Three Bedroom Penthouse Loft in Yeni Bogazici
Yeni Bogazici, Iskele Yeni Bogazici, North Cyprus
£255,000
Price verified 2 days ago- Property Ref: 442
- Walking distance to the equipped sandy beach.
- Outdoor and indoor swimming pool.
- Spa. Turkish bath. Sauna. Gym. Cafe-bar.
- Rental management option available.
- Installment payment for 1 year after receiving the keys.
Property Location
The complex is located in the area of Famagusta Yeni Boazici.
- Beach 2 mins
- Supermarket 2 mins
- Beach club 3 mins
- Bank 5 mins
- Private School 5 mins
- Medical Center 9 mins
- EMU University 12 mins
- Famagusta 12 mins
- Ercan Airport 40 mins
- Larnaca Airport 55 mins
Payment Plan
- 35% Down payment
- 35% 0% Interest installments till key delivery
- 30% 0% Interest installments after key delivery for 12 months
Payment Breakdown
- Down payment (35%) £89,250
- Installments until key delivery (35%) £89,260
- Show 20 months installment plan
- Installments after key delivery (30%) £76,490
- Show 12 months installment plan
- Total amount £255,000
Additional Fees Calculator
- Property price £255,000
- VAT (5%) + £12,750
- Stamp duty (0.5%) + £1,275
- Title deed transfer + £30,600
- Lawyer fees (optional) + £1,500
- Total amount £301,125
Return on Investment (ROI)
Projected investment return of
£526,540 in 5 years
Investment
£255,000
Total rental income
£51,000
Value appreciation
£220,540
About the Project
Modern complex with hotel-type infrastructure within walking distance to the sandy beach.
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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