Two Bedroom Apartment in Nicosia
Marmara, Nicosia, North Cyprus
From £92,000
Price verified 2 days ago- Property Ref: 1851
- Central location with essential services and amenities within a one-minute walk.
- Private storage area and a lockable service shaft allocated to each apartment.
- Covered ground-floor parking.
- Earthquake-resistant reinforced concrete structure with a carefully planned static project.
- Smart intercom system with video and audio communication.
Property Location
The project is located in the central area of Nicosia - Marmara.
- Pharmacy 1 min
- Supermarket 1 min
- Restaurants and Shops 2 mins
- Nicosia Municipality 4 mins
- Levent College 5 mins
- Near East University 6 mins
- Kermia Crossing Point 7 mins
- Kyrenia 20 mins
- Ercan International Airport 35 mins
- Larnaca International Airport 50 mins
Payment Plan
- 50% Down payment
- 50% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (50%) £46,000
- Installments until key delivery (50%) £46,000
- Show 9 months installment plan
- Total amount £92,000
Additional Fees Calculator
- Property price £92,000
- VAT (5%) + £4,600
- Stamp duty (0.5%) + £460
- Title deed transfer + £8,280
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £109,840
Return on Investment (ROI)
Projected investment return of
£146,819 in 5 years
About the Project
Contemporary Residences in Central Nicosia
This thoughtfully designed residential project in Nicosia meets modern construction and safety standards, offering a practical and well-equipped living space in a prime location.
Features & Specifications:
Earthquake-resistant reinforced concrete structure with a carefully planned static project.
Central location with essential services and amenities within a one-minute walk.
Scratch-resistant granite countertops, built-in concealed cistern toilets, and high-quality ceramic and woodwork.
Steel entrance doors and aluminum double-glazed windows for enhanced security and insulation.
Private storage area and a lockable service shaft allocated to each apartment.
Covered ground-floor parking.
Smart intercom system with video and audio communication.
Central satellite TV and internet infrastructure.
Underground reinforced concrete water tank with a central booster system.
Automatic generator supporting elevators, water pumps, and common areas.
Electric water heater or boiler in every apartment.
A residence designed for lasting quality, efficiency, and everyday convenience in the heart of the city.
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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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