Two Bedroom Penthouse in Esentepe
Esentepe, Kyrenia East, North Cyprus
£399,950
Price verified 18 hours ago- Property Ref: 2467
- Private rooftop terrace for outdoor living and relaxation.
- Beautiful sea, mountain, and surrounding views.
- Two comfortable bedrooms with a functional layout.
- Access to communal swimming pool and resort-style facilities.
- Excellent choice for a holiday home, permanent residence, or investment.
Facilities
Property Location
- Beach by walk 1 min
- Supermarket 1 min
- Pharmacy 1 min
- ATM 1 min
- Cafes and Restaurants 1 min
- Korineum Golf Club 4 mins
- Esentepe Beach Club 5 mins
- Kyrenia 15 mins
- Ercan Airport 40 mins
- Larnaca Airport 75 mins
Payment Plan
- 50% Down payment
- 50% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (50%) £199,975
- Installments until key delivery (50%) £199,975
- Show 12 months installment plan
- Total amount £399,950
Additional Fees Calculator
- Property price £399,950
- VAT (5%) + £19,998
- Stamp duty (0.5%) + £2,000
- Title deed transfer + £35,996
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £462,444
Return on Investment (ROI)
Projected investment return of
£686,924 in 5 years
Investment
£399,950
Total rental income
£141,982
Value appreciation
£144,992
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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