Three Bedroom Bungalow in Esentepe
Esentepe, Kyrenia East, North Cyprus
£1,200,000
Price verified 3 hours ago- Property Ref: 1926
- Private swimming pool and garden.
- Breathtaking views of the sea and mountains.
- Hotel services and facilities.
- Modern design and high quality construction.
- Flexible payment plan.
Facilities
Property Location
- Cafes and Restaurants 1 min
- Supermarket 3 mins
- Korineum Golf Course 3 mins
- Pharmacy 4 mins
- ATM & Bank 5 mins
- Beach Club 5 mins
- Kyrenia 25 mins
- Ercan International Airport 40 mins
- Larnaca International Airport 70 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £420,000
- Installments until key delivery (65%) £780,000
- Show 60 months installment plan
- Total amount £1,200,000
Additional Fees Calculator
- Property price £1,200,000
- VAT (5%) + £60,000
- Stamp duty (0.5%) + £6,000
- Title deed transfer + £108,000
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £1,378,500
Return on Investment (ROI)
Projected investment return of
£1,980,030 in 5 years
Investment
£1,200,000
Total rental income
£345,000
Value appreciation
£435,030
About the Project
Similar 3 Bedroom Bungalows 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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