Three Bedroom Villa
Yeni Erenkoy, Karpaz Peninsula, North Cyprus
£525,000
Price verified 5 hours ago- Property Ref: 315
- Private pier within walking distance and a spectacular beach.
- The project, which is elegant and sleek with the concept of "not against nature, but in touch with nature".
- Fantastic opportunity for first time investors.
- Close to all necessities, including supermarkets and pharmacies.
- Payment plan options available.
Facilities
Property Location
- Sea 1 min
- Pharmacy 4 mins
- Supermarket 5 mins
- Cafes and Restaurants 7 mins
- Pier 45 mins
- Famagusta 65 mins
- Ercan Airport 80 mins
- Kyrenia 87 mins
Payment Plan
- 55% Down payment
- 40% 0% Interest installments after key delivery for 24 months
Payment Breakdown
- Down payment (55%) £288,750
- Installments after key delivery (40%) £210,000
- Show 24 months installment plan
- Total amount £525,000
Additional Fees Calculator
- Property price £525,000
- VAT (5%) + £26,250
- Stamp duty (0.5%) + £2,625
- Title deed transfer + £47,250
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £605,625
Return on Investment (ROI)
Projected investment return of
£872,825 in 5 years
Investment
£525,000
Total rental income
£157,500
Value appreciation
£190,325
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
WANT MORE INFORMATION?
- AVAILABILITY & FULL PRICELIST
- HIGH-RESOLUTION FLOOR PLANS
- PERSONALISED PAYMENT PLANS
For more information on the above project, please fill in the form at the top of the page or alternatively click below to be taken to the form.
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