The Marina Village of Latchi in Cyprus is experiencing the start of a ‘Property Boom’. Over the last few weeks the government has confirmed the go ahead for A Brand New Marina, 2 New 18-Hole Golf Courses and a New Motorway Extension from Paphos International Airport. This will cut the travel time from the airport in half from 40 minutes to 20 minutes. As a result property prices are expected to rise sharply in the short term.
Until recently Latchi has remained one of Cyprus’s best kept secrets. It is one of the last authentic Cypriot Marina Villages, with the best fish restaurants on the island and some of the most expensive property too. Its home to the Most Exclusive 5 Star Hotel in Cyprus, the Anassa and the legendary Baths of Ahrodite. News of the New Motorway Extension sent property developers scrambling to Latchi only to find that the government is allowing a select number of resorts to be built that will ultimately benefit from the 2 New 18-Hole Golf Courses and New Marina.
We are pleased to announce that the first 5 Star Luxury Apartment Resort to be released in this New & Untouched Market is Latchi Panorama, a Luxury Apartment Resort with Uninterupted Panoramic Sea Views from Every Apartment.
Consisting of luxury apartments with Roof Top Spas & BBQ’s the resort will have Swimming Pools, a Restaurant, Bars and an On Site Rental Office.
The Main Facilities and Amenities for Latchi Panorama are the following:
1. 24 Hour Gated Community
2. Communal Outdoor Swimming Pools
3. Indoor Heated Swimming Pool
4. Fully Equiped Gym
5. Games Rooms
6. Water Features
8. Bar & Cafe
9. Concierge Service
10. On Site Rental Management Office
11. Landscaped Gardens & Walkways
12. Underground Parking
Property in the resort will provide investors with strong capital growth and high rental returns at this very early stage of the market. Property in Latchi is some of the most expensive on the island. The reason for this is that most of the new properties in Latchi are large beach front villas which sell for up to €2 Million. This is about to change. The developer for Latchi Panorama will be releasing the only 5 Star Luxury Apartment Resort. Prices will start at GBP £99,000 and only 5% Deposit (£4,950) is Required.
The Main Investment Points for Latchi Panorama are the following:
1. New & Untouched Market of Latchi
2. Unhindered Panoramic Sea Views from Every Apartment
3. Views over Polis & Latchi
4. 2 New 18 – Hole Golf Courses
5. Brand New Marina in Polis
6. Extension of Latchi Marina
7. New Motorway Extension from Paphos International Airport
8. Only 15% Deposit till Completion
9. 1 Bedroom Apartments from GBP £99,000
10. 0% Commission to Resell Property
11. 80% Mortgage with 3.75% Variable Rate
12. Fully Managed Rental Program
13. 196% Return on Investment
14. 10% Pre-Release Discount