Three Bedroom Penthouse in Tuzla, Famagusta
Tuzla, Famagusta, North Cyprus
£162,400
Price verified 1 day agoFacilities
Property Location
- Supermarket 1 min
- Pharmacy 2 mins
- Glapsides Beach 6 mins
- Restaurants 6 mins
- Eastern Mediterranean University 8 mins
- Shopping Center 8 mins
- Famagusta Port 11 mins
- Ercan International Airport 40 mins
- Nicosia 55 mins
- Larnaca International Airport 55 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £56,840
- Installments until key delivery (65%) £105,560
- Show 20 months installment plan
- Total amount £162,400
Additional Fees Calculator
- Property price £162,400
- VAT (5%) + £8,120
- Stamp duty (0.5%) + £812
- Title deed transfer + £14,616
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £190,448
Return on Investment (ROI)
Projected investment return of
£251,724 in 5 years
Investment
£162,400
Total rental income
£30,450
Value appreciation
£58,874
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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