Two Bedroom Penthouse in Esentepe
Esentepe, Kyrenia East, North Cyprus
£449,000
Price verified 18 hours ago- Property Ref: 2218
- Private roof terrace.
- Seafront project with amazing views.
- Modern design and high quality construction.
- Flexible payment plan.
Facilities
Property Location
- Supermarket 1 min
- Beach by walk 2 mins
- Restaurants and Bars 2 mins
- Pharmacy 4 mins
- Hiking Trails 4 mins
- Korineum Golf Course 11 mins
- Acapulco Resort Convention SPA Hotel 18 mins
- Kyrenia 30 mins
- Ercan Airport 50 mins
- Larnaca Airport 65 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £157,150
- Installments until key delivery (65%) £291,850
- Show 18 months installment plan
- Total amount £449,000
Additional Fees Calculator
- Property price £449,000
- VAT (5%) + £22,450
- Stamp duty (0.5%) + £2,245
- Title deed transfer + £40,410
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £518,605
Return on Investment (ROI)
Projected investment return of
£701,574 in 5 years
Investment
£449,000
Total rental income
£89,800
Value appreciation
£162,774
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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