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Coming soon - market leading apartment offer in Crimea!
The Lighthouse apartments and Spa Centre
Amazing panoramic sea views
If there's just one development offer in Europe you should consider, this is it!
One of Europe's undiscovered holiday hot-spots, the Crimea, is the site for Hanroc developments latest project. For investors, there is exposure to a whole new market of renters - holidaymakers from Ukraine, Poland, Russia and CIS states. Their wealth is growing fast, on the back of rising energy prices and strong, low tax, economic growth.
For investors, this is a great alternative to the credit constricted Western markets, such as US and UK. Russia is the world's second largest oil producer and with oil prices at $100 a barrel and rising, their economy is awash with cash, quite a bit of which is finding its way into their favorite holiday playground, the Crimea.
Life's hard for Russians... hard to find a yatch berth
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The Crimea is considered the most beautiful place for a coastal holiday - good enough for the Tsars, their successors, the politburo and now Russian and Ukrainian well to do holidaymakers. Infrastructure is good and scenery stunning. And the airport at Simferopol is much improved (with another near the South coast, not far from this development, already taking Russian holiday flights - your future tenants).
Visitors to the Lighthouse apartments will be able to see the harbour in this picture, which is packed full of luxury yatchs, some with crews of on permanent stand-by.
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The Lighthouse project is situated in Sevastopol, a City with the strongest Russian heritage in Crimea and major naval base. Holiday home seekers from the more ethnically Russian Eastern parts of Ukraine feel particularly at home here. Add to this the long standing attraction of the area throughout Ukraine as a holiday destination. Add buyers from Russian personnel based there and from abroad and you have a market which has multiple supports. All helping to explain why its property market is growing faster than even the capital Kiev.
Our project is in a stunning location with full on sea views, and ticks all the boxes. The local authority who are assisting with the project consider this one of the finest locations. They appreciate the importance of this project in bringing the Crimea to the attention of the Western Holiday home seeker and investor and are giving a high level of support.
Luxury seafront living
Designer styled apartments, with wide patio doors bringing the stunning sea view right in to the living area.
Large "sun deck" balconies offer a superb outdoor living experience.
In short, these apartments will set a new, much higher standard for Crimea.
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- Amazing Sea view for all apartments - yes, on 3 sides.
- Private sea frontage - yes. Nothing can be built in front.
- Near sandy beaches - it's located on the promontory where the best beaches are.
- Close to city centre - yes, plenty of shops, fantastic classical architecture and wide range of night life
- Appeal to boat lovers - you bet
- Fast growing local rental market - yes
- Very low capital gains (5%) - yes
- Lots of well off local buyers - 80% of whom buy with cash!
Local Roman ruins
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Established holiday infrastructure
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Classical architecture
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(These pictures are of places in the area where the Lighthouse apartments will be situated)
The apartments will have extensive leisure facilities, to make a "one stop" holiday destination. Plus, as an added benefit, Hanroc will be releasing the apartments at prices well under those priced locally, despite the fact that this project is superior, we believe, to anything else on offer in the region. The Crimea isn't a cheap place - it's the local south of France - and apartment prices typically exceed other markets in the region, such as Bulgaria.
Of the few developments on offer at present, prices range from about 1500 Euros m2 for ugly "prison block" style, to 4500 Euros m2 for reasonable sea view apartments. Parking spaces on a near by development sell for no less than $30,000!
Despite this very high pricing, the Lighthouse apartments are provisionally priced at only 1750 Euros m2. This is no less than 60% less than comparable apartments! Skeptical? Then check out these other developments and what you get for 5000 Euros m2 (Current offers on Crimea South Coast )
These lower prices will create a ready made built in equity for apartment buyers. The apartments will be offered to the Western market, before release to Eastern ones, at lower price. All could be sold locally, but we are an international company and will offer most to Western buyers. This is an exceptional advantage rarely available in other markets.
First come, first served!
This project will be a landmark one that will attract international publicity when released.
There has been and continues to be a lot of work in bringing this project to market. Ukraine is not an easy place to do business. We are working in close co-operation with local government and the project is being fast tracked. Release should be late September. The wait will be worth it, we can assure you.
It is very likely this project will be sold out before being advertised. Already, 25 apartments have been reserved for local purchase. The only way to have a chance to participate is though having a pre-release ticket. Ticket holders will also receive pre-release newsletters, which will not be available publicly. Choice of apartments is strictly in order of enquiry. Fill in your details below and you will be allocated a position according to date of receipt. On release, full details will be sent to you and you will have the option of paying a 1000 Euro reservation. There is no commitment at this stage.
Click here to see draft Release brochure…
 
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