Two Bedroom Penthouse in Gecitkale
Gecitkale, Famagusta, North Cyprus
From £120,000
Price verified 2 days ago- Property Ref: 1718
- Cittaslow Approach in Sustainable Architecture.
- The unique project intertwined with nature is now with you in Geçitkale.
- Based on your needs, we offer; 1+1, 2+1, 3+1 flats and 2+1, 3+1 penthouses.
- Our units are designed with high-quality finishes and modern appliances to create a comfortable living space.
- Stunning natural beauty, including rocky cliffs, and rolling hills covered in olive groves and citrus orchards.
Facilities
Property Location
The project is located in Geçitkale.
- Supermarket 5 mins
- Pharmacy 5 mins
- Cafes and Restaurants 7 mins
- Long Beach 10 mins
- Famagusta 10 mins
- Ercan Airport 20 mins
- Nicosia 30 mins
- Larnaca Airport 45 mins
Payment Plan
- 30% Down payment
- 30% 0% Interest installments till key delivery
- 40% 0% Interest installments after key delivery for 30 months
Payment Breakdown
- Down payment (30%) £36,000
- Installments until key delivery (30%) £36,000
- Show 9 months installment plan
- Installments after key delivery (40%) £48,000
- Show 30 months installment plan
- Total amount £120,000
Additional Fees Calculator
- Property price £120,000
- VAT (5%) + £6,000
- Stamp duty (0.5%) + £600
- Title deed transfer + £14,400
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £145,500
Return on Investment (ROI)
Projected investment return of
£186,003 in 5 years
About the Project
Geçitkale is a charming town in Northern Cyprus with a rich history dating back to the Bronze Age. It is known for its stunning natural beauty, including rocky cliffs, and rolling hills covered in olive groves and citrus orchards. The town is also known for authentic flavors, natural olive oil factories, traditional halloumi family production business and is in the middle of an open-air museum; where you have access to the very famous Salamis Ruins, Saint Barnabas museum, and many other in the close neighborhood.
Our project offers you the perfect blend of comfort, luxury, and natural beauty. Our goal is to provide you with a serene living experience that you deserve. With a variety of residential units to choose from, we offer you the opportunity to find your dream home that meets all your needs and preferences.
This Project is now waiting for all investors who love serenity and nature. It uniquely meets the intense needs of our valued customers.
Other Property Types in the Same 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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