Exchange Blocked Funds In The Bank Of Cyprus For Luxury Property At Aphrodite Hills Resort

News provided by

Aphrodite Hills Real Estate

Jan 18, 2014, 03:00 ET

(PRWEB UK) 18 January 2014 -- It is with great pleasure we would like to announce that Lanitis Development Ltd has been successful in obtaining permission to release blocked clients’ funds from the Bank of Cyprus, for the purpose of buying any luxury property at Aphrodite Hills Resort. Lanitis Development Ltd, developers and owners of this 5-star establishment, has already successfully concluded several deals of this kind and would now like to extend this opportunity to other clients, who wish to exchange their blocked funds for a luxury property.

Lanitis Development Ltd is committed to ensuring the success of each exchange and to providing all clients with assistance throughout the entire procedure.

•An example of how the blocked funds can be paid in exchange for property:

FOR A €1,500,000 DEPOSIT IN THE BANK OF CYPRUS:

  • €712,500 - Converted to Shares
  • €225,000 - Cash Released
  • €562,500 - Converted to 3 Equal Fixed Deposits

(with maturity dates 6, 9 and 12 months each)

These 3 deposits can be used for the purchase of any property at Aphrodite Hills Resort. Additionally, it is at the discretion of Lanitis Development Ltd to consider the exchange of a small percentage of shares as part payment for the purchase of property.

•The price range of available properties at Aphrodite Hills Resort is as follows:

  • Apartments: from €242,500*
  • Junior Villas: from €790,800*
  • Villas: from €779,400*

*Note: above prices include 5% VAT. VAT at 5% will be charged for first time purchasers buying for own use and provided the relative approval is secured from VAT authorities.

Property Inspection Visit
Aphrodite Hills Real Estate is offering potential clients the opportunity to partake in a 3-day Inspection Visit Package. This consists of 3 days complimentary stay at the 5-star InterContinental Aphrodite Hills Resort Hotel. A private Property Tour is arranged for each guest. A meeting with the Real Estate Sales Team allows interested parties to discuss the exchange of blocked funds for property in further detail.

Contacts
For further information on the exchange of blocked funds for property, or for any real estate enquiries, please do not hesitate to contact the Real Estate Sales Team using any of the following methods:

Aphrodite Hills Real Estate Office:
Village Square, 3 Aphrodite Avenue
Kouklia 8509, Pafos, Cyprus.
Tel: +357 26 82 80 50
Fax: +357 26 82 80 01
email: info(at)lanitisdev(dot)com

Aphrodite Hills Real Estate Office - UK:
40 Arlington Road, London N14 5AS.
Tel: +44 (0) 771 000 8517
email: infouk(at)lanitisdev(dot)com

Aphrodite Hills Real Estate Office - Russia:
107553, Moscow, Bolshaya Cherkizovskaya,
24A, Construction 1, Business Center "Etalon", 7th Floor, Office 716
Tel: +7 (495) 766 46 78
Mob: +7 (916) 576 79 45
email: ru.marketing(at)lanitisdev(dot)com

Website: http://www.aphroditehills.com
Twitter: @AphroditeHillRE
Facebook: Aphrodite Hills Real Estate

Aphrodite Hills Real Estate, Aphrodite Hills Real Estate, http://www.aphroditehills.com/, +357 26828004, [email protected]