One Bedroom Penthouse in Iskele
Otuken, Iskele Long Beach, North Cyprus
£169,000
Price verified 1 day ago- Property Ref: 2191
- Private roof terrace.
- Each penthouse features a large private terrace, perfect for outdoor dining, relaxation, and enjoying open views in a Mediterranean setting.
- Elevated positioning allows for increased daylight and open surroundings, enhancing the overall sense of space and comfort.
- The combination of private outdoor space, premium layout, and penthouse privacy makes these units highly attractive for lifestyle buyers and long-term investment.
- 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%) £67,600
- Installments until key delivery (20%) £33,800
- Show 4 months installment plan
- Installments after key delivery (40%) £67,600
- Show 24 months installment plan
- Total amount £169,000
Additional Fees Calculator
- Property price £169,000
- VAT (5%) + £8,450
- Stamp duty (0.5%) + £845
- Title deed transfer + £15,210
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £198,005
Return on Investment (ROI)
Projected investment return of
£282,657 in 5 years
Investment
£169,000
Total rental income
£52,390
Value appreciation
£61,267
About the Project
Similar 1 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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