***** 5 STAR ***** resort in Monchique/Algarve is a unique $ 50 million condo hotel development

The 195 unit development ,nine acre condo resort hotel is located in a lush area with 83% of the property marked as protected natural reserve.

The confirmed deal structure is –
20% instant equity
80% mortgage is just £170,000 sterling (based on Prices of €255k )
Fully furnished 1 x bed, 2 x bath apartments (€15,000 furniture pack INCLUDED)
Upfront commitment fee of £2550 (this includes a £550 non refundable admin fee)
2 Years Mortgage Guarantee on completion
20% Instant Equity of €51,000 – €59,000 – Up to 80% loans available on availability attached above.
Year 3 – 50/50 split of income (see attached rental projection income detail)
Developer projecting a 6.5-7.5% income year 3 onwards based at 65% occupancy (see attached projections)
4 weeks a year personal usage (personal usage is not totally free, the client will be required pay just 10% of the room rate charge for the period they choose to visit, but there are no additional fees to pay when they stay – i.e. maid/turndown/weekly check out clean etc)
Part of Interval International worldwide network group – trade personal usage for weeks away elsewhere globally

Please contact us for more information, PDF brochure is available.

An award winning ‘Cypriot Developer’ along with an award winning ‘UK Based Overseas Property Agent’ present what is undoubtedly one of Europe’s finest Fractional Ownership Developments.  

An attractive step up from Holiday Ownership… A great deal with no hidden expenses and with no further costs to pay for 3 years!

 RightBuy Homes Presents ‘Coral View Fractional Ownership Club’.

Coral View is a small attractive private resort located on the edge of the popular village of Peyia, Nr Paphos, Cyprus.  The resort totals just 75 properties combining apartments and townhouses which are all grouped around a large swimming pool to create a well-integrated community which enjoys stunning views across the valley to the sea at Coral Bay. 

 All the units come ‘key ready’ and fully furnished for immediate holiday usage, all the units are bright airy and spacious, in fact many of the top floor units have large private roof terraces as do many of the townhouses.  Experienced permanent property management comes from ‘Alpha Panareti’, thus ensuring that the whole project is maintained in the best possible condition all year round.

 Why Coral View?

• Small Private Resort
• 12 Month Complex
• Popular Thriving Village Location of Peyia
• Stunning Valley & Ocean Views of Coral Bay
• Local Banks, Shops, Bars, Restaurants, All Walking Distance…
• Coral Bay Beaches & Attractions Just 5 Minutes Away
• Kato Paphos Just 20 Minutes Away
• Paphos International Airport Just 30 Minutes Away
• Nearest Golf Course (Tsada) Just 20 Minutes Away

 Coral View Fractional Ownership Club – Key Selling Points

• Discounted Launch Prices Until 28^th August 2010
• No Money Down!
• Optional 100% Assisted Finance From Barclays Bank (STS)
• No Further Costs To Pay For 3 Years!
• Fully Inclusive Property Prices From Approximately £13,075
• 1/12^th Fractional Share = 4 Weeks Usage Per Annum / Rolling Calendar
• Key Ready Properties / Immediate Holiday Usage
• Award Winning Developer & Agent
• Experienced Management Company
• Freehold Ownership / Instant Asset
• Trustee (Client Security & Safety) – First National Trustee Company (FNTC)
• All Legal Fees & V.A.T. Included
• All Government Fees & Taxes Included
• All Set Up & Administration Fees Included
• Full Sky Satellite Reception /  I Internet & WiFi Connections Included
• Luxurious Furnishings & Fittings Included (Fully Furnished)
• Welcome Packs For Each 2 Week Stay Included
• Full Cleaning & Laundry Services Included
• Full Maintenance Services of Project / Apartments Included
• Management Call-Out Services For Emergencies & 3 Years Management Fees, Sky Subscriptions, Utility Charges, Insurance Costs & Local Taxes

Available Fractional Property – Sizes & Prices:

 35.9sqm – Studio Apartment                      £13,075  

68sqm – 1 Bedroom Apartment                 £19,441

108sqm – 2 Bedroom Townhouse             £26,500 (Special Launch Price!)

108sqm – 2 Bedroom Duplex Apartment  £26,500 (Special Launch Price!)

1. View project information and have all your questions answered
2. Discuss your needs and choose your property from our exclusive selection of units
3. Sign Contract of Sale
4. Apply for funding (if required) from Barclays bank (Same day decision)
5. Complete Contract of Sale
6. Barclays/Purchaser transfers funds to the UK Trustee (FNTC)
7. UK Trustee (FNTC) transfers funds to the developer
8. Property made available to purchaser according to chosen fractional share 

The process to ownership here at Coral View Fractional Club really couldn’t be simpler or safer… 

 Cyprus is a beautiful country, why wait any longer…

 We look forward to providing you with further detailed information shortly.

Team RightBuy Homes.

Image Gallery ( The following images are the actual property and furnishings you will receive on this fractional offer) :

(Property type Alida – images)

(Property type Jenna - Images)

(Property type Eleanora - images)

(Exterior Images)

Please contact us for more information, PDF brochure is available.

Hondón de las Nieves

These villas are available in 2 Bedrooms (Modelo Conchita), 3 bedrooms (Modelo Carmen) and 4 bedrooms (Modelo Alejandra) with 2 bathrooms. These properties have a large terrace and a very large solarium. All of the plots are from 400 m2 which provides plenty of space for parking, garden and space to construct your own swimming pool. A lovely veranda leads to the lounge, where you will find the American style kitchen fitted with granite worktops and plenty of quality units. Bathrooms are luxurious, with first class fittings and superb tiling, while bedrooms have large built in wardrobes. There is every opportunity for making the most of the outdoor lifestyle, with terraces, a solarium with mountain views and a garden large enough for a swimming pool, available as an optional extra. Some of these homes have the possibility to be built with a basement. There is off road parking within the grounds of the walled garden. These homes are ideal for permanent living, with the village of Hondón de las Nieves five minutes away. There you will find shops, banks, schools and medical facilities, as well as a choice of bars and restaurants. There are traditional bodegas selling locally made wine and a pleasant plaza for relaxing over a cool drink. The beach at Gran Alacant is half and hour drive, and there are two golf courses 30 minutes away. Hondón de las Nieves has excellent access to major roads, with connections to Alicante Airport 20 minutes away and San Javier Airport at Murcia 50 minutes drive.

Modelo Carmen

We currently have villas available now (Key in Hand), with also some plots where clients can choose the style of the property they require.

prices start from:
€138.800 only one left for this price (Modelo Conchita ) 2 bed 1 bath.
€149,000 (Modelo Conchita ), 2 bed 2 bath.
€168,000 (Modelo Carmen ) 3 bed 2 bath.
€240,000 (Modelo Alejandra ) 4 bed 2 bath.
€265,000 Show House property (Modelo Carmen main picture ) 3 bed 2 bath.

Please note the pictures are based on the show house property.

Please contact us for more information.