One Bedroom Penthouse in Catalkoy
Catalkoy, Kyrenia East, North Cyprus
£115,000
Price verified 17 hours agoProperty Location
- Yigiter Market 2 mins
- Shayna Beach Club 3 mins
- Chamada Beach Club 3 mins
- Acapulco Resort Convention Spa Hotel & Casino 4 mins
- Final International University 6 mins
- Dr. Suat Gunsel Hospital 8 mins
- Dr. Suat Gunsel Kyrenia College 8 mins
- Hiking Trails 8 mins
- Ercan Airport 35 mins
- Larnaca Airport 70 mins
Payment Plan
- 100% Down payment
Payment Breakdown
- Down payment (100%) £115,000
- Total amount £115,000
Additional Fees Calculator
- Property price £115,000
- VAT (5%) + £5,750
- Stamp duty (0.5%) + £575
- Title deed transfer + £10,350
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £136,175
Return on Investment (ROI)
Projected investment return of
£191,190 in 5 years
Investment
£115,000
Total rental income
£34,500
Value appreciation
£41,690
About the Project
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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