Studio Penthouse in Esentepe
Esentepe, Kyrenia East, North Cyprus
From £115,500
Price verified 2 days ago- Property Ref: 2171
- Private roof terrace.
- Sea and mountain views.
- The design emphasizes natural light, clean modern lines, and a seamless connection between indoor comfort and the surrounding landscape.
- Amenities, including indoor and outdoor swimming pools, a sauna, a Turkish bath, a fitness area, beautifully landscaped walking paths, and a private bar for relaxation and social gatherings.
- Flexible payment plan.
Facilities
Property Location
- Supermarket 1 min
- Cafes and Restaurants 3 mins
- Pharmacy 4 mins
- ATM & Bank 4 mins
- Korineum Golf Club 4 mins
- Beach Club 4 mins
- Kyrenia 20 mins
- Ercan Airport 50 mins
- Larnaca Airport 65 mins
Payment Plan
- 25% Down payment
- 70% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (25%) £28,875
- Installments until key delivery (70%) £80,850
- Show 90 months installment plan
- Total amount £115,500
Additional Fees Calculator
- Property price £115,500
- VAT (5%) + £5,775
- Stamp duty (0.5%) + £578
- Title deed transfer + £10,395
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £136,748
Return on Investment (ROI)
Projected investment return of
£180,472 in 5 years
Investment
£115,500
Total rental income
£23,100
Value appreciation
£41,872
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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