WOW! SOUTHERN CYPRUS DUBBED "THE HOLY GRAIL OF INTERNATIONAL PROPERTY INVESTMENT"!

Posted by: cotton in 4walls blog on Jun 9, 2008

WOW!  SOUTHERN CYPRUS DUBBED "THE HOLY GRAIL OF INTERNATIONAL PROPERTY INVESTMENT"!

Dear Fellow Investor,

We've just returned from one of our most successful-ever viewing trips to Larnaca.  We had a number of valued clients join us over there for a few days to view our developments in the Larnaca area, including sites at Pervolia (where we have our penthouse), Kiti, Pyla, and Mazatos. Our clients were able to see with their own eyes all the economic drivers that are fuelling the country (and their investment). 

"Thanks for being such wonderful hosts.  I had a ball and learnt so much.  I am really happy with my investment". - Joy Webber, South London

   

First of all, the flight over there was full to bursting - always a good sign!  On arrival, we were greeted by perfect holiday weather of 30 degrees with a light breeze.  While we collected our luggage, it was interesting to note that the Arrivals Board showed flights arriving from places as diverse as Manchester, Prague, Jeddah, Bahrain, Paris, etc.  For centuries, Cyprus has been a melting-pot of cultures, and this tradition is clearly continuing as the island becomes a major holiday destination for many different nationalities!   The number of different languages being spoken in the Arrivals Hall was something akin to the Tower of Babel! 

New motorways whisked us to our delightful hotel in Pervolia.  On the way, we were able to see that the new international airport terminal is well under way with its construction, consolidating Larnaca's position as the main gateway onto the island.  The Cypriot government has a strategic tourism plan in place, to grow tourism over the next few years.  This includes increasing traffic through the airport from 2 million to 9 million, and the facilities to handle this increase in people are currently being built.  You may also have seen the "Love Cyprus" advertising campaign which is currently running on T.V. here in the U.K.  (www.visitcyprus.com). The Cypriot government have just commissioned the international Cypriot tennis player, Marcus Bhagdatis, to act as the "face" of Cyprus to increase awareness of the island as a holiday destination.  Marcus will be fronting a number of new advertisements and campaigns.

At our hotel, we happened to meet a chap who works for Total Oil.  He (along with a number of colleagues) has been brought in to supervise getting the infrastructure in place to start getting the oil out.  He told us that the oil reserves are sizeable and that many people are being brought to the island to help work on the project.  They are either buying or renting apartments.  The Scandinavian oil company, ProSafe, has already moved its headquarters to Larnaca, and brought 1300 staff with it.  There is a severe shortage of QUALITY accommodation in the Larnaca area, which has always been Cyprus' business hub, but is now been up-graded to a holiday resort area.  This is fantastic news for those of us who have invested there, as the proximity to the airport always increases occupancy, both for corporate lets and holiday lets - of which you have the option of both in Larnaca.

Over the next few days, we took our clients around the area to see our developments. Entry level into Cyprus starts from as little as £6K, which you won't find here in the U.K.  With 30% capital growth predicted, this is SERIOUS leverage of a small amount of money!

We showed our clients the site of the new David Lloyd Olympic Village, the new 5 star Grove Star Spa Resort (both at Mazatos), the site of the new mini-Marina at Pervolia, and the new coast road linking Larnaca, Pervolia, and Mazatos.  All this development subscribes to the golden rule of I.C.I - investment, communication, and infrastructure!  These are the vital ingredients that fuel any investment and if you adhere to them, you minimise your risk and reduce speculative elements.

As far as we are concerned, Cyprus (the Larnaca area particularly) ticks all the investment boxes and we have been promoting it as an investment destination for the past eighteen months and investing heavily there ourselves.  Many people tried to question our judgement and say that Cyprus wasn't anything special.

It was therefore particularly interesting to note on our return, that one of the U.K.'s most high profile property investors and marketeers, Andy Shaw, has just send out a broadcast stating that he now considers Cyprus to be "the Holy Grail of international property investment"!   Andy has a database of thousands of investors and now he is promoting Cyprus to them, the secret is out!  Cyprus was also just on the front cover of "A Place In The Sun" magazine, so you can't get more mainstream than that.  However, we at 4 Walls and a Ceiling, recognised the benefits of Cyprus over 18 months ago!!  What's more, we identified "where" in Cyprus - Larnaca - and we have been proved correct in this, as Larnaca has enjoyed the most significant gains.

When somebody says "invest in Cyprus" - you should ask "where in Cyprus?". If they give you a town, ask "where in that town?".  If they give a development, ask "why that development?".

Do not be sold on just a development alone.  You need to be convinced on why that development, why that town, and why that area.

If you want to know the difference between investing in Paphos, Limassol, Nicosia, Larnaca, Famagusta, Parallimni, Protaras, Aiya Napa etc. then speak to us at 4 Walls and A Ceiling and we will break down the pros and cons of all these places, as we have been involved in Cyprus for a number of years and have the experience to do this.

Whilst it's great that Andy Shaw has acknowledged Cyprus, albeit a couple of years late, he's not the only one.  The sports entrepreneur, David Lloyd, is also investing heavily on the island, building the David Lloyd Olympic Village - a major sports training facility for athletes that will operate year-round thanks to Cyprus' 340 days of sunshine per year. Meanwhile, Harvard University has identified Cyprus as a centre of educational excellence, and is investing in new educational faculties there.  This is creating awareness in the lucrative American market and there is talk of direct flights to Cyprus from the U.S.

