Golden Shores off-plan overseas investments offer a unique 'one-stop shop' to assist you in creating wealth for your future, through purchasing 'off plan' 5 star, high growth, prime location, overseas property in southern Cyprus.
For further information on southern Cyprus, click on "Why Cyprus?" above.
We work with a dedicated network of property professionals, who only engage with the most reputable and secure property developers, banks and legal advisors.
We are governed by the industry recognised AIPP (Association of International Property Professionals) to offer best advice, guide you through every step of the buying process, and provide a dedicated, personal 'one on one' after sales service.
Before committing to any location for investment properties, we conduct rigorous due diligence checks to ensure that we can then offer our clients a complete, safe and secure 'one-stop shop' property investment package including:
(These links taking you to some of our carefully selected partners. You can access these websites directly and conduct your own property and mortgage searches. However, the prices and rates shown will not benefit from the significant discounts available through our exclusive direct liaison with the developers and banks.)
Personal quotes are available with absolutely NO OBLIGATION to buy.
Safe Investment
With the growing uncertainty of personal pensions, endowments and stocks and shares, 'Off Plan' property investment is rapidly becoming a more popular way for individuals to take control of their finances.
So whether you are a seasoned property investor, looking to extend your property portfolio in the emerging high growth overseas market, or taking your first step as a first time buyer - we can help.
Wealth creation through property investment
What Is Off-Plan?
Buying a property 'Off -Plan' has now become a mainstream 'pension solution' for many people.
Many individuals have succeeded in creating significant wealth, in a short period of time, by investing in property this way - it is likely that you may already know someone who has.
Ask yourself, what one single thing has made you more money than anything else?
It is probably the home you live in.
Now consider how easy it was to generate that level of profit - it was just a question of waiting! The longer you wait, the more your house value increases.
Buying 'Off Plan' is simply a way of acquiring wealth by buying a plot, on land that has been acquired by a developer, where houses or apartments are to be built, then waiting. Your 'Off-Plan' plot is reserved by you before the building commences, with your only financial commitment being a deposit.The mortgage does not commence until the property is completed.
During the time it takes to complete the property (normally 6 -9 months in the UK), depending on the economy and location, the value of the property increases (typically by 3-7% in the UK),
In Southern Cyprus however, the build period is 3 years for the entire development, so you benefit from a full 3 years growth. You make this profit on completion of the property, before you even start paying for it!
This concept is called 'gearing' and many people use this profit to repeat the process and buy more properties, thus 'building a portfolio'.
It's simple, it's legal, it's easy and it works!
However, the 'bubble has burst' somewhat now in the UK as:
- the entry level to get on the UK property ladder is higher now for individuals
- the credit crunch is making mortgages harder to secure
- house price inflation in the UK has slowed from previously double digit growth per year to low single digit growth
This is why more and more people are now turning their attention to the higher equity gains that buying overseas can offer.
Gearing
Buying Off-Plan enables you to grow the equity on your property, during the construction period, before you start paying your mortgage (typically 3 years in southern Cyprus)
Using someone else’s money to fund your investment
- £30,000 in cash – in traditional investments (ie. stocks & shares, bonds, pension plans, savings accounts, etc)
- 3 years compound growth @ average 8% on £30,000 = £7,791
However…
- £30,000 deposit buys a property valued @ £200,000
(Based on 15% initial deposit (5% on completion in 3 years) with a
mortgage for £160,000)
- You now get the 8% growth on £200,000 not £30,000
- 3 years compound growth @ 8% on £200,000 = £51,942
However…
- Capital growth on ‘Off-Plan’ property in southern Cyprus is currently averaging 22% per year, not 8%!
Allowing for mortgage repayments, there are obvious benefits. |
