Busy Bees the Estate Agents in Bogaz

Estate Agents for Villas-Apartments-Property and Land sales in North Cyprus

AN INVESTMENT IN NORTH CYPRUS. A UNIQUE OPPORTUNITY TO BUY A SLICE OF THE BOOMING NORTHERN CYPRUS PROPERTY AND AND HOLIDAY MARKET.

WE ARE DELIGHTED TO PRESENT WHAT IS POSSIBLY ONE OF THE MOST EXCITING BUSINESS OPPORTUNITIES TO COME TO THE NORTH CYPRUS PROPERTY MARKET IN RECENT TIMES. THIS VENTURE WOULD BE MOST LIKELY TO APPEAL TO AN ENTREPRENEURIAL INDIVIDUAL OR SYNDICATE WHO CAN VISUALISE THE PROFIT POTENTIAL, OR TO A SHREWD INVESTOR INTERESTED IN MAKING A GOOD RETURN ON INVESTMENT.

Crystal Rocks is an active business in the form of a unique holiday village built in 2007. The business on offer consists of:

• 62 guest bungalows finished to a high specification and well equipped.
• Ample parking for guests and visitors.
• Superb swimming pool.
• Reception and restaurant/bar building.
• Beach frontage.

Location.

Crystal Rocks Holiday Village is ideally located on Famagusta Bay which is on the east side of North Cyprus. The business is on the coastal road that runs from the major city and seaport of Famagusta to the Karpaz Peninsula. The airport at Ercan is an easy drive of 30-45 minutes and the South Cyprus airport at Larnaca is easily reached and is proving a popular holiday route now that border conditions have improved.

Current Business Format

The business is currently running on the following broad format. With only one season completed it is clear that full potential has not been achieved which means that the new owner/s can either build upon the current client offer or take a completely “clean canvas” approach.

The holiday market is currently targeted using various online booking agencies and other marketing techniques.

Guests are welcomed into the spacious reception building where there is currently a 24 hour check in/out facility. Normal facilities that one would expect from a quality establishment such as currency exchange, cloakroom, lift access and hotel safe are available.

There is a very pleasant restaurant and bar overlooking the sandy beach and the Mediterranean Sea where guests can enjoy breakfast, lunch and dinner.

The bungalow accommodation is of a high standard and all rooms are currently equipped with:

Air-conditioning, satellite T.V., minibar, radio, direct telephone, hair dryers, toaster, microwave and other amenities.  It can be seen that providing these facilities may allow guests a range of cost options to tailor their holiday budget and would allow the business owner a wide scope for client targeting.

Potential Market

It is probable that the new owner/s of this business will bring their own experience to this venture but being very reasonably priced and already established, it may also appeal to a business person from outside the holiday market industry. It may also even be considered as a first time venture for a go ahead individual or business syndicate. We do not pretend to be experts in this field but can draw attention to one or two factors that may be considered.

• Two major airports are within easy reach. This would suggest that an airport client collection service would be viable and would open up the European / International pool of potential holiday clients.
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• There is a potential market within Cyprus for holidays and short breaks. Beachside vacations and breaks are popular with Cypriot and other nationals living inland or in the towns and cities. In addition the Eastern Mediterranean University is located nearby in Famagusta. Here there is a potential market pool of over 15,000 students and lecturers that could possibly be of interest.
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• There are increasing numbers of visitors from the U.K. and other European countries, also from Russia and many other countries. Many of these visit for the purpose of exploring the North Cyprus property market and require flexible accommodation.
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• The possibilities exist for developing a very flexible pricing offer from full board to self catering within the basic framework. This increases the options available

Summary

Crystal Rocks Holiday Village is located in an idyllic position on Famagusta Bay, North Cyprus, and offers enormous potential for development. The properties are almost brand new and low maintenance costs can be anticipated in the early years of business development by the new owner/s.

In our opinion it is highly probable that a well constructed business plan, correctly managed, would yield excellent profits from clearly identifiable market potential.

North Cyprus is outside the euro-zone which offers a clear advantage under current currency exchange rates.

The existing set up of accommodation, restaurant, and bungalow catering equipment, opens up the prospects for a very flexible offer to the holidaymaker/vacation market.

With property values still increasing in North Cyprus we would predict a healthy return on investment based on capital value growth alone. If the expected resolution to the North/South Cyprus issue is achieved, then property values are forecast to increase dramatically.

In our experience it is genuinely very rare for an opportunity such as this to become available in North Cyprus. We would strongly recommend that those seriously interested should contact us as early as possible to further investigate this opportunity to own a slice of the blossoming North Cyprus property and holiday market.

This holiday village complex is on the market and is priced to sell quickly.

Offers are invited in excess of £2,000,000 (GBP).  Please CONTACT US quoting Ref:0323