Two Bedroom Penthouse in Esentepe
Esentepe, Kyrenia East, North Cyprus
£359,950
Price verified 18 hours ago- Property Ref: 2448
- Spacious rooftop terrace with panoramic sea and mountain views.
- Elevated position with enhanced privacy.
- Bright open-plan living and dining area.
- Two well-proportioned bedrooms.
- Flexible payment plan. Great rental income.
Facilities
Property Location
- Supermarket 3 mins
- Pharmacy 3 mins
- Restaurants & Bars 3 mins
- Beach Club 5 mins
- Korineum Golf & Beach Resort 11 mins
- Acapulco Resort Convention SPA Hotel 21 mins
- Kyrenia 30 mins
- Ercan Airport 50 mins
- Larnaca Airport 75 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £125,982
- Installments until key delivery (65%) £233,968
- Show 36 months installment plan
- Total amount £359,950
Additional Fees Calculator
- Property price £359,950
- VAT (5%) + £17,998
- Stamp duty (0.5%) + £1,800
- Title deed transfer + £32,396
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £416,644
Return on Investment (ROI)
Projected investment return of
£535,435 in 5 years
Investment
£359,950
Total rental income
£44,994
Value appreciation
£130,491
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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