Three Bedroom Apartment in Famagusta
Famagusta, North Cyprus
£115,000
Price verified 19 hours ago- Property Ref: 2014
- Modern Low-Rise Design.
- Spacious Layouts: Choice of 2+1 and 3+1 apartments, with only six units per floor—ideal for comfort and privacy.
- Smart Infrastructure: Central TV and internet systems, video intercom, generator, and dedicated hot water heaters in every unit.
- A communal swimming pool and a children's playground.
- Flexible payment plan. Great rental income.
Facilities
Property Location
- Supermarket 3 mins
- Restaurants 3 mins
- Bank 3 mins
- Shopping Center 5 mins
- School 5 mins
- Palm Beach 6 mins
- Famagusta Port 7 mins
- Eastern Mediterranean University 11 mins
- Larnaca International Airport 45 mins
- Ercan International Airport 45 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £40,250
- Installments until key delivery (65%) £74,750
- Show 24 months installment plan
- Total amount £115,000
Additional Fees Calculator
- Property price £115,000
- VAT (5%) + £5,750
- Stamp duty (0.5%) + £575
- Title deed transfer + £10,350
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £136,175
Return on Investment (ROI)
Projected investment return of
£179,211 in 5 years
Investment
£115,000
Total rental income
£22,521
Value appreciation
£41,690
About the Project
Similar 3 Bedroom Apartments in Famagusta
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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