BMV Property Investment Deal in Peyia, Paphos, Cyprus

 

 
Property Ref: Peyia050809/98
Deal Status: Available
   

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

For more information on this property deal call John on
(+44) (0)1275 846662 or use our contact form

Below Market Value Property Deal

Valuation of €98,000 - Available for €60,000
39% Discount on this Property!
€Register/Login Cashflow p/m
€56,000 Equity on completion
€23,855 Cash investment required!
Deal Incentives
  • Lettings Managed Option
  • Positive Cashflow

Key Features

IDEAL HOLIDAY LET ~ Set in one of two adjacent blocks this 1-bed, 1st-floor apartment enjoys a private roof terrace leading via a spiral staircase from the sun-balcony, which faces the pool. Already fitted with fridge/freezer and washing machine you will need to invest up to 4,000 euro to finish furnishing. The popular Coral Beach is within 2-mls and Paphos Town is just a 10-minute liesurely coastal drive to the east. Paphos also enjoys a newly completed International Airport.

Aspect
  • Facing Sea
  • Facing South

Features
  • Balcony
  • Double Glazing
  • Fitted Kitchen
  • Good Decorative Order
  • Lift
  • Roof Terrace

Pool
  • 1 Pool
  • Changing Room
  • Shared
  • Showers
  • Toilets
Local Amenities
  • Bars
  • Beach
  • Bus Route
  • Local Shops
  • Restaurants
  • Taxis
  • Town/City Centre

Financial Breakdown & Particulars
Target Rent
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Valuation
€ 98,000
Purchase Price
€60,000
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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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 €56,000 with a total cash investment by you of €23,855*

Mortgage applicants combined income should be in excess of £25,000 pa

* (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.