CAESAR RESORT Cashflow - STUDIO PROPERTY.

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‫ אין במסמך זה הבטחת תשואה! הצפי הינו להמחשה בלבד‬- ***THIS IS NOT A GUARANTEED RETURN. FOR ILLUSTRATION PURPOSES ONLY***
DISCLAIMER: THE BELLOW IS ONLY FOR ILLUSTRATION PURPOSES. WE AIM TO ALWAYS PROVIDE YOU WITH THE MOST UP TO DATE AND ACCURATE INFORMATION AND THEREFORE ACCEPT NO LIABILITY
SHOULD THE INFORMATION BE INACCURATE IN ANY WAY. ALL FIGURES ARE PROJECTIONS ONLY (NOT A COMMITMENT) AND WE DO NOT GURANTEE THE RETURNS. ALL CLIENTS MUST SEEK ADVICE AND
GUIDANCE FROM A LAWYER IN NORTH CYPRUS BEFORE PROCEEDING WITH A RESERVATION.
‫ כל הנתונים כאן הינם תחזית )לא התחייבות( בלבד ואין‬.‫ אך איננו לוקחים כל אחריות על נכונות המידע‬,‫ מטרתינו היא תמיד לספק לך נתונים מעודכנים ומדוייקים‬.‫ הרשום מטה הינו למטרת המחשה בלבד‬:‫לתשומת ליבך‬
.‫ הלקוחות מתבקשים לקחת ייעוץ משפטי מעו"ד מקומי לפני ביצוע ההזמנה‬.‫בהם משום התחיבות כלשהי לתשואה‬
North Cyprus Property Investment

Property CAESAR RESORT

Type 1+0
Unit Number A-76 SATURN Block
Completion June 2024
Bedrooms Studio 3rd Floor

Total Size 46m2 + 8m2 balcony R3 Floor Plan

Discounted Price £115,084

VAT 5% £5,754

StampDuty (SD) 0.5% £575

Transfer Fee 12% £13,810 Buying Costs - See below

Solicitor Fee / lawyer £1,200 Payment Dates

Utility Connection £1,500

*Furniture Pack (approx) £7,500 AC/Whitegoods/bedroom/lounge/soft furnishings

£10
TOTAL COST £145,434

*Furniture are only included if a price is mentioned. Furniture are subject to price fluctuations. Final Quotation will be provided at the time of reservation or
contract signature
‫ או לקראת חתימת החוזה‬,‫ מחירים סופיים ימסרו בעת ההזמנה‬.‫ מחירי הריהוט נתונים לשינויים‬.‫*הריהוט נכלל רק אם מצויין מחיר‬

Payment Plan
Unit no A-76 Due Date

Costs (Solicitor + SD 0.5%) £1,775 Upfront - Paid upfront to solicitor for Convencying & Stamp Duty Payment
Reservation Fee £1,500 Upfront - Paid upfornt to Developer to Reserve Property & take off market for 15 days

30% Down Payment £33,025 August 2023 - 30% Less Reservation Fee to Exchange Contract - within 15 days After Reservation Fee

70% Balance £80,559 September 2023 - September 2026 - 70% balance paid over 36 month sinterest free. Monthly at 2238 GBP

Furniture £7,500 November 2026 - Paid on handover to Design interior, purchase furniture & Prepare to Rent
VAT & Utility connection £5,754 September 2027 - Paid within 1 year from handover
6% Transfer Fee for Title Deed £6,905 October 2023 - 6% Paid on contract registration
6% Transfer Fee balance £6,905 September 2027 - 6% end of anytime to transfer Title Deed - Caesar will advise when ready
TOTAL £143,924

PROJECTED ANNUAL RENTAL RETURNS

Rental Income at 75% occupany £17,438 Projected yearly

Maintenance Fee p.a £552 Yearly in advance

per booking on rental income (estimated figure and is subject to

Management Costs 20% £3,488
change per booking made through booking channels)

Rental Income Tax 13% £2,267 Due to inflation - rate is temporarily at 16%

NET Income at 75% occupancy £11,131

NET RETURN AFTER COSTS 9.67%

PROJECTED RENTAL PRICES (PER NIGHT)

Months STUDIO ONE BED TWO BED STUDIO PER MONTH
FEBRUARY-APRIL -£ 55.00- -£ 80.00- -£ 110.00- -£ 4,950.00-
MAY-JULY -£ 75.00- -£ 95.00- -£ 150.00- -£ 6,750.00-
AUGUST-SEPTEMBER -£ 80.00- -£ 100.00- -£ 200.00- -£ 4,800.00-
OCTOBER -£ 60.00- -£ 85.00- -£ 100.00- -£ 1,800.00-
NOVEMBER-JANUARY -£ 55.00- -£ 75.00- -£ 110.00- -£ 4,950.00-
TOTAL at 100% occupancy rate -£ 23,250.00-
TOTAL at 75% occupancy rate -£ 17,437.50-

*Miscellaneous Payments: KibTek Electricity connection / Annual Council tax fee / Garbage collection fee / water / internet
‫ ומס עירוני שנתי‬,‫ אגרת פינוי זבל‬,‫ לאינטרנט‬,‫ למים‬,‫ חיבור לחשמל‬:‫*תשלומים נוספים‬

8/16/2023 22:40:44