Two Bedroom Penthouse in Esentepe
Esentepe, Kyrenia East, North Cyprus
£499,900
Price verified 3 days ago- Property Ref: 1943
- Ready to move in.
- Private rooftop terrace with panoramic sea, pool and mountain views.
- Hotel facilities and management.
- Hight rental potential and ROI.
- Flexible payment plan.
Facilities
Property Location
The project is located in the picturesque area of Esentepe between the sea and the mountains.
- Restaurant and Bar 1 min
- Fitness and Spa Center 1 min
- Beach 3 mins
- Supermarket 3 mins
- Korineum Golf Course 3 mins
- Pharmacy 4 mins
- ATM & Bank 5 mins
- Beach Club 5 mins
- Ercan International Airport 40 mins
- Larnaca International Airport 70 mins
Payment Plan
- 50% Down payment
- 50% 0% Interest installments after key delivery for 24 months
Payment Breakdown
- Down payment (50%) £249,950
- Installments after key delivery (50%) £249,950
- Show 24 months installment plan
- Total amount £499,900
Additional Fees Calculator
- Property price £499,900
- VAT (5%) + £24,995
- Stamp duty (0.5%) + £2,500
- Title deed transfer + £44,991
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £576,886
Return on Investment (ROI)
Projected investment return of
£820,681 in 5 years
Investment
£499,900
Total rental income
£139,555
Value appreciation
£181,226
About the Project
Similar 2 Bedroom Penthouses 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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