•ONLY 25% DOWN NOW
•MORTGAGE AVAILABLE AT HANDOVER
•ONLY TWO AVAILABLE
•3 Bedroom 170 square meters
•Completion June 2021
•Gym, sauna, communal pool
•Luxury lifestyle•Individual parking spaces
•Shops on site
•Flexible payment plans
•City Centre location
•35 min drive from Ercan airport
•90 min drive from Larnaca airport
•15 minutes' drive to closest beach
•15 minutes’ walk to Kyrenia harbor
•Bars and shops around you
This Luxury modern complex consist of 4 blocks, each with 5 floors and 4 different types of apartments available. The complex sits in the heart of Kyrenia City Center just minutes' away from one of the most beautiful and famous harbours on the Island, Kyrenia Harbour. This location offers a mixture of lifestyles with the City's bars, restaurants, supermarkets and clubs within walking distance but you also have the choice to relax at home by the pool, on the complex away from the hustle and bustle. The complex offers a communal pool, gym, spa and children's playground making this a great place for family and private holidays. In such a spectacular location with great amenities on site as well as located in the area, this makes the project one of the best to invest in with a high demand for long term and short term rental within the area. If not for investment purposes what better way to treat yourself to living that luxury lifestyle.
•Located in Kyrenia City Centre
•Individual parking spaces
•Laminated parquet bedroom floors
•60x60 granite ceramic
•Laminated kitchen cabinet units
•Laminated bedroom units
•Battery powered elevator
•Aluminum balcony guards
•Central satellite system
•Central internet system
•Solar power and hot water system
•High class and high quality materials used
•Great rental potential
*** EXCLUSIVE DISCOUNT OFFER! ***
For every £10,000 you pay on top of your second 25% payment, receive a £1000 back!
We have been an EXCLUSIVE opportunity for our first 5 customers to pay 25% down now and NOTHING until completion 2021!!
£1400 solicitor fees (if you decide to purchase through our recommended solicitor)
25% - £2000 reservation fee + 0.5% stamp duty required 4 weeks later, maximum.
25% paid in instalments until handover
50% applied for as a mortgage, required at handover
3 bedroom penthouse:
Short term = £550 per week high season May - October
£450 per week out of season November - April
£550 per month
Payment plan example: £155,000
First payment –
£2000 reservation + £1400 solicitor fees
= £2400 total
25% of the property price = 38,750 - £2000 reservation = £36,750
+ 0.5% stamp duty = £775
= Total £37,525
Third Payment –
25% of the property price to be paid in installments = £38,750 this 25% is to be paid completely by April 2021. This can be paid either in monthly installments or quarterly installments. The choice is yours.
For e.g. to be paid monthly = approximately £1614 per month depending when you buy.
To be paid quarterly = approximately £7750
Fourth payment –
50% of the property price can either be paid for in
Applied for as a 5 year mortgage at handover 2021 with a 8% interest rate. £77,500 = approximately £16,750 per year.
Rental Potential Example
With the potential rental approximately £550 per week through 20 weeks of the year = £11,000 income
And rented long term out of season at £550 per month = £2,750
A total yearly income of £13,750 MINIMUM
These properties are not very far from paying for themselves!
Kyrenia harbor houses fishing boats, yachts, restaurants, gift and souvenir shops as well as cafe bars with tables along the sparkling sea. Kyrenia harbor is a great place for a drink and a meal, do not forget to try Turkish coffee. The coastline of Kyrenia is dotted with numerous beaches which are great to enjoy a day out in the sun. To the South of Kyrenia the beaches include Caravanserai Beach which is a nice sandy beach, Deniz Kizi and Golden Bay beach where they offer water sports, Escape Beach Club with a lot of water sports and good food, Camelot Beach and Sunset Beach Club with a deck, all the beaches are clean and good for snorkeling. Kyrenia is a great place for a beach holiday and houses more than 150 hotels from budget to luxury to choose from, so it is never a hassle to book a hotel in the Kyrenia area. This harbor town also offers numerous restaurants from fine dining to a quick snack.
Travel Times to Amenities
•Local bars, restaurants and supermarkets: on your doorstep
•Ercan airport: 35 minute drive
•Kyrenia General Hospital: 25 minute walk
•Kyrenia Harbor: 15 minute walk
•Lefkosa town: 25 minute drive
•Necat British School: 15 minute drive
•Girne American University: 10 minute drive
•Korineum Golf and Beach Resort: 25 minute drive