Three Bedroom Penthouse in Luxury Resort on the Long Beach
Long Beach, Iskele Long Beach, North Cyprus
From £1,700,000
Price verified 18 hours ago- Property Ref: 533
- Private roof terrace.
- Resort facilities.
- Good location close to the sandy beach.
- A great investment opportunity.
- Rental management option available.
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%) £595,000
- Installments until key delivery (65%) £1,105,000
- Show 15 months installment plan
- Total amount £1,700,000
Additional Fees Calculator
- Property price £1,700,000
- VAT (5%) + £85,000
- Stamp duty (0.5%) + £8,500
- Title deed transfer + £153,000
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £1,951,000
Return on Investment (ROI)
Projected investment return of
£2,758,292 in 5 years
Investment
£1,700,000
Total rental income
£442,000
Value appreciation
£616,292
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
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