Real Estate Options For 2.5mln- CY Citizenship. Aphrodite Hills Resort October 2014
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1 Real Estate Options For 2.5mln- CY Citizenship Aphrodite Hills Resort October 2014
2 Aphrodite Hills Resort - The First Integrated Leisure, Golf and Real Estate 5* Resort in Cyprus Aphrodite Hills resort is located in the south west of Cyprus and is 30 minutes away from Limassol and 20 minutes from Paphos. The first ever five star gated fully-integrated golf, leisure and real estate development in Cyprus. A low-density luxury resort situated within 234 hectares of beautiful, unspoilt countryside overlooking the Mediterranean Sea. Stylish, individual villas, junior villas and spacious, elegant apartments stand in carefully chosen locations to make the most of the delightful views over the resort and the Mediterranean Sea. The real estate comprises 435 villas, 127 junior villas and 338 apartments built, in line with the natural contours of the area, within a series of villages. Aphrodite Hills Resort Ltd has issued title deeds for all the completed villas, junior villas, apartments and plots. Residential sales have exceeded 350mln in value and 630 in units.
3 Aphrodite Hills Resort Master Plan
4 Aphrodite Hills Resort - Amenities 5* InterContinental Aphrodite Hills Resort Hotel The IC hotel offers some of the most luxurious accommodation in Cyprus in its 290 spacious guest rooms and suites. There is a choice of fine restaurants along with elegant bars and lounges. Superb function rooms which can accommodate up to 1500 guests. 18-hole championship golf course Aphrodite Hills golf course was designed by the acclaimed course architect Cabell B. Robinson A sophisticated Club house with a restaurant, premier Golf Academy a double ended 350 meter practice range and outstanding Pro Shop. The Retreat - Spa There are 27 luxurious treatment rooms, many with calming sea views and distinctly contemporary. Expert therapists provide beauty treatments and body therapies Available is also the state of the art gym. Rentals Property owners have the opportunity to rent out their properties through Aphrodite Hills Rentals. Rental returns are subject to negotiation with Aphrodite Hills Resort Ltd.
5 Aphrodite Hills Resort - Amenities Tennis Academy The Annabel Croft tennis club offers first class floodlit clay and hard courts for day and evening play. The Tennis Pavilion offers club facilities, clothing and equipment and the acclaimed European Tennis Academy managed by Annabel Croft s tennis professionals. The village Square & other amenities At the heart of the resort is the charming Village Square with its traditional architecture and chapel. A wonderful choice of restaurants, coffee shops and boutiques along with useful services including an ATM, a medical centre, a supermarket and car rental. For children and teenagers, there is the new children's playground Pirates Village Nearby Aphrodite Hills are the luxurious Zias Beach Club, the relaxing Cove Beach, and Aphrodite's Riding Club with excellent horse riding facilities. Property Management Aphrodite Hills has a property management service available to all villa, junior villa and apartment owners. The professional management team offers first class services.
6 OBTAIN EUROPEAN CITIZENSHIP WITH A 2.5 MILLION INVESTMENT IN CYPRUS On 28th March 2014, the Cyprus Government announced changes to the legislation which enable foreign investors to become a Cypriot citizen and obtain a Cypriot passport through naturalisation, making it more accessible and more affordable than ever before. Investment Criteria The new investment criteria is as follows: 2.5m investment in one or more luxury properties Conditions Clean Criminal Record: A Certificate of Clean Criminal Record from the country of origin and the country of residence (if it differs). Residence in the Republic of Cyprus: In all cases the applicant must hold a permanent privatelyowned residence in the Republic of Cyprus, the purchase price of which must be at least 500,000 plus V.A.T. To maintain the citizenship, the investor must always keep in his possession a real estate property of minimum value 500,000 which will be declared as his permanent residence whereas the remaining investment may be sold after 3 years. Any property purchased during the past three years will count towards the above mentioned investment figures. In such cases the purchaser must acquire additional real estate to reach the total required investment. However, a three year period must not have passed before the application submission.
