Two Bedroom Apartment in Yenikent
Metehan, Nicosia, North Cyprus
From £246,000
Price verified 18 hours ago- Property Ref: 503
- Ready to move in.
- Private storage place and parking space.
- VRF system is included.
- A well-maintained residential complex with a green area and facilities.
- Located in a prestigious area in Nicosia close to the border with the European Union.
Facilities
Property Location
- Supermarket, Gym, Cafes 1 min
- The new Presidential Palace and TRNC Parliament Building 1 min
- National Park 2 mins
- Metehan Border Gate 3 mins
- Bank 3 mins
- Dereboyu Avenue Shopping Center 4 mins
- TED College 7 mins
- Near East University 12 mins
- Ercan Airport 24 mins
- Larnaca Airport 50 mins
Payment Plan
- 100% Down payment
Payment Breakdown
- Down payment (100%) £246,000
- Total amount £246,000
Additional Fees Calculator
- Property price £246,000
- VAT (5%) + £12,300
- Stamp duty (0.5%) + £1,230
- Title deed transfer + £22,140
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £286,170
Return on Investment (ROI)
Projected investment return of
£423,741 in 5 years
Investment
£246,000
Total rental income
£88,560
Value appreciation
£89,181
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
WANT MORE INFORMATION?
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