1 Bedroom Apartment For Sale in North Cyprus
We are glad to present the following Property:
Country = North Cyprus
Address = Bogaz, Iskele, Long Beach, Famagusta
This Stunning Luxury Real Estate Project consisting of six apartment buildings with 10, 12 and 14 floors, is located just 100 meters from the sea and walking distance to the beach, restaurants, supermarkets and just a short drive from the beautiful and historic city of Famagusta.
Year of Construction = 2019 (completion in October, handover in December)
Rooms = 2
Bedrooms = 1
Baths = 1
Balconies/Terraces = 1 (21,23 sqm)
Usable Area = 51,88 sqm
Total Area = 73,11 sqm
View = Seaview
Distance to Beach = 100 meters
Finishings = All finishings will be done by the Developer, and optional will be the Air Conditioning System and also the Furniture and White Good, offered by our company
Price = 96.500 Euro (+5% VAT) (£ 84.900)
Potential income = 350 Euro (per week)
YIELD = 15% (calculated only for 25 weeks of renting)
Payment informations:
- 25% Down Payment = 24.500 Euro (+stamp duty 0,5%)
- No Payment until Handover, then
- 1. Payments to Developer for 10 Years (with 12% interest rate) = 1.000 Euro / month OR
- 2. Mortgage Loan for 15 Years (with 7% interest rate) = 750 Euro / month
Parking = FREE
Air Conditioning = 1.000 Euro
Extra Costs:
- 3% for the Transfer of the Deeds
- Solicitor Fee – Lawyer = 1.600 Euro
- Utilities Connection Fees = may apply
- Maintenance Fee = 120 Euro / month
* images may have a presentation title and do not imply any obligation on the part of the real estate agency
