This development is an Exclusive 5-star Year-Round Luxury Health Spa Resort Complex which consists of 2 bedroom apartments and is located the seaside area of Kapparis.

This exciting new project is situated in the highly sought after resort of Kapparis a stone’s throw from Paralimni and only 5 minutes from centre of the popular Protaras tourist resort and within walking distance of the top 3 beautiful sandy Beaches: The Malama Beach, Fireman's Beach and Ayia Triada - the closest of them being less than 500 meters. 

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Shared ownership is a form of collective asset purchase between a set number of individuals. David Lloyd Resorts use this principle to provide people with the opportunity to share in and enjoy property ownership that may previously have been unobtainable as a sole investor.

How Shared Ownership Works?

·          Each property is divided into 13 share holdings

·          There are 3 price bands to chose from based on desired seasonality

·          The 13 owners hold a share of the property proportionate to the amount of equity invested

·          All owners share equal occupancy rights

·          2 weeks per annum reserved within the price band = 13 owners x 2 weeks = 26 weeks

·          2 ‘freedom’ weeks to be taken during any of the 26 weeks of year remaining open each year

·          The business plan is to sell the property after 10 years (providing the majority of owners agree)

·          The proceeds of the sale are returned to the owners proportionate to their share equity held

·          All owner shares are legally protected and their capital deposited in Escrow accounts

Benefits of Ownership

Becoming a shared owner also enables both Reserved Weeks and Freedom Weeks to be exchanged for the same entitlement at over 2’000 properties available within our Exchange Programme. Once more, the facility also permits exchanged weeks to be banked for up to 3 years.

·          Owning a beautifully designed holiday home in an outstanding location

·          Investment commensurate with amount of time spent at the resort

·          Guaranteed 2 reserved fraction weeks and 2 ‘freedom weeks’ each year

·          An exchange facility providing over 2,000 alternative resort destinations

·          An opportunity to generate rental income

·          Complimentary first year maintenance fee

·          Guaranteed Rental Income to a yield of 4%

·          Full resort management

·          Secure legally certified purchase mechanism.

·          Share of the property value at re-sale.

·          Flexible consumer finance packages available.

·          Ownership may be considered through Personal Pension funding (SIPP)

Owner Share Capital

All resort purchases come with the assurance of share ownership certificate, issued by Citadel Trustees.

At re-sale this means all owners are guaranteed to receive a capital return proportionate to their share equity held.

Each Silver Fraction - 6.3% share capital held

Each Gold Fraction - 7.9% share capital held

Each Platinum Fraction - 10.55% share capital held

Ownership Peace of Mind

David Lloyd Resorts has selected Citadel to act as client trustees.

Citadel has 25 years experience providing bespoke trustee services for overseas property investment.

Citadel ensures that all transactions are regulated and transparent by:

·          Providing a secure legal framework for purchasers

·          Controlling all payments through ‘Client’ Escrow Accounting

·          Governance of Occupancy Rights

·          Protecting the rightful interests of all Owners

·          Protecting distribution of Ownership capital at point of sale

Financing Ownership

DLR has selected HMC Funding to provide finance facilities for their clients.

HMC are one of the country’s leading overseas property funding specialists and have provided David Lloyd Resorts with a range of flexible consumer finance programmes designed specifically for shared ownership agreements.

·          Unsecured Loan amounts up to £25’000 (subject to status)

·          Funds provided by Barclays Bank plc

·          Flexible repayment terms to suite most owners.

·          Secure loan transfers to Citadel Trustees through Escrow accounting.

·          HMC Benefit Programme

·          HMC is authorised by the Financial Services Authority, licensed under the Consumer Credit Act 1974 and is a member of the Financial Services Standards Association

Lifestyle Proposition

All resort properties are hand selected by David to ensure owners are purchasing at the right resort in the right location.

·          Properties are designed and built to an exacting standard and complemented by tasteful interiors with contemporary luxuries

·          David personally selects resorts for their outstanding leisure facilities, entertainment and amenities

·          Ownership provides a 5 star vacation lifestyle at a fraction of the cost of renting or buying outright

·          Owners are guaranteed reserved vacation weeks each year just when they most want them

·          Ownership includes extra ‘Freedom Weeks’ to enjoy other DLR resorts and destinations within the Calendars

·          Free entry into our worldwide exchange programme and a chance to explore so much more than owing outright

·          Marketing assistance renting ownership weeks when required

·          A capital returned at the end of the ownership term offsetting some or all 10 years vacation costs

·          Stress free ownership without on-going maintenance and administrative problems

·          It truly is affordable and avoids the worry of securing funding in order to own a property outright

·          No complicated legal negotiations with developers, planning authorities or governments authorities

·          David Lloyd’ is a household name with an exceptional business track record

·          David Lloyd has developed, operated and owned an extensive worldwide property portfolio

Investment Proposition

·          Share capital can be borrowed through a consumer finance agreement.

·          Owners are buying at favourable market position.

·          Shared ownership reduces the cost of annual vacation time.

·          Reserved and Freedom Weeks can be rented providing a guaranteed annual income.

·          There is capital growth potential with original sum invested returned proportionate to the number of shares held.

·          Owners can buy a premium shareholding in order to maximise rental income and use Freedom Weeks for vacation time.

·          Holding multiple shares in multiple resort property can spread investment between multiple economies.

·          Ownership may be purchased through existing SIPP contribution so there is no new initial outlay.

·          SIPP investors can subscribe to the Owner’s club and enjoy discounted resort rentals.

·          Owners can opt to take a guaranteed rental to a yield of 4% pa by signing over their 4-week entitlement to DLR