Apartment in Kyrenia

1 bedroom apartments + sea front established development + payment plan

Ref. 199c


Property Internal Size

42 M2





This development is quite simply impressive! This unique development is truly one of a kind. Situated on the coast near the village of Esentepe only a twenty minute drive east of the historic town of Kyrenia. The project is superbly situated and is surrounded by the intrinsic charm and beauty of Northern Cyprus. Nestling next to the crystal clear Mediterranean Sea and local beach coves, the location provides spectacular views of the famous Five Finger Mountain. The impressive pine covered foothills of the Kyrenia mountain range are just a short distance away. The nearby village of Esentepe is one of the many charming Mediterranean villages of Northern Cyprus. This traditional village has many restaurants and is home to an eclectic mix of friendly and welcoming Turkish Cypriots and European settlers who have already realised their dream of the perfect place in the sun. The Village proved to be an extremely popular residential development with more than 400 units all sold out now. However, there is an exciting new opportunity on the same site. They released another 30 units of 1 bedroom apartments. Offering great leveraging prospects, whether you are looking for a holiday getaway right next to the 5 star Golf resort with a high rental potential, or an amazing investment - or indeed both- this is the deal for you! A historical town of Kyrenia, with its great shopping, authentic food and many historical sightseeing, is just 20 minutes drive away. Esentepe region is a great base from which to explore sightseeing, beautiful family-friendly beaches, lovely fish restaurants and so much more. So its an appealing year-round holiday and rental draw for tourists and foreign visitors. Of course, this is not just about a smart investment; this project is located right next door to an outstanding golf destination, Korenium Golf Resort ,an 18-hole Championship Golf Course. Set amid landscaped gardens, this beautiful project consists of modern high-spec 1 bedroom apartments. Each apartment is going to have bright, open-plan design with fully fitted kitchen and bathroom, spacious balcony and ceiling to floor panoramic glass windows. All of these features will make these apartments appealing to potential renters, and will attract holidaymakers to return year after year. 30 apartments 1 bedroom 42m2 internal 12m2 balcony Exchange title deed Payment plan see below The properties come with fitted kitchens and equipped bathrooms To maximise a great site, the apartments have been thoughtfully designed to make the most of the views Each unit has floor-to-ceiling windows to maximise both natural light and the views of the landscaped gardens Apartments have generous balconies to enjoy the outdoors The apartment buildings will be set amongst lawns and beautiful trees, with sufficient parking for owners and guests Whether you intend to keep the apartment for personal use, its rental income, or simply choose to take advantage of the low purchase prices, this is an appealing investment Additional white goods and A/C packages are available if desired as extras Extensive communal facilities: 7 swimming pools /4 children pools 2 tennis courts 1 basketball court Fully equipped gymnasium Outdoor Gym Childrens playground Giant chess board Mini Golf Restaurant and bar Access to 2 natural beach coves Laundry On-site management office Payment Plan Reservation fee £2000 Exchange of contract 35% less deposit Foundation 5% Skeleton 10% Window 10% Possession 40% Reservation fee £2000 Exchange of contract 35% less deposit Foundation 5% Skeleton 10% Window 10% Possession N/A Balance 40% over 3 years @ 7.9 pa For completed apartments: £2000 deposit. 60% on exchange of contract (less reservation fee) 40% on possession. Or balance over 3 years at 7.9 pa. Please be advised that due to government regulations VAT/KDV is to be charged on any interest payments made. Current rate is 5%. Note from the developer: September certainly has been a 'sizzling' month, in more than one way! Despite the very tough conditions in which we are all currently working, with clients having difficulties travelling to North Cyprus and with ever changing restrictions due to Covid 19, we are extremely pleased and grateful, that we continue to see quantified success. With potential clients willing to place deposits on both lower and higher priced properties, with the intention of travelling as soon as possible to confirm their purchases, we remain confident that the market will manage to see a healthy return. In light of this, they have given an extension on their offer, to the payment plan and instead of standard 3 years 7,9% loan we offer 7 years with 4,9% loan or 3 years interest free payments for ready to move in apartments. No confirmed end date as of yet, so please check if still valid. Great rental potential With a long, hot summer and over 300 days of sunshine per year, the season in North Cyprus is long. The high season lasts around 24 weeks over the summer (from May to the end of October) where occupancy rates are very high due to holiday makers and tourists. Furthermore, occupancy over the low season is achieved through letting the properties for longer periods to golfers. Superb location The development is very well situated. An excellent road network means the region is easy to explore. 2 minute drive from Korenium Golf Course 7 minute drive to the nearest Spa complex 7 minute drive to the nearest Aqua Park 3 minute drive to Alagadi Turtle Beach 20 minute drive to historical town of Kyrenia 40 minute drive to Nicosia (capital) 40 minute drive to Ercan airport & 75 minute drive to Larnaca airport Pictures are taken from the show houses.

Ref. 199c