ID#NorthCyprus049
5 photo
Famagusta, North Cyprus

Magnificent residential complex in the center of Magosa (#INC 20-49)

98 000

«Approved Investment» VelesClub Int.- is a magnificent residential complex in the center of Famagusta in Northern Cyprus. The basis for choosing the location for the project was the strategic location of the city of Famagusta, with its historical heritage, high level of educational infrastructure and developed trade. Near the complex there is a hypermarket «Lemar», cinemas, bowling centers, cafes, restaurants, shops. Just a 5-minute drive from the complex there is a medieval town with many historical attractions and a beautiful beach. The project consists of two high-rise buildings of modern architecture. Both blocks offer a variety of apartment types from studios to two-bedrooms, with a total of 98 apartments. All finishing work is included in the price. At the base of the complex, which unites both buildings, there are two floors of commercial real estate, where office premises, shops, restaurants and cafes, a fitness center, pharmacies, ATMs and other facilities, and closed underground parking are located. This complex is ideal for investors, as it is located in the very center of the city, in the thick of business life, close to numerous infrastructure facilities.

VelesClub Int. residents have special prices, individual forms of payment and installment payments.

*The analysis was carried out within the framework of an individual investment model to achieve maximum profitability for the period specified in the characteristics. For a full analysis or free consultation, contact our experts.

The main characteristics of the object

Commissioning Ready
Entry point 98k £
Projected price growth 10% year
Rental yield 10%
Exit point 138,2k £
Total lots 98
Square 70 - 150
Layout 1+1-2+1
The current lease agreement no
Analysis Period ➠➠➠ 12/25*

Social infrastructure of the facility

Shopping complex
Shop
Landscaped area
Playground
Gym
Pool
BBQ area
Playground
Cafe
Pharmacy
Security
Video surveillance system
Parking
5 photo
Posted 02.12.2023

ID#NorthCyprus049 / On the map

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