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TERSEFANOU VILLAGE - Larnaca - Cyprus
 
DPI is delighted to be able to offer its clients the opportunity to exclusively invest in Tersefanou Village in the sought after region of Cyprus. Tersefanou Village is strategically placed to provide quick access to Larnaca airport and all the amenities of Larnaca town, plus the exclusive PGA affiliated Golf Course and it`s amenities at Tersefanou.

With its 340 days of sunshine, stunning scenery, and a combination of history, culture, and modern amenities, Cyprus has long been a popular holiday and retirement destination for discerning Brits.

However, with its accession to the EU, and many other economic drivers fuelling its economy, Cyprus is now becoming an increasingly mainstream island for investment buyers. Being an island, like the U.K., land will always be at a premium. However, the familiarity doesn’t end there. English is widely spoken, and the house buying process and legal process are also familiar and easy to understand.

Situated to the west of Larnaca town, and 10 km from Larnaca International Airport (currently undergoing expansion), DPI is proud to present to the market a collection of stunning one and two bed apartments in a premier location.

Tersefanou Village itself is a typical idyllic and sleepy rural Cypriot village situated approx. 5 km inland from the nearest beach. While village amenities are basic, comprising of local supermarket and a few small restaurants, the bustling and cosmopolitan town of Larnaca is only a ten minutes drive away. Here you will find all modern amenities and conveniences, including banks, pharmacies, supermarkets, not to mention Marks & Spencers and Debenhams! This gives you the best of both worlds – a stunning, peaceful rural setting, yet moments away from modern and familiar conveniences. This location would therefore suit either someone looking for a holiday/ retirement home, or a buy to let investment.

Additionally, Tersefanou Village recently hit the headlines after it was selected as the location for a new PGA-affiliated 18 hole golf course. This is undoubtedly going to raise the profile of the village, bring in significant investment, and create a much sought-after tourist/golf destination in the years to come. The golf course will take the form of a resort with exclusive club-house, shop, library, bars, restaurants, and hotel facilities.

There is also a spa planned along with mini-market, horseriding, tennis, archery, cycling, nature trails and a selection of luxury apartments. This project is expected to be complete over a period of 5 years with construction scheduled to start in late 2007.

Anyone purchasing in this area is therefore going to benefit hugely from the business/tourists the golf course is going to bring to the village.

The Tersefanou Village Apartments themselves are situated within walking distance of the proposed golf resort, making them an attractive holiday/golf let. There are 4 x 2 bed, and 1 x 1 bed apartments available for immediate purchase. The apartments are built to a high specification with quality Italian kitchens and bathrooms and the use of a communal swimming pool.

Prices for Tersefanou Village apartments start from £75,000 CYP with the added incentive of a 5% CASH BACK

The Cypriot population is expected to triple by 2013 creating domestic demand for housing not just for new builds but also resale’s. 2.6 million tourists visited Cyprus in 2006 made of 56% British and 44% other nationalities.

Cyprus tourism has always catered to the higher end holiday maker with the cost of a holiday less economical than its Mediterranean counterparts. This has been mainly due to the lack of cheap airlines flying to Cyprus. Yet tourism and visitor statistics have shown year on year increases, so much so, that the two main airports of Paphos and Larnaca will receive over £200 million government investment to expand and advance the facilities and infrastructure. This is also to prepare the island for the likely increase in tourism as a result of both this investment and also publicity by the government to raise Cyprus’ profile internationally.

So, tourism is strong already . . . however, since the recent broadcast from Monarch Airlines about their introduction of low cost scheduled flights between Luton and Larnaca operating four times weekly, it is expected that this will open the market even further and endorse stronger visitor statistics.

FLOOR PLANS PRICES

For Further information please contact us

 
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