Two Bedroom Penthouse in Yenikent

Yenikent, Nicosia, North Cyprus

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£195,000

Price verified 1 day ago

130 m²

2 Bedrooms

2 Bathrooms

Ready to Move In

  • Property Ref: 505
  • Private roof terrace. Ready to move in.
  • VRF system is included.
  • Private storage place and parking space.
  • A well-maintained residential complex with a green area and facilities.
  • Located in a prestigious area in Nicosia close to the border with the European Union.
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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

The project located is in the capital of Northern Cyprus, Nicosia.

  • Supermarket, Gym, Cafes 1 min
  • The new Presidential Palace and TRNC Parliament Building 1 min
  • National Park 2 mins
  • Metehan Border Gate 3 mins
  • Bank 3 mins
  • Dereboyu Avenue Shopping Center 4 mins
  • TED College 7 mins
  • Near East University 12 mins
  • Ercan Airport 24 mins
  • Larnaca Airport 50 mins

Payment Plan

  • 100% Down payment

Payment Breakdown

  • Down payment (100%) £195,000
  • Total amount £195,000

Additional Fees Calculator

  • Property price £195,000
  • VAT (5%) + £9,750
  • Stamp duty (0.5%) + £975
  • Title deed transfer + £23,400
  • Lawyer fees (optional) + £1,500
  • Total amount £230,625

Return on Investment (ROI)

Projected investment return of
£431,898 in 5 years

Investment £195,000
Total rental income £68,250
Value appreciation £168,648

About the Project

This is a ready prestigious residential and commercial project in the capital of Northern Cyprus, offering prime location, high-quality construction, and promising prospects. Spanning 35,000 m2, it includes over 300 residences, 21 shops, and the island's largest gym. The development features urban green spaces, parks, restaurants, and essential services like clinics.

Emphasizing sustainability and modern living, apartments showcase eco-friendly materials, double-glazed windows, and high-end finishes. The project integrates seamlessly into commercial activities with ground-floor shops and adaptable residential spaces for businesses.

Strategically located near key establishments, including the new Presidential Complex, Near East Bank headquarters, and with top-notch amenities, Intense Nicosia stands out as a modern, vibrant community setting new standards in Northern Cyprus.

Residential Apartment Features:

• Environmentally Friendly Material

• Double Glazed Aluminum

• Water and Heat Insulation for Roofs

• Custom Design Suspended Ceiling

• Parquet, Marble, and Ceramic Floor

• Master Bedroom En-Suite

• Acrylic Kitchen Cabinets

• Built-in Wardrobe

• Solar Energy Supported Water Boilers

• VRF/VRV Central Heating and Cooling

System

• Environmentally Friendly Hansgrohe

Sanitary Ware

• Central Hydrophore System

• Central Satellite, Internet, and Telephone

Infrastructure

• Intercom System.


Apartment Block Features:

• Environmentally Friendly Material

• Double Glazed Aluminum/PVC

• Water and Heat Insulation for Roofs

• Custom Design Suspended Ceiling

• Parquet, Marble, and Ceramic Floor

• Master Bedroom En-Suite

• Acrylic Kitchen Cabinets

• Invicta Fireplace*

• Built-in Wardrobe

• Solar Energy Supported Water Boilers

• VRF/VRV Central Heating and Cooling

System

• Environmentally Friendly Hansgrohe

Sanitary Ware

• Central Hydrophore System

• Central Satellite, Internet, and

Telephone Infrastructure

• Intercom System.

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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

WANT MORE INFORMATION?

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