Two Bedroom Duplex Penthouse in Iskele (Type A, C)
Otuken, Iskele Long Beach, North Cyprus
From £150,000
Price verified 1 day ago- Property Ref: 2239
- Private roof terrace with pergola and barbeque.
- Two bathrooms for added comfort and functionality.
- Close to the popular sandy Long Beach.
- Modern design and high quality construction.
- Flexible payment plan.
Facilities
Property Location
The project is located in the Iskele, close to the popular Long Beach.
- Bank 1 min
- Supermarket 2 mins
- Sea 3 mins
- 5 stars Hotel & Casino 4 mins
- Long Beach 5 mins
- Medical Center 6 mins
- Pera Mackenzie Beach Club 7 mins
- Famagusta 20 mins
- Ercan Airport 50 mins
- Larnaca Airport 55 mins
Payment Plan
- 50% Down payment
- 50% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (50%) £75,000
- Installments until key delivery (50%) £75,000
- Show 18 months installment plan
- Total amount £150,000
Additional Fees Calculator
- Property price £150,000
- VAT (5%) + £7,500
- Stamp duty (0.5%) + £750
- Title deed transfer + £6,000
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £168,750
Return on Investment (ROI)
Projected investment return of
£247,504 in 5 years
About the Project
This modern residential development is designed as a low-density, low-rise community that blends contemporary architecture with a calm, green living environment. The project focuses on comfort, functionality, and everyday practicality, creating a pleasant setting for both permanent living and investment.
The development consists of three residential blocks with thoughtfully planned two-bedroom apartments, including ground-floor units with garden or terrace access and loft-style apartments with spacious outdoor areas. Interiors are efficiently designed, offering open-plan living spaces, modern kitchens, and quality finishes throughout.
Landscaped green areas, pedestrian-friendly surroundings, and dedicated parking contribute to a comfortable residential atmosphere. The project is well suited for those seeking a balanced lifestyle with strong rental appeal and long-term value.
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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