Three bedroom bungalows 5 minutes walk from the beach
Tatlisu, Kyrenia East, North Cyprus
From £450,000
Price verified 1 day ago- Property Ref: 124
- Only 5 minute walk to the beach
- According to the new TRNC laws, remaining units can only be sold to citizens of Northern Cyprus or Turkey.
- Access to a large communal pool and many facilities within the complex
- Rental management option available
- The value of your property investment is highly likely to increase 25% within 2 years
Facilities
Property Location
- Supermarket 3 mins
- Pharmacy 5 mins
- Esentepe Village 5 mins
- Restaurants & Bars 5 mins
- Korineum Golf Course 12 mins
- Kyrenia Town Centre 32 mins
- Ercan Airport 45 mins
- Larnaca Airport 65 mins
Payment Plan
- 50% Down payment
- 50% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (50%) £225,000
- Installments until key delivery (50%) £225,000
- Show 18 months installment plan
- Total amount £450,000
Additional Fees Calculator
- Property price £450,000
- VAT (5%) + £22,500
- Stamp duty (0.5%) + £2,250
- Title deed transfer + £40,500
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £519,750
Return on Investment (ROI)
Projected investment return of
£770,636 in 5 years
Investment
£450,000
Total rental income
£157,500
Value appreciation
£163,136
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
WANT MORE INFORMATION?
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