Two Bedroom Apartment in Famagusta
Famagusta, North Cyprus
£79,000
Price verified 20 hours ago- Property Ref: 2280
- Affordable price.
- Prime Location: close to Famagusta city center, beaches, and Ercan Airport, with easy access to main roads and public transport.
- Modern design and high quality.
- Flexible payment plan.
Property Location
- Supermarket 1 min
- Secondary school 1 min
- Restaurants 2 mins
- Famagusta Life Hospital 3 mins
- Shopping Center 3 mins
- Famagusta Port 5 mins
- Palm Beach 6 mins
- Eastern Mediterranean University 7 mins
- Ercan International Airport 45 mins
- Larnaca International Airport 45 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £27,650
- Installments until key delivery (65%) £51,350
- Show 7 months installment plan
- Total amount £79,000
Additional Fees Calculator
- Property price £79,000
- VAT (5%) + £3,950
- Stamp duty (0.5%) + £395
- Title deed transfer + £7,110
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £94,955
Return on Investment (ROI)
Projected investment return of
£127,060 in 5 years
Investment
£79,000
Total rental income
£19,421
Value appreciation
£28,639
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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