Studio apartment 1 bedroom 54 m² Spathariko, Northern Cyprus

Spathariko, Northern Cyprus, Famagusta
€149,793
€2,774/m²
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Location

  • Country
    Northern Cyprus
  • Region
    Gazimağusa District
  • City
    Famagusta
  • Village
    Spathariko

Property characteristics

Apartment parameters

  • Price per m²
    Price per m²
    €2,774/m²
  • Rooms
    Rooms
    1
  • Bedrooms
    Bedrooms
    1
  • Bathrooms
    Bathrooms
    1
  • Total area
    Total area
    54 m²

Building parameters

  • The year of construction
    The year of construction
    2026

Interior details

Cooling:

  • Air conditioner

Interior Features:

  • Furnitured
  • Balcony

Exterior details

Exterior features:

  • Elevator

View:

  • Sea view

Description

Studio 54 m² with a rationalized income and buyback.
The best deal for investors: 25 years of guaranteed rental income and buyback by the developer (before the end of 5 years) at the purchase price.

We offer you apartments in a resort complex with the Sea View Towers hotel concept. Territorially, it is in the Iskele area, which Forbes magazine named the best region in the world to buy resort real estate.
In this resort, every apartment will have an unsealed, breathtaking sea view. And this is very rare even for Cyprus.
The project will include studio apartments, 1+1, 2+1, 3+1 and penthouses.

Prices for fully furnished apartments start at £130,000. This price includes the apartment itself, full furnishings and connection to communications. In addition to this price, you will pay only the necessary taxes when purchasing to the state, depending on which apartment design scheme you choose.

This is the best investment offer in Northern Cyprus as we offer you 25 years of guaranteed rental income of 7.5% per annum in British pounds sterling. Moreover, every 3 years this interest rate will be revised upward. It will increase by at least 1% every 3 years.

This is our exclusive offer. No one else in Northern Cyprus will offer you this.

Apart from a few 5-star hotels, Sea View Towers is the first true full-fledged resort in Northern Cyprus. For the first time on the island, on an area of 90,000 m2, the largest amusement park in Cyprus, Adventure World, will be built in this resort. It will include a water park, zoo, riding club, amusement moon park, tennis courts, golf courses, karting and more). Entrance will be both for residents of the complex and for guests from the outside.

As part of this resort, a 17-story hotel with a casino and all the resort infrastructure of the appropriate level is also being built on an area of 70,000 m2. There will be 10 restaurants with different cuisines of the peoples of the world. As you can see, there will be entertainment at this resort for both adults and children. Seaview Towers will be the best and unique resort destination on the entire island! And at the same time, the complex does not have 3,000, but only 320 luxury apartments. That is, significantly less than those who want to purchase them. This means that in addition to the guaranteed rental income for 25 years, the cost of the apartments themselves will constantly increase, since the demand for them will always exceed supply!

The Seaview Towers complex itself will have outdoor swimming pools and an indoor heated swimming pool, hammam, gym, sauna, massage,
reception 24/7 (each apartment will have direct communication via internal telephone with reception, as is the case in hotels), restaurant, rooftop bar, 24-hour security and much more. All this infrastructure will be located on an area of 1,500 m2, that is, approximately 10 times larger than in any resort complex in Northern Cyprus.

Apartment owners will not pay extra for all of the above. All these services and services are covered by the standard cost of servicing the complex. Under a guaranteed lease agreement, the cost of maintaining the complex and utility bills are paid by the management company. Apartment owners will receive a net 7.5% per annum from apartment rentals without any deductions.

We exclusively offer the best conditions for our buyers and investors:
Payment plan:
• Deposit = £3,000.
• First payment = 35% of the cost of the apartment (and the deposit is included in this amount).
• The remaining money is paid in interest-free installments over 3 years.

For the first time in Northern Cyprus, Capital Bank provides guarantees for the completion of the project.

And also, when purchasing an apartment in this complex, the bank is guaranteed to open bank accounts for you for the whole family, and lends you at only 3% per annum for 5 years. This interest rate is fixed. It will not change throughout the duration of the loan. To do this, you do not need to obtain an acquisition permit from the Council of Ministers, look for Cypriot guarantors, or provide income certificates. A valid international passport and an apartment purchase and sale agreement in this complex are sufficient.

It's not just the bank that provides guarantees. If you are an investor and have doubts about whether you will be able to earn money by reselling these apartments at a higher price (except that you will earn a guaranteed rental income), the developer is ready to undertake obligations to buy back the apartments. That is, under no circumstances can an investor lose his money in this project. And his earnings are guaranteed.

Sometimes our customers complain that they cannot get the usual household amenities here, such as centralized hot water supply. For the first time in Northern Cyprus, this issue has been resolved in the Seaview Towers project. As well as centralized television, the Internet, and the air conditioning system. The complex provides not only its maintenance, but also centralized waste removal and storage rooms. In addition, the complex will have an autonomous power supply generator so that interruptions do not disrupt the recreation of guests of this resort.

Updated at: 10/04/2024

Location on the map

Spathariko, Northern Cyprus, Famagusta

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