Three Bedroom Garden Apartment in Lapta
Lapta, Kyrenia West, North Cyprus
From £339,500
Price verified 1 day ago- Property Ref: 488
- Multi-inverter air conditioning system.
- Italian stone kitchen worktop.
- Security and barrier system.
- Communal swimming pool.
- IP intercom system. Reinforced concrete underground central water tanks.
Facilities
Property Location
- Supermarket 1 min
- Sea 5 mins
- Restaurants and Bars 5 mins
- Lapta Coastal Walking Path 5 mins
- Sunset Beach Club 7 mins
- 5 stars Hotels and Casinos 10 mins
- Necat British College 15 mins
- Girne American University 17 mins
- Ercan Airport 55 mins
- Larnaca Airport 100 mins
Payment Plan
- 35% Down payment
- 30% 0% Interest installments till key delivery
- 35% 0% Interest installments after key delivery for 36 months
Payment Breakdown
- Down payment (35%) £118,825
- Installments until key delivery (30%) £101,853
- Show 9 months installment plan
- Installments after key delivery (35%) £118,822
- Show 36 months installment plan
- Total amount £339,500
Additional Fees Calculator
- Property price £339,500
- VAT (5%) + £16,975
- Stamp duty (0.5%) + £1,698
- Title deed transfer + £30,555
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £393,228
Return on Investment (ROI)
Projected investment return of
£557,637 in 5 years
Investment
£339,500
Total rental income
£95,060
Value appreciation
£123,077
About the Project
Other Property Types in the Same Project
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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