Studio in Luxury Resort on the Long Beach
Long Beach, Iskele Long Beach, North Cyprus
From £159,900
Price verified 17 hours ago- Property Ref: 406
- Resort facilities
- Good location close to the sandy beach
- A great investment opportunity
- Rental management option available
- Flexible payment plan
Facilities
Property Location
- Beach Club 2 mins
- Sandy Beach 3 mins
- Supermarket 5 mins
- Restaurants and Bars 5 mins
- Famagusta 10 mins
- Ercan Airport 40 mins
- Larnaca Airport 60 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £55,965
- Installments until key delivery (65%) £103,935
- Show 27 months installment plan
- Total amount £159,900
Additional Fees Calculator
- Property price £159,900
- VAT (5%) + £7,995
- Stamp duty (0.5%) + £800
- Title deed transfer + £14,391
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £187,586
Return on Investment (ROI)
Projected investment return of
£259,442 in 5 years
Investment
£159,900
Total rental income
£41,574
Value appreciation
£57,968
About the Project
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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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