Studio Penthouse in Karsiyaka
Karsiyaka, Kyrenia West, North Cyprus
From £125,000
Price verified 12 hours ago- Property Ref: 470
- Private roof terrace.
- Sea and mountain views.
- Household appliances and parquet are already included in the price.
- Private beach.
- Hotel facilities.
Property Location
The complex is located in the picturesque Karshiyaka area on the north coast between the sea and the mountains.
- Sandy beach 1 min
- Marina 1 min
- Supermarket 2 mins
- Restaurants and Bars 3 mins
- Lapta Coastal Walking Path 6 mins
- Necat British College 14 mins
- Kyrenia Town Center 18 mins
- Ercan Airport 48 mins
- Nicosia 50 mins
- Larnaca Airport 80 mins
Payment Plan
- 40% Down payment
- 60% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (40%) £50,000
- Installments until key delivery (60%) £75,000
- Show 8 months installment plan
- Total amount £125,000
Additional Fees Calculator
- Property price £125,000
- VAT (5%) + £6,250
- Stamp duty (0.5%) + £625
- Title deed transfer + £15,000
- Lawyer fees (optional) + £1,500
- Total amount £148,375
Return on Investment (ROI)
Projected investment return of
£264,358 in 5 years
Investment
£125,000
Total rental income
£31,250
Value appreciation
£108,108
About the Project
Welcome to a luxurious residential complex nestled along the shores of the Mediterranean Sea. Consisting of 22 three-story blocks, it offers a stylish and comfortable lifestyle. The infrastructure includes a marina port, spa, fitness club, indoor and outdoor pools, a private beach, a restaurant, and amenities like cycling paths and bicycle rentals for outdoor enthusiasts. The closed territory ensures security and privacy for residents. Additionally, for added convenience, there will be an elevator in the building housing the facilities. Prospective homeowners are invited to explore the unique fusion of luxury, convenience, and recreational options that defines this seaside haven. Notably, the price of the apartments already includes household appliances, adding to the turnkey convenience of your new home.
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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