Two Bedroom Penthouse in Esentepe
Esentepe, Kyrenia East, North Cyprus
£281,950
Price verified 18 hours ago- Property Ref: 535
- Sea and mountains view.
- Walk distance to the beach.
- Rental management option for your property.
- Payment plan for 18 months.
- A communal swimming pool. Gym. Cafe. Children's playground.
Facilities
Property Location
- Supermarket 1 min
- Beach Club 1 min
- Restaurants and Bars 2 mins
- Petrol Station 2 mins
- Pharmacy 5 mins
- Korineum Golf Club 7 mins
- Kyrenia 25 mins
- Ercan Airport 40 mins
- Larnaca Airport 65 mins
Payment Plan
- 40% Down payment
- 60% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (40%) £112,780
- Installments until key delivery (60%) £169,170
- Show 12 months installment plan
- Total amount £281,950
Additional Fees Calculator
- Property price £281,950
- VAT (5%) + £14,098
- Stamp duty (0.5%) + £1,410
- Title deed transfer + £25,376
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £327,334
Return on Investment (ROI)
Projected investment return of
£480,027 in 5 years
Investment
£281,950
Total rental income
£95,863
Value appreciation
£102,214
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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