Five Bedroom Luxury Villa in Karmi (No 5)
Karmi, Kyrenia West, North Cyprus
£1,300,000
Price verified 2 days ago- Property Ref: 2439
- Panoramic views of the Mediterranean Sea, Kyrenia, and the mountains.
- Laundry/utility and multiple storage rooms.
- Covered garage for two vehicles.
- Ready to move in.
- Located in the prestigious village of Karmi, one of Kyrenia's most exclusive residential areas.
Property Location
- Pharmacy 2 mins
- Supermarket 2 mins
- Restaurants and Cafes 2 mins
- Girne American University 4 mins
- Karaoglanoglu Public Beach 6 mins
- Alsancak National Nature Park 7 mins
- 5 Star Hotels and Casinos 7 mins
- Kyrenia City Center 10 mins
- Ercan Airport 45 mins
- Larnaca Airport 70 mins
Payment Plan
- 25% Down payment
- 75% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (25%) £325,000
- Installments until key delivery (75%) £975,000
- Show 12 months installment plan
- Total amount £1,300,000
Additional Fees Calculator
- Property price £1,300,000
- VAT (10%) + £130,000
- Stamp duty (0.5%) + £6,500
- Title deed transfer + £117,000
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £1,558,000
Return on Investment (ROI)
Projected investment return of
£2,117,949 in 5 years
Investment
£1,300,000
Total rental income
£346,667
Value appreciation
£471,282
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
WANT MORE INFORMATION?
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