Luxury Villa in Protaras for High-Net-Worth Investor
€780,000 · 15 years · 3.85% fixed. A high-net-worth investor from London was purchasing a luxury five-bedroom villa in Protaras on Cyprus's eastern coast, intended for premium short-term holiday letting through a high...
The Client
HNW Investors
The Challenge
A high-net-worth investor from London was purchasing a luxury five-bedroom villa in Protaras on Cyprus's eastern coast, intended for premium short-term holiday letting through a high-end villa management company. Annual rental income projections were substantial.
Our Solution
Doulton placed the mortgage with a private Cypriot bank. The villa management company's income projections and track record with comparable properties were submitted with the application. The villa was purchased through a Cypriot limited company for tax efficiency, which the lender accepted.
The Outcome
Villa purchased through Cypriot company structure. Management company in operation from first season. Gross rental yield: 7.8% on purchase price in year one. Key highlights: Cypriot company structure accepted as borrower; Management company track record supported application; Gross rental yield 7.8% in year one.