Two Bedroom Penthouse in Alsancak
Alsancak, Kyrenia West, North Cyprus
£264,500
Price verified 1 day ago- Property Ref: 2123
- Ready to move in.
- Private roof terrace with sea and mountains views.
- High-end finishes – modern kitchen with Bosch appliances, Lapitec or Italstone countertops, and premium materials throughout.
- Smart and efficient living – equipped with multi-split inverter air conditioning, central generator, and IP video intercom system.
- Private comfort in a resort setting – access to a large communal pool, landscaped gardens, and full on-site amenities within the complex.
Facilities
Property Location
- Necat British School 2 mins
- Supermarket 3 mins
- Pharmacy 3 mins
- Beach Club 5 mins
- 5 Star Hotel and Casino 5 mins
- Cafes and Restaurants 5 mins
- Girne American University 10 mins
- Kyrenia 15 mins
- Ercan International Airport 60 mins
- Larnaca International Airport 75 mins
Payment Plan
- 65% Down payment
- 35% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (65%) £171,925
- Installments until key delivery (35%) £92,575
- Show 36 months installment plan
- Total amount £264,500
Additional Fees Calculator
- Property price £264,500
- VAT (5%) + £13,225
- Stamp duty (0.5%) + £1,322
- Title deed transfer + £23,805
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £307,352
Return on Investment (ROI)
Projected investment return of
£439,738 in 5 years
Investment
£264,500
Total rental income
£79,350
Value appreciation
£95,888
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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