Two Bedroom Apartment in Erenkoy
Yeni Erenkoy, Karpaz Peninsula, North Cyprus
From £155,500
Price verified 2 days ago- Property Ref: 426
- Modern design and high quality of building
- 24/7 reception and management
- Children's outdoor play area
- Bicycle paths and green areas
- Installment payment
Property Location
The project is located in the Erenkoy area near the sandy beach.
- Sandy Beach 2 mins
- Karpaz Gate Marina 3 mins
- Supermarket 3 mins
- Restaurants 3 mins
- Erenkoy Karpaz Municipality Beach 4 mins
- Karpaz Golden Beach 40 mins
- Ercan Airport 95 mins
- Larnaca Airport 105 mins
Payment Plan
- 30% Down payment
- 40% 0% Interest installments till key delivery
- 30% 0% Interest installments after key delivery for 12 months
Payment Breakdown
- Down payment (30%) £46,650
- Installments until key delivery (40%) £62,200
- Show 25 months installment plan
- Installments after key delivery (30%) £46,650
- Show 12 months installment plan
- Total amount £155,500
Additional Fees Calculator
- Property price £155,500
- VAT (5%) + £7,775
- Stamp duty (0.5%) + £778
- Title deed transfer + £18,660
- Lawyer fees (optional) + £1,500
- Total amount £184,213
Return on Investment (ROI)
Projected investment return of
£317,198 in 5 years
Investment
£155,500
Total rental income
£27,212
Value appreciation
£134,486
About the Project
A new project with rich facilities and management in a quiet area of Erenkei near 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
WANT MORE INFORMATION?
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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.
