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
- 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 + £16,650
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £216,325
Return on Investment (ROI)
Projected investment return of
£298,317 in 5 years
Investment
£185,000
Total rental income
£46,250
Value appreciation
£67,067
About the Project
Similar 2 Bedroom Apartments in Nicosia
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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