Description for Five Star Kyklades Spa Resort - 2 bedroom Town House the kyklades resort A five-star standard complex comprising various types of two- and three- bedroom houses and one, two and three-bedroom apartments. It is located in the Kapparis resort in Paralimni, only ten minutes’ walk from the beautiful seashores of Ayia Triada and Kapparis and within close proximity of restaurants, pubs and supermarkets, with the town centre only two minutes’ drive away. Specification The development has very high specifications, i.E. Granite worktops, marble staircases (including communal staircase), granite flooring throughout (including hallways), Italian style kitchens, built-in wardrobes, elevators. All rooms will be fitted with air conditioning units (both hot and cold), cooker, hob, extractor fan, refrigerator, microwave, washing machine, provision for satellite TV and isdn internet/broadband (equivalent) access, powder-coated aluminium framed double glazed windows designed and manufactured to European standard, European manufactured sanitary ware, one private allocated parking space per property. Facilities The project benefits of having two communal swimming pools, one children's pool, external communal WCs, showers and changing rooms, children's playground, Games Room (Internet access, Pool table, Table tennis), tennis court, gymnasium, a gated entrance with restricted access, landscaped gardens, tree-lined access roads and high quality outside paving. Private sun beds and umbrellas are designated per apartment. Communal Area The project will employ two people, one a facilities manager to oversee the gymnasium, tennis courts, pools etc; the second to maintain/repair and tend to the gardens on the completed project. Access to the gymnasium and facilities is free to all owners. Communal Charges For the first two years from completion and handover of the property, the monthly communal fees will be at a fixed rate according to property type purchase. This fee will cover the maintenance and upkeep of all communal areas, gymnasium, tennis court, etc. After the second year an additional cyp £5, euro€8.54 per month will be added onto the communal fees which will form a “Sink Fund” to cover future repairs and renovations, i.E. Repainting the complex, etc. Rental Potential As this complex is highly desirable due to its high specification, the rental potential for this project is excellent. Completion The project will be constructed in two phases. Phase A of Kyklades has been completed. Phase B will be completed by the end of February 2009.