If you would be interested in having a free, no obligation personal telephone consultation with our very own tame Cypriot property expert, Nick Tadd (as seen on the BBC 2 programme "The Truth About Property"), then please email nick.tadd@4wallsandaceiling.com.

Please note:  we do not employ any "hard sell" tactics.  We don't need to. Cyprus speaks for itself.  If you see that, you will want to get involved.  If you don't, you won't.  Simple as that.

Meanwhile, on the home front, we are still being bombarded with so-called "no money down" deals.  Indeed, one famous property marketeer is inciting 100 investors to pay £350.00 each to obtain the latest "no money down" deal structure.  That's a cool £35,000 to him!  However, the proof will be in the pudding whether these unsuspecting people will actually be able to bring to fruition what he tells them.  We're pretty certain that most of these deal structures, because they are so flawed, rarely amount to anything - but the people promoting them make a lot of money along the way, even though you don't.

For novice investors in particular, it is very confusing as one person is saying they can do "no money down", and we are telling them otherwise.  At the end of the day, you must decide who to trust.

Since April 2008, it is our opinion that there are now no legitimate ways to do "no money down" deals here in the U.K. with the current mortgage products, and taking into account Council of Mortgage Lenders and Law Society Guidelines.

To this end, we have joined forces with our friends at Property Traders to bring you the truth about "no money down" deals and to bring into sharp focus the dangers of doing them, not only from a legal standpoint, but also from a tax perspective; something that is always overlooked by novice investors.

This is an unbiased, independent report exposing the serious tax and legal implications of doing deals in this format and it will answer all your questions about whether you should be entertaining these deal structures.  There are issues here which no one else will tell you and YOU NEED TO KNOW THEM.  There is no need to be confused any longer.

For further information, or to purchase your report for £29.99, please click here:



We at 4 Walls and A Ceiling have a deserved reputation for always giving you the best possible advice and property intelligence.  As you can see from above, we started promoting Cyprus 18 months before Andy Shaw. Our investors will subsequently have made far more significant gains, as they started earlier.

Unlike most other companies, we have been warning our clients of the dangers of doing "no money down" deals for several months now.  Yet people still believe it when someone tells them that they have found a way to fudge the system.   No doubt, you will be asked to use their solicitor and broker.  Ask yourself "why"? If the deal is legitimate, you should be able to use any broker and solicitor you choose, as transparency is a pre-requisite of any legitimate property transaction.

The bottom line is ... if you are not disclosing the incentive and/or discount to the lender, it is tantamount to mortgage fraud.

Our report dissects all these latest "no money down" systems and exposes their flaws and also flags up the legal and tax implications.  If you are found to have done one of these fraudulent transactions, you can end up with a prison sentence and owing the Taxman thousands of ££££££'s.

Before entertaining doing one of these deals, you need to read our report.

For further details click here

It's worth noting that many of these deal structures require two sets of solicitors, exhorbitant bridging fees, etc.  That is most certainly NOT "no money down".

If you read our report, you will be convinced that it is now not possible to do it here in the U.K. - NO MATTER WHAT ANYONE ELSE MAY TELL YOU.

You can buy our report for £29.99 at the following link: please click here



Please do not waste your money on reservation fees, valuations, solicitors fees etc. This report will explain why and tell you the legal and tax implications of what you are contemplating doing.  The entity trying to sell you a "no money down" deal will never tell you these facts or be able to answer your questions about them.

However, if you are going to do one of these questionable deal structures, please at least be aware of the legal and tax implications and make provision for them.  In property, if something goes wrong, it is YOU that carries the can as you signed the mortgage agreement. And don't let anyone tell you otherwise.

So, to summarise, Cyprus is currently looking a lot more attractive as an investment destination than the U.K.  With big guns like Andy Shaw promoting it, you need to get going quickly before too many people get wind of it.  The biggest gains are made whilst it's a "best kept secret".  Now Andy Shaw has dubbed it the "holy grail" of international investments, the secret is well and truly out and every man and his dog will be investing over there, which again will fuel the market, as demand increases.

If you would be interested in having a free, no obligation personal telephone consultation with our very own tame Cypriot property expert, Nick Tadd (as seen on the BBC 2 programme "The Truth About Property"), then please email nick.tadd@4wallsandaceiling.com. 

Please note:  we do not employ any "hard sell" tactics.  We don't need to. Cyprus speaks for itself.  If you see that, you will want to get involved.  If you don't, you won't.  Simple as that.

We offer viewing trips from £149.00 per person.  Unlike other companies, who will tell you that you do not need to go and see your investment as "it is just a grey box that makes you money", we do not advocate that you buy any investment unseen.  We actively encourage you to go and see your prospective property.  After all, when you buy a new car, you test drive several different models.  When you buy a mobile phone, you check out several different types.  When you buy a new pair of shoes, you try on several different pairs.  Therefore, when you make a property investment (where there is a lot more money involved), we encourage you to understand it from every angle.  It could be financial ruin not to!!  So, if Cyprus sounds of interest to you, get in touch with us, and get yourself over there as soon as possible to see it with your own eyes and get an understanding of what the island has to offer your prospective tenants/clients.  You can buy property by science and maths, but there is also an emotive element that should be considered.    After all, if you would not want to rent/live/holiday there, then probably other people might feel the same! 

With its spectacular scenery and enviable climate, it's no wonder that Aphrodite, Goddess of Love, chose Cyprus as her playground in ancient times.  Since then, mere mortals have been discovering this 'land fit for Gods' for themselves!.  Maybe it's your turn now!



For a copy of our e-book about investing in Cyprus, please click here.