Site Layout Plan at Karsiyaka Bay Vista - North Cyprus Properties

 


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The Wellington Estates site at Karsiyaka Bay Vista comprises some 6 donums of attractive land. This is a prime location. There are outstanding views of Karsiyaka Bay from every plot, and the east side of the development is bounded by a shallow ravine, which ensures privacy. In addition, there is a moratorium on new Building Permit Applications in this area, which means that further development will be severely restricted.

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NOTE - This land has been purchased by Wellington Estates Ltd and the Title Deeds transferred to our name. Customers can inspect the Title Deeds and see that we are the registered owners. Unlike many competitors, we do not build on land owned by a Turkish Cypriot landowner who will then be tempted to hold customers to ransom before agreeing to hand over title deeds. In addition, we do not borrow funds from TRNC banks in order to develop property on the land. This is a common practice and banks will take out a charge or mortgage on land in order to protect their loans. Again, your solicitor can carry out a search on our land and verify for you that there are no loans or mortgages.

 

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