Cyprus is a location familiar to investors and holidaymakers alike. The traditional investment market however has concentrated on the increasingly over-developed tourist sector – and short and medium term returns are beginning to fall.
A new kind of investment opportunity in the care market - with its feet firmly planted in demographic trends, offers good short term returns as well as long term growth. It is being launched by UK-based investment specialists ‘invest2gain.’
Invest2gain Managing Director, Terry Pentland explains,
“Supply is beginning to exceed demand within the tourist sector in Cyprus. This has forced investors to rely more and more on long term capital growth.
The opportunity that we are offering is in the sheltered housing market and is located in Paphos. The average age of the Cyprus population is increasing and demand for sheltered housing exceeds supply. This makes it a much more attractive proposition than traditional forms of investment.
Finance is freely available at up to 80% of value - with rates of interest as low as 3.55%. We have undertaken a detailed analysis of the opportunity and are confident that the development will offer rental increases of 5% per annum and an average growth rate of 15% pa for the foreseeable future. In addition, there is a 2 year rental guarantee.
The development offers all the facilities associated with the best quality sheltered housing and incorporates 1, 2 and 3 bed-roomed apartments.
There are only 11 apartments available, which means that investors need to act quickly.
This is one of a number of developments that we are sourcing. We aim to give potential investors all the facts and figures that they need.
We provide a level of detail not only on the entry costs, but more importantly, the EXIT costs. Unless an investor is able to assess the whole picture in detail, their own hopes of an early retirement may be dashed!”
Invest2gain is targeting those primarily interested in overseas property as an investment, rather than potential owners of holiday homes.
For more information, go to www.invest2gain.co.uk or call 0845 634 2932.
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