Two Bedroom Duplex Apartment in Yeni Erenkoy (Orion)
Yeni Erenkoy, Karpaz Peninsula, North Cyprus
£280,000
Price verified 1 day ago- Property Ref: 2096
- Prime coastal location – just 700 meters from the beach in the peaceful town of Yeni Erenkoy.
- Bright and spacious interiors – large windows, terraces, and some homes with fireplaces or rooftop BBQ areas.
- Green surroundings – landscaped communal areas, walking paths, and open spaces designed for relaxation.
- Convenient lifestyle – close to shops, schools, and daily amenities while enjoying sea and mountain views.
- Ready to move in.
Facilities
Property Location
- Sandy Beach 1 min
- Erenkoy Karpaz Municipality Beach 2 mins
- Karpaz Gate Marina 3 mins
- Supermarket 3 mins
- Restaurants 3 mins
- Karpaz Golden Beach 40 mins
- Famagusta 40 mins
- Iskele 42 mins
- Ercan Airport 75 mins
- Larnaca Airport 95 mins
Payment Plan
- 50% Down payment
- 50% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (50%) £140,000
- Installments until key delivery (50%) £140,000
- Show 24 months installment plan
- Total amount £280,000
Additional Fees Calculator
- Property price £280,000
- VAT (5%) + £14,000
- Stamp duty (0.5%) + £1,400
- Title deed transfer + £25,200
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £325,100
Return on Investment (ROI)
Projected investment return of
£465,507 in 5 years
Investment
£280,000
Total rental income
£84,000
Value appreciation
£101,507
About the 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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