Three Bedroom Villa in Karmi
Karmi, Kyrenia West, North Cyprus
£840,000
Price verified 1 day ago- Property Ref: 2197
- Situated in a highly desirable area offering open sea and mountain views, while remaining very close to the city’s main amenities.
- Private garden.
- The combination of location, views, and limited availability makes the project suitable for both premium living and long-term value.
- Modern design and high quality construction.
- Flexible payment plan.
Property Location
- Pharmacy 3 mins
- Supermarket 3 mins
- Girne American University 4 mins
- Restaurants and Cafes 4 mins
- Karaoglanoglu Public Beach 5 mins
- Alsancak National Nature Park 5 mins
- 5 Star Hotels and Casinos 6 mins
- Kyrenia City Center 12 mins
- Ercan Airport 43 mins
- Larnaca Airport 70 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £294,000
- Installments until key delivery (65%) £546,000
- Show 24 months installment plan
- Total amount £840,000
Additional Fees Calculator
- Property price £840,000
- VAT (5%) + £42,000
- Stamp duty (0.5%) + £4,200
- Title deed transfer + £75,600
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £966,300
Return on Investment (ROI)
Projected investment return of
£1,270,521 in 5 years
Investment
£840,000
Total rental income
£126,000
Value appreciation
£304,521
About the Project
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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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