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The asset is an incomplete seafront residential development which consists of 17 residential units (12 villas & 5 maisonettes). It is located only 50m from the beachfront enjoying beautiful sea views. Two villas (No 2 & 3, almost completed) and 1 maisonette (No 2) are sold. The construction process stopped around 9 years ago. The generic plan of each villa consists of an open plan dining room/kitchen, a living room and a toilet on the ground floor. The first floor consists of a number of bedrooms some of which are ensuite and a bathroom. The ground floor consists of a number of rooms, including a laundry room, and a storage room. The generic plan of the maisonettes consists of an open plan kitchen, an open plan dining/living room and a toilet on the ground floor. The first floor consists of a number of bedrooms, some of which are ensuite and a bathroom. The complex is served by a communal swimming pool. Some villas have their own private swimming pools. Contact details of receiver company: PV IPPS Cyprus Ltd 121 Prodromou Street, Office 501 Hadjikyriakion Bldg, 2064 Strovolos, Nicosia P.O. Box 25595, CY-1310 Nicosia, Cyprus T: +357 22 444 234 | F: +357 22 444 235| E: info@ippscy.com
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