7 OBTAIN EUROPEAN CITIZENSHIP WITH A 2.5 MILLION INVESTMENT IN CYPRUS Key Points Passports will be issued within a period of three months. No residency requirement. Passports will be issued to the investor, their spouse and dependent children up to the age of 28 years, providing they are in full-time education. (Cyprus does allow dual citizenship). Cyprus passport holders may enter, reside, study and work in the European Economic Area (European Union, Iceland, Liechtenstein, Norway) and Switzerland without a visa. Cypriot passport holders are entitled to travel visa free to more than 140 countries!
8 Alexander Heights The Jewel of Aphrodite Hills Alexander Heights is set at the best location of Aphrodite Hills and one of the best locations on the whole south west coast of Cyprus. Alexander Heights comprises of 21 luxury villas, 16 junior villas and 32 apartments. All properties have been built to the highest standards including concealed dual air-conditioning/heating, quality Italian-style kitchen units, lavish Crema Royal bathroom and marble, home automation electrics (villas only), under floor central heating (villas & junior villas only) etc. Alexander Heights is located within walking distance from all the facilities of the resort.
9 Option 1 Alexander Heights -Villa AV21 Property No. No. Of Bedrooms Plot Area Covered Area Villa AV m² 345m² Property No. Catalogue Price Excluding VAT New Price Including VAT VAT Villa AV21 2,500,000 2,975,000 19% Note1: Villa AV21 to be delivered end Sept 2014 Note 2: Property price includes furniture and coverage of all property management, property taxes and resort expenses for 4 years Note 3: VAT on villa AV21 is 19% since it s size exceeds 275m² of covered area.
10 Alexander Heights Location of AV21 Theseus Village The Spa Villa AV21
11 Option 2 Alexander Heights Villas AV01 to AV09 Property No. No. Of Bedrooms Plot Areas Covered Area Villas AV01 AV m² - 1,161m² m² Property No. Catalogue Price Excluding VAT Discount 7% New Price Excluding VAT New Price Including VAT VAT Villas AV01 AV09 2,700, ,000 2,511,000 2,732,426 First 200m2-5% Remaining 75m2-19% Notes1: Completion Time is months from the date sales contracts are signed Note2: VAT for villas AV01-AV09 is only 5% since their sizes do not exceed 275m² of covered area. Note 3: Prices are indicative.final price for each villa is subject to location and size of plot.
12 Alexander Heights Location of Villas AV01 AV09 Theseus Village The Spa Villa AV01 Villa AV02 Villa AV03 Villa AV04 Villa AV05 Villa AV06 Villa AV07 Villa AV08 Villa AV09
13 Exterior Views
14 Interior Views
15 Option 3 Alexander Heights - Junior Villas Property No. No. Of Bedrooms Plot Area Covered Area JV AJ m² 157m² JV AJ m² 187m² JV AJ m² 187m² Property No. Catalogue Price Excluding VAT Discount 10% New Price Excluding VAT New Price Including VAT JV AJ04 753,361-75, , ,850 19% JV AJ05 1,015, , ,991 1,087,649 19% JV AJ10 1,073, , ,555 1,014,883 5% Total 2,842, ,286 2,558,571 2,909,382 Note1: All three junior villas to be delivered end October 014 Note2: VAT at the reduced 5% rate applies for physical persons buying for first time property for own use and provided the total covered area of the property is less than 275m2. VAT
16 Alexander Heights Location of Junior Villas Theseus Village The Spa Junior Villa AJ04 Junior Villa AJ05 Junior Villa AJ10
17 Interior & Exterior Views
18 Option 4 Parcel G.Aeneas Grand Villas.Breathtaking Views & Maximum Privacy Parcel G lies to the south west side of Aphrodite Hills at about 120m above sea level. It enjoys orientations from the SE to South to SW thus enjoying uninterrupted sea views of 270 degrees from sunrise to sunset. The area covered Parcel G is 8,099² enjoying an orientation of 270 degrees stretching from South East to South West. The land is about 120m. above sea level with forest land between Parcel G and the coast. Parcel G is ideal for the development of high end, luxury housing as a residential development of four luxury villas. The position of the land guarantees uninterrupted sea views as well as golf views to all the units. The position also provides for the maximum privacy and seclusion. Still it is close enough and within walking distance to all the amenities such as restaurants, shops, the golf, the tennis, the spa and the gym.
