Two Bedroom Penthouse in Famagusta
Famagusta, North Cyprus
£149,900
Price verified 2 days ago- Property Ref: 2135
- Exclusive top-floor residence with two bedrooms.
- Expansive private terrace with panoramic city views.
- Modern open-plan kitchen and living area.
- Private parking space.
- High rental potential.
Facilities
Property Location
- Supermarket 1 min
- Shopping Center 2 mins
- Restaurants & Bars 3 mins
- Bank 3 mins
- Canakkale Secondary School 5 mins
- Famagusta Port 6 mins
- Eastern Mediterranean University 8 mins
- Larnaca International Airport 40 mins
- Ercan International Airport 55 mins
Payment Plan
- 60% Down payment
- 40% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (60%) £89,940
- Installments until key delivery (40%) £59,960
- Show 12 months installment plan
- Total amount £149,900
Additional Fees Calculator
- Property price £149,900
- VAT (5%) + £7,495
- Stamp duty (0.5%) + £750
- Title deed transfer + £13,491
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £176,136
Return on Investment (ROI)
Projected investment return of
£245,464 in 5 years
Investment
£149,900
Total rental income
£41,222
Value appreciation
£54,342
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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