Studio Apartment in Famagusta

Modern 3-bedroom apartment on the ground floor in a new development located in a quiet residential area of Deryneia, within walking distance of local taverns, shops and amenities, and just 5 minutes drive from the beautiful beaches in the popular village of Kapparis.

Luxury 2-bedroom apartment on the 2nd floor in a new development located in a quiet residential area of Deryneia, within walking distance of local tavernas, shops and amenities, and just a 5-minute drive from the beaches in the popular village of Kapparis.

For those who enjoy an active lifestyle, a new development is being built on a 5,000 m² site, consisting of two blocks with terraces. The complex will include 11 shops and offices. A wide selection of apartments is available for comfortable living: studios, 1-bedroom, 2-bedroom, 3-bedroom units and penthouses. The new project will be located in the heart of Famagusta, situated between two central city streets, close to public transport infrastructure. This project is an ideal investment opportunity due to its advantageous location, near the Eastern Mediterranean and Ada Kent Universities. Since rental rates in the Sakarya area are 20% higher than in other areas, this presents a significant advantage for investors in generating annual income. Completion date: July 2023

SALES TERMS General Information Total units: 50 apartments, 5 shops, 2 offices. Distance to the sea: 625 m Completion date (24 months): January 2025 Payment Plans 40% down payment 60% installment due on handover Area and Starting Prices (Studio) 38 m² ground floor – 106,000 GBP (Studio Loft) 61 m² on the 2nd floor – 129,900 GBP (1-bedroom) 55 m² ground floor – 129,900 GBP (1-bedroom) 55 m² ground floor with garden – 149,900 GBP (2-bedroom) 70 m² ground floor – 229,000 GBP (2-bedroom) 94 m² ground floor – 229,000 GBP (1-bedroom Loft) 72 m² on the 2nd floor – 259,000 GBP (1-bedroom Loft) 70 m² on the 2nd floor – 249,000 GBP (1-bedroom Loft) 94 m² on the 2nd floor – 309,000 GBP • Transformer and Infrastructure Fee Information on the transformer and infrastructure fee will be provided later. • Annual Maintenance Fee Studio: 420 GBP (35 GBP per month) 1-bedroom: 540 GBP (45 GBP per month) 2-bedroom: 660 GBP (55 GBP per month) DEPOSIT PERIOD AND DISCOUNTS Deposit of 5,000 GBP for 30 days Note: The 40% payment must be completed at the end of the deposit period. • Additional Project Features and Marketing Strategies For 20 days or 20 sales, a 6,000 GBP discount on studios on the 2nd floor at launch. Studio apartments include 5 appliances in the sale price. Underground storage fees are charged annually. Sauna, spa and gym are charged separately. Amenities: Green spaces Playground Gym Outdoor and indoor pool Reception Cafe and bar Coffee shop Backup generator 24/7 CCTV