Two Bedroom Apartment in Nicosia
Yenikent, Nicosia, North Cyprus
£185,000
Price verified 1 day ago- Property Ref: 2212
- Spacious interior layout with large usable square meters.
- Two bathrooms for added comfort and functionality.
- Covered parking space allocated to the apartment.
- Convenient access via elevator.
- High rental demand due to central location.
Property Location
The project is located in the central area of Nicosia.
- Supermarket 1 min
- Pharmacy 1 min
- Concorde Tower Hotel & Casino & Convention & Spa 3 mins
- Kermia Crossing Point 6 mins
- TED College 7 mins
- Near East University 7 mins
- Kyrenia 17 mins
- Ercan International Airport 30 mins
- Larnaca International Airport 45 mins
Payment Plan
- 40% Down payment
- 60% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (40%) £74,000
- Installments until key delivery (60%) £111,000
- Show 12 months installment plan
- Total amount £185,000
Additional Fees Calculator
- Property price £185,000
- VAT (5%) + £9,250
- Stamp duty (0.5%) + £925
- Title deed transfer + £7,400
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £207,075
Return on Investment (ROI)
Projected investment return of
£298,317 in 5 years
About the Project
Located in a well-connected area of Nicosia, this boutique residential project offers a balanced combination of space, accessibility, and long-term value. The three-storey building consists of only nine apartments, providing a low-density living environment with enhanced privacy.
The project offers spacious 1+1 and 2+1 apartments, as well as exclusive 1+1 loft penthouses. All units feature generous interior areas, well-planned balconies, and two bathrooms in each apartment, ensuring a high level of comfort and practicality for both residents and tenants.
Each apartment is allocated a covered parking space, and the building is equipped with an elevator for everyday convenience. Its location close to main roads allows easy access to the city center and all essential amenities, including shops, schools, offices, and public transportation.
With large square-meter layouts, modern planning, and strong demand in the area, the project presents high rental income potential. A flexible payment plan further strengthens its appeal, making it suitable for both investment and comfortable urban living in Nicosia.
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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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