BMV Property Investment Deal in Peyia , Paphos, Cyprus

 
 
Property Ref: Peyia/BLOCK/060409/599
Deal Status: Available
   

Vacant Properties are available to buy as a home - contact us for details

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Below Market Value Property Deal

Valuation of €599,000 - Available for €419,300
30% Discount on this Property!
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€305,550 Equity on completion
€176,420 Cash investment required!
Deal Incentives
  • Lettings Managed Option
  • Positive Cashflow


Key Features

SOLD AS BLOCK OF TEN / SOME FURTHER PRICE NEGOTATION MAY BE POSSIBLE ~ with the possibility to let via a leading Holiday Agency, these 10-studio apartments are on a private development located on a pleasant hillside just outside Peyia. The Village Center is 5-mins walk with all amenities. The famous Coral Beach just a 5-min drive and the ancient bustling town of Paphos 15-mins drive. It would require c. 40,000 euro to fully furnish and air-condition the block of ten apartments.

Aspect
  • Facing Sea
  • Facing West

Features
  • Balcony
  • Double Glazing
  • Fitted Kitchen
  • Patio

Pool
  • 1 Pool
  • Shared

Local Amenities
  • Bars
  • Bus Route
  • Local Shops
  • Restaurants
  • Taxis
  • Town/City Centre


Financial Breakdown & Particulars
Target Rent
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Valuation
€ 599,000
Purchase Price
€419,300
Yield
4%
Mortgage Loan
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Mortgage Payment
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Deposit Required
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Valuation Fee
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Stamp Duty
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Legal Fees*
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Finders Fee*
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Packaging Fee*
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Broker Fee
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Title Fee
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Reservation Fee
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Particulars
Postcode: Register/Login
Land Title: Register/Login

Equity on Completion €305,550 with a total cash investment by you of €176,420*

Mortgage applicants subject to status

* (excluding VAT, Stamp Duty if applicable and legal disbursements)

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Disclaimer ~BMV Property Investment Deals is the trading style of Property Angels International. BMV Property Investment Deals, their partners, affiliates, officers, employees, agents, contractors, successors and assignees do not accept any liability for any investment decisions made on the basis of, arising out of, or in any way related to, the use of information contained in this email. All information and services provided do not constitute financial, investment or tax advice and should not be taken as such and you are urged to obtain professional advice before proceeding with any investment. Information is presented in good faith as our partners provide it to us but we cannot vouch for its accuracy nor can we be held responsible if such information is deemed to be inaccurate. No responsibility is accepted by BMV Property Investment Deals for any reservation refund guarantee as provided by any partner and in all cases any refund or recourse for a refund is solely with that company. BMV Property Investment Deals is not a licensed investment advisor or licensed estate agents nor authorised by the Financial Services Authority.

Property Misdescriptions Act 1991
In accordance with the Property Misdescriptions Act 1991, these sales particulars are for general guidance purposes only. They do not constitute nor form part of an offer or contract. No structural survey has been carried out. All photographs, descriptions and investment details are given as a guide only, and must not be relied upon. Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked and confirmed by your solicitor in the usual way.

Mortgages are subject to status and your property is at risk if any loan is secured upon it.