Studio Ground Apartment in Esentepe
Esentepe, Kyrenia East, North Cyprus
£189,900
Price verified 1 day ago- Property Ref: 1931
- Ready to move in.
- Hotel facilities and management.
- Hight rental potential and ROI.
- Amazing views.
- Flexible payment plan.
Facilities
Property Location
The project is located in the picturesque area of Esentepe between the sea and the mountains.
- Restaurant and Bar 1 min
- Fitness and Spa Center 1 min
- Beach 3 mins
- Supermarket 3 mins
- Korineum Golf Course 3 mins
- Pharmacy 4 mins
- ATM & Bank 5 mins
- Beach Club 5 mins
- Ercan International Airport 40 mins
- Larnaca International Airport 70 mins
Payment Plan
- 50% Down payment
- 50% 0% Interest installments after key delivery for 24 months
Payment Breakdown
- Down payment (50%) £94,950
- Installments after key delivery (50%) £94,950
- Show 24 months installment plan
- Total amount £189,900
Additional Fees Calculator
- Property price £189,900
- VAT (5%) + £9,495
- Stamp duty (0.5%) + £950
- Title deed transfer + £17,091
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £221,936
Return on Investment (ROI)
Projected investment return of
£311,757 in 5 years
About the Project
This development comprises 24 sea and mountain view apartments, positioned at one of the highest points of Mountainside in Esentepe. It features a mix of studios, one-bedroom, and two-bedroom units—making it the first to offer studio apartments in the area. At its heart, the complex includes a swimming pool, landscaped gardens, and charming walking paths. Residents will also enjoy direct access to the extensive amenities available throughout the broader Sun Valley Mountainside community.
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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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