Commercial Property in Geçitkale
Gecitkale, Famagusta, North Cyprus
From £92,200
Price verified 1 day agoFacilities
Property Location
- Pharmacy 5 mins
- Supermarket 5 mins
- Cafes and Restaurants 10 mins
- Long Beach 20 mins
- Mckenzie Beach Club 22 mins
- Famagusta 25 mins
- Ercan Airport 40 mins
- Nicosia 45 mins
- Larnaca Airport 50 mins
- Kyrenia 50 mins
Payment Plan
- 25% Down payment
- 75% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (25%) £23,050
- Installments until key delivery (75%) £69,150
- Show 24 months installment plan
- Total amount £92,200
Additional Fees Calculator
- Property price £92,200
- VAT (5%) + £4,610
- Stamp duty (0.5%) + £461
- Title deed transfer + £8,298
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £110,069
Return on Investment (ROI)
Projected investment return of
£162,505 in 5 years
Investment
£92,200
Total rental income
£36,880
Value appreciation
£33,425
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
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