• Exchange deeds
  • First and only private avenue of Cyprus
  • Studios, 1 Bedrooms left!
  • In the heart of Famagusta!
  • Huge Rent income
  • Easy and quick return of investment
  • Easy transportation & access
  • 400 capacity outdoor/indoor parking
  • Retail building 2000 m2!
  • Communal pool
  • 2 Fabulous buildings
  • NO VAT TO BE PAID !!
  • NO INFRASTRUCTURE FEES !!
  • Everything you need and more on your doorstep incl bars, restaurants, clubs, supermarkets, university and hospitals
  • Close to City mall and Famagusta historical center
  • Within 5 minute drive from 2 fabulous sandy beaches
  • Within 45 minute drive from Ercan airport
  • Within 60 minute drive from Larnaca airport
  • Return of investment is 8-10 years
  • Great value for money in the City

Growing from year to year the popularity of North Cyprus has turned the country into an International hot spot of investment and tourism. Both small, medium and large time investors are attracted to Northern Cyprus mainly by inexpensive real estate, low taxes, ease of acquisition, the possibility of rapid immigration and a number of other reasons. Famagusta, the largest populated City, is seeing a good portion of this investment and this complex is in a popular area for both investment and those just looking for a great holiday home in the heart of the City. We are proud to present to you, off plan and from a builder proven in his previous projects to always finish on time, these stunning one bedroom apartments in the center of town. Register your interest now, limited availability. One block is finished and sold out. Reference No: HP1985

Project Details:
•Ceramic flooring
•High-gloss kitchen
•Sliding wardrobe doors in bedrooms
•Double glazed aluminum windows
•Marble stairwells
•Glass combination balcony railings
•Central heating and cooling systems
•Elevator
•Central water tanks
•Central water pressure system
•Central generator
•Central satellite system
•Central fire protection system

Land Area: 13,000 m²
Construction Area: 36,000 m²
Retail Area: 7,700 m²
Residential Area: 22,700 m²
Basement: 6,500 m²
Capacity of indoor and outdoor parking: 400 cars

Property Information:
Studios £39,000 Approx 45 m2

1 Bedroom apartments £49,900
57 m2 for middle apartments
66 m2 for corner apartments

Payment terms:
First Payment
Down Payment 30% + 0.5% stamp duty and £1400 solicitor fees (If you decide to use our recommended solicitor).

Second payment at handover:
70% required at handover in May 2020
£600 deposit for maintenance fee
Approximately 250 tl per month for maintenance

Once your property is paid in full and you wish to take the deed in your name then 3% is required for the transfer of the deeds.

Rental potential:
Studio – Approx £200 per week high season through 25 weeks of the year
Long Term – Approx £250 per month

1 Bedroom – Approx £300 per week high season through 25 weeks of the year
Long Term – Approx £300 per month