct with the vendor. Investors have the option to take this plan over a 5,10 or 15 year period.

Legal Title in 4 Weeks

The purchase process with full deeded title will take between just 4-6 weeks to complete. This is unheard of from an international purchase unless clients paid cash for the full amount and all associated closing costs.

Information Request

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Imagine Overseas

Email: info@imagine-overseas.com
Call Us: +44 (0)151 528 8588

54 St. James Street, Liverpool, UK L1 0AB

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