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The Hottest Investment in Northern Cyprus

Prove It!

Studios from £31,900
1 bed from £56,900
2 bed from £77,900
2 bed duplex from £130,900
3 bed from £115,900

£1,000 reservation + £1,400 solicitors fees
4 weeks later 25% less the reservation fee

NOTHING More Until December 2019 at completion
Then, 2 years rental guarantee at 7.5% or 8% discount
It is important to note that these prices are changing (up) almost weekly as units sell out.

EXAMPLE

TWO BEDROOM

  • Based on a price of £84,900 which will get you on a higher floor with stunning sea views.
  • 25% would come to £21,225  (Including £1,000 reservation)
  • In December 2019 you would take possession and pay the monthly mortgage which would be £739.32 per month, or you can take the 7.5% rental guarantee covering you until December 2019 and also allowing you 4 weeks use (to your choice) in both these years.

However, if buying to let, we recommend you use Busy Bees for this service. If you do this and do not take the guaranteed rental, you receive an 8% discount.
 
Currently in the same area, 2 bedroom apartments are yielding £500 per week on short term holiday lets.

Electric and water connection £2,000 per apartment.
Mortgage arrangement fee of 2% of the property price 
 
At the end of the 15 year mortgage, there is 5% vat to pay, as with all new property, and 3% transfer of title deed into your name.

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Nearby short-term rentals are currently receiving up to £500 per week for a two bedroom. We have forecast that you can do your own short term holiday lets at a very low estimate of £600 per week in 2019 in this new 5 star complex. In our opinion you can achieve 25 weeks booked per year. 25 x £600 = £15,000 per year, giving you six months use and again, your mortgage being paid for and around 8,000 per year profit!  So in theory, this 2 bed apartment could actually only be costing the initial 25% and solicitors, stamp duty and costs! Even if you only rented for 13 weeks a year, again this rental money is paying for the apartment! This applies the same on all versions of bedroom types! This is a real true amazing investment opportunity.

Basically, rent the unit for 25 weeks @ £600 (minimum) per week = £15,000
Your mortgage for the year is £8,871.84

This apartment could pay for itself after the initial 25% and pay you profit! This really isn't rocket science.


Busy Bees are in the process of setting up a rentals department in readiness for the completion of this property and our projected rental yield would be a lot higher.

Click the red buttons below to view pricing for various unit types.

Studio Pricing

1st Floor

3nd Floor

4th Floor

6th Floor

9th Floor

£31,900

£33,900

£33,900

£34,900

£35,900

And add the price of your chosen property into the mortgage calculator, term is 15 years and interest rate is 7%.

Complex and Pool

Questions? We can help figure exact payments and have up to the second availability.

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