One Bedroom Apartment in Alsancak
Alsancak, Kyrenia West, North Cyprus
From £115,000
Price verified 1 day ago- Property Ref: 1715
- Excellent location in the center of Alsancak.
- Communal swimming pool.
- Close to all city facilities.
- Hight rental potential and ROI.
Facilities
Property Location
- Supermarket 1 min
- Cafes and Restaurants 3 mins
- Pharmacy 3 mins
- 5 Star Hotel and Casino 5 mins
- Beach Club 5 mins
- Necat British School 5 mins
- Kyrenia 14 mins
- Ercan Airport 60 mins
- Larnaca Airport 70 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £40,250
- Installments until key delivery (65%) £74,750
- Show 48 months installment plan
- Total amount £115,000
Additional Fees Calculator
- Property price £115,000
- VAT (5%) + £5,750
- Stamp duty (0.5%) + £575
- Title deed transfer + £10,350
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £136,175
Return on Investment (ROI)
Projected investment return of
£184,961 in 5 years
Investment
£115,000
Total rental income
£28,271
Value appreciation
£41,690
About the Project
Similar 1 Bedroom Apartments in Kyrenia
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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