West Coast Beach-front Pre 74 Title Deed 2 bed Penthouse

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Property ID : 53110517-EEN-GUZELYURT

For Sale, Special Offer £69,950 - Apartment, Mortgage & Payment Plan, Pre 74 Title Deed
60 m2 2 Bedrooms 1 Bathroom
 
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* NEW: MOVE IN for ONLY £21,000! * SPECIAL 10 year mortgage offer at 8% * Pre 74 Turkish Title Deed * Award-wining beach-front site * All-year RESTAURANT ONSITE * Sea view, sandy beach-front apt * SPA & WATER SPORTS CLUB onsite * Close to 9 hole GOLF COURSE * KEY READY * Great holiday LETTING POTENTIAL * Fully managed * Indoor heated /spa, beach bar, restaurant with WIFI, three pools * Contact NCI now on +44 207 112 8086 or +90 548 861 0600 for Inspection trip or viewing.

LAST ONE REMAINING with 10 year 30% deposit MORTGAGE OFFER. “Delux” standard holiday or all-year penthouse on this world-class, award-winning, Pre-74 Turkish Title site with direct access to sandy beach and all-year, hotel standard facilities. Whether you are a single, couple or small family, this compact but beautifully designed, fully managed, two bedroom penthouse is finished to the highest possible interior standard available in Northern Cyprus. All owners have access to hotel-standard facilities including all-year heated pool/spa, children’s facilities, mini-golf, volleyball court and much more.

Your ideal holiday property on the West Coast Bay of North Cyprus

The West Coast Bay area of Northern Cyprus offers a unique combination of natural beauty, local charm, historic sites, perfect cycling and walking surroundings along with all that a holiday needs in terms of sand, sea and sun. Rent a bike from the friendly site management team and enjoy a cycle ride along the windy local lanes with breathtaking views of the Troodos Mountains to the south. Enjoy a leisurely breakfast at the local organic café, sampling local home-baked bread and other traditional Cypriot delicacies. Spend a day exploring historic Soli Basilica and Amphitheatre and Vouni ancient Persian palace, swim in local bays, lunch in local fish taverns, before returning back to enjoy a sunset drink in the high-class site restaurant and bar. If you have children, they will feel right at home with summer activities organised onsite, yet the spacious site never feels crowded owing to the large number of pools (indoor and out) and sunbathing areas. The sandy beach is managed with umbrellas and lounger chairs – and there are hammocks to laze in and listen to the sound of the waves.

Easy access to water sports and golf

Water sports enthusiasts will delight in the onsite club – offering kite-surfing lessons, kayaking, paddle-boarding and much more, as well as an on-site beach club shop. The 18 hole Korineum Golf club is over an hour away to the north, but the friendly and very inexpensive 9 hole CMC club is just 10 minutes away, allowing a very easy-access, local daily practice course for owners at the site.

If you wish to find out more about this Pre 74 Title penthouse property at one of North Cyprus’ leading beach-front holiday sites with only £10,000 down, then don’t miss this opportunity. Call our UK North Cyprus International team on +44 207 112 8086 now to book your viewing.

Terms and Conditions – Non-status Mortgages (in-house developer loans) 

NCI Limited Time Mortgage Promotion £10,000 or £40,000 deposit, balance over 5 years at 2.65% (fixed rate) = 5% – completed properties.

Who is eligible and what is the application process?

Anyone who is eligible to purchase a house in N. Cyprus is eligible for a non-status mortgage.    Clients nearing retirement age should be sure to calculate that monthly payment figures will be realistic in 5 years time.  Your NCI Property Advisor will arrange the application this during the purchase process.  There is no credit check involved.

When do the payments begin and how are they made?.  The following 1st of the month after the £10K or £40k deposit is paid.  Paid monthly – direct to the vendor’s Garanti Bank account in North Cyprus.  Paying quarterly in advance may reduce annual currency transfer fees and can be arranged as an alternative.

What are the interest rates and what type are they?  The interest rate is 5% which works out at 2.65% fixed rate.  They are reducing balance interest rates.  There is no front loaded interest.

Is there any penalty for early settlement?  No, the outstanding loan can be repaid at any time with no penalty.

How late can a payment be before it counts as default and what is the result? 14 days after the due date.  The client will receive 3 written warning notices , each 14 days apart.  Unless an agreement is reached with the developer, legal action would be taken to repossess the property at that stage.

How much of value of my home do I lose in the event it is repossessed?  In the event of repossession the developer reserves the right to retain 30% of the value of the property.  Whatever has been paid over 30% by the mortgagee would be refunded once the developer or the client has been able to resell the property.  No refunds are due until a resale has been achieved.  This will be clearly outlined in the purchase contract.

When do I receive my title deed?  Title deed is transferred to the buyer once all payments are made.

 

Additional Details

  • Terraces: 12 m2
  • Close to: Golf, Beach, Watersports
  • Distance to beach: 150 m
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West Coast Beach-front Pre 74 Title Deed 2 bed Penthouse
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