Three Bedroom Loft Apartment in Alsancak
Alsancak, Kyrenia West, North Cyprus
From £130,000
Price verified 2 days ago- Property Ref: 2061
- Ready to move in.
- Excellent location in the center of Alsancak.
- Close to all city facilities.
- Communal swimming pool.
- High rental potential and ROI.
Facilities
Property Location
The project is located in the lively center of Alsancak.
- Atakara market 1 min
- Bank and ATM 2 mins
- Petrol Station 2 mins
- Necat British College 5 mins
- Mare Monte Beach 5 mins
- Camelot Beach 5 mins
- Merit Roya Hotel Premium Casino & Spa 5 mins
- Kyrenia 13 mins
- Ercan Airport 48 mins
- Larnaca Airport 75 mins
Payment Plan
- 50% Down payment
- 50% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (50%) £65,000
- Installments until key delivery (50%) £65,000
- Show 6 months installment plan
- Total amount £130,000
Additional Fees Calculator
- Property price £130,000
- VAT (5%) + £6,500
- Stamp duty (0.5%) + £650
- Title deed transfer + £5,200
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £146,850
Return on Investment (ROI)
Projected investment return of
£216,128 in 5 years
About the Project
Located in the heart of Alsancak, this residential complex is surrounded by mountains, the sea, and lush greenery. It consists of five low-rise blocks arranged around a central swimming pool, with ten apartments in each block.
Ground floor: four duplex lofts (two 2+1 and two 3+1)
First floor: four apartments (two 1+1 and two 2+1)
Second floor: two 3+1 penthouses
Each residence features a private balcony or garden, while penthouses enjoy two balconies and a spacious roof terrace. Ground-floor homes overlook landscaped gardens and the pool, and upper floors offer views of the mountains, pool, or sea.
The apartments are delivered with high-quality finishes, fully fitted bathrooms, a complete kitchen set, built-in wardrobes in the hallway and bedrooms, and provisions for air conditioning.
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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