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For SaleTurkish title (pre-1974 Turkish-owned)Listing No 202655

1+0 Apartment with Pool in Mağusa Merkez, Gazimağusa – for Sale

Mağusa Merkez, Gazimağusa

£65,000£1,444/m²
Rooms
1+0
Bath
1
Gross
45 m²
Floor
4th Floor
Title deed · declared by the agencyNo known dispute

Turkish title (pre-1974 Turkish-owned)

Declared by the listing agency: Property already in Turkish Cypriot ownership before 1974 and not known to be subject to a Greek Cypriot ownership claim; have a lawyer verify the title history before buying.

Buying costs and title guide

Description

Located on the 4th floor of a 12-storey building in Gazimağusa city centre, this 45 m² studio apartment is just 2 years old. It features a terrace with city views, a shared pool, lift, generator, and pressure water system. The unit is semi-furnished with a fitted kitchen, air conditioning, and ceramic tile flooring. Open parking is available on site. Turkish title deed. Asking price: £65,000.

Property Features

View & Location
City
Rooms
1+0
Bath
1
Gross Area
45 m²
Floor
4th Floor
Total Floors
12
Building Age
2 Years
Title origin
Turkish title (pre-1974 Turkish-owned)
Furnishing
Part furnished
Pool
Shared Pool
Interior Features
Air ConditioningElevatorCeramic FlooringBuilt-in KitchenTerrace
Exterior Features
Hydrophore SystemGeneratorShared PoolOpen Parking

Surroundings & Location

Mağusa Merkez, GazimağusaApproximate location · neighbourhood centre

Analysis & calculators

Sales Analysis
Rental Yield Analysis
Annual Gross Yield
%7.5
Avg. Region Rent
£510/ay
Source: 28 rental and 42 sale listings on deedloom
Amortization Calculator
Payback Period
11 years
Gross Rental Yield
%9.4 / /year
Payback Period11 / 30 yrs
Estimated Monthly Rent£510/ay
Source: Source: 28 rental listings on deedloom
Mortgage Calculator
Down Payment%25 · £16.250
Term
Annual Rate
%
Monthly Payment
£591
Total Interest
£22K
Total Repayment£70.920
Estimated calculation — actual rates depend on your bank.
Price Comparison
Price Comparison%144 Above
This Listing£1,444/m²
Region Average£593/m²
144% above the area average
Source: 69 listings on deedloom
Legal Information
Office Name
Bekay Estate
Authorization Certificate No
333028645
Responsible Person
Emine Yiğit
Listing No
202655

Important Notice This listing has been created and published by the relevant real estate office. deedloom is solely a platform and is not responsible for the content.

E
Emine YiğitBekay Estate
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