Three Bedroom Penthouse ın Famagusta
Famagusta, North Cyprus
£272,000
Price verified 4 hours ago- Property Ref: 1871
- Ready to move in.
- Central location with high rental potential.
- Rich facilities and management.
- Flexible payment plan.
- Modern design and high quality construction.
Facilities
Property Location
- Supermarket 1 min
- Bank 1 min
- School 1 min
- Restaurants 1 min
- Shopping Center 1 min
- Famagusta Life Hospital 1 min
- Famagusta Port 3 mins
- Eastern Mediterranean University 7 mins
- Ercan International Airport 45 mins
- Larnaca International Airport 45 mins
Payment Plan
- 50% Down payment
- 50% 0% Interest installments after key delivery for 50 months
Payment Breakdown
- Down payment (50%) £136,000
- Installments after key delivery (50%) £136,000
- Show 50 months installment plan
- Total amount £272,000
Additional Fees Calculator
- Property price £272,000
- VAT (5%) + £13,600
- Stamp duty (0.5%) + £1,360
- Title deed transfer + £24,480
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £315,940
Return on Investment (ROI)
Projected investment return of
£452,207 in 5 years
Investment
£272,000
Total rental income
£81,600
Value appreciation
£98,607
About the Project
Similar 3 Bedroom Penthouses 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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