Two Bedroom Penthouse in Nicosia Ortakoy
Ortakoy, Nicosia, North Cyprus
£125,000
Price verified 1 day ago- Property Ref: 1774
- Spacious balcony and private terrace.
- Central location.
- Flexible payment plan.
- There are only two apartments on the floor.
- Covered parking space.
Property Location
The project is located in the central area of Nicosia - Ortakoy.
- Pharmacy 1 min
- Supermarket 1 min
- Petrol Station 2 mins
- Levent College 4 mins
- Nicosia Municipality 6 mins
- Near East University 7 mins
- Kermia Crossing Point 8 mins
- Kyrenia 18 mins
- Ercan International Airport 40 mins
- Larnaca International Airport 50 mins
Payment Plan
- 100% Down payment
Payment Breakdown
- Down payment (100%) £125,000
- Total amount £125,000
Additional Fees Calculator
- Property price £125,000
- VAT (5%) + £6,250
- Stamp duty (0.5%) + £625
- Title deed transfer + £15,000
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £151,375
Return on Investment (ROI)
Projected investment return of
£205,212 in 5 years
About the Project
This modern four-storey residential project in Ortaköy, Nicosia, offers both convenience and investment potential. With covered parking on the ground floor and apartments starting from the 1st floor, this development is perfectly positioned for those seeking a vibrant urban lifestyle. Scheduled for completion in May 2025, it features Turkish title deeds and a central location, ensuring effortless access to all essential amenities. Flexible payment plans make this an attractive opportunity for homeowners and investors alike.
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?
- AVAILABILITY & FULL PRICELIST
- HIGH-RESOLUTION FLOOR PLANS
- PERSONALISED PAYMENT PLANS
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