Two Bedroom Apartment in Lapta
Lapta, Kyrenia West, North Cyprus
From £120,000
Price verified 1 day ago- Property Ref: 2494
- 80 m² living space with a functional interior layout.
- Mountain and sea views, depending on the apartment's location.
- Open-plan living and dining area.
- High rental potential and ROI.
- Flexible payment plan.
Facilities
Property Location
The project is located in a quiet picturesque area of Lapta.
- Supermarket 2 mins
- Sea 3 mins
- Restaurants and Bars 3 mins
- Suna`s Beach Club 3 mins
- Lapta Coastal Walking Path 3 mins
- Lapta Elementary School 5 mins
- 5 Star Hotels and Casinos 5 mins
- Kyrenia Town Center 20 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%) £42,000
- Installments until key delivery (65%) £78,000
- Show 14 months installment plan
- Total amount £120,000
Additional Fees Calculator
- Property price £120,000
- VAT (5%) + £6,000
- Stamp duty (0.5%) + £600
- Title deed transfer + £4,800
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £135,900
Return on Investment (ROI)
Projected investment return of
£192,003 in 5 years
About the Project
Located in Lapta, Kyrenia, this residential development consists of 48 two-bedroom apartments arranged across four three-storey blocks. Each apartment offers a practical layout, with options including ground-floor units with private gardens, middle-floor apartments, and upper-floor homes with private terraces. The project combines comfortable modern living with mountain and sea views, making it suitable for both permanent residence and holiday use.
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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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