Two Bedroom Loft Penthouse in Bahceli
Bahceli, Kyrenia East, North Cyprus
From £203,500
Price verified 17 hours ago- Property Ref: 480
- Private roof terrace.
- Walking distance to the beach.
- Infinity pool and children`s pool.
- Walking path. Children`s playground.
- Meditative area. Barbeque area.
Facilities
Property Location
The complex is located in the beautiful area of Bahceli between the sea and the mountains.
- Kucuk Erenkoy Beach 1 min
- Restaurants & Bars 1 min
- Supermarket 2 mins
- Pharmacy 5 mins
- Esentepe Village 5 mins
- Korineum Golf Course 15 mins
- Famagusta 22 mins
- Kyrenia 25 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%) £71,225
- Installments until key delivery (65%) £132,275
- Show 7 months installment plan
- Total amount £203,500
Additional Fees Calculator
- Property price £203,500
- VAT (5%) + £10,175
- Stamp duty (0.5%) + £1,018
- Title deed transfer + £8,140
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £227,333
Return on Investment (ROI)
Projected investment return of
£341,376 in 5 years
Investment
£203,500
Total rental income
£64,102
Value appreciation
£73,774
About the Project
The residential complex in the Bahceli area of Northern Cyprus offers a unique blend of modern living and coastal lifestyle. Located within walking distance to the beach, the complex comprises 9 three-story blocks with amenities for both active and relaxing pursuits, including a walking path, infinity pool, children's pool, restaurant, playground, meditation garden, and barbecue area. This residential complex promises comfortable living and a distinctive lifestyle close to nature and the sea.
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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