One Bedroom Penthouse in Esentepe
Esentepe, Kyrenia East, North Cyprus
£258,500
Price verified 5 hours ago- Property Ref: 671
- Located just 60 m from the sea.
- Will be constructed in accordance with earthquake regulation.
- Indoor facilities (pool, gym, spa, turkish bath, steam room).
- Outdoor facilities (infinity pool, ornamental pool, BBQ area, botanical garden, children playground).
- Generator.
Facilities
Property Location
- Sea 1 min
- Supermarket 2 mins
- Beach Club 2 mins
- Restaurants and Bars 2 mins
- Pharmacy 5 mins
- Korineum Golf Club 9 mins
- Kyrenia 25 mins
- Famagusta 28 mins
- Ercan Airport 45 mins
- Larnaca Airport 65 mins
Payment Plan
- 50% Down payment
- 50% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (50%) £129,250
- Installments until key delivery (50%) £129,250
- Show 18 months installment plan
- Total amount £258,500
Additional Fees Calculator
- Property price £258,500
- VAT (5%) + £12,925
- Stamp duty (0.5%) + £1,292
- Title deed transfer + £23,265
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £300,482
Return on Investment (ROI)
Projected investment return of
£429,763 in 5 years
Investment
£258,500
Total rental income
£77,550
Value appreciation
£93,713
About the Project
Similar 1 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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