One Bedroom Apartment in Yeni Bogazici
Yeni Bogazici, Iskele Yeni Bogazici, North Cyprus
From £137,900
Price verified 13 hours ago- Property Ref: 461
- Outdoor swimming pool.
- Cortado.
- Indoor facilities (gym, spa, turkish bath, steam room).
- Generator.
- Professional maintenance service.
Property Location
The complex is located in a quiet area of Yeni Boazici near the sea on the south coast.
- Supermarket 2 mins
- Near East College 2 mins
- Beach 3 mins
- Near East Hospital 4 mins
- Salamis Forest 6 mins
- Long Beach 7 mins
- Pera Mackenzie, Beach Club 8 mins
- Famagusta 15 mins
- Ercan Airport 40 mins
- Larnaca Airport 55 mins
Payment Plan
- 40% Down payment
- 30% 0% Interest installments till key delivery
- 30% 0% Interest installments after key delivery for 12 months
Payment Breakdown
- Down payment (40%) £55,160
- Installments until key delivery (30%) £41,376
- Show 8 months installment plan
- Installments after key delivery (30%) £41,364
- Show 12 months installment plan
- Total amount £137,900
Additional Fees Calculator
- Property price £137,900
- VAT (5%) + £6,895
- Stamp duty (0.5%) + £690
- Title deed transfer + £16,548
- Lawyer fees (optional) + £1,500
- Total amount £163,533
Return on Investment (ROI)
Projected investment return of
£291,640 in 5 years
Investment
£137,900
Total rental income
£34,475
Value appreciation
£119,265
About the Project
The project consists of 56 residential units. Located at a 15-minute walking distance from the sea, this project offers tranquility with its contemporary architecture and green landscape, where every detail is carefully though.
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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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