Sea View Flats That Offers 8% Profit with 3-year Rental Guarantee in North Cyprus
The great project is still constructing in the Bogaz district of Iskele, advancing on the way to becoming the shining star of North Cyprus with its proximity to the historical, natural, and coastal town Gazimagusa besides its unique sandy beaches, and natural habitats.
The flats in North Cyprus, a faraway place from turmoil, in a unique flower fragrance of Mediterranean flora, are within walking distance of cafes, markets, and restaurants, 300 mt. to the beach, 1.5 km to Bogaz boat storage, and famous tavern streets, 10 km to Iskele City Center, 14 km to Mediterranean Maquis Forest, 15 km to Salamis Ancient City, 18 km to Kantara Castle, 24 km to Gazimagusa City Center and Othello Castle, 45 km to Ercan International Airport, 41 km to Karpaz Gate Marina, 51 km to Karpaz National Park.
The elegant design complex consists of 6 blocks with 10-storeys 450 apartments in total. One of the most blazing features of the project which is close to Karpaz Highway, eyeful with its modern architecture and perfectness of communal areas, has the most stylish and enjoyable aquapark on the island.
The complex has 5 types of flats for sale. There are ground floor, middle floor, and penthouse flats with en suite bathrooms, many balconies, and bathroom options. The studio flats are 50 sqm, 1 bedroom flats 60 sqm, 2 bedroom flats 85 sqm, 3 bedroom flats 131 sqm, 4 bedroom penthouses 178 sqm, with different sizes of balconies. The spacious flats are equipped with an open kitchen compatible with kitchen appliances, mirror wardrobes, shower cabins, and mirrored bathroom cabinets.
In case of a 50% down payment or more on the contract signature, 6% of the amount will be paid back to the buyer at the end of each year until the construction is completed.
In addition, these flats offer great a rental income option for investors. Studio and 2+1 apartments offer 8% yield for 3 years, some 1+1 apartments offer 7% yield for 3 years, and some flats offer 8% yield for 4 years.