Two Bedroom Apartment in Gecitkale
Gecitkale, Famagusta, North Cyprus
From £75,000
Price verified 17 hours ago- Property Ref: 2413
- Two spacious bedrooms.
- Well-designed living and dining area.
- Modern kitchen with practical layout.
- Bright interiors with quality finishes.
- Perfect for families, long-term residence, or holiday living.
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%) £30,000
- Installments until key delivery (60%) £45,000
- Show 50 months installment plan
- Total amount £75,000
Additional Fees Calculator
- Property price £75,000
- VAT (5%) + £3,750
- Stamp duty (0.5%) + £375
- Title deed transfer + £6,750
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £90,375
Return on Investment (ROI)
Projected investment return of
£106,689 in 5 years
Investment
£75,000
Total rental income
£4,500
Value appreciation
£27,189
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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