Polis Gardens has been designed with a similar concept in mind; blending traditional and modern, and building the properties in clusters that each have their own communal swimming pools, facilities and personality. These are interlinked with other clusters of houses and apartments that together form almost a village. This gives a sense of community, while still having a feeling of intimacy and privacy. Exterior stonework, as well as arches and fireplaces have been used in places to give that traditional feel, while the spacious 1, 2 and 3 bedroom properties (from 55m2 to 137m2) with generous verandas are perfect for either permanent living or rental. Internal features like granite worktops and marble staircases add to the stylish feel. The project has not been built up to the maximum allowed density, creating a feeling of space. There are large landscaped areas for you to stroll through, forming avenues and only one block is 3 floors, the rest are just 2 floors, adding to the village feel.
Polis is a small traditional town with a cobbled square serving as the heart of the community, where the locals welcome you to join them as they relax and enjoy life. The town has its own special charm, yet has all the amenities of modern life. Supermarkets, banks, schools, pharmacies, a hospital, gyms, ten pin bowling, a variety of restaurants and bars and much more are on hand. Polis has also become a focus for art, with several art galleries in the town and a number of artists and sculptors in the surrounding areas, opening their studios regularly as part of the National open art studios tour. On the edge of the Akamas National Park is a world class luxury hotel and spa, one of the few hotels in this area. This, combined with Polis and Latchi being a very popular holiday spot for Cypriots, means there is a very vibrant rental market, perfect for those of you looking to let your property.
Within a two minute walk are shops, restaurants and other amenities in the town centre, with an hourly bus service to Pafos and other destinations. Just 3km away is Latchi (or Latsi) village, famed for its fish taverns, and in the other direction is the the Limni Motorcross circuit, followed by Argaka village, then the small fishing village of Pomos, where the annual International Jazz festival takes place.
Pafos town is currently a half hour drive away, which will be less than 20 minutes once the new motorway is built, with work starting on it shortly in 2009. There are also plans for two 18 hole golf courses between Polis and Argaka , just five minutes drive from Polis Gardens, and possibly an expansion of the recently completed Latchi marina. All of this is projected to have a positive impact on property prices in the area.
• 3km to Latsi beach
• 3km to Fishing harbour
• 35km to Pafos town
• 34km to Tsada golf club
• 50km to Pafos Intl. Airport
THE OFFER
The properties are offered for sale under the following terms:
Client deposit (cannot be funded in Cyprus): 10% of agreed contract price, instead of the usual 20% deposit required.
10% discount: The additional 10% deposit will be funded by Pafilia Property Developers as a discount.
Remaining payments: As per agreed contractual payment terms to be funded through a local mortgage at Alpha Bank with the loan to be secured in Swiss Franc currency, currently at 4.4% for 80% of the property purchase price.
Guaranteed rental income: Pafilia will offer a guaranteed rental income of 5% per year on the discounted purchase price for a period of two (2) years after the delivery of the property to the client. The guaranteed rental income will be paid monthly starting from the delivery of the property.
Six weeks personal use: Each year of the 2 years rental guarantee period, the client will be entitled to six (6) weeks free use of the property, 2 weeks in low season, 2 weeks in mid season and 2 weeks in high season.
This proposal also includes the following savings:
- Legal fees related to the purchase of the property Free of charge
- Stamp Duty for the contract of sale Free of charge
- Setup fees on delivery Free of charge
- Mortgage fees and loan setup fees Free of charge
- Ongoing property ownership related costs for the duration of the guaranteed rental income period including:
- Communal charges Free of charge
- Property insurance Free of charge
- Water, electricity, sewage Free of charge
- Municipal charges Free of charge
A rare opportunity to invest in a superb residential development:
• Prime residential location
• Prime rental location
• Location is forecasted to grow significantly with major infrastructure plans and works (upgrading of Latsi Marina, Golf courses, Pafos-Polis Highway and more)
• Best development in the area
• Fully equipped properties at no additional cost
• 2 years net guaranteed rental income at 5% per year
• Low cost mortgage at 80% LTV – bank fees and mortgage fees included at no additional cost
• 6 weeks personal use at no additional cost
• All closing costs included and paid for
• Legal fees included at no additional cost
• Ongoing cost of ownership for the duration of the offer included at no additional cost
• 10% developer discount
• 10% deposit only
