Studio Apartment in Gecitkale
Gecitkale, Famagusta, North Cyprus
From £52,000
Price verified 17 hours ago- Property Ref: 2411
- Smart and space-efficient layout.
- Open-plan living and sleeping area.
- Modern kitchen design.
- Private balkony for outdoor enjoyment.
- Ideal for holiday use and rental investment.
Facilities
Property Location
- Supermarket 1 min
- Pharmacy 1 min
- Cafes and Restaurants 10 mins
- Mckenzie Beach Club 20 mins
- Long Beach 20 mins
- Famagusta 25 mins
- Ercan Airport 40 mins
- Nicosia 45 mins
- Kyrenia 50 mins
- Larnaca Airport 50 mins
Payment Plan
- 40% Down payment
- 60% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (40%) £20,800
- Installments until key delivery (60%) £31,200
- Show 50 months installment plan
- Total amount £52,000
Additional Fees Calculator
- Property price £52,000
- VAT (5%) + £2,600
- Stamp duty (0.5%) + £260
- Title deed transfer + £4,680
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £64,040
Return on Investment (ROI)
Projected investment return of
£73,971 in 5 years
Investment
£52,000
Total rental income
£3,120
Value appreciation
£18,851
About the Project
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
WANT MORE INFORMATION?
- AVAILABILITY & FULL PRICELIST
- HIGH-RESOLUTION FLOOR PLANS
- PERSONALISED PAYMENT PLANS
For more information on the above project, please fill in the form at the top of the page or alternatively click below to be taken to the form.
Other Languages