Three Bedroom Apartment in Famagusta
Canakkale, Famagusta, North Cyprus
£140,500
Price verified 2 days ago- Property Ref: 2342
- Approx. 111 m² internal living area. 3 bedrooms and 1 bathroom.
- Large living room with open-plan concept.
- Spacious 12.5 m² balcony.
- Suitable for family living.
- High rental potential and ROI.
Property Location
- Supermarket 1 min
- Shopping Center 1 min
- Restaurants & Bars 1 min
- Bank 1 min
- Canakkale Secondary School 4 mins
- Famagusta Port 6 mins
- Sandy Beach 7 mins
- Eastern Mediterranean University 8 mins
- Larnaca International Airport 40 mins
- Ercan International Airport 55 mins
Payment Plan
- 25% Down payment
- 75% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (25%) £35,125
- Installments until key delivery (75%) £105,375
- Show 17 months installment plan
- Total amount £140,500
Additional Fees Calculator
- Property price £140,500
- VAT (5%) + £7,025
- Stamp duty (0.5%) + £702
- Title deed transfer + £12,645
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £165,372
Return on Investment (ROI)
Projected investment return of
£220,120 in 5 years
Investment
£140,500
Total rental income
£28,685
Value appreciation
£50,935
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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