Two Bedroom Penthouse in Gecitkale
Gecitkale, Famagusta, North Cyprus
From £120,000
Price verified 5 hours 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
- 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 36 months
Payment Breakdown
- Down payment (30%) £36,000
- Installments until key delivery (30%) £36,008
- Show 28 months installment plan
- Installments after key delivery (40%) £47,992
- Show 36 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 + £10,800
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £141,900
Return on Investment (ROI)
Projected investment return of
£182,503 in 5 years
Investment
£120,000
Total rental income
£19,000
Value appreciation
£43,503
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.
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