Property for sale
FRONT LINE SIGNATURE GOLF - AT GIVEAWAY PRICES.
IF YOU ARE INTERESTED IN ONE OF THESE APARTMENTS OR WOULD LIKE MORE INFORMATION, SEND AN EMAIL TO: barry@wealthshare.co.uk
STRUGGLING DEVELOPERS MEAN GREAT OPPORTUNITIES - BUT BUY CAREFULLY.
Success breeds success and after so many years as a professional investor I get some amazing deals come across my desk each week. Deals that the average investor would kill to get a hand on. As a member of the “Barry Tyler Inner Circle” you will be delighted to know that I will be sharing many of these deals with you on a regular basis. I do not have the time, or indeed the inclination, to get involved in every deal that comes my way so this is a fantastic chance to cherry-pick the ones that best fit your own personal investment strategy. This week I was offered the chance to buy 2 - bedroom apartments on the front line of a signature golf course in Spain.
ISN'T SPAIN OVERSUPPLIED WITH PROPERTY DEALS AT THE MOMENT?
Many parts of Spain are massively over-stocked with poorly built property that no one wants. Meanwhile, other parts are very much sought after and the opportunity to get front line on a signature golf-course is very rare. Provided there is strong rental demand the only question is price.
HALF THE PRICE OF SIMILAR DEALS THAT WERE ON THE MARKET LAST YEAR.
Whichever country you look at, All developers are struggling at the moment, so it’s all a question of getting a great price. As a property investor you know that the first tranch of property a desperate developer sells will always be the cheapest. If the bank is on his back he needs to raise money fast but as sales progress the cost of future sales will always be higher.
OTHER DISCOUNT FOR OWNERS INCLUDE 50% DISCOUNT ON GOLF PACKAGES AND 50% DISCOUNTS ON RESTAURANT BILLS.
WHAT'S THE DEAL?
What’s on offer is a "bank encouraged" deal (meaning the developer is desperate) to purchase a two-bed apartment on a recently completed signature golf course in Murcia, Spain.
A front line apartment costs £87,000 or a garden facing apartment costs only £83,000 based on £1 = €1.15. Other benefits include:
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Free legal package worth £1,000.
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Choice of front line or garden.
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White goods included in the deal.
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Rental packages (up to 6% yield).
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50% discount to owners on green fees and restaurant bills.
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Access to five other golf courses
The development and the golf course were completed at the end of 2009 so you can visit the development and see exactly what is on offer.
HOW MUCH WILL I NEED TO PUT INTO THE DEAL?
Mortgages are available from between 70% and 90% meaning you will need very little capital.
Spanish mortgages with rates from 3.5% are already in place for these properties.
Other Features:
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Very limited availability.
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30 minutes from airport.
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10 minutes from beach.
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Secure gated community.
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Excellent security features.
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Mortgage rates from 3.5%.
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Half the price of similar deals.
AN AMAZING DEAL BUT ONLY 20 AVAILABLE.
Spain is ripe for bargain hunters right now but you must choose a quality build and a quality location. This is an opportunity to buy at half the price of similar deals and the bank will confirm that it has these properties on its books at double the offer price. This is a finished development meaning there are no worries over whether it will be built or whether the quality will be as you expected. The stunning signature golf course is now open and fully operational.
This beautiful 2 bedroom apartment faces the landscaped gardens
and has huge roof terraces with stunning views.
HOW MUCH DO THEY COST?
PRICES AS OF JANUARY 2010
FRONT LINE GOLF APARTMENTS ONLY £87.000
GARDEN FACING APARTMENTS ONLY £83,000
DEPOSIT REQUIRED = 30% Based on current exchange rate of @1.15
WHAT DO I DO NEXT?
IF YOU ARE INTERESTED IN ONE OF THESE APARTMENTS OR WOULD LIKE MORE INFORMATION, SEND AN EMAIL TO: barry@wealthshare.co.uk
BARGAIN OF THE MONTH!!!
ARE YOU LOOKING FOR A GENUINELY DISCOUNTED DEAL IN CYPRUS?
I am always being asked "tell me if you see something good next time you are in Cyprus". Developers are often willing to negotiate a substantial discount on a few properties in each development even if they won't discount them all. This section of the web site enables me to point out any deals that I think are well above the average. The discounts and special terms are shown below and you will deal directly with the developer in order to gain the maximum discount. If you have any questions on these developments or want any background information please do not hesitate to drop me an email as I have walked these sites and now the plots and the local area.
You don't have to spend a fortune to add a Cypriot property investment to your portfolio - after all, the beaches are the same whether you spend a king's ransom or opt for something more modest.
Listed below are five properties in one development that I think offers stunning value for money, high build quality and a genuine discount on what other properties in the same development have already sold for. This way you know you have a genuine discount. I have earmarked five of the very best in this development, all of which are on the second floor to optimise the views. Four of the five properties have sea views.
The bottom line is these are genuine discounts on what these properties are currently selling for. The bad news is that they are selling well so the developer is prepared to offer only five of them at this reduced price so it really is down to you to reserve your favourite before they go.
