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Larnaca
Investment Property Location
Larnaca
Investment Property for sale, the project is located in
the seaside Area known as Kiti, within the village boundaries of
Meneou in the Larnaca District, Cyprus. It lies between the
beachfront and the coastal road which connects the development
locality with the villages of Meneou and Pervolia. The closest
villages are Meneou and Pervolia which are located approximately
2,5Km away. The project is located approximately 5Km west of
Larnaca International Airport and 6Km west of Larnaca town. The
project is approximately 35 minutes drive from the capital
Nicosia, 30 minutes from Ayia Napa, 45 minutes from Limassol and
90 minutes from Pafos. Access from the above are with 4-lane
motorways making this Larnaca investment property for sale an
excellent opportunity.
Topography
The site has a total Area
of approximately 66.000 square metres on relatively level ground.
The development involves a modification of the site Levels in
order to create various units. The beach is sandy with shingles
and extends to a sandy seabed with an average depth of two metres
at an inshore distance of 30 metres. The length of the local
coastline exceeds five kilometres.
Landscaping and
Environment
 In general, the
area west
of the town of Larnaca is relatively flat, with limited appeal in
terms of its natural landscape. Its most prominent feature is the
extended unspoilt beach. The wider coastal Area is used mainly for
agricultural purposes (orchards, vegetable and cereal fields) and
is dotted with numerous holiday/retirement home developments. To
capitalize on the extensive seafront and the large size of the
site, the promoter has commissioned an Australian based
international company of landscape architects to create a unique
environment for the project. This company of international
standing has produced plans for the following
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The creation of
lakes and ponds in the heart of the project, surrounded with
extensive gardens and green areas. The lakes will have a total
Area of approximately 3.000 square metres and will be entranced
with sidewalks, gazebos, bridges etc. the transplant of
approximately 2.000 young and mature trees.
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 the installation of
water features, such as waterfalls, clear water ponds for fish and
birds, brackish water ponds, etc.
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The roads within the development
will have attractive tree islands, pavements, special quality
street lighting, all designed to create a pleasant environment.
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The project will have its own tertiary sewage treatment plant
which will produce water suitable for irrigation. An Area of 6.000
square metres of beach land will be designated for public use and
enjoyment.
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All public utilities will
be underground, while the street lights and lampposts will be
imported from Italy.
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The water features will
be enriched with fish and resident birds, including pelicans,
swans and ducks imported from Holland.
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Mature trees from Cyprus,
Israel and Spain will be planted throughout the project. These
include cypresses, olive and carob trees, poplars and palms, as
well as pine and other forest trees.
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Other colourful plants
include bougainvillea, flamboyant, exotic trees, etc. Overall,
only 18% of the total Area of the estate will be built up, 56%
will be dedicated to common and private gardens and green areas,
with the remainder allowed for roads and footpaths
APARTMENTS
ORFEAS/EVRIDIKI
Evridiki - Ground floor two bedroom apartment (90 square metres -
possibility of conversion to three bedroom) with a spacious
private garden. Orfeas - First floor two bedroom apartment (80
square metres) with extensive veranda offering very attractive
views. NEW
!!!! Phase C Released Larnaca
Investment Property
Price Information
Phase A & B
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Phase C
HOUSES
PEGASOS
Detached two-storey beach villa with a building Area of 260 square
metres, set on individual plot of approximately 557 square metres.
PERSEFONI
Detached, two-storey villa with a building Area of around 160
square metres, set on individual plot of approximately 464
square metres.
DIONYSOS
Detached, two-storey villa with a building Area of 170 square
metres, set on individual plot of approximately 446 square metres
on average.
Price Information
Phase A & B
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Phase C
RODOS
Detached, two-storey villa with a building Area of 150 square
metres, set on individual plot of 371 square metres on average.
Price Information
Phase A & B
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Phase C
REA
Detached, ground floor, two bedroom bungalow with a building Area
of 120 square metres, set on individual plot of 353 square metres
average.
THESEAS
Detached, Semi-Detached, terrace ground floor, three bedroom
bungalow with a building Area of 110 square metres, set on
individual plot of 362 square metres approximately.
Price Information
Phase A & B
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Phase C
ELLI
Terrace ground floor, two bedroom bungalow with a building Area of
85 square metres, set on individual plot of 278 square metres.
Construction - Specifications for this Larnaca investment property
for sale..
Structures
The structures will be of
concrete according to the drawings, the Cyprus concrete code
design and the Cyprus anti-earthquake design, rules and
regulations.
Walls
All the walls will be
constructed with high quality hollow clay blocks 10x20x30cm.
External walls will be cavity walls 25cm thick and internal
partitions.
Plastering
Internal surfaces will be
plastered and painted with three coats of emulsion paint.
Externally, all the surfaces will be plastered and painted with
three coats of Sandex paint. Special metalic angles will protect
plastered corners.
Ceilings
The ceilings will be of fair face concrete finish, Covered with
light texture plastic, except of the bathroom ceilings which will
be painted with three coats of emulsion paint.
