£64,500 Modern Residential 2 Bed Apartments In Fantastic Location – Long Beach

£64,500

North Cyprus

2 Bedroom

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Sale Price £64,500
Listing Number 47718
Status Not Active (May 2022)
Property Type Apartment
Agency Referencehp2208
Title Deeds Exchange Deeds
Pool No Pool
Living Room 1

About This Listing

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verified 23 months ago

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Apartment For Sale Description

Individual Exchange deed
75 m² total
Only 31 properties overall with 5 floors
Choice of apartments with sea/mountain views
Completion Approximately October 2020
Parking
Flexible payment plans, Interest free
Close to all amenities
300 meters from the famous sandy beach and Miami style walkway
Elevator

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: HP2208-2

These two bedroom apartments are exactly what you need when looking for a peaceful home in a buzzing environment. With only 31 properties in this private residence and situated in one of the most popular coastal areas invites you to live the best of both worlds. Many new bars and restaurants lye along the beautiful Long Beach stretch great for day time and evening entertainment. A bonus in purchasing one of these modern apartments is they are in high demand for short term holiday lets and long term let. The apartment building contains high security including an intercom system and a 24/7 camera security system along with a private car parking garage specifically for home owners.

Project specifications:

First class workmanship
On an area of 900 square meters
Parking Garage
Boiler systems
Inverter air conditioning system
7/24 camera security system
Fire detector
Elevator
Double glass pvc windows
Central satellite
Central internet
Intercom systems

General Payment Plan options:
1.30% of the property price as a down payment + £1400 solicitor fees if you decide to use our recommended solicitor + 0.5% stamp duty

2.40% of the property price required until handover in November 2020. This can be paid either in monthly instalments or stage payments, interest free. Instalments generally start within 1 month after your down payment has been completed and contracts have been signed.

3. The remaining 40% of the property value will be required within 1 year after handover. So from November 2020 you will have one year to complete the balance. This can either be paid in monthly instalments or in stage payments.

Payments will commence 1 month after you have completed the previous 40%

4.At handover all brand new properties are subject to 5% vat

3% for the transfer of the title deed will be required once you have paid for your property in full should you decide to take the deed into your name.

Please note: Payment plans are very flexible. If you have a certain amount you wish to put down and a monthly instalment budget, please 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
500tl deposit when transferring the electricity bills into your name
Maintenance fee £33 per month

Rental Potential:
Short term holiday lets high season (approx through 25 weeks of the year) Approx. £350 per week
Long term rental: £300 per month