Three Bedroom Villa

Yeni Erenkoy, Karpaz Peninsula, North Cyprus

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From £500,000

Price verified 6 hours ago

256 m²

3 Bedrooms

3 Bathrooms

2 Months
Instalments

June 2024
Completion

  • Property Ref: 315
  • Private pier within walking distance and a spectacular beach.
  • The project, which is elegant and sleek with the concept of "not against nature, but in touch with nature".
  • Fantastic opportunity for first time investors.
  • Close to all necessities, including supermarkets and pharmacies.
  • Payment plan options available.
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GET MORE INFORMATION ABOUT THIS PROJECT

Get in touch with us today to learn more about this unique property investment opportunity in North Cyprus.

THANK YOU

One of our property advisors will contact you soon.

Rosemarie - English Speaking Property Advisor
Rosemarie

English Speaking Property Advisor

Phone: +90 533 868 0020

WhatsApp: +90 533 868 0020

Irina - English Speaking Property Advisor
Irina

English Speaking Property Advisor

Phone: +90 533 833 2010

WhatsApp: +90 533 833 2010

Property Location

Property Location

Located in Erenköy at the entrance of the Karpaz Peninsula.

  • Sea 1 min
  • Pharmacy 4 mins
  • Supermarket 5 mins
  • Cafes and Restaurants 7 mins
  • Pier 45 mins
  • Famagusta 65 mins
  • Ercan Airport 80 mins
  • Kyrenia 87 mins

Payment Plan

  • 40% Down payment
  • 60% 0% Interest installments till key delivery

Payment Breakdown

Additional Fees Calculator

  • Property price £500,000
  • VAT (5%) + £25,000
  • Stamp duty (0.5%) + £2,500
  • Title deed transfer + £60,000
  • Lawyer fees (optional) + £1,500
  • Total amount £589,000

Return on Investment (ROI)

Projected investment return of
£1,069,932 in 5 years

Investment £500,000
Total rental income £137,500
Value appreciation £432,432

About the Project

Located in Erenköy at the entrance of the Karpaz Peninsula, this project will enrich your life with its sophisticated details that combine luxury and comfort, like waking up every morning to the crisp air of the Mediterranean and breathtaking sea view.

The Erenköy region, which harbours many historical and cultural heritage sites located at the entrance of the Karpaz Peninsula, stands out with its clean air and untouched nature, where every shade of green and blue can be found.

In recent years, the Erenköy region has become a rare location attracting locals and tourists alike, consequently increasing the value of AKOL MARINE with each passing day.

Located on the only zoned land of the region, this luxury project is accompanied by Karpaz Gate Marine, the largest and magnificent marina of the island. 24 villas, each more luxurious and comfortable than the other, with an indoor area of ​​176 m2, are located on a total of 14,860 m2 land, 9,500 m2 of which is green space.

With the wide-angle view provided by its unique architectural design, you will always feel yourself in green and blue landscapes. You will be able to cool off in your 24m2 detached pool and enjoy the first rays of the sun and sunset on your 74 m2 terrace with a unique view and 6 m2 balcony.

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.