Wellington Estates Ltd is a North Cyprus registered property development company. Our mission is to purchase attractive parcels of land and construct quality villas and apartments for customers.
We are committed to designing and constructing villas on land we ourselves own. Due to the fact that purchasing land in overseas locations is often a complex and risky matter, we only conclude purchases after exhaustive searches of local title deeds have been made.
The fact that the land on which villas are built is owned by ourselves provides significant reassurance to non Cypriot purchasers of our properties. During the last 8 years we have purchased several significant banks of land. All this land has been paid for in full and there are no mortgages, loans or any other charges on our land. In addition, prior to any proposed land purchase, we conduct a range of searches. This not only tells us the status of the land in terms of North Cyprus Title Deeds, but also whether the land was in Greek Cypriot occupation or ownership prior to 1974. The latter point is vitally important as we wish to be assured that there are no dispossessed Greek owners seeking to reclaim land.
For this reason, all Wellington Estates properties are built on land which we own. Please ask your solicitor to examine our title deeds and perform a Land Search.
In addition, Wellington Estates Ltd gives customers a Land Guarantee that indemnifies a customer against any future adverse claim.
For those clients who want a mortgage in order to defray the cost of a property purchase, we offer mortgages of up to 15 years.
Most Wellington properties are built 'Off Plan'. This means that customers can tailor the main property layout to suit their individual needs.
Wellington Estates design and build stylish and adventurous properties for discerning customers, with taste, sophistication and imagination.
The directors and management of the Company are split between North Cyprus and the UK. There is a UK Chairman and an office in South Wales which can assist UK Purchasers and investors.