Studio Apartment in the beautiful location of Esentepe
Esentepe, Kyrenia East, North Cyprus
From £115,500
Price verified 2 days ago- Property Ref: 240
- A brand new project housing 118 apartments, ranging from Studios, One Bedroom and Two Bedroom Penthouses
- A large communal area, including many facilities such as spa, gym, swimming pool and much more
- Located conveniently a few minutes away from the best beaches and the famous Korineum Golf Course
- Close to all necessities, including supermarkets and pharmacies
- Surrounded by historical places and natural beauties.
Facilities
Property Location
- Supermarket 1 min
- Esentepe Beach Club 2 mins
- Pharmacy 3 mins
- Alagadi Turtle Beach 5 mins
- Korineum Golf Course 6 mins
- Hiking Trails 8 mins
- Eagle's Nest Restaurant 10 mins
- 5 Star Hotel and Casino 12 mins
- Ercan Airport 60 mins
- Larnaca Airport 65 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £40,425
- Installments until key delivery (65%) £75,075
- Show 2 months installment plan
- Total amount £115,500
Additional Fees Calculator
- Property price £115,500
- VAT (5%) + £5,775
- Stamp duty (0.5%) + £578
- Title deed transfer + £10,395
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £136,748
Return on Investment (ROI)
Projected investment return of
£200,492 in 5 years
Investment
£115,500
Total rental income
£43,120
Value appreciation
£41,872
About the Project
Similar Studio 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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