Two Bedroom Loft Garden Apartment in Iskele
Otuken, Iskele Long Beach, North Cyprus
£199,000
Price verified 1 day ago- Property Ref: 2193
- Apartments are designed in a modern loft style, offering open-plan layouts that create bright, spacious, and flexible living areas.
- Each apartment features a seamless flow between kitchen and living spaces, enhancing comfort and functionality.
- Seamless kitchen and living areas designed for comfort and functionality, with direct access to outdoor spaces in garden.
- The combination of modern loft layouts and private outdoor areas makes these apartments highly attractive for both holiday rentals and long-term tenancy.
- Flexible payment plan.
Property Location
- Cafes and Restaurants 5 mins
- Salamis Forest 6 mins
- Long Beach 6 mins
- Pera Mackenzie Beach Club 6 mins
- Near East Hospital 7 mins
- Near East Primary School 8 mins
- Famagusta 15 mins
- Ercan International Airport 48 mins
- Larnaca International Airport 65 mins
Payment Plan
- 40% Down payment
- 20% 0% Interest installments till key delivery
- 40% 0% Interest installments after key delivery for 24 months
Payment Breakdown
- Down payment (40%) £79,600
- Installments until key delivery (20%) £39,800
- Show 4 months installment plan
- Installments after key delivery (40%) £79,600
- Show 24 months installment plan
- Total amount £199,000
Additional Fees Calculator
- Property price £199,000
- VAT (5%) + £9,950
- Stamp duty (0.5%) + £995
- Title deed transfer + £17,910
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £232,355
Return on Investment (ROI)
Projected investment return of
£332,832 in 5 years
Investment
£199,000
Total rental income
£61,690
Value appreciation
£72,142
About the Project
Similar 2 Bedroom 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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