Opis:

Limited time MORTGAGE Offer * £10k deposit with balance over 5 years * LOW INTEREST 2.65% fixed rate * Spacious penthouse with panoramic view roof terrace * Walking distance to bay * Shared pool *10 min to 18 hole GOLF COURSE & ESENTEPE * Lovely established GARDENS * Great holiday/LETTING POTENTIAL *Perfect for relocation or holiday use *RESTAURANTS within walking distance *KYRENIA HARBOUR only 25 minutes' drive

Don't miss the opportunity to grab this fabulous North Cyprus penthouse with massive roof terrace just a short walk from the beach with unique, limited time low interest mortgage offer!

Pay just £10,000 deposit and the balance over 5 years at only 2.65% fixed rate. Enjoy a drink on your private roof terrace with panoramic views of the Besparmark mountains. Wander through the mature gardens to enjoy a dip in the site pool and chat to other owners in this established community. A choice of local cafes and bars are within a short stroll or driving distance - with local supermarket also just 4km away and Esentepe village close by. Enjoy a walk along the lanes to the sea, or a short drive to the fabulous Korineum Golf and Beach Resort nearby to enjoy a round of golf, a treatment in the spa or a meal in the high class restaurant. Call our NCI staff now on +44 207 112 8086 or +90 548 861 0600 for further property & inspection trip details.

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.

Terms and Conditions current 1st March 2015 - valid until 31st August 2015.