Two Bedroom Apartment in Alsancak
Alsancak, Kyrenia West, North Cyprus
From £143,000
Price verified 2 days ago- Property Ref: 2385
- Spacious and functional 82 m² interior layout.
- Bright open-plan living and dining area.
- Luxury master bedroom with en-suite bathroom.
- Communal swimming pool.
- Flexible payment plan. Great rental income.
Facilities
Property Location
- Necat British School 1 min
- Pharmacy 2 mins
- Supermarket 3 mins
- Beach Club 5 mins
- 5 Star Hotel and Casino 5 mins
- Cafes and Restaurants 5 mins
- Girne American University 10 mins
- Kyrenia 15 mins
- Ercan International Airport 60 mins
- Larnaca International Airport 75 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £50,050
- Installments until key delivery (65%) £92,950
- Show 36 months installment plan
- Total amount £143,000
Additional Fees Calculator
- Property price £143,000
- VAT (5%) + £7,150
- Stamp duty (0.5%) + £715
- Title deed transfer + £12,870
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £168,235
Return on Investment (ROI)
Projected investment return of
£233,451 in 5 years
Investment
£143,000
Total rental income
£38,610
Value appreciation
£51,841
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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