One Bedroom Penthouse in Lapta (Selection)
Lapta, Kyrenia West, North Cyprus
From £165,000
Price verified 2 days agoFacilities
Property Location
- Supermarket 1 min
- Pharmacy 2 mins
- Lapta Coastal Walkway 5 mins
- Merit Royal Premium Hotel Casino & Spa 13 mins
- Necat British College 13 mins
- Girne American University 17 mins
- Kyrenia Town Center 25 mins
- Ercan Airport 60 mins
- Larnaca Airport 80 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £57,750
- Installments until key delivery (65%) £107,250
- Show 25 months installment plan
- Total amount £165,000
Additional Fees Calculator
- Property price £165,000
- VAT (5%) + £8,250
- Stamp duty (0.5%) + £825
- Title deed transfer + £14,850
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £193,425
Return on Investment (ROI)
Projected investment return of
£253,005 in 5 years
Investment
£165,000
Total rental income
£28,188
Value appreciation
£59,817
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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