Ground Studio Apartment in Esentepe
Long Beach, Iskele Long Beach, North Cyprus
£125,000
Price verified 1 day ago- Property Ref: 2007
- Garden view.
- Rich services and facilities.
- A low-rise residential complex. Low population density.
- Low cost per square meter. Apartments with a large area.
- High quality construction. Sound insulation and thermal insulation. Ventilation in bathrooms.
Facilities
Property Location
- Forest 2 mins
- Restaurants and Bars 2 mins
- Supermarket 2 mins
- Pera Mackenzie Beach Club 5 mins
- Private School 10 mins
- Famagusta 15 mins
- Ercan Airport 55 mins
- Larnaca Airport 55 mins
- Nicosia 65 mins
Payment Plan
- 65% Down payment
- 30% 0% Interest installments after key delivery for 18 months
Payment Breakdown
- Down payment (65%) £81,250
- Installments after key delivery (30%) £37,500
- Show 18 months installment plan
- Total amount £125,000
Additional Fees Calculator
- Property price £125,000
- VAT (5%) + £6,250
- Stamp duty (0.5%) + £625
- Title deed transfer + £11,250
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £147,625
Return on Investment (ROI)
Projected investment return of
£205,212 in 5 years
Investment
£125,000
Total rental income
£34,896
Value appreciation
£45,316
About the Project
Similar Studio Apartments in Iskele
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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