Studio Penthouse in Tatlisu
Tatlisu, Kyrenia East, North Cyprus
From £125,000
Price verified 18 hours ago- Property Ref: 1721
- Private roof terrace with BBQ and mini kitchen.
- Sea and mountain views.
- Hotel facilities.
- Walking distance to the beach.
- Rental management options are available.
Facilities
Property Location
- Restaurants & Bars 1 min
- Kucuk Erenkoy Beach 1 min
- Supermarket 2 mins
- Pharmacy 4 mins
- Esentepe Village 5 mins
- Korineum Golf Course 15 mins
- Famagusta 22 mins
- Kyrenia 25 mins
- Ercan Airport 45 mins
- Larnaca Airport 60 mins
Payment Plan
- 40% Down payment
- 60% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (40%) £50,000
- Installments until key delivery (60%) £75,000
- Show 18 months installment plan
- Total amount £125,000
Additional Fees Calculator
- Property price £125,000
- VAT (5%) + £6,250
- Stamp duty (0.5%) + £625
- Title deed transfer + £11,250
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £147,625
Return on Investment (ROI)
Projected investment return of
£205,316 in 5 years
Investment
£125,000
Total rental income
£35,000
Value appreciation
£45,316
About the Project
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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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