Located in Karşıyaka, Kyrenia, just 400 metres from the coast, this project has been designed for both short- and long-term rentals. An investment opportunity with potential for an 8% net rental yield and entry from just a 50% down payment.
Project Overview 🏗️
Set in the Karşıyaka area, the development comprises a total of 104 one- and two-bedroom apartments. Positioned on a plot offering both mountain and sea views, the project is approximately 25 minutes from Kyrenia city centre.
- 📍 Distance to the beach: 400 metres
- 📐 Plot size: 22 dönüm
- 🌿 Landscaped area: 3000 m²
- 🏠 Apartment types: 1+1 and 2+1
Residence Types 🏘️
1+1 and 2+1 Options
The project offers a range of apartment layouts tailored to different lifestyle and usage needs:
- 🌅 1-bedroom penthouse with roof terrace
- 🌿 2-bedroom garden-floor apartment with private garden
- 🏊♂️ 2-bedroom apartment with private garden + private infinity pool
- 🌄 2-bedroom penthouse with roof terrace
- ♨️ Penthouse with roof terrace, barbecue area and 6-person jacuzzi
Technical Specifications ⚙️
Interior Features
- 🪨 Italian stone kitchen worktop
- ✨ High-gloss soft-touch kitchen cabinets
- 🪟 Aluminium window system with double glazing
- ❄️ VRF central air-conditioning system
- 🔐 IP intercom system
- 🔌 Generator infrastructure
- 🪵 10 mm laminate flooring (optional)
Outdoor Areas and Building Features
- 🌿 Private garden for every ground-floor unit
- 🌅 Private terrace on upper-floor penthouses
- 🏊♂️ Private pool and jacuzzi in selected apartments
Social and Communal Areas 🏖️
On-Site Facilities
- 🏊♂️ 3 outdoor swimming pools
- 🏊♀️ 1 indoor heated pool
- 🎾 Tennis court
- ⛳ Mini golf course
- 🧘♀️ Yoga area
- 🛝 Children’s playground
Service Areas
- 🍽️ Restaurant
- ☕ Barista coffee shop
- 🛒 Mini market
- 🧖♂️ Spa and wellness centre
- ♨️ Sauna and hammam
- 💪 Fitness centre
Additional Services
- 🛡️ 24/7 security
- 🧑💼 Concierge service
- 🚐 Private beach club (shuttle access)
Location Advantage 📍
Karşıyaka is situated to the west of Kyrenia and has seen steady development in recent years, supported by infrastructure investment.
- 🚗 25 minutes to central Kyrenia
- 🏨 10 minutes to 5-star hotels
- 🚶♂️ Long coastal walking routes
- 🏥 Conveniently close to markets, restaurants and healthcare services
📈 Residential property prices in the area have increased by an average of 14% annually over the last 10 years.
Investment and Rental Infrastructure 💼
Rental Management
The project offers a full-service property management solution:
- 📢 Marketing and listing
- 📞 7/24 customer support
- 🔑 Check-in / check-out management
- 🧹 Cleaning and maintenance services
- 📊 Price optimisation
- 📈 Performance reporting
Investment Data
- 💰 Target net rental yield of 8%
- 🔄 Suitable for both short- and long-term rentals
- 🌍 High-demand area driven by tourism and student tenants
👉 Let’s identify the most suitable apartment type and calculate the current price and rental projection clearly before moving forward. Contact us for detailed information and tailored guidance.