Two Bedroom Apartments Near University in Kalkanli
Kalkanli, Guzelyurt, North Cyprus
£74,000
Price verified 3 hours ago- Property Ref: 150
- Two bedroom apartments right next to OTDU one of the most prestigious universities in North Cyprus
- A great investment opportunity for a steady passive income
- Close to all necessities, including supermarkets and pharmacies
- High quality materials and workmanship
- Rental management option available
Property Location
This project is located in Kalkanli in the region of Guzelyurt. The area of Guzelyurt and surrounding villages are well known in North Cyprus for their green landscapes. This area is where the majority of the country's oranges and other citrus fruit are grown, in the spring as you enter the town you are hit by the scent of orange blossoms.
Once a year they hold a Citrus Festival, where you can go buy the local produce and get a taste of local Cypriot food and drink.
- Pharmacy 3 mins
- Restaurants & Cafes 5 mins
- Supermarket 8 mins
- Guzelyurt Town Center 10 mins
- Guzelyurt Hospital 12 mins
- Aphrodite Beach Club 20 mins
- Lefke European University 27 mins
- Nicosia Capital City 35 mins
- Ercan Airport 60 mins
Payment Plan
- 100% Down payment
Payment Breakdown
- Down payment (100%) £74,000
- Total amount £74,000
Additional Fees Calculator
- Property price £74,000
- VAT (5%) + £3,700
- Stamp duty (0.5%) + £370
- Title deed transfer + £8,880
- Lawyer fees (optional) + £1,500
- Total amount £88,450
Return on Investment (ROI)
Projected investment return of
£164,640 in 5 years
About the Project
This three-block project is located in the heart of Guzelyurt in North Cyprus, it's situated right next to the Middle Easter Technical University, one of the most prestigious universities in Turkey and North Cyprus.
Due to the increase in the number of students in this area, there is a constant demand for student housing and apartments.
Therefore the price of real estate in this area is gaining popularity and value with each day.
METU has been active in Guzelyurt for about 14 years and has been supporting the area with its student population of about 3200. The university's student capacity in its own dorm facilities is around 1600. The university students who are not in this narrow range are currently benefitting from the flats and other properties in the area.
This project is a great investment opportunity for anyone looking to earn a passive income. As the developer will also provide you with rental management for the units.
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
For more information on the above project, please fill in the form at the top of the page or alternatively click below to be taken to the form.
