Studio Apartment in the Luxury Complex
Bogaz, Iskele Bogaz, North Cyprus
From £135,000
Price verified 1 hour ago- Property Ref: 395
- Walking distance to the sandy beach
- Hotel facilities
- Rental Management Office
- A smart investment
Facilities
Property Location
The project is located in the Bogaz Iskele area on the Mediterranean coast.
- Beach Club 2 mins
- Cafes and Restaurants 2 mins
- Bars and Clubs 2 mins
- 5 Star Hotel and Casino 4 mins
- Pharmacy 5 mins
- Supermarket 6 mins
- Famagusta State Hospital 13 mins
- Salamis Ancient City 15 mins
- Ercan Airport 45 mins
- Larnaca Airport 60 mins
Payment Plan
- 35% Down payment
- 45% 0% Interest installments till key delivery
- 20% 0% Interest installments after key delivery for 12 months
Payment Breakdown
- Down payment (35%) £47,250
- Installments until key delivery (45%) £60,762
- Show 19 months installment plan
- Installments after key delivery (20%) £26,988
- Show 12 months installment plan
- Total amount £135,000
Additional Fees Calculator
- Property price £135,000
- VAT (5%) + £6,750
- Stamp duty (0.5%) + £675
- Title deed transfer + £16,200
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £163,125
Return on Investment (ROI)
Projected investment return of
£216,341 in 5 years
Investment
£135,000
Total rental income
£32,400
Value appreciation
£48,941
About the Project
A luxery hotel concept complex within walking distance to an equipped sandy beach. The site has everything you need for a perfect holiday. The purchase of real estate in this project is an excellent investment.
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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