One Bedroom Penthouse in Yeni Bogazici (Phase 2)
Yeni Bogazici, Iskele Yeni Bogazici, North Cyprus
£90,000
Price verified 1 day ago- Property Ref: 2275
- Approximately 75 m² internal area with an impressive 70 m² private roof terrace.
- Open-plan living room and kitchen layout.
- High-quality ceramic and parquet flooring.
- Dedicated parking space and access to communal pool.
- High rental potential.
Facilities
Property Location
- Supermarket 2 mins
- Pharmacy 2 mins
- Near East Hospital 3 mins
- Near East College 4 mins
- Kocareis Beach 6 mins
- Salamis Ancient City 7 mins
- Long Beach 12 mins
- Ercan Airport 43 mins
- Nicosia 50 mins
- Larnaca Airport 53 mins
Payment Plan
- 40% Down payment
- 60% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (40%) £36,000
- Installments until key delivery (60%) £54,000
- Show 27 months installment plan
- Total amount £90,000
Additional Fees Calculator
- Property price £90,000
- VAT (5%) + £4,500
- Stamp duty (0.5%) + £450
- Title deed transfer + £8,100
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £107,550
Return on Investment (ROI)
Projected investment return of
£137,252 in 5 years
Investment
£90,000
Total rental income
£14,625
Value appreciation
£32,627
About the Project
Other Property Types in the Same Project
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
WANT MORE INFORMATION?
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