Fund, CPL Fee: 10.00, Minimum investment 20 Units, maximum 160 units., Tax Efficient Vehicles, Suitable for SIPP Applications, Residential and Commercial Options, Cash Options Also Available, Developments in the UK and Europe Available, Financial Products
INVESTMENT : KEY DETAILS
Anticipated 10% per annum return on investment (this is not guaranteed)SIPP cannot purchase directly, must purchase through unitised scheme via GDCVThe lifespan of this investment is expected to be between 5-8 yearsClosing date for unit investment applications is 1st June 2010No investor can use the propertiesNo one can sell or trade shares in the investment vehicleNo investor can own more than 10% of the investmentTotal fund value will be between €1-2 millionThere must be a minimum of 10 investors (our portfolios are aimed for a minimum of 15)No individual property can be worth more than 40% of the portfolioThere must be a minimum of four properties in the portfolioExit of the scheme is only upon exit of the fundThere is no personal mortgage liabilityInvestment vehicle fully complies with HM Revenue & Customs and is authorised and regulated by the FSAThe property has been purchased at 2008 prices and includes an 10% discountRICS report (dated 10th May 2009) states land value alone has risen by 25% since it was purchasedROPUK or Ardent Overseas Property are not regulated by the Financial Services Authority (FSA)
This superb resort, close to the highly desirable Kouklia village, is ideally situated for Paphos town (ten minutes drive), the newly built airport just five minutes away, and is in easy reach of three golf courses.Featuring a host of unrivalled facilities, Terra Divina has an award winning pedigree, and currently has a range of special purchase offers.See your adviser for further details.Kouklia
Kouklia
This ancient village, once one of the most important pilgrimage sites of ancient Greece, was the original site of Paphos. Just 5 minutes from the airport and 15 minutes from Paphos Harbour this is an idyllic location.Kouklia village is built on the original Palaipafos (Old Pafos), which was one of the most important ancient kingdoms of Cyprus. The entire area is an important archaeological region, excavations have brought to the surface the famous temple of "Aphrodite of Pafos" (Pafia Aphrodite), the remains of the fortification of Palaipafos, and various other artefacts that can now be seen in the archaeological Museum situated in the village.
Today Kouklia is a small very traditional village with a handful of local tavernas offering traditional cuisine and a selection of small shops serving locals and the tourists that visit this famous site.Increasingly popular as a desirable place to live, wealthy locals and expatriates have moved to the village and a number of new privately owned properties have been built.Terra Divina means sacred ground, and it is just that. This unique and exclusive development will be the only resort complex in the area and will be a new landmark. Combining modern luxury living standards with sympathetic architectural detail that will blend seamlessly into the beautiful local landscape, Terra Divina will become one of the most exclusive resorts in the whole of Cyprus.
Convenient and Beautiful
Secret Valley Golf Course
Aphrodite Hills Golf Course
Tsada Golf Course
Convenient and Beautiful
Local Tavernas and shops within walking distance
Beaches and unspoilt coast within 5 minutes
Two championship golf courses within 5 minutes, a third within 20 minutes
Petra Tou Romiou, the birthplace of Aphrodite within 10 minutes
Paphos International Airport within 5 minutes
Paphos tourist area 15 minutes
Resort Property
Built over the three phases this resort is scheduled to be completed in 2012 and will consist of 614 units.All apartments come with split air conditioning and heating units, granite work surfaces as standard, and will be finished to the highest possible standards.
The Developer
Terra Divina is another superb development from Alpha Panareti Public Limited.Alpha Panareti are one of Cyprus's leading and most innovative developers, having won many prestigious awards for their excellent projects.With a wealth of experience, comes real pride in their work, an attribute difficult to find elsewhere on the island, ensuring every client is satisfied upon delivery of their property.
The Island
Cyprus is the third largest island in the Mediterranean Sea and attracts millions of tourists every year. Its historicties with the United Kingdom make it a strong favourite among British holiday makers.A large variety of visitor profiles choose Cyprus as their holiday destination, because Cyprus has so much tooffer. With more than 300 days of sunshine and numerous sandy beaches, Cyprus is a haven for the sunworshipper.But there is so much more to this island.Cyprus embraces a rich history, from Egyptians to the Byzantine Empire. The Greek temples, Roman mosaicsand 15th-century frescoes are magnificent.However you decide to enjoy your holiday in Cyprus, whether it's relaxing on the beach, or taking in the vibrantnight life of the many bars and restaurants, the island has something for everyone. From pretty little coastalresorts, to the thriving holiday towns with every possible amenity, the choice is wide and varied.Until you experience Cyprus for yourself, you can never completely fathom why so many holiday makers returnyear after year, and in some cases make those golden shores their new home.