Four Bedroom Villa in Edremit (Palm 1)
Edremit, Kyrenia West, North Cyprus
£970,200
Price verified 2 days ago- Property Ref: 2100
- Great opportunity to buy an affordable home.
- Breathtaking sea and mountain views.
- A large garden and pool included in the price.
- 1st class and high quality materials and workmanship.
- Elaborately designed interior spaces.
Property Location
- Pharmacy 2 mins
- Beach Club 3 mins
- Supermarket 3 mins
- Girne American University 4 mins
- Cypriot Taverns 5 mins
- Hiking Trails 6 mins
- Karmi Village 7 mins
- 5 Star Hotel and Casino 10 mins
- Kyrenia General Hospital 12 mins
- Winery 12 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £339,570
- Installments until key delivery (65%) £630,630
- Show 6 months installment plan
- Total amount £970,200
Additional Fees Calculator
- Property price £970,200
- VAT (5%) + £48,510
- Stamp duty (0.5%) + £4,851
- Title deed transfer + £87,318
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £1,115,379
Return on Investment (ROI)
Projected investment return of
£1,515,961 in 5 years
Investment
£970,200
Total rental income
£194,040
Value appreciation
£351,721
About the Project
Similar 4 Bedroom Villas 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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