Studio Apartment in Nicosia, Minarelikoy
Minarelikoy, Nicosia, North Cyprus
From £68,900
Price verified 1 day ago- Property Ref: 2434
- Smart and space-efficient open-plan layout.
- Bright living and sleeping area with modern design.
- Private balcony for outdoor relaxation.
- Ideal for holiday use, student accommodation, or rental investment.
- Flexible payment plan.
Facilities
Property Location
The project is located in the city of Nicosia, Minarelikoy district.
- Pharmacy 1 min
- Erulku Supermarket 2 mins
- Petrol Station 3 mins
- Cyprus International University 13 mins
- Ercan International Airport 15 mins
- Kyrenia 30 mins
- Famagusta 35 mins
- Iskele 40 mins
- Larnaca International Airport 60 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £24,115
- Installments until key delivery (65%) £44,785
- Show 36 months installment plan
- Total amount £68,900
Additional Fees Calculator
- Property price £68,900
- VAT (5%) + £3,445
- Stamp duty (0.5%) + £344
- Title deed transfer + £2,756
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £79,945
Return on Investment (ROI)
Projected investment return of
£102,146 in 5 years
About the Project
Located in the rapidly developing area of Minareliköy, Nicosia, this contemporary residential development combines modern architecture with a lifestyle focused on comfort, convenience, and long-term investment potential. Featuring spacious apartments with generous balconies and thoughtfully designed living spaces, the project is ideal for both homeowners and investors.
Residents can enjoy a wide range of premium amenities, including a large communal swimming pool, landscaped gardens, a fully equipped fitness centre, children's playgrounds, restaurants, commercial units, an open-air cinema, and secure indoor and outdoor parking.
Conveniently located close to universities, everyday amenities, the city centre, and Ercan International Airport, the development offers an excellent balance of peaceful living and easy accessibility, making it an attractive choice for both permanent residence and investment.
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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