Studio Garden Apartment in the Famagusta Area
Yeni Bogazici, Iskele Yeni Bogazici, North Cyprus
£129,000
Price verified 4 hours ago- Property Ref: 400
- 1 km to the Mediterranean sea
- Outdoor swimming pools
- Central generator. Security camera. Automatic entrance gates.
- Reception. Guest relations & management Office. Insurance services
- Flexible payment plan
Facilities
Property Location
- Forest 1 min
- Government School 1 min
- Private School 2 mins
- Sandy Beach 3 mins
- Salamis Ancient City 3 mins
- Long Beach 5 mins
- Ercan Airport 30 mins
- Nicosia 40 mins
- Larnaca Airport 50 mins
Payment Plan
- 55% Down payment
- 40% 0% Interest installments after key delivery for 24 months
Payment Breakdown
- Down payment (55%) £70,950
- Installments after key delivery (40%) £51,600
- Show 24 months installment plan
- Total amount £129,000
Additional Fees Calculator
- Property price £129,000
- VAT (5%) + £6,450
- Stamp duty (0.5%) + £645
- Title deed transfer + £11,610
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £152,205
Return on Investment (ROI)
Projected investment return of
£212,854 in 5 years
Investment
£129,000
Total rental income
£37,088
Value appreciation
£46,766
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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