Two Bedroom Penthouse in Kyrenia City Center
Kyrenia Centre, North Cyprus
£264,000
Price verified 1 day agoProperty Location
- Supermarket 1 min
- Pharmacy 1 min
- Restaurants and Bars 1 min
- Gym 3 mins
- Kyrenia Harbour 4 mins
- The English School of Kyrenia 7 mins
- Girne American University 8 mins
- Ercan Airport 40 mins
- Larnaca Airport 60 mins
Payment Plan
- 100% Down payment
Payment Breakdown
- Down payment (100%) £264,000
- Total amount £264,000
Additional Fees Calculator
- Property price £264,000
- VAT (5%) + £13,200
- Stamp duty (0.5%) + £1,320
- Title deed transfer + £23,760
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £306,780
Return on Investment (ROI)
Projected investment return of
£438,907 in 5 years
Investment
£264,000
Total rental income
£79,200
Value appreciation
£95,707
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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