Uptown Park Project Famagusta, Famagusta, Northern Cyprus 1 Bed Apartment £48,000 | €53,455 | $65,178 Request a Currency Exchange Quote Here

Uptown Park is a city project with investment wise location in the center of Famagusta, close to Eatern Mediterranean University and city center with all the facilities, shops, restourants, cafes

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Property Description ID:31967424

Uptown Park - a new project of the company NorthernLAND, located in the heart of the city of Famagusta, ideal for living and promising for investment, provides you:
- outdoor swimming pool
- new facade of the building (functional)
- gym
- 5 minutes distance to the beaches of Famagusta.
- 2 minutes to the city center and the University of Famagusta.
 
Uptown Park will be delivered in 2018 September

 

Why we consider our projects as an investment?

The real estate always being one of the most economically effective objects for spare capital investments, because demand in the market for the real estate always exists. Especially it is relevant for such fast developing city as Famagusta.

There are several options of investment:

 

  • The investor buys from the real estate developer property in primary market (in the period of project building) and later on putting your property to the secondary market for the purpose of sale.
  • Purchase of the real estate in primary or secondary market for the follow-up leasing from 8% per annum. The location of Famagusta city allows to rent out the property for long-term (from 6 to 12 months) and short-term rent. Offers of long-term rent are in huge demand among students, because here we have the only one state university in Cyprus located in Famagusta which includes more than 20 000 students. Also the city is very popular among tourists that easily allows us to rent out properties for short terms, because from the downtown to beaches of only 2 km, and sightseeing are at distance of 1,5 km.

Our company will help you to get the maximum profit on investments from construction projects. We are an ideal business partner in the field of the investment projects connected with construction of the real estates.

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Important Property Information

Available Units

1 Bed Apartment
  • GBP Price: £48,000
  • EUR Price: €53,455
  • USD Price: $65,178
  • YTL Price: YTL48,000
Mortgage Information
Investment Facts

Category : Residential Buy to Let

Cash requirement : £12,000

Income Yield: 8.00% Gross Yield Guaranteed

Returns Start In...: September 2018

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