Two Bedroom Loft Apartment in Alsancak
Alsancak, Kyrenia West, North Cyprus
£190,000
Price verified 19 hours ago- Property Ref: 2087
- Central Location ensuring easy access to the city's amenities.
- 5 minutes drive to the beach.
- Modern design.
- Hight rental potential and ROI.
- Flexible payment plan.
Property Location
- Supermarket 3 mins
- Pharmacy 3 mins
- Cafes and Restaurants 3 mins
- Camelot Beach 5 mins
- Necat British School 5 mins
- 5 Star Hotel and Casino 6 mins
- Girne American University 9 mins
- Kyrenia 14 mins
- Ercan Airport 50 mins
- Larnaca Airport 75 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £66,500
- Installments until key delivery (65%) £123,500
- Show 48 months installment plan
- Total amount £190,000
Additional Fees Calculator
- Property price £190,000
- VAT (5%) + £9,500
- Stamp duty (0.5%) + £950
- Title deed transfer + £17,100
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £222,050
Return on Investment (ROI)
Projected investment return of
£313,505 in 5 years
Investment
£190,000
Total rental income
£54,625
Value appreciation
£68,880
About the Project
Similar 2 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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