Floors
All the living rooms, kitchens, corridors, bathrooms and veranda's
floors will be Covered with ceramic floor tiles, at the value of
CYP 7/sq.m. except of the living rooms and corridors, of PEGASOS
Type, which will be Covered with laminated flooring, wood finish,
at the value of CYP 10/sq.m. All the bedroom floors will be
Covered with laminated flooring, at the value of CYP 10/sq.m. or
ceramic tiles of value CYP 7/sq.m. The internal staircase will be
Covered with ceramic tiles, at the value of CYP 7/sq.m. except of
the staircase of PEGASOS Type which will be Covered with laminated
flooring, wood finish, at the value of CYP 10/sq.m. The parking
Area will be Covered with concrete. Concrete-slabs will be around
the swimming pool at 1m width, at the value of CYP 5/sq.m.
Wall Covering
For PEGASOS, PERSEFONI
and DIONYSOS Type houses, the bathroom walls will be Covered with
marble 20mm thick, at the value of CYP 23/sq.m. The bathrooms in
all the other Types will be Covered with ceramic tiles, at the
value of CYP 5/sq.m. except the visitors' bathrooms which will be
Covered with marble. The walls between the kitchen units will be
Covered with ceramic wall tiles at the value of CYP 5/sq.m. All
around the openings of the doors and windows will be Covered with
traditional Limassol store, as shown on the drawings.
Sanitary ware
All sanitary ware will be
of European standard and make, in white colour.
Doors and Windows
The main entrance door
will be of first quality solid wood ledge and brace Type, painted
with two coats of wood preservative, one coat of primer and one
coat of oil paint. The internal doors will be semisolid flush
doors, MDF beech on timber frame. All the veranda's doors will be
of colour aluminium, sliding, single glazing on metal frame,
except the PEGASOS Type which will have double glazing with
electric rolling shutters. The windows will be of aluminium, side
opening (hinges on sides) and sliding windows, series MU 100,
single glazing except of the PEGASOS Type which will have double
glazing with electric rolling shutters.
Important Notice
The graphic /
photographic information on this website is based on the Landscape
Architectural proposals from other projects overseas and are for
information purposes only and are subject to change. Local
materials, trees, etc are to be used for the environment / water
garden / canal etc. and the Developer has the right to change the
design / construction without prior notice. The environmental
presentation is for guidance only.
NEW
!!!! Phase C Released
Larnaca Investment Property
Price Information
Phase A & B
-
Request
Info Price Information
Phase C
TERMS & ConditionS
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Terms of Payment 20 -
30% Deposit
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70 - 80% Interest free
installments till delivery of the unit
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Finance Hellenic Bank
offers a finance packet for the 70-80% of the purchase Price
(20-30% by the buyer) and 15 years repayment period.
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Interest is the base
rate + 1,75% per year (today's base rate is 5,5%)
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With Life Insurance
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Hellenic Bank offers a
finance packet (with life insurance) for the 70-80% of the
purchase Price (20-30% by the buyer) and 20 years repayment
period.
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Interest is the base
rate + 1,75% per year (today's base rate is 5,5%)
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Changes Prices and
terms of payment are subject to change without prior notice
COMPANY DETAILS
The Kypriaki Etairia
Akiniton "I Dynamis" Ltd was set up in December
1995 for Cyprus investment property for sale in Larnaca and all
other areas of the island including:- Off-plan apartments and
houses meeting the demand for buy to let real estate in Cyprus. The company has under
design as well as under construction, a number of development
projects throughout the island which, at this stage, are the
following
Neapolis Complex A
residential project consisting of six blocks of flats (total 100
flats) at the Law Courts Area of Limassol. The first block was
delivered in 1999, the second in 2000 and the third in 2001. Works
are progressing towards the completion of the remaining blocks.
Nishia Beach Villas A
project consisting of nine beach villas in Protaras Area. Works
were completed in April 2001.
Apollo Seaside Villas A
project consisting of nine seaside villas in Protaras Area.
Expected date of completion and delivery is December 2001.
Psarolimano Beach Villas
A project of nine detached beach villas in Protaras, facing the
sandy Golden Coast bay and the fishing shelter of the Municipality
of Paralimni. This is where the marina of the municipality is
planned to be delivered this year - 2002. Expected date of
completion of works and delivery is December 2002.
CLR House An office
development project (total extent 5.000 sq. metres) in Nicosia,
abutting onto Byron avenue. Works are progressing and the expected
date of completion is June 2002.
Pissouri Bay View A
project consisting of 52 detached villas with private flats and
pools, situated 300 metres away from the sandy beach and Columbia
Hotel, within the wine producing village of Pissouri. The site
occupies the top of a hill offering panoramic views of the
surrounding Area. The building permit of the project is expected
to be granted soon. Works are scheduled to commence in 2002.
Nicosia Business Park
The project will consist of five detached blocks of offices
forming part of a business park. It is situated in the heart of
Nicosia, close to the Hilton Hotel. The project is developed on
the largest available plot of the town (extent of 7.000 sq. metres)
abutting Esperidon street. The total extent of the buildings will
be 16.000 sq. metres. The company has submitted an application for
a town planning permit.
Olympus A residential
project consisting of twelve detached villas, each with an extent
of 400 sq. metres (with private pools, constructed on building
plots of 500-550 sq. metres extent) in the centre of Nicosia
(Hilton Area), near Kennedy avenue. The project is currently at
the planning stage.
New projects are planned
to be developed in Paphos, Protaras, as well as Athens, Greece and
London.
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Possidon
Beach Gardens Larnaca
