One Bedroom Penthouse in Kyrenia
Kyrenia Centre, North Cyprus
£180,000
Price verified 2 days ago- Property Ref: 2031
- Ready to move in.
- The perfect location.
- Very high rental potential and ROI.
- The entire urban infrastructure is accessible.
- Modern design.
Facilities
Property Location
- Pharmacy 2 mins
- Supermarket 2 mins
- Kyrenia State Hospital 4 mins
- 5 Star Hotel and Casino 5 mins
- The English School of Kyrenia 6 mins
- Old Kyrenia Harbour and Kyrenia Castle 6 mins
- Girne American University 9 mins
- St Hilarion Castle 18 mins
- Ercan Airport 55 mins
- Larnaca Airport 70 mins
Payment Plan
- 60% Down payment
- 40% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (60%) £108,000
- Installments until key delivery (40%) £72,000
- Show 3 months installment plan
- Total amount £180,000
Additional Fees Calculator
- Property price £180,000
- VAT (5%) + £9,000
- Stamp duty (0.5%) + £900
- Title deed transfer + £16,200
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £210,600
Return on Investment (ROI)
Projected investment return of
£299,254 in 5 years
Investment
£180,000
Total rental income
£54,000
Value appreciation
£65,254
About the Project
Similar 1 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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