709456 | Mega Development, Mixed use Project 1000 propertie

Mega Development, Mixed use Project 1000 properties for sale) Houses/Villas and 5 STAR HOTEL with 170 luxury rooms REHABILITATION CENTRE, GERIATRIC CARE & MONITORING with 200 rooms SPORTS CENTRE, POLYTHEMATIC PARK & KINDERGARTEN etc.

Project Status All preliminaries are done: Paperwork, Plans and permits of this project are ready to start with construction soon or any time after the agreement. Introduction The project is one of the large scale development investments in Cyprus now with Total land area of 596,110 sq.m of which 500,000sq.m is a Residential Area. An exclusive community where absolute tranquility, functionality, security & modernity will combine super naturally! This is heaven on Earth!

Developed ‘on-brief’ within the strategic growth plans for large scale development projects in Cyprus, this REAL ESTATE DEVELOPMENT, Mixed use Resort in  / Cyprus unique mix used development project is in the top 10 largest project resorts underway on the island, and been the first mixed use development. The Resort will include:

•5* Hotel Resort of 170 rooms (CTO approval available). Plot area is 38,767m² (221 Luxury 2 b/r Suites/ Townhouses/Villas next to the Hotel for sale or rent) •Sports Centre and Multi-Theme Park and other facilities. Plot area of 50,248m²

•Rehabilitation Center, Geriatric Care and Monitoring up to 400 rooms. Plot area is 25,201m² •Residential Development: 1,000 Properties for Sale. Plot area is 378,648m² CONCEPT Project is based on multiple pillars of development, which all creates a wealth of high-quality services, that satisfy all the interests of visitors and investors such as:

1. Holiday /Permanent Residence

2. Entertainment

3. Shopping

4. Training

5. Education

6. Medical Care

7. Environment

8. Security

9. High standard of living

10. Safe Investment Project will not be a highly-seasonal resort development, the aim is to have a proportion of permanent residents, year-round commerce and provide the hub for local and regional recreation – affording investors an ideal opportunity to capitalize their investment from many different markets. Architecture is the art which expresses aesthetics in the environment and shapes the space where people live, work and recreate. It is with this essence and principle guide that we would like, through architecture, to shape a green ecological environment with high-quality sustainable specifications in Project.

The whole design is aimed to build on and highlight the rich heritage of traditional architecture in Cyprus. The richness and beauty found in traditional villages of the region, the district of   Cyprus in general, along with beautiful examples of architecture from the stone build villas and town houses, churches, monasteries and Byzantine castles form the foundations for architecture and urban planning design for the project, with particular emphasis and care for the use of local materials and Troodos stone. ENVIRONMENT & LANDSCAPING Project is very sensitive to the environment and the location in which it lies:

• Extensive areas of the project have already been carefully planted with a variety of up to 27.000 trees (carob, pine, olive trees, etc).

• By project completion 200.000 more trees will be planted

• Project will include botanical gardens and fruit tree plantations

• Creating an environment where one can live, work and recreate in harmony with Architecture and nature. AREA MORPHOLOGY & VIEWS

• The project rests on the hillside • Guarantees unobstructed views of the sea & the surrounding mountain range and nearby villages. PROJECT PHILOSOPHY The philosophy of the development is based on the Large Mixed Use Developments. REAL ESTATE DEVELOPMENT Mixed use Resort in Cyprus

The aim of the development is to:

(a) Enrich our Tourist Product.

(b) Help maintain the competitiveness of the Tourism Industry.

(c) Promote Tourism in the countryside.

(d) Strengthen and increase the level of employment and labor in the surrounding area.

(e) Enhance and promote the development of quality Touristic and Residential Projects. Vission The Vision and the long-term goal of the company is the realization in Cyprus and the wider area of projects that will enrich and promote the development of quality tourism and residential infrastructure, investing at the same time in aesthetics and culture, and executing projects with the environmental consciousness and sensitivity that characterizes the Company all these years.

This Project will advance the area’s development, complete with a wide range of uses, a centre with a rich prospect, becoming a main attraction for visitors and a reference of development throughout the years. Project Objectives Our goal is to upgrade the area and create a variety of services and business activity in the countryside in order to benefit the local community, especially in a place where there is ample extent of land under a single ownership.

Project is an innovative Project as it brings together a set of high quality services, where a visitor or an investor can simultaneously satisfy all his interests, such as holiday making or permanent residence, cultural education or entertainment, medical care or exercise, in a natural and built environment that provides security and a high standard of living.

Price for the land and existing infrastructure is € 75million which is the net asking price,Plus 1% Fee. 

Investment Summary Price for the land and existing infrastructure is € 75million which is the net asking price. (Alternatively, buyers/investors may pay € 40million, and pay the balance of € 35 million in five years as per Terms of Payment

Note: To move forward: 

• -  Buyer / Buyer Rep to sign asset specific NCND/MFA 
• -  Buyer to submit Non-binding LOI and POF to connect with seller.