Two Bedroom Apartment in Famagusta
Famagusta, North Cyprus
£84,000
Price verified 19 hours agoProperty Location
- Supermarket 3 mins
- Restaurants 3 mins
- Bank 3 mins
- Shopping Center 5 mins
- School 5 mins
- Famagusta Port 8 mins
- Palm Beach 10 mins
- Eastern Mediterranean University 12 mins
- Ercan International Airport 50 mins
- Larnaca International Airport 50 mins
Payment Plan
- 30% Down payment
- 70% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (30%) £25,200
- Installments until key delivery (70%) £58,800
- Show 24 months installment plan
- Total amount £84,000
Additional Fees Calculator
- Property price £84,000
- VAT (5%) + £4,200
- Stamp duty (0.5%) + £420
- Title deed transfer + £7,560
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £100,680
Return on Investment (ROI)
Projected investment return of
£130,552 in 5 years
Investment
£84,000
Total rental income
£16,100
Value appreciation
£30,452
About the Project
Similar 2 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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