WHAT MAKES THIS "DIRECT WITH THE DEVELOPER" DEAL SPECIAL?
This offer means you save in 10 different ways:
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No finder fees - direct with developer price.
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Genuine developer discount on current selling price.
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Only 15% down - now with only 10% required on exchange.
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Easy payments - 10% now and 5% on completion in two years.
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A 5% developer cash back.
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Mortgage deals already in place - 80% mortgage based on Eurobor plus 1.75%.
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4.75% rental guarantee on mortgage value.
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2 years with nothing to pay.
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Once 2 years is up you then go onto 5 years interest free.
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The price includes white goods AND air-conditioning.
This development is nicely placed between the town of Paralimni and beautiful beaches along the Kaparis and Protaras coastline giving equal opportunity for both long-term rentals or holiday rentals.
The developer is both proven and reliable and has sold through several property clubs in the UK. Build quality is high and mortgage packages are readily available.
The location is perfectly placed to exploit any uplift in property values in this area, particularly with the planned golf courses, the marinas and any opening up of the borders with Famagusta. This is an excellent location with shops, restaurants and clubs all within one mile of the development.
Completion is expected in summer 2010.
WHAT THE DISCOUNTS MEAN TO YOU
A reduced deposit, now only 15% and a 5% developer discount immediately point to a very special deal. On top of all that the developer has given a 4.75% rental guarantee (on the mortgage element) and agreed that the deposit can be paid 10% up front and the remainder on completion meaning you won't have to pay the other 5% for another two years.
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PRICELIST
Please note the developer will contribute 5% to the price shown below giving you a 5% discount on the prices shown.
In my opinion, having walked the site, my favourites would be:
BLOCK B1 NUMBER 9
BLOCK B1 NUMBER 10
BLOCK C NUMBER 9
BLOCK C NUMBER 10
BLOCK C NUMBER 11
Block A
Apt No |
Level |
Bed rooms |
Bath rooms |
Parking No |
Covered Area m2 |
Covered Verandah m2 |
Uncovered Verandah m2 |
Views |
Euros |
1 |
Ground |
2 |
1 |
P1 |
59 |
12 |
€ 168,810 |
||
2 |
Ground |
2 |
1 |
P2 |
69 |
10 |
SOLD |
||
3 |
Ground |
2 |
1 |
P3 |
67 |
12 |
SOLD |
||
4 |
Ground |
2 |
1 |
P47 |
59 |
15 |
€ 168,810 |
||
5 |
1st |
2 |
1 |
P5 |
58 |
3.60 |
8.4 |
SOLD |
|
6 |
1st |
2 |
1 |
P6 |
69 |
3 |
7 |
SOLD |
|
7 |
1st |
2 |
1 |
P7 |
67 |
12 |
SOLD |
||
8 |
1st |
2 |
1 |
P11 |
58 |
15 |
€ 168,810 |
||
9 |
1st |
2 |
1 |
P14 |
59 |
9 |
€ 168,810 |
||
10 |
1st |
2 |
1 |
P10 |
70 |
10 |
SOLD |
||
11 |
1st |
2 |
1 |
P9 |
67 |
12 |
Partial Sea View |
SOLD |
|
12 |
2nd |
2 |
1 |
P45 |
59 |
9 |
Partial Sea View |
€ 179,403 |
|
13 |
2nd |
2 |
1 |
P49 |
62 |
51 |
Partial Sea View |
€ 198,139 |
|
14 |
2nd |
2 |
1 |
P16 |
68 |
61.35 |
€ 220,922 |
||
15 |
2nd |
2 |
1 |
P15 |
67 |
28.20 |
SOLD |
||
16 |
2nd |
2 |
1 |
P37 |
58 |
15 |
€ 174,277 |
||
17 |
2nd |
2 |
1 |
P38 |
59 |
9 |
Partial Sea View |
SOLD |
|
18 |
2nd |
2 |
1 |
P18 |
67 |
12 |
Partial Sea View |
SOLD |
Block B
Apt No |
Level |
Bed rooms |
Bath rooms |
Parking No |
Covered Area m2 |
Covered Verandah m2 |
Uncovered Verandah m2 |
