£66,000 (2 Beds From) - 300 Meters From The Ocean, A Gold Star Project In One Of The Most Popular Coastal Regions - Long Beach

£66,000

North Cyprus

2 Bedroom

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Sale Price £66,000
Listing Number 47417
Status Not Active (June 2022)
Property Type Apartment
Agency Referencehp2205
Title Deeds Exchange Deeds
Pool Shared Pool
Living Room 1

About This Listing

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Apartment For Sale Description

Individual Exchange deed
Different sizes available between 50,55 and 65 square meters
Only 59 properties overall, each block with 5 floors
Choice of apartments with sea/mountain views
Communal pool with children’s pool
Completion Approximately May 2022
Green landscaped areas
Great for investment,
Flexible payment plans
Close to all amenities

350 meters from the famous golden Long Beach stretch
Bars and restaurants around the resort and many more along the coast (20 km stretch)
7 minutes to Famagusta state hospital
12 minutes from Famagusta city center
500 meters to the closest super-market
40 mins drive from Nicosa and its stunning historical center
50 minute drive from Ercan airport
90 minute drive from Larnaca airport

Reference No: HP2205-2

This stylish new residential resort is situated in one of the most soughed areas of Northern Cyprus, the popular coast of Long Beach. Famous for its beautiful golden sandy beach, new bars and restaurants gives any project here a high demand for new home owners and tourists. The complex offers a private and upper class home feel with top of the range facilities and only few apartments overall. The location and flexible payment terms offers anyone who purchases here a fantastic investment opportunity for short term/ long term rental. Also those of you who are genuine property investors know the perks of getting in at the very beginning of a new build. As proved on many other projects the return can range between a whopping 40 - 75% return as the value of the property continues to increase during construction.

On site amenities include:

Communal swimming pool
Children’s park
Roof garden
Barbeque area
Bar and cafe
Sea and mountain range
Project specifications:
1700 square meters total area
Parking Garage
Reception
Boiler systems
Inverter air conditioning system
7/24 camera security system
Fire detector
Two elevators
Double glass pvc windows
Central satellite
Central internet
Intercom system

General Payment Plan options:

£2000 deposit to take the property off the market + £1400 solicitor fees if you decide to use our recommended solicitor

30% of the property price minus your £2000 reservation fee as a down payment + 0.5% stamp duty

40% of the property price required either in
monthly instalments or stage payments until handover 2022 interest free

Instalments will generally commence 1 - 2 months after your down payment has been completed

Generally an infrastructure fee is required of approximately £1500 during completion for the infrastructure of the electricity and water connections

At handover the remaining 40% can be paid either in
monthly or stage payments within 3 years interest free

All properties are subject to 5% vat at handover and 3% for the transfer of the title deed should you decide to take the deed into your name.

Please note: Payment plans are very flexible. If you have a budget on the down payment and monthly instalments, please just let us know and we will come up with the best plan to suit your needs!

Extra Cost:

0.5% Stamp duty – one off payment

3% for the transfer of the deeds – one off payment

5% VAT – one off payment

Solicitor Fee: £1400 – one off payment if you decide to use our recommended solicitor

Infrastructure: £1500 – one off payment

Maintenance fee: Approximately £45 - £55 per month

500tl deposit when transferring the electricity bills into your name

Maintenance fee £40 per month

Rental Potential:

Short term holiday lets high season (approx. through 25 weeks of the year) £350 per week
Out of Season approximately £250 per week

Long term rental: £300 per month