Two Bedroom Penthouse in Karsyaka
Karsiyaka, Kyrenia West, North Cyprus
£265,000
Price verified 1 day ago- Property Ref: 474
- Private roof terrace.
- Sea and mountain views.
- Private beach.
- Hotel facilities.
- Holiday activities and more.
Facilities
Property Location
The complex is located in the picturesque Karshiyaka area on the north coast between the sea and the mountains.
- Sandy beach 1 min
- Marina 1 min
- Supermarket 2 mins
- Restaurants and Bars 3 mins
- Lapta Coastal Walking Path 6 mins
- Necat British College 14 mins
- Kyrenia Town Center 18 mins
- Ercan Airport 48 mins
- Nicosia 50 mins
- Larnaca Airport 80 mins
Payment Plan
- 40% Down payment
- 60% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (40%) £106,000
- Installments until key delivery (60%) £159,000
- Show 9 months installment plan
- Total amount £265,000
Additional Fees Calculator
- Property price £265,000
- VAT (5%) + £13,250
- Stamp duty (0.5%) + £1,325
- Title deed transfer + £31,800
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £315,875
Return on Investment (ROI)
Projected investment return of
£424,007 in 5 years
Investment
£265,000
Total rental income
£62,938
Value appreciation
£96,069
About the Project
The luxurious residential complex on the first coastline in the Karşıyaka district is not only a cozy place to live but also an excellent investment. Consisting of 5 three-story blocks, the apartments provide seclusion and comfort, with exclusive access to the marina, water park, restaurants, spa, pool, and beach. It is an ideal place for both leisure and permanent residence, where the security system and privacy underscore the uniqueness of this housing community. Whether you see it as a cozy retreat or a real estate investment, this place promises to be the perfect choice.
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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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