Three Bedroom Villa in Alsancak
Alsancak, Kyrenia West, North Cyprus
£399,000
Price verified 1 day ago- Property Ref: 509
- Ready to move in.
- Barbecue and pergola in the garden.
- Sea and mountain view. Modern design.
- Kitchen and lounge with decorative ceiling and spotlights. Internet, TV, Air conditioning & Central heating infrastructure.
- Optional swimming pool.
Property Location
Project is located on the hills of Alsancak, in North Cyprus.
- Pharmacy 2 mins
- Necat British School 2 mins
- Supermarket 2 mins
- Beach 2 mins
- Cafes and Restaurants 3 mins
- Beach Club 3 mins
- 5 Star Hotel and Casino 3 mins
- Kyrenia 15 mins
- Ercan Airport 40 mins
- Larnaca Airport 60 mins
Payment Plan
- 100% Down payment
Payment Breakdown
- Down payment (100%) £399,000
- Total amount £399,000
Additional Fees Calculator
- Property price £399,000
- VAT (5%) + £19,950
- Stamp duty (0.5%) + £1,995
- Title deed transfer + £35,910
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £461,355
Return on Investment (ROI)
Projected investment return of
£639,407 in 5 years
Investment
£399,000
Total rental income
£95,760
Value appreciation
£144,647
About the Project
This modern villas in Alsancak featuring 3 bedrooms with parquet flooring and fitted mirrored wardrobes. The master bedroom includes a walk-in wardrobe and en-suite. The villas are equipped with electronic garden gates, CCTV system infrastructure, and an entrance cloakroom with built-in LED lights. The open-plan kitchen has Cimstone worktops, and the lounge boasts a feature fireplace and dining area. Other highlights include internet, TV, air conditioning, and central heating infrastructure. Bedrooms have balcony access, and there's a family bathroom along with a guest WC. The villas also offer a BBQ area, pergola, double-glazing windows, and parking for 2 cars. Optional features include a swimming pool. The homes are crafted with high-quality materials, American press panel internal doors, a 3-tonne water tank with a pressure pump, 2 solar panels, and mesh pool-type water insulation.
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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