Two Bedroom Apartment in Alsancak (Type G)
Alsancak, Kyrenia West, North Cyprus
£160,000
Price verified 16 hours ago- Property Ref: 2493
- Excellent location in the center of Alsancak.
- Communal swimming pool.
- Close to all city facilities.
- Hight rental potential and ROI.
- Flexible payment plan.
Facilities
Property Location
Project is located in Alsancak, Kyrenia.
- Supermarket 1 min
- Cafes and Restaurants 3 mins
- Pharmacy 3 mins
- 5 Star Hotel and Casino 5 mins
- Beach Club 5 mins
- Necat British School 5 mins
- Kyrenia 14 mins
- Ercan Airport 60 mins
- Larnaca Airport 70 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £56,000
- Installments until key delivery (65%) £104,000
- Show 48 months installment plan
- Total amount £160,000
Additional Fees Calculator
- Property price £160,000
- VAT (5%) + £8,000
- Stamp duty (0.5%) + £800
- Title deed transfer + £6,400
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £179,700
Return on Investment (ROI)
Projected investment return of
£256,004 in 5 years
About the Project
This residential complex is located in Alsancak, Kyrenia, Northern Cyprus. The complex consists of three modern blocks offering a wide range of apartments: from cozy 1+1 to spacious 3+1. Everything is provided here for a comfortable life – a well-maintained communal swimming pool, convenient parking, as well as proximity to the entire urban infrastructure, which is literally within walking distance.
Located just 1 km from the sea, the complex is ideal for both permanent residence and investment with high rental potential and fast return on investment. This project embodies a combination of quality, comfort and profitable opportunities, making it an ideal choice for your future home or investment project.
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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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