Five Bedroom Apartment in Famagusta
Canakkale, Famagusta, North Cyprus
£225,000
Price verified 2 days ago- Property Ref: 1899
- Affordable price.
- Prime Location: close to Famagusta city center, beaches, and Ercan Airport, with easy access to main roads and public transport.
- Resort-style amenities: Includes a large outdoor pool, landscaped gardens, and social relaxation areas.
- Gated community.
- Flexible payment plan.
Facilities
Property Location
This project is located in Canakkale (Famagusta area).
- Supermarket 1 min
- Shopping Center 3 mins
- Restaurants 3 mins
- Bank 3 mins
- Beach 5 mins
- School 5 mins
- Famagusta Port 6 mins
- University 8 mins
- Larnaca International Airport 40 mins
- Ercan International Airport 55 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £78,750
- Installments until key delivery (65%) £146,250
- Show 7 months installment plan
- Total amount £225,000
Additional Fees Calculator
- Property price £225,000
- VAT (5%) + £11,250
- Stamp duty (0.5%) + £1,125
- Title deed transfer + £27,000
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £268,875
Return on Investment (ROI)
Projected investment return of
£362,818 in 5 years
About the Project
Situated in the well-connected Canakkale district of Famagusta, this thoughtfully designed gated community offers a blend of comfort, style, and convenience. Spread across four three-storey blocks, the project features a variety of unit types to suit different needs — from compact 1+1 apartments to spacious 5+1 residences, as well as commercial spaces ideal for business ventures.
Residents benefit from a secure environment with designated parking, a communal swimming pool, landscaped green areas, and inviting relaxation zones designed for socializing or unwinding. Whether you're looking for a modern home or an investment opportunity, this project provides excellent potential in one of Famagusta’s most sought-after neighborhoods.
WHY INVEST IN NORTH CYPRUS?
- North Cyprus has seen 79% property price increase in the past 3 years
- Rated as "#1 Beachfront Property Investment in The World" by Forbes Magazine in 2021, North Cyprus is one of the leading property investment hotspots in the Mediterranean
- Buying an off-plan property allows the buyer to pay approximately 20% below market value and pay in instalments over 12-36 months
- Buy-to-let is also a very attractive option yielding minimum 8% return
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- PERSONALISED PAYMENT PLANS
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