Two Bedroom Apartment in Nicosia

Kumsal, Nicosia, North Cyprus

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£250,000

Price verified 8 hours ago

170 m²

2 Bedrooms

2 Bathrooms

Ready to Move In

  • Property Ref: 1811
  • Central Location ensuring easy access to the city's amenities.
  • High-Quality Materials for a lasting and modern finish.
  • Covered parking space.
  • Flexible payment plan.

GET MORE INFORMATION ABOUT THIS PROJECT

Get in touch with us today to learn more about this unique property investment opportunity in North Cyprus.

THANK YOU

One of our property advisors will contact you soon.

Property Sales Team

Phone: +90 533 868 0020

WhatsApp: +90 533 868 0020

Property Location

Property Location

The project is located in the central area of Nicosia - Kumsal. 

  • Restaurants and Shops 1 min
  • Pharmacy 1 min
  • Supermarket 1 min
  • Nicosia Municipality 3 mins
  • Kermia Crossing Point 6 mins
  • Near East University 7 mins
  • Levent College 7 mins
  • Kyrenia 20 mins
  • Ercan International Airport 35 mins
  • Larnaca International Airport 50 mins

Payment Plan

  • 100% Down payment

Payment Breakdown

  • Down payment (100%) £250,000
  • Total amount £250,000

Additional Fees Calculator

  • Property price £250,000
  • VAT (5%) + £12,500
  • Stamp duty (0.5%) + £1,250
  • Title deed transfer + £30,000
  • Transformer Fee + £3,000
  • Lawyer fees (optional) + £1,500
  • Total amount £298,250

Return on Investment (ROI)

Projected investment return of
£412,506 in 5 years

Investment £250,000
Total rental income £71,875
Value appreciation £90,631

About the Project

Situated in the heart of Kumsal, Nicosia, this seven-storey building combines modern design with practicality, offering a perfect balance for urban living. The ground floor features secure covered parking, ensuring convenience and peace of mind for residents.

Crafted with high-quality materials, the property showcases a contemporary aesthetic and lasting durability, promising a home built to endure. Its prime central location provides seamless access to the city's amenities, making daily life effortless.

With a flexible payment plan, this project presents an exceptional opportunity for those seeking quality, convenience, and value in the heart of North Cyprus.

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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

WANT MORE INFORMATION?

  • AVAILABILITY & FULL PRICELIST
  • HIGH-RESOLUTION FLOOR PLANS
  • PERSONALISED PAYMENT PLANS

For more information on the above project, please fill in the form at the top of the page or alternatively click below to be taken to the form.