One Bedroom Loft Penthouse in Esentepe
Esentepe, Kyrenia East, North Cyprus
From £249,900
Price verified 4 hours ago- Property Ref: 1948
- Hotel services and facilities.
- Eco-conscious design.
- Stunning views of the sea and mountains.
- Modern design and high quality construction.
- Flexible payment plan.
Facilities
Property Location
- Restaurant and Bar 1 min
- Supermarket 2 mins
- Pharmacy 2 mins
- Fitness and Spa Center 3 mins
- Korineum Golf Club 5 mins
- Kyrenia 20 mins
- Ercan Airport 40 mins
- Famagusta 45 mins
- Larnaca Airport 70 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £87,465
- Installments until key delivery (65%) £162,435
- Show 60 months installment plan
- Total amount £249,900
Additional Fees Calculator
- Property price £249,900
- VAT (5%) + £12,495
- Stamp duty (0.5%) + £1,250
- Title deed transfer + £22,491
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £290,636
Return on Investment (ROI)
Projected investment return of
£396,723 in 5 years
Investment
£249,900
Total rental income
£56,228
Value appreciation
£90,595
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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