Premier Residence Famagusta, Famagusta, Northern Cyprus 2 Bed Flat £60,900 | €67,821 | $82,694 Request a Currency Exchange Quote Here

Premier Residence is a precious investment that not only gives great opportunities to its investors with its location, stylish design, contemporary architecture. Hotel management for investors, high return on investment yield, opportunity of North Cyprus

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Property Description ID:31967422

NorthernLand Premier is one of the most prospective project in North Cyprus, Famagusta  and consists of 314 flats and 18 commercial units as a 24-storey residence project. The project has the distinction of being the highest building of Northern Cyprus with a height of 80 meters. There are studios, 1+1, 2+1,3+1, penthouse flats and 4 types of commercial units in the project.

Unique location of the project

The central location of the residence in in the downtown, provides easy access to city infrastructure objects, local activities and sights on foot and by car. Within walking distance you will find for yourself:

  •   shopping mall,
  •   university and school institutions,
  •   playgrounds,
  •   restaurants,
  •   football fields, gyms, sport arena,
  •   bowling and cinema
  •   hospital and drugstoresë  beaches
  •   sights of the old city.

This project is the only one in Northern Cyprus which apartments have a magnificent view of the Mediterranean Sea and all city of Famagusta.


Hotel Management includes in infrustructure of the Project for easy and professional service for rent for investors interest.

Payback period is 11 years

Yield earn up is 8%


Delivery Time

September 2020

Payment Plan:

1. 30% of real estate value - the initial contribution,

2. 35% of cost - 2019.

3. 35% of cost - 2020.

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Important Property Information

Available Units

2 Bed Flat
  • GBP Price: £60,900
  • EUR Price: €67,821
  • USD Price: $82,694
  • YTL Price: YTL60,900

Key Selling Points

  • High return on investment
  • Flexible Payment Plan
  • Rent Opportunity
  • Hotel management type from company
  • Perfect Location
  • Highest Project in Cyprus
Mortgage Information
Investment Facts

Category : Residential Buy to Let

Cash requirement : £15,000

Discount: 5% to Market Value

Payment Structure : 5.00 % Depsoit

30% - 2018, 35% - 2019, 35% - 2020

Completion Date:

in progress

Income Yield: 10.00% Gross Yield Guaranteed

Returns Start In...: October 2020

Rent start after delivery

Capital Growth:

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