Amenities & Services
STARTING FROM £130,000
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 harbors on the Island, Kyrenia Harbor. 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.
Reference No: HP2484
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 April 2021 – this can be paid in monthly in monthly instalments or broken larger installments. Whichever you decide.
50% applied for as a mortgage at handover, at 8%
Short term holiday lets:
£250 per week high season May - October
£150 per week out of season November - April
(Please note this is the worst case scenario figures)
£300 per month
Payment plan example: £62,000
First payment –
£2000 reservation + £1400 solicitor fees
= £2400 total
25% of the property price = £15,500 - £2000 reservation = £13,500
+ 0.5% stamp duty = £310
= Total £13,810
Third Payment –
25% of the property price to be paid in instalments = £15,500 this 25% is to be paid completely by April 2021. This can be paid either in monthly instalments or quarterly instalments. The choice is yours.
For e.g. to be paid monthly = approximately £323.00 per month depending when you buy.
To be paid quarterly = approximately £2000
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. Approximately £6696 per year.
Rental Potential Example
With the potential rental approximately £250 per week through 20 weeks of the year = £5000 income
And rented long term out of season at £300 per month = £1,500
A total yearly income of £6500 MINIMUM
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: 15 minute walk
•Kyrenia Harbor: 10 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