One Bedroom Garden Apartment in Esentepe
Esentepe, Kyrenia East, North Cyprus
£155,000
Price verified 19 hours ago- Property Ref: 437
- Walking distance to the equipped sandy beach.
- Outdoor and indoor swimming pool.
- Spa. Turkish bath. Sauna. Gym. Cafe-bar.
- Rental management option available.
- Installment payment for 1 year after receiving the keys.
Facilities
Property Location
This modern complex is located in the picturesque area of Esentepe right between the sea and the mountains.
- Supermarket 1 min
- Beach Club 1 min
- Restaurants and Bars 2 mins
- Petrol Station 2 mins
- Pharmacy 5 mins
- Korineum Golf Club 7 mins
- Kyrenia 20 mins
- Ercan Airport 40 mins
- Larnaca Airport 65 mins
Payment Plan
- 50% Down payment
- 50% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (50%) £77,500
- Installments until key delivery (50%) £77,500
- Show 24 months installment plan
- Total amount £155,000
Additional Fees Calculator
- Property price £155,000
- VAT (5%) + £7,750
- Stamp duty (0.5%) + £775
- Title deed transfer + £6,200
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £174,225
Return on Investment (ROI)
Projected investment return of
£266,991 in 5 years
Investment
£155,000
Total rental income
£55,800
Value appreciation
£56,191
About the Project
A modern complex with a fitness club and spa, located within walking distance to the equipped sandy beach in the Esentepe area.
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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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