Apartment in a new building NCP-165 Magnolia Residence is a coastal community in Iskele, Northern Cyprus

About the Project:

Magnolia Residence is a coastal community in Iskele, Northern Cyprus, just 900 meters from the sea. Featuring modern apartments and villas with resort-style amenities, it’s developed by Panah Construction and built with energy-efficient materials, offering quality living for families and investors.

Key Points:

• Just 900 meters from the beach

• Mixed-use project: apartments and villas

• Developed by Panah Construction with 5-year building guarantee

• Premium infrastructure with energy-saving bricks and full amenities

Available Apartment Types:

Magnolia offers a variety of property types to suit every lifestyle, from cozy studios to spacious villas.

• 3 bedroom Villas

• 4 bedroom Villas

Location Highlights:

Strategically located in Yeni Boğaziçi with fast access to essential services, schools, and beaches.

• 900 m to the Sea

• 450 m to Aventus Residence

• 1 km to Merit Hotel & Casino

• 1.3 km to Hospital

• 1.2 km to School

• 700 m to Main Road & Butchery

• 300 m to Bank

• 500 m to Police Station

• 1.7 km to Iskele Municipality
   

Facilities:

Magnolia Residence offers resort-style amenities and thoughtful infrastructure to support a modern, relaxed lifestyle.

• Minimarket and cafeteria

• Gym and large 55×10 m swimming pool

• Kid’s pool with slides and children’s playground

• Electric car charging station

• 24/7 gated security with CCTV

• Park zone with walking trails

• Shuttle service to the beach

Payment Options:

£5,000 deposit, 35% down payment within one month, 45% in installments until key handover, and 20% one year after handover.

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