For Sale   >   Cyprus Flag  Cyprus   >  Pafos  >  Lachi
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  • €902,941
  • 3 bedrooms
Lavish and luxurious living beckons you to these outstanding Cyprus properties just off the coast of Latchi. The stretch of the Latchi coast boasts a yachting marina and a short drive inland brings you to the superb Tsada Golf Course and the untouched terrain of the Akamas Peninsula, mythological baths of Aphrodite and National Park.

With four different villa types to choose from, villas complex is made up of 17 detached three bedroom beachfront homes on large plots of land with private swimming pools built to the highest standards combining functional living and an attractive presentation. The architectural style of the villas is simple with a traditional Cycladic Greek-island influence of arches and shutters including a rooftop pergola where you can soak up the sun.

The complex is designed to include unobstructed sea views and the views will never be ruined, nothing can ever be built in front of the villas. At the moment there is a quiet road separating the villas gardens from the sandy beach. The council have stated that the road will be taken away and be made into a cycling and pedestrian zone.

It takes around 40 minutes to drive to Latchi from Paphos but the last section of motorway in Cyprus connecting the two towns will be started early 2008 cutting down the travelling time to 20 minutes. 15 minutes away just before you reach the village of Argaka there will be a golf resort and marina complex built, this will give a possible 12 month rental opportunity. The golf season in Cyprus is between October to May, along with the very low building density of the area which means it will never get over developed. Therefore the demand will all ways be higher than the supply. The villas are only a very short walk away (3 minutes) from the tavernas, bars, art galleries and gift shops.

Due to all that reasons the estimated property value increase is 60-70% within 3 years. The current 220 EUR/week rent for villa will increase till 400 EUR/week with a minimum guaranted 20 weeks per year rental period.

Villa area 389 sq.m. Land plot 763 sq.m.

There is a large basement which is the same size as the living area. The basement is left empty, but there is a shower downstairs arranged. The owner might decide if to convert this area into living accomodation or the games room and gym. This will help with rentals. It will be easy to change. There are windows all around the basement, the same as ground floor.

Villa delivery – 24 months after signing the contract.

Contacts:
Sarunas Papinigis
RE/MAX Home4U
.home4u.lt
sarunas.papinigis remax.lt
+37067793701
+37052720067
Lavish and luxurious living beckons you to these outstanding Cyprus properties just off the coast of Latchi. The stretch of the Latchi coast boasts a yachting marina and a short drive inland brings you to the superb Tsada Golf Course and the untouched terrain of the Akamas Peninsula, mythological baths of Aphrodite and National Park.

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