19 Parcel G Villa 299 Villas
20 Master Plan of Aeneas Grand Villas G1 G2 G3 G4
21 Option 4 - Aeneas Grand Villas Property No. Land Area m2 No. Of bedrooms Villa Net Covered Area m² Total Area m² G1 2, G2 2, G3 2, G4 1, Property No. Catalogue Price Excluding VAT Discount New Price Excluding VAT Price Including VAT VAT G1 3,403, ,236 3,165,125 3,766,500 19% G2 2,739, ,765 2,547,730 3,260,000 19% G3 2,516,806 16,806 2,500,000 2,975,000 19% G4 2,500, ,500,000 2,975,000 19% Notes1: Completion Time is months from the date sales contracts are signed Note2: VAT for villas G1-G4 is charged 19% since their sizes exceed 275m² of the covered area
22 External Views of Aeneas Grand Villas
23 Internal Views of Aeneas Grand Villas
24 Exclusive Villas The villas are located in the resort s most prestigious and exclusive location. Developed in oversized plots ranging from 1300 m2. Dramatic views towards the Mediterranean Sea the Golf Course and the mountains. Properties offer full privacy and blend with the surrounding scenery and the golf course. Finishes to the highest standard. Private swimming pools & fully landscaped gardens.
25 Option 5 Exclusive Villas Property No. No. Of Bedrooms Plot Area Covered Area Villa ,378m² 206m² Villa ,336m² 202m² Villa ,483m² 218m² Villa ,329m² 202m² Property No. Catalogue Price Excluding VAT Discount 10% New Price Excluding VAT New Price Including VAT Villa ,185-76, , ,299 19% Villa ,958-74, , ,850 19% Villa ,563-80, , ,147 5% Villa ,437-74, , ,151 19% Total 3,057, ,714 2,751,429 3,172,447 Note1: All four exclusive villas are completed. Note2: VAT at the reduced 5% rate applies for physical persons buying for first time property for own use and provided the total covered area of the property is less than 275m2. VAT
26 Offer Summary Options Property Type Property No. No. Of Bedrooms PRICE incl. VAT DISC. FINAL Price incl. VAT VAT Villa AV21 5B 2,975,000-2,975,000 19% Villas AV01-AV09 4-5B 2,700,000 7% 2,636,550 5% Junior Villa AJ04 2B 896,500 10% 806,850 19% Junior Villa AJ05 3B 1,208,500 10% 1,087,649 19% Junior Villa AJ10 3B 1,278,000 10% 1,014,883 5% Total 3,383,000 2,909,382 Exclusive Villa 366 3B 907,000 10% 816,299 19% Exclusive Villa 367 3B 886,500 10% 797,850 19% Exclusive Villa 369 4B 961,000 10% 763,147 5% Exclusive Villa 368 3B 883,500 10% 795,151 19% Total 3,638,000 3,172,447
27 Option 4 - Aeneas Grand Villas Property No. Catalogue Price Excluding VAT Discount New Price Excluding VAT Price Including VAT VAT G1 3,403, ,236 3,165,125 3,766,500 19% G2 2,739, ,765 2,547,730 3,260,000 19% G3 2,516,806 16,806 2,500,000 2,975,000 19% G4 2,500, ,500,000 2,975,000 19%
28 Remarks On Proposal The proposal includes options for a 5 bedroom villa and 2 bedroom apartment, 2 and 3 junior villas and 3 and 4 and 5 bedroom villas. Properties have been discounted from 7% to 10%. Final prices of properties are subject to negotiation with the clients. VAT at the reduced rate of 5% applies for physical persons buying for first time property for own use and provided the total covered area of the property is less than 275m2.
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