Apartment for sale in Famagusta, Northern Cyprus from Red Feniks (Northern Cyprus): 2 bedrooms, 90m2, No. 48044

Property description

1694a-2. Luxurious 2 bedroom complex with swimming pool + SPA center + restaurants + cinemas + 500 meters from the sandy beach. Payment by installments is provided !!!

This unique project is located in one of the most popular areas of Northern Cyprus, Long Beach.

This five-star resort has all the infrastructure, including swimming pools, children's playgrounds, cafes and restaurants, a water park and a cinema. A large selection of modern comfortable housing with decent service is waiting for you. Here you will find everything your soul desires: casino, nightclub, cinema, sports center and other entertainment. The complex is located just 500 meters from the Long Beach Promenade, where you can enjoy the caressing waters of the Mediterranean Sea.

Construction plan:
1. At the entrance to the resort there is a 5-star hotel and casino, next to it is a large 4000 m2 swimming pool with restaurants and lounges. Completion of construction in 2022.

2. The first residential block A consists of 27 floors with 420 apartments and has a swimming pool and a bar on the top floor. Completion of construction in 2022.
3. Second block B, 29 floors, 454 apartments. Completion of construction in 2023.
4. Third block C, 31 floors, 490 apartments. Completion of construction in 2024.
5. Block E consists of 7 small four-storey blocks along the perimeter of the complex.

• Studios: 45m2 - 47m2 in the same complex, can be viewed HERE
• 1 + 1 apartments: 52m2 - 77m2 in the same complex, can be viewed HERE
• 2 + 1 apartments: 86m2 - 124m2

• Balconies and terraces
• Built-in kitchen to choose from
• Built-in wardrobes
• Double-glazed windows

Payment plan:
50% down payment
50% before receiving the keys
OR
30% down payment
40% before receiving the keys
30% in installments up to 3 years at 6% per annum

Resort infrastructure:
• Hotel, casino
• SPA
• Aquapark
• Gym
• 10 pools 7.000m2
• Skybar
• Tennis court
• Mini golf
• Beach volleyball
• BBQ area
• Playground
• Children's club
• Eco-garden
• Fish and meat platter restaurant
• Cafe and cocktail bars
• Night club

Additional services of the company:
- Checking legal purity
- Legal support of the transaction with a guarantee of obtaining all documents of ownership
- Travel: Book air tickets at the lowest price
- Post-sale service - solving any issues related to real estate maintenance

1694a-2

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Parameters	Famagusta
Rent Per Month
Apartment (1 bedroom) in City Centre	€ 586.91
Apartment (1 bedroom) Outside of Centre	€ 556.19
Apartment (3 bedrooms) in City Centre	€ 848.34
Apartment (3 bedrooms) Outside of Centre	€ 717.62
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	€ 3 266.67
Price per Square Meter to Buy Apartment Outside of Centre	€ 2 066.67

Parameters	Famagusta
Crime Index	7.65
Cost of Living and Rent Index	43.79
Purchasing Power Index	37.28
Property Price to Income Ratio	17.68
Safety Index	92.35
Traffic CO₂ Index	6650.00
Traffic Inefficiency Index	82.66
Rent Index	14.35
Health Care Index	97.22
Groceries Index	55.83
Traffic Commute Time Index	25.00
Restaurant Price Index	116.37
Climate Index	83.75
Cost of Living Index	67.27
Traffic Index	120.64

Parameters	Famagusta
Restaurants
Meal, Inexpensive Restaurant	€ 15.00
Meal for 2 People, Mid-range Restaurant, Three-course	€ 60.00
McMeal at McDonalds (or Equivalent Combo Meal)	€ 7.50
Domestic Beer (0.5 liter draught)	€ 3.10
Imported Beer (0.33 liter bottle)	€ 3.50
Coke/Pepsi (0.33 liter bottle)	€ 1.00
Water (0.33 liter bottle)	€ 1.16
Cappuccino (regular)	€ 3.26
Markets
Milk (regular), (1 liter)	€ 1.48
Loaf of Fresh White Bread (500g)	€ 1.50
Eggs (regular) (12)	€ 3.66
Local Cheese (1kg)	€ 9.00
Water (1.5 liter bottle)	€ 0.74
Bottle of Wine (Mid-Range)	€ 6.50
Domestic Beer (0.5 liter bottle)	€ 1.68
Imported Beer (0.33 liter bottle)	€ 2.05
Cigarettes 20 Pack (Marlboro)	€ 5.00
Apples (1kg)	€ 2.39
Chicken Fillets (1kg)	€ 8.05
Oranges (1kg)	€ 1.93
Potato (1kg)	€ 1.18
Lettuce (1 head)	€ 0.76
Rice (white), (1kg)	€ 2.08
Tomato (1kg)	€ 2.30
Banana (1kg)	€ 1.49
Onion (1kg)	€ 0.99
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	€ 12.60
Transportation
One-way Ticket (Local Transport)	€ 0.50
Monthly Pass (Regular Price)	€ 10.00
Gasoline (1 liter)	€ 1.25
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	€ 24 000.00
Taxi Start (Normal Tariff)	€ 5.00
Taxi 1km (Normal Tariff)	€ 1.90
Taxi 1hour Waiting (Normal Tariff)	€ 18.40
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	€ 21 000.00
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	€ 173.73
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	€ 32.56
	€ 20.45
Salaries And Financing
Average Monthly Net Salary (After Tax)	€ 753.94
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.34
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	€ 40.98
Tennis Court Rent (1 Hour on Weekend)	€ 13.82
Cinema, International Release, 1 Seat	€ 10.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	€ 45.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	€ 35.00
1 Pair of Nike Running Shoes (Mid-Range)	€ 94.80
1 Pair of Men Leather Business Shoes	€ 92.00
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	€ 380.00
International Primary School, Yearly for 1 Child	€ 2 600.00

2+1 Apartment in Famagusta, Northern Cyprus No. 48044

Property description

Location

Famagusta - Statistics