Two Bedroom Apartment in Alsancak Hills
Alsancak, Kyrenia West, North Cyprus
From £150,000
Price verified 8 hours ago- Property Ref: 276
- 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
Project is located on the hills of Alsancak, in North Cyprus.
- 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%) £45,000
- Installments until key delivery (70%) £105,000
- Show 7 months installment plan
- Total amount £150,000
Additional Fees Calculator
- Property price £150,000
- VAT (5%) + £7,500
- Stamp duty (0.5%) + £750
- Title deed transfer + £18,000
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £180,750
Return on Investment (ROI)
Projected investment return of
£249,379 in 5 years
About the Project
The new complex under construction will be located 10 km from Kyrenia in the cozy village of Alsancak, in the mountains.
Alsancak is known for its traditional Cypriot atmosphere, stunning mountain and sea views. Beautiful rocky shores and magnificent sandy beaches make Alsancak attractive for both recreation and permanent residence.
Alsancak has a well-developed infrastructure: supermarkets, restaurants, numerous cafes by the sea or in the mountains for every taste, as well as schools, a museum, a park, playgrounds, sports for children and adults, diving
For lovers of entertainment, there is a network of 5 star hotels, the Merit casino, on the territory of which there are swimming pools, spas, a mini-zoo, a casino, and nightclubs.
This complex will be located 3 km from the sea, in the Kyrenia mountains.
The great advantage of the location of the complex will be the incomparable panoramic views of the sea and mountains.
And if you have children from 2 to 13 years old and you plan to give them an English education, then the proximity to an English college will undoubtedly be a big plus, just 15 minutes walking distance from the house, where teaching are conducted in English.
The complex will consist of 2 parts: 2 two-story blocks with a swimming pool and underground parking and 3 three-story blocks with a swimming pool and open parking spaces.
The Complex provides:
- 2 outdoor swimming pools
- Underground parking for 2 blocks
- Generator for common area
- the top floors have a roof terrace.
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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