Two Bedroom Penthouse in Karaagac
Karaagac, Kyrenia East, North Cyprus
£188,000
Price verified 2 days ago- Property Ref: 661
- Project is located in the northern part of Cyprus and is surrounded by historical places and natural beauties.
- Our 2+1 flats offer you a peaceful life in unique Nature with magnificent sea and mountain views.
- Karaağaç offers a quiet and peaceful environment away from the city centers.
- Close to all necessities, including supermarkets and pharmacies.
Facilities
Property Location
- Restaurants 1 min
- Supermarket 3 mins
- Pharmacy 5 mins
- ATM & Bank 7 mins
- Korineum Golf Club 10 mins
- Kyrenia 25 mins
- Ercan Airport 40 mins
- Larnaca Airport 80 mins
Payment Plan
- 100% Down payment
Payment Breakdown
- Down payment (100%) £188,000
- Total amount £188,000
Additional Fees Calculator
- Property price £188,000
- VAT (5%) + £9,400
- Stamp duty (0.5%) + £940
- Title deed transfer + £16,920
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £219,760
Return on Investment (ROI)
Projected investment return of
£321,015 in 5 years
Investment
£188,000
Total rental income
£64,860
Value appreciation
£68,155
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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