Two Bedroom Penthouse in Iskele
Otuken, Iskele Long Beach, North Cyprus
£205,000
Price verified 2 days ago- Property Ref: 2037
- Close to the popular Long Beach.
- Private roof terrace.
- Hotel services and facilities.
- High quality, unlimited luxury and comfort.
- Flexible payment plan.
Facilities
Property Location
- Supermarket 2 mins
- Long Beach 6 mins
- Salamis Forest 7 mins
- Near East Hospital 8 mins
- Near East College 8 mins
- Famagusta 18 mins
- Ercan Airport 45 mins
- Nicosia 55 mins
- Larnaca Airport 60 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £71,750
- Installments until key delivery (65%) £133,250
- Show 72 months installment plan
- Total amount £205,000
Additional Fees Calculator
- Property price £205,000
- VAT (5%) + £10,250
- Stamp duty (0.5%) + £1,025
- Title deed transfer + £18,450
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £239,225
Return on Investment (ROI)
Projected investment return of
£310,068 in 5 years
Investment
£205,000
Total rental income
£30,750
Value appreciation
£74,318
About the Project
Similar 2 Bedroom Penthouses 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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