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Seaview Studio For Sale – North Cyprus

73.700 EUR
North Cyprus, , ,
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comision zero

Studio 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 = 1
Bedrooms = 1
Baths = 1
Balconies/Terraces = 1 (4,60 sqm)

Usable Area = 27,78 sqm
Total Area = 32,38 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 = 73.700 Euro (+5% VAT) (£ 64.900)
Potential income = 250 Euro (per week)
YIELD = 15% (calculated only for 25 weeks of renting)

Payment informations:

  • 25% Down Payment = 18.500 Euro (+stamp duty 0,5%)
  • No Payment until Handover, then
    • 1. Payments to Developer for 10 Years (with 12% interest rate) = 750 Euro / month OR
    • 2. Mortgage Loan for 15 Years  (with 7% interest rate) = 570 Euro / month

Parking = FREE
Air Conditioning = 675 Euro

Extra Costs:

  • 3% for the Transfer of the Deeds
  • Solicitor Fee – Lawyer = 1.600 Euro
  • Utilities Connection Fees = may apply
  • Maintenance Fee = 100 Euro / month



*  images may have a presentation title and do not imply any obligation on the part of the real estate agency

Adresa: North Cyprus
Tara: Cyprus
Cod Proprietate: 23252
Pret: 73.700 EUR
Dimensiune Proprietate: 32 m2
Nr. Camere: 1
Dormitoare: 1
Nr. Bai: 1
Custom ID: C101
Anul Constructiei / Year: 2019
Locuri Parcare / Parking: Free
Disponibil De La / From: 2019-12-01
Tip / Type: Teren
Numar Etaje / Floors: 14
Building Permit
Under Construction
New Construction
Sea View
Mountain View
Floor Tiles

Compara Proprietati

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Daniel Nelu

Real Estate Manager