£198,000 (2 Beds From) Sandy Beaches, & Private Terraces. 2 Bed Penthouses On A Private Residence With Facilities In Salamis

£198,000

Salamis, Famagusta, North Cyprus

2 Bedroom

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Sale Price £198,000
Listing Number 93240
Status Not Active (May 2023)
Property Type Apartment
Agency ReferenceHP2751-2
Title Deeds Exchange Deeds
Pool Shared Pool
Living Room 1

About This Listing

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Apartment For Sale Description

Individual Exchange deed
Low rise apartment buildings
Only one 2 bedroom penthouse available
Penthouse approx. 90 m², 24 m² balcony and 56 m² private roof terrace
Pergolas
Communal pool, café / bar and outdoor lounge area
Private and gated residence
Completion approx. July 2024
Interest free stage payment plans
5 minutes driving distance from sandy beaches / beach bars
Fantastic for buy to let investment

5 minutes driving distance from sandy beaches / beach bars
10 minutes drive to the famous Long Beach stretch
Local pharmacy, school, market, and health centre
5 minutes drive from a wonderful fun park
15 minutes drive to Iskele Town Center
15 minuites drive from Famagusta City center and its famous Old Town
Touristic features close by
Bars and restaurants along the coast
Larnaca airport approx. 90 minutes drive
Ercan airport approx. 50 minutes’ drive

Reference Number: hp2751-2

Enjoy a wonderful living experience thanks to this brand new upmarket and private residence that is set in the prime location within a short driving distance from the sandy Salamis coastline. Offering only a handful of exclusive property options plus on site facilities which include a communal pool, café / bar and outdoor lounge area. Standing out from the crowd are these fab 2 bedroom penthouse apartment options that offer a spacious roof terrace big enough to hold an outdoor bbq and a Jacuzzi.

Over the years off plan properties in Northern Cyprus have become more desirable thanks to the interest free finance offered on most of our new developments including this one. Adding to that, new buyers also enjoy being able to choose their own tiles, flooring etc. during the construction period ensuring a dream home. If this home feels like a good location for you please register your interest as soon as possible as property prices increase during construction. Generally off plan properties see an increase of 30% by handover.

Main project features:

Communal pool
Café / bar
Gated entry
Outdoor lounge area

Property specifications

Living room area with open plan kitchen / dining
High quality floor covering
High quality Acrylic kitchen cabinets
Built-in wardrobes throughout
Window sills made of natural marble
Double-glazed Heat Insulated Aluminum Windows
Spacious roof terrace or private garden
Suspended ceiling and lighting in the entrance hall, living room and kitchen
Outdoor and covered terraces
Communal parking
Multi-Inverter Air Conditioning infrastructure
Wall-hung toilet Pan with Built-in Reservoir
Washbasins with Cabinet
Flat Shower and Tempered Glass Cabinets
TV/Satellite Infrastructure System
Internet/Data Infrastructure System

Optional features:

Ceramic or parquet flooring throughout the house
Indoor Fireplace
Garden Fireplace and Barbecue
Full furniture and white goods packages

Payment plan options:

30% down payment
40% in interest free instalments until handover
40% in 12 monthly interest free instalments after handover

Extra costs:

£1400 solicitor fees
0.5% stamp duty
3% for the transfer of the title deeds once your property is paid in full and site is completed
5% VAT subject to a brand new property
Approx £3500 for water and electricity infrastructure
Approx 2500 Turkish lira for water and electricity meters and connections

Investment Potential:

Buy to let:

Short term holiday lets high season (approx through 25 weeks of the year) Approx. £350 per week
Long term rental: £350 per month

Buy to sell:

Based on previous experiences the prices of property when completely off plan are 30% cheaper than what they are at the time of handover as the value of property increases during construction.