Investment in Cyprus, specifically in Girne (also known as Kyrenia), for investment can be an attractive opportunity for investors. Cyprus, the third largest island in the Mediterranean, offers a favorable environment for real estate investment due to its strategic location, robust economic growth, attractive tax benefits, and a buoyant housing market. Girne, located in Northern Cyprus, has its unique appeal, scenic beauty, and historical significance.
Cyprus is experiencing noticeable market growth in its real estate sector. New real estate projects are being developed, and the island has been a preferred destination for many investors. The country's GDP expanded by 2% in the first quarter of 2021, with a projected growth rate of around 4.3% for the year, indicating a healthy economic environment for investment.
The housing market in Cyprus, including Girne, has shown resilience and growth. The nationwide residential property price index in Cyprus rose by 3.2% in the year leading up to Q1 2022. District-wise, Girne witnessed a rise in apartment prices by 6.9% and house prices by 2.1% during the same period.
And this project gives a guarantee of renting for you also really near to the beach of Cyprus. In the morning time, the sun comes from your window directly and makes you, while you drinking your favorite drinks can swim in the stunning pool
Each apartment in this residential complex will have its own parking space. An important feature of the facility will be round-the-clock security and video surveillance, cleaning service, restaurant service with a chef and waiters, technical support service. Our construction company will be the management company for 10 years.
Apartments will be sold in British Pound Sterling. We guarantee an increase in the cost of apartments after the completion of construction by at least 15%.
LOCATION INFORMATION
The project is located 30 km from the center of Girne, 20 km from a large supermarket, 10 km from golf courses, 30 km from Ercan Airport, in the heart of the Turkish Republic of Northern Cyprus.
STAGE 1
6 BLOCKS – 46 APARTMENTS – 23 1+1 APARTMENTS – 23 2+1 PENTHOUSE APARTMENTS
• In 1+1 apartments;
Total area 60 m2, living area 52 m2, (balcony, 1 bedroom, 1 living room, 1 bathroom and toilet, as well as an additional 60 m2 of usable private terrace.
• In penthouses 2+1;
Total area 90 m2, living area 80 m2 including balcony, 1 bathroom-toilet, 1 bedroom and 1 living room on the first floor, 1 bedroom and 1 bathroom on the second floor.
*All items including the jacuzzi in the photo of the penthouse in apartments 1+1 are not included in the price, there is also a price list for additional items along with the jacuzzi, they are sold only upon signing the first contract and are included in the contract.
Infrastructure of the complex:
A large landscape design area of the project will be occupied by an infinity pool and 6 separate jacuzzis. The total area of the aqua zone will be 810 m2, an important role will be played by bars and restaurants open all year round (pool bar in the area below the water level, restaurant, sun loungers, palm trees). The common infrastructure zone will be allocated to a separate building with a total area of 250 m2 on a land plot of 125 m2 and will be a two-story building.
On the first floor of the building there will be a sports hall, a cinema hall, on the second floor there will be a large recreation area and a lobby bar. There will also be a playground for children, a tennis court with an area of 250 m2.