Beachfront Two Bedroom Garden Apartments
Kaplica, Kyrenia East, North Cyprus
£320,000
Price verified 1 day ago- Property Ref: 416
- According to the new TRNC laws, remaining units can only be sold to citizens of Northern Cyprus or Turkey.
- 50 metres from a sandy beach!
- The last duplex unit available
- Fantastic investment opportunity and holiday home
- Expected capital appreciation 30% in 2 years. With a return of investment rate of net 7%
Facilities
Property Location
Kaplica Beach Homes is located in Kaplica village in Famagusta, Northern Cyprus.
Kaplica is a pretty Cypriot village located on the northern coast, east of Kyrenia, near Kantara Castle, technically in the district of Famagusta. It is a area where the property boom is expected in the next few years. The historic Kantara Castle on the Kyrenia mountain range is a short drive away. The beaches around here are the finest ones in Cyprus.
- Amazing Sandy Beach 1 min
- Kaplica Fish Restaurant 4 mins
- Kaplica Village 5 mins
- Supermarket 5 mins
- Kantara Castle 14 mins
- Korineum Golf Course 22 mins
- Bogaz Fishing Village 24 mins
- Iskele Town Centre 26 mins
- Ercan Airport 50 mins
- Larnaca Airport 60 mins
Payment Plan
- 50% Down payment
- 50% 0% Interest installments after key delivery for 12 months
Payment Breakdown
- Down payment (50%) £160,000
- Installments after key delivery (50%) £160,000
- Show 12 months installment plan
- Total amount £320,000
Additional Fees Calculator
- Property price £320,000
- VAT (5%) + £16,000
- Stamp duty (0.5%) + £1,600
- Title deed transfer + £38,400
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £380,500
Return on Investment (ROI)
Projected investment return of
£570,408 in 5 years
About the Project
According to the new TRNC laws, remaining units can only be sold to citizens of Northern Cyprus or Turkey.
Kaplica Beach Homes are beachfront apartment complex offering a unique investment opportunity in Northern Cyprus. The complex offers 68 two-bedroom apartments and 48 one-bedroom apartments, all having great sea views. The beach in front of the complex is a secluded sandy beach, allowing lucky owners to enjoy the Mediterranean Sea all year round.
Imagine waking up to the sound of the waves and swimming in the crystal clear waters of the Mediterranean a few minutes after you wake up...
Handover of the two-bedroom apartments is due January 2024 and one-bedroom apartments are due November 2024.
The value of your property investment is highly likely to increase by 25% within 2 years.
Peacefully nestled on one of North Cyprus’ outer bays where lush mountain views come face to face with white sandy shores, Kaplica Beach Homes is on its way to actualising that luxurious seaside lifestyle you have been dreaming of.
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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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