Two Bedroom Penthouse in Famagusta
Canakkale, Famagusta, North Cyprus
£113,000
Price verified 2 days agoProperty Location
- Supermarket 1 min
- Secondary school 1 min
- Restaurants 2 mins
- Famagusta Life Hospital 3 mins
- Shopping Center 3 mins
- Famagusta Port 5 mins
- Palm Beach 6 mins
- Eastern Mediterranean University 7 mins
- Ercan International Airport 45 mins
- Larnaca International Airport 45 mins
Payment Plan
- 25% Down payment
- 75% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (25%) £28,250
- Installments until key delivery (75%) £84,750
- Show 17 months installment plan
- Total amount £113,000
Additional Fees Calculator
- Property price £113,000
- VAT (5%) + £5,650
- Stamp duty (0.5%) + £565
- Title deed transfer + £10,170
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £133,885
Return on Investment (ROI)
Projected investment return of
£181,650 in 5 years
Investment
£113,000
Total rental income
£27,685
Value appreciation
£40,965
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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