One Bedroom Penthouse Apartment in Esentepe
Esentepe, Kyrenia East, North Cyprus
£159,000
Price verified 2 days ago- Property Ref: 2153
- Spacious private rooftop terraces suitable for sunbathing, lounging, or entertaining.
- Designed for enhanced privacy and elevated views.
- Strong appeal for short-term rentals and lifestyle-focused ownership.
- Neutral, natural tones aligned with the project’s boho-inspired concept.
- Flexible payment plan.
Facilities
Property Location
- Beach Club 5 mins
- Petrol Station 6 mins
- Restaurants and Bars 7 mins
- Supermarket 9 mins
- Pharmacy 9 mins
- Korineum Golf Club 13 mins
- Kyrenia 25 mins
- Ercan International Airport 50 mins
- Larnaca International Airport 75 mins
Payment Plan
- 40% Down payment
- 60% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (40%) £63,600
- Installments until key delivery (60%) £95,400
- Show 9 months installment plan
- Total amount £159,000
Additional Fees Calculator
- Property price £159,000
- VAT (5%) + £7,950
- Stamp duty (0.5%) + £795
- Title deed transfer + £14,310
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £186,555
Return on Investment (ROI)
Projected investment return of
£253,741 in 5 years
Investment
£159,000
Total rental income
£37,100
Value appreciation
£57,641
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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