Two Bedroom Penthouse in Bahceli
Bahceli, Kyrenia East, North Cyprus
£280,000
Price verified 1 day ago- Property Ref: 2369
- Private rooftop terrace with open sea and mountains views.
- Spacious 2-bedroom home with functional layout.
- Ideal for outdoor dining and entertaining.
- Walking distance to the beach and supermarket.
- Flexible payment plan. Great rental income.
Property Location
- The Beach by walking distance 1 min
- Supermarket 2 mins
- Restaurants and Bars 5 mins
- Petrol Station 5 mins
- Pharmacy 6 mins
- Korineum Golf & Beach Resort 11 mins
- Kyrenia 40 mins
- Famagusta 42 mins
- Ercan Airport 45 mins
- Larnaca Airport 75 mins
Payment Plan
- 65% Down payment
- 35% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (65%) £182,000
- Installments until key delivery (35%) £98,000
- Show 12 months installment plan
- Total amount £280,000
Additional Fees Calculator
- Property price £280,000
- VAT (5%) + £14,000
- Stamp duty (0.5%) + £1,400
- Title deed transfer + £25,200
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £325,100
Return on Investment (ROI)
Projected investment return of
£499,107 in 5 years
Investment
£280,000
Total rental income
£117,600
Value appreciation
£101,507
About the Project
Similar 2 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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