Two Bedroom Loft Penthouse in Esentepe
Esentepe, Kyrenia East, North Cyprus
From £293,900
Price verified 17 hours ago- Property Ref: 265
- This enormous project will be built in 3 phases and will house 1006 properties on site.
- Property options will include studios, one bedroom and two bedroom apartments, as well as three bedroom and four bedroom villas.
- Facilities will include a large beach club, a lagoon pool in the sea, indoor and outdoor heated swimming pools, fitness and spa center, restaurants, a pub and many more.
- Rental management services are available from the developer.
- Unforgettable experience of the sea, sun, sand, holidays and laughs.
Facilities
Property Location
- Pharmacy 2 mins
- Supermarket 2 mins
- Hiking Trails 5 mins
- Korineum Golf Course 8 mins
- 5 Star Hotels and Casino 10 mins
- Kyrenia Town Centre 20 mins
- Iskele Town Centre 30 mins
- Nicosia City Centre 30 mins
- Ercan Airport 40 mins
- Larnaca Airport 65 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £102,865
- Installments until key delivery (65%) £191,035
- Show 3 months installment plan
- Total amount £293,900
Additional Fees Calculator
- Property price £293,900
- VAT (5%) + £14,695
- Stamp duty (0.5%) + £1,470
- Title deed transfer + £26,451
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £341,016
Return on Investment (ROI)
Projected investment return of
£508,454 in 5 years
Investment
£293,900
Total rental income
£108,008
Value appreciation
£106,546
About the Project
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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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