One Bedroom Apartment in Alsancak Hills
Alsancak, Kyrenia West, North Cyprus
From £110,000
Price verified 2 days ago- Property Ref: 270
- Only 5 minutes from the beach
- A large communal area, including swimming pool and much more
- Expected capital appreciation 30% in 2 years.
- Close to all necessities, including supermarkets and pharmacies
- Mesmerizing panoramic views of the sea
Facilities
Property Location
- Necat British School 2 mins
- Supermarket 3 mins
- Pharmacy 3 mins
- 5 Star Hotel and Casino 5 mins
- Beach Club 5 mins
- Cafes and Restaurants 6 mins
- Ercan Airport 35 mins
- Larnaca Airport 60 mins
Payment Plan
- 30% Down payment
- 70% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (30%) £33,000
- Installments until key delivery (70%) £77,000
- Show 12 months installment plan
- Total amount £110,000
Additional Fees Calculator
- Property price £110,000
- VAT (5%) + £5,500
- Stamp duty (0.5%) + £550
- Title deed transfer + £9,900
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £130,450
Return on Investment (ROI)
Projected investment return of
£185,078 in 5 years
Investment
£110,000
Total rental income
£35,200
Value appreciation
£39,878
About the 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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