Views |
Euros |
1 |
Ground |
1 |
1 |
P23 |
54 |
11 |
€ 165,734 |
||
2 |
Ground |
2 |
1 |
P29 |
71 |
10 |
SOLD |
||
3 |
1st |
2 |
1 |
P20 |
63 |
7 |
Partial Sea View |
SOLD |
|
4 |
1st |
1 |
1 |
P39 |
54 |
11 |
Partial Sea View |
€ 179,403 |
|
5 |
1st |
2 |
1 |
P21 |
71 |
10 |
Partial Sea View |
SOLD |
|
6 |
1st |
2 |
1 |
P12 |
62 |
7 |
Partial Sea View |
SOLD |
|
7 |
1st |
2 |
1 |
P13 |
70 |
11 |
Partial Sea View |
SOLD |
|
8 |
1st |
2 |
1 |
P22 |
70 |
10 |
Partial Sea View |
SOLD |
|
9 |
2nd |
2 |
1 |
P40 |
63 |
3.60 |
3.40 |
Partial Sea View |
€ 200,590 |
10 |
2nd |
1 |
1 |
P41 |
54 |
4.2 |
6.8 |
Partial Sea View |
€ 184,358 |
11 |
2nd |
2 |
1 |
P28 |
71 |
3 |
7 |
Partial Sea View |
€ 200,590 |
12 |
2nd |
2 |
1 |
P25 |
62 |
3.6 |
3.4 |
Partial Sea View |
€ 200,590 |
13 |
2nd |
2 |
1 |
P26 |
70 |
4.2 |
6.8 |
Partial Sea View |
€ 200,590 |
14 |
2nd |
2 |
1 |
P27 |
70 |
3 |
7 |
Partial Sea View |
€ 200,590 |
Block B1
Apt No |
Level |
Bed rooms |
Bath rooms |
Parking No |
Covered Area m2 |
Covered Verandah m2 |
Uncovered Verandah m2 |
Views |
Euros |
1 |
Ground |
2 |
1 |
P30 |
71 |
10 |
SOLD |
||
2 |
Ground |
1 |
1 |
P34 |
54 |
11 |
Partial Sea View |
€ 165,734 |
|
3 |
1st |
2 |
1 |
P19 |
71 |
10 |
Partial Sea View |
SOLD |
|
4 |
1st |
1 |
1 |
P42 |
54 |
12 |
Partial Sea View |
€ 175,986 |
|
5 |
1st |
2 |
1 |
P8 |
71 |
11 |
Partial Sea View |
SOLD |
|
6 |
1st |
2 |
1 |
P36 |
71 |
12 |
Partial Sea View |
SOLD |
|
7 |
2nd |
2 |
1 |
P31 |
71 |
3.4 |
7 |
Partial Sea View |
€ 200,590 |
8 |
2nd |
1 |
1 |
P32 |
54 |
4.5 |
7.5 |
Partial Sea View |
€ 184,358 |
9 |
2nd |
2 |
1 |
P44 |
71 |
4 |
7 |
Partial Sea View |
€ 200,590 |
10 |
2nd |
2 |
1 |
P43 |
71 |
4.5 |
7 |
Partial Sea View |
€ 200,590 |
Block C
Apt No |
Level |
Bed rooms |
Bath rooms |
Parking No |
Covered Area m2 |
Covered Verandah m2 |
Uncovered Verandah m2 |
Views |
Euros |
1 |
Ground |
2 |
1 |
P53 |
64 |
6.9 |
Partial Sea View |
€ 178,549 |
|
2 |
Ground |
2 |
1 |
P56 |
63 |
6.9 |
Partial Sea View |
€ 178,549 |
|
3 |
Ground |
2 |
1 |
P50 |
64 |
7.45 |
Partial Sea View |
€ 178,549 |
|
4 |
1st |
2 |
1 |
P54 |
63 |
7.45 |
€ 171,714 |
||
5 |
1st |
2 |
1 |
P55 |
63 |
6.9 |
Partial Sea View |
€ 179,403 |
|
6 |
1st |
2 |
1 |
P57 |
63 |
6.9 |
Partial Sea View |
€ 179,403 |
|
7 |
1st |
2 |
1 |
P58 |
64 |
7.45 |
Partial Sea View |
SOLD |
|
8 |
2nd |
2 |
1 |
P52 |
63 |
3.6 |
€ 177,182 |
||
9 |
2nd |
2 |
1 |
P51 |
63 |
6.9 |
Partial Sea View |
€ 200,590 |
|
10 |
2nd |
2 |
1 |
P48 |
63 |
6.9 |
Partial Sea View |
€ 200,590 |
|
11 |
2nd |
2 |
1 |
P59 |
64 |
7.45 |
€ 177,182 |
FLOOR PLANS
Block A - Ground Floor
Block A - First Floor
Block A - Second Floor
Block B - Ground Floor
Block B - First Floor
Block B - Second Floor
Block B1 - Ground Floor
Block B1 - First Floor
Block B1 - Second Floor
Block C - Ground Floor
Block C - First Floor
Block C - Second Floor
HOW TO RESERVE YOUR APARTMENT
A 2,000€ deposit is required to reserve any apartment, contact Barry Tyler at this email address barry@wealthshare.co.uk. Act now before official launch day.
COMPLETED APARTMENT FOR SALE IN KAPPARIS, PARALIMNI - SOUTHERN CYPRUS
Stunning 3 bedroom, 2 bathroom apartment with sea views from three of the rooms. Large balcony also overlooks the sea. Nearly 1,000 square feet plus under-building parking. Air conditioning in all rooms. Granite work surfaces in the kitchen. Miele oven and hob. All fittings and interior in pristine condition. Communal swimming pool, landscaped gardens with irrigation system and over 40 palm trees and other specimen plants. Built in 2006 by a high profile developer.
Price €190,000.
FLOOR PLAN - Click here to download the floor plan in pdf format.
For more details email contact@barrytyler.com
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