Apartment / Flat For Sale Iskele Ad:951516

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North Cyprus

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£154,900

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Apartment / Flat 2 bedrooms
For Sale
Iskele
North Cyprus

• Individual Exchange deed
• 6 story building
• 2 bed 1 bath, 98m2 gross
• Private terrace with bbq
• Shops located at the bottom of the complex
• Completion approx. March 2024
• Modern style and quality finishing
• Interest free stage payment plans
• Elevator
• Parking
• Great location for buy to let investment
• A paradise living experience or great for holiday homes / rental investment
• 7 minutes walking distance from a sandy beach
• Supermarket, restaurants and cafes within 5 10 minute walking distance
• Pharmacy and health centre close by
• 5 minutes’ drive from Iskele town centre
• 15 minutes’ drive from Bogaz harbour
• Touristic features close by
• Famagusta City centre approx. 20 minutes’ drive
• Ercan airport approx. 50 minutes’ drive
• Larnaca airport approx. 70 minuites drive

This is a great opportunity to own a property within a short walking distance from one of the most desired
promenades in Northern Cyprus thanks to its beautiful and sandy coastline. Every day is a new adventure
with many bars, restaurants, cafes and historical sites to explore. And, in March 2024, these lovely
modern apartments will be in the heart of all this entertainment. Each apartment consists of 2 bedrooms
with built in wardrobes, a family bathroom, and a private balcony with its very own bbq. Thanks to the
location of these wonderful homes any new buyer can reap the rewards from a buy to let purchase thanks
to the high demand for both short term and long term let rentals. Adding to that, any off plan is a great
investment as the value of property increases during the development of construction, generally in the
area we have seen at least a 30% increase in value by completion on similar properties. Get in now at the
lower prices to receive a higher return at completion.

Local activities available in the area:

Beach activities:
Swimming
Windsurfing
Speed boat hire
Kayak
Kite surfing
Inflatable water rides

Fitness:
Yoga classes
Jogging
Local gymnasium
Mountain hike
Bicycle hire

Entertainment:
Mini amusement park with rides
Restaurants
Cafe’s
Bar
Outdoor children’s play area

Necesseties:
Pharmacy
Mini health center
Supermarket
Taxi services
Car hire

Historical attractions on the South East Coast:
Kantara castle
Famagusta old town
The ancient City of Salamis
The ghost town of Verosha
Incirli Gypsum caves
Karpaz Gate Marina
Karpaz peninsular
Golden Beach

Payment plan options:
35% down payment
45% in interest free instalments until handover
20% within 6 months after handover

Extra costs:
£1400 solicitor fees
0.5% stamp duty
3% for the transfer of the title deeds once your property is paid in full and site is completed
5% VAT subject to a brand new property
Approx £1750 for water and electricity connections

Rental Potential:
Short term holiday lets high season (approx through 25 weeks of the year) Approx. £375 per week
Long term rental: £350 per month

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