1+1 Apartment in Famagusta, Northern Cyprus No. 134824
- EUR €
- USD $
- RUB ₽
- NOK kr
- GBP £
- TRY ₺
Property description
Unique project with investment apartments in Famagusta, North Cyprus
The project is located in the Famagusta area, where you can find the most beautiful beache of Northern Cyprus which will be only 10 minutes distance by car. Also, all necessary social facilities such as restaurants, bars, supermarkets, banks etc., are within walking distance. This project is a good example of investment property in North Cyprus because it is situated on the territory of one of the most famous international universities of North Cyprus – Eastern Mediterranean University, that is why the rental and development prospect of the region transform this residence into an investment that continuously gains value.
Apartment complex consists of 78 units, there will be 1+1, 2+1, 1+1 loft apartments and 2+1 penthouse apartment on the top floor. Some of the 1+1 apartments have a spacious roof terrace, as well as the penthouse apartment.
In addition, the complex includes a shopping area on the ground floor and reception. Affordable apartments with mountain view in Famagusta, North Cyprus.
COMPLETION DATE: 2024
1-bedroom apartment with total closed area of 38 m2 plus a balcony area of 4-12 m2.
Starting price is 72.400 GBP.
2-bedroom apartment with total closed area of 71-91 m2 plus a balcony area of 6-20 m2.
Starting price is 176.950 GBP.
1-bedroom loft apartment with total closed area of 61-78 m2 plus a terrace area of 13-52 m2.
Starting price is 126.500 GBP.
2-bedroom penthouse with total closed area of 82 m2 plus a terrace area of 146 m2.
Starting price is 363.750 GBP.
Beach: 6 km
Famagusta city center: 3.5 km
Iskele: 15 km
Airport: 45 / 75km
Kyrenia: 65 km
Reasons to invest in Northern Cyprus in this project:
Good rental income
Convenient location with easy reach to city infrastructure
High capital appreciation
Facilities:
Playgrounds
Supermarkets
Clothing stores
Cafes and restaurants
Parking spaces
Pharmacy
Garden
Payment plan:
5000 GBP - Reservation
35% - down payment within 3 weeks
15% - payable within 2 months
50% - 0 interest installments until key handover
Famagusta - Statistics
| Parameters | Famagusta |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | € 500.00 |
| Apartment (1 bedroom) Outside of Centre | € 600.00 |
| Apartment (3 bedrooms) in City Centre | € 700.00 |
| Apartment (3 bedrooms) Outside of Centre | € 700.00 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | € 4 000.00 |
| Price per Square Meter to Buy Apartment Outside of Centre | € 3 000.00 |
| Parameters | Famagusta |
|---|---|
| Crime Index | 7.65 |
| Traffic Commute Time Index | 25.00 |
| Property Price to Income Ratio | 23.74 |
| Climate Index | 83.75 |
| Safety Index | 92.35 |
| Traffic CO₂ Index | 6650.00 |
| Traffic Inefficiency Index | 82.66 |
| Rent Index | 12.46 |
| Health Care Index | 97.22 |
| Traffic Index | 120.64 |
| Parameters | Famagusta |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | € 7.53 |
| Meal for 2 People, Mid-range Restaurant, Three-course | € 60.00 |
| McMeal at McDonalds (or Equivalent Combo Meal) | € 7.00 |
| Domestic Beer (0.5 liter draught) | € 3.00 |
| Imported Beer (0.33 liter bottle) | € 3.00 |
| Coke/Pepsi (0.33 liter bottle) | € 1.90 |
| Water (0.33 liter bottle) | € 0.86 |
| Cappuccino (regular) | € 3.00 |
| Markets | |
| Milk (regular), (1 liter) | € 1.50 |
| Loaf of Fresh White Bread (500g) | € 1.47 |
| Eggs (regular) (12) | € 2.40 |
| Local Cheese (1kg) | € 10.79 |
| Water (1.5 liter bottle) | € 0.95 |
| Bottle of Wine (Mid-Range) | € 4.00 |
| Domestic Beer (0.5 liter bottle) | € 1.52 |
| Imported Beer (0.33 liter bottle) | € 2.12 |
| Cigarettes 20 Pack (Marlboro) | € 2.00 |
| Apples (1kg) | € 1.20 |
| Chicken Fillets (1kg) | € 5.00 |
| Oranges (1kg) | € 0.40 |
| Potato (1kg) | € 1.04 |
| Lettuce (1 head) | € 0.70 |
| Rice (white), (1kg) | € 2.00 |
| Tomato (1kg) | € 2.53 |
| Banana (1kg) | € 1.10 |
| Onion (1kg) | € 0.91 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | € 9.00 |
| Transportation | |
| One-way Ticket (Local Transport) | € 0.00 |
| Monthly Pass (Regular Price) | € 0.00 |
| Gasoline (1 liter) | € 1.38 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | € 26 000.00 |
| Taxi Start (Normal Tariff) | € 9.50 |
| Taxi 1km (Normal Tariff) | € 1.80 |
| Taxi 1hour Waiting (Normal Tariff) | € 16.00 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | € 14 000.00 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | € 139.80 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | € 35.23 |
| € 18.00 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | € 737.25 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.26 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | € 25.00 |
| Tennis Court Rent (1 Hour on Weekend) | € 10.00 |
| Cinema, International Release, 1 Seat | € 5.00 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | € 25.00 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | € 53.33 |
| 1 Pair of Nike Running Shoes (Mid-Range) | € 100.00 |
| 1 Pair of Men Leather Business Shoes | € 103.32 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | € 369.38 |
| International Primary School, Yearly for 1 Child | € 2 200.00 |
- Price
- per m²
- EUR €
- USD $
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