Four Bedroom Villa in Alsancak
Alsancak, Kyrenia West, North Cyprus
£450,000
Price verified 2 days agoProperty Location
- Beach Club 2 mins
- Supermarket 2 mins
- Pharmacy 3 mins
- Necat British College 5 mins
- 5 stars Hotels & Casino 5 mins
- Girne American University 6 mins
- Kyrenia 12 mins
- Kyrenia General Hospital 15 mins
- Ercan Airport 45 mins
- Larnaca Airport 70 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £157,500
- Installments until key delivery (65%) £292,500
- Show 9 months installment plan
- Total amount £450,000
Additional Fees Calculator
- Property price £450,000
- VAT (5%) + £22,500
- Stamp duty (0.5%) + £2,250
- Title deed transfer + £40,500
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £519,750
Return on Investment (ROI)
Projected investment return of
£697,136 in 5 years
Investment
£450,000
Total rental income
£84,000
Value appreciation
£163,136
About the Project
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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