Studio Penthouse in Karsiyaka
Karsiyaka, Kyrenia West, North Cyprus
From £135,000
Price verified 1 day agoFacilities
Property Location
- Sandy beach 1 min
- Marina 1 min
- Supermarket 2 mins
- Restaurants and Bars 3 mins
- Lapta Coastal Walking Path 6 mins
- Necat British College 14 mins
- Kyrenia Town Center 18 mins
- Ercan Airport 48 mins
- Nicosia 50 mins
- Larnaca Airport 80 mins
Payment Plan
- 40% Down payment
- 60% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (40%) £54,000
- Installments until key delivery (60%) £81,000
- Show 6 months installment plan
- Total amount £135,000
Additional Fees Calculator
- Property price £135,000
- VAT (5%) + £6,750
- Stamp duty (0.5%) + £675
- Title deed transfer + £12,150
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £159,075
Return on Investment (ROI)
Projected investment return of
£224,441 in 5 years
Investment
£135,000
Total rental income
£40,500
Value appreciation
£48,941
About the Project
Similar Studio 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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