Stunning Property for Sale in Kyrenia, North Cyprus: Features, Price, and More

Step into luxury living with this stunning property for sale in Kyrenia, North Cyprus, boasting a range of impressive features and an attractive price point.

Are you looking for a luxurious property in Kyrenia, North Cyprus? Look no further! This off-plan project offers an exceptional opportunity to invest in a fully-facilitated complex with a stunning sea view, flexible payment options, and great potential for rental income. Here, we delve into the features, price, and more about this amazing property.

1. Off-Plan Project with Free Interest Installments: Advantages of Pre-Launch Properties

• Investing in this off-plan project comes with significant financial benefits, including free interest installments and lower prices compared to completed properties. There are several reasons why pre-launch properties tend to be more affordable and offer attractive financial incentives:
• Lower Initial Prices: Developers often offer lower prices during the pre-launch phase to attract early investors and secure funding for the project. This means that investors can secure their dream home at a significantly lower price than they would pay for a completed property in the same location.

• Flexible Payment Plans: With a 30% down payment, investors can spread the remaining cost of the property over two years, taking advantage of free interest installments. This makes it more affordable and manageable for property buyers, especially those who might not have the full amount readily available.

• Customization Opportunities: Investing in an off-plan project allows buyers to customize their property according to their preferences. This could include selecting finishes, materials, and layout, ensuring that the final result is tailored to their specific needs and tastes.

• Capital Appreciation: As each phase of construction progresses, the property's value increases by 30%. This ensures that investors see steady capital appreciation as the project advances, providing an excellent return on investment even before the property is completed.

• Market Growth: Investing in an off-plan project in a rapidly developing region like North Cyprus allows investors to benefit from market growth and increasing property prices. As demand for real estate in the area continues to rise, the value of off-plan investments is likely to grow at an even faster rate.

2. Increasing Value during Construction

As each phase of construction progresses, the property's value increases by 30%. This ensures that your investment grows as the project advances, giving you peace of mind and the potential for significant capital gains.

3. Rental Department: 17% Investment Turnover Yearly by Renting

• The complex's dedicated rental department is a standout feature that offers investors a lucrative income opportunity. With a projected 17% investment turnover yearly by renting out your property, this development caters to a growing demand for high-quality rental accommodations in Kyrenia.

• The rental department will manage all aspects of renting out your property, including marketing, tenant screening, and maintenance, ensuring a hassle-free experience for property owners. Moreover, the close proximity to universities, schools, and the beach makes the apartments highly desirable for various target markets, such as students, faculty members, families, and tourists.

• The potential for strong rental demand, combined with the professional management services provided by the rental department, ensures a steady stream of income for property owners. This not only makes the investment more appealing but also allows owners to generate returns on their vacation home when they are not using it themselves.

• In addition to the impressive rental income potential, the property's value is expected to appreciate over time due to the rising demand for real estate in North Cyprus. This combination of rental income and capital appreciation makes this off-plan project a highly attractive investment opportunity.

4. World-Class Facilities

The fully-facilitated complex is designed to provide residents with a luxurious and comfortable lifestyle. The impressive list of amenities includes:

1. Swimming pool
2. Gym
3. Bar
4. Game center
5. Night club
6. Parking
7. Café
8. Library
9. Sauna
10. Lobby
11. Spa center
12. Basketball and volleyball court
13. Kindergarten
14. Medical center
15. Beauty center

1. Kyrenia: A Vibrant Coastal City in North Cyprus

• Kyrenia is a picturesque coastal city in North Cyprus, known for its charming harbor, historic sites, and vibrant atmosphere. The city's rich history dates back more than 2,000 years, and its well-preserved ancient sites, such as Kyrenia Castle and Bellapais Abbey, make it a popular destination for history enthusiasts. The harbor area is teeming with restaurants, shops, and entertainment venues, providing an exciting atmosphere for both tourists and locals to enjoy.

• In addition to its historic charm, Kyrenia also boasts beautiful sandy beaches and crystal-clear waters. The city's coastal location makes it a haven for water sports enthusiasts and beach lovers alike, offering a variety of activities such as sailing, scuba diving, and snorkeling.

• Kyrenia's central location in North Cyprus provides easy access to other cities and important places in the region, such as Nicosia, Famagusta, and Ercan International Airport. The city is well-connected by road networks and public transportation, making it convenient for residents to explore the rest of the island.

5. Rising Property Prices in North Cyprus

In recent years, property prices in North Cyprus have been on the rise, driven by factors such as increased foreign investment, a growing economy, and a booming tourism industry. As demand for property in the region continues to grow, investors can expect to see a steady appreciation in the value of their real estate assets.

6. Cost of Living Comparison: North Cyprus vs. Cyprus

• When considering a move or investment in Cyprus, it's essential to compare the cost of living between the northern, Turkish Cypriot part of the island and the southern, Greek Cypriot part. In general, North Cyprus offers a more affordable lifestyle without sacrificing the beauty, amenities, and charm of the Mediterranean region.

• Housing: Property prices and rental rates in North Cyprus tend to be lower compared to those in the southern part of the island. This makes it more accessible for investors and individuals seeking to purchase or rent property in a beautiful Mediterranean destination.

• Groceries and Dining: The cost of groceries and dining out is generally lower in North Cyprus. Local markets and supermarkets offer a variety of fresh and affordable produce, while an array of restaurants cater to different tastes and budgets.

• Utilities and Transportation: Utility costs, such as electricity, water, and gas, are typically lower in North Cyprus. Additionally, public transportation and fuel prices are more affordable compared to the southern part of the island, making it easier for residents to commute and explore the region.

• Healthcare and Education: Healthcare and education costs in North Cyprus are also generally lower than in the southern region. The area is home to several well-regarded universities, which offer quality education at a more affordable rate. Healthcare facilities are modern and accessible, with lower costs for medical treatments and consultations compared to the south.

• Overall, the cost of living in North Cyprus is more affordable than in the southern part of the island. This attractive pricing, combined with its rich history, stunning landscapes, and friendly atmosphere, makes North Cyprus an ideal location for property investment and relocation.

In Conclusion

The stunning property for sale in Kyrenia, North Cyprus offers a wealth of features and benefits for prospective buyers. With an extensive list of world-class facilities, prime location, flexible payment options, impressive rental income potential, and various advantages associated with off-plan investments, this project is an opportunity not to be missed. Some key benefits of choosing this property include:

1. Luxurious sea view apartments, ensuring a high quality of living and breathtaking views.
2. Close proximity to universities, schools, and the beach, making it an attractive option for various target markets.
3. Strong potential for capital appreciation and rental income, providing a great return on investment.
4. A dedicated rental department that manages all aspects of renting out your property for a hassle-free experience.
5. A wide range of amenities, such as a swimming pool, gym, spa, and sports facilities, providing a luxurious and comfortable lifestyle for residents.
6. Don't miss your chance to secure a luxurious sea view apartment in North Cyprus – act now to enjoy the best prices and maximize your investment returns in this rapidly developing region.

To learn more about this exceptional property and to start the process of securing your dream home in Kyrenia, North Cyprus, please contact us via +905387247679 or info@antalyaestate.net. Our team of knowledgeable and experienced professionals will be happy to assist you and answer any questions you may have about this exciting investment opportunity.