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Selling property in Larnaca, Cyprus


2 Bed Golf Penthouse Apartment Tersefanou
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Type of property:Apartment
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The village of Tersefanou in Cyprus is the site of the upcoming new PGA championship golf course and resort due for completion late 2009. Once the resort is ready (complete with helipads, hotel, and entertainment complex) year-round golf rentals will be possible from this 2-bed penthouse apartment situated just three-quarters of a mile from the course.

This 75 sq.m apt comprises of:
1. large kitchen/living area with doors opening on to huge 42 sq.m south-east facing suntrap verandha overlooking countryside and the communal pool, and with views on out to sea;
2.bedroom 1 (12 sq.m) with en-suite facilities, floor-to-ceiling fitted wardrobes, and country views;
3. bedroom 2 (14 sq.m) also with floor-to-ceiling fitted wardrobes and country views, and with doors opening this time on to smaller 4 sq.m north-west facing verandha angled for catching the evening sun;
4. spacious separate bathroom.

Apt 205 has tiled flooring and double glazing throughout, and also comes with one allocated covered parking space, and full use of the attractive communal pool and garden areas.

Penthouse Apt 205 is cheap to run with running costs amounting to less than 800 Euros pa (including maintenance charge, buildings insurance, and council tax).

The high capital growth always associated with properties close to PGA golfing developments makes purchasing this apartment a sound long-term investment.

(NB. it is worth noting that, even without the extra beneficial influence of the "golfing factor", property prices in the whole Larnaca area are anyway still steadily rising thanks to EU infrastructural investment and the building of the new Larnaca international airport. The fundamentals are therefore all in place to make the purchase of this apartment as potentially profitable an investment as one is likely to find anywhere in Cyprus.)Price: 139,000
Location:Larnaca
Country:Cyprus
Price:£139,000
Garden:Balcony
Parking:Off road parking
Number of bedrooms:2
Number of reception rooms:1
Type of development:New
Other information about the location:Quiet location. 5 minutes' drive to the beach. Easily reachable being situated only 5 miles from the airport.

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