Discover Modern Living Between Alsancak and Lapta – Just 5 Minutes from Merit Royal Hotel!
🏡 Located in one of the most sought-after and rapidly developing areas of North Cyprus, this exclusive project sits between Alsancak and Lapta, only a 5-minute drive from the luxury Merit Royal Hotel. Blending the tranquility of nature with proximity to city conveniences, this is the ideal spot for both a smart investment and a comfortable lifestyle.
✨ Project Highlights:
- 🏘️ A boutique concept with only 18 apartments
- 🛏️ All units are 2-bedroom, 75 m² with well-designed interiors
- 🛋️ Modern and aesthetic interior design, spacious living rooms
- 🛁 1 comfortable bathroom per unit
- 🏗️ Spread across 2 floors: ground, middle, and upper floor options
- 🔒 Private site layout with added security and order
🌿 Comfortable, Contemporary, and Surrounded by Nature:
Every detail in this project is crafted with care, combining quality, style, and functionality. The spacious interiors and elegant architecture not only enhance your quality of life but also offer a solid foundation for long-term investment gains.
📍 Strategic Location Benefits:
- 🏖️ Just 5 minutes to Lapta Coastal Walkway
- 🛍️ Markets, restaurants, cafes, and daily needs within 5 minutes
- 🏨 Only 5 minutes to Merit Royal Hotel, one of the island’s most prestigious resorts
- 🏙️ 10 minutes to Kyrenia (Girne) city center
- 🛣️ Easy access to public transportation and major road networks
💰 High Investment Potential – Affordable Entry Point
With increasing demand for new residential projects in the Alsancak–Lapta region, property values are rising steadily. Buying into this project means gaining a property that is ideal for both rental income and capital appreciation.
🎯 Why Choose This Project?
- 100% title deed ownership guaranteed
- Ideal for families, holidaymakers, or buy-to-let investors
- Low maintenance fees and efficient property management
- Dual-purpose: perfect for both living and investment
- Strong long-term rental potential
💷 Price Options
- Ground Floor – £132,250
- First Floor – £143,750
- Second Floor (Top Floor) – £155,250
🏗️ROI Analysis
- Purchase Price: £132,250
- Monthly Rent: £650
- Annual Gross Rental Income: £7,800
- Occupancy Rate (95%) → £7,800 × 0.95 = £7,410
- Tax (13%) → £7,410 × 0.13 = £963
- Net Annual Rental Income: £7,410 – £963 = £6,447
- Annual Capital Appreciation: 8.1%
| Period | Net Rental Income | Capital Appreciation | Total Return | ROI |
|---|---|---|---|---|
| 1 Year | £6,447 | £10,712 | £17,159 | %12.97 |
| 5 Years | £37,820 | £62,970 | £100,790 | %76.21 |
| 10 Years | £93,391 | £155,923 | £249,313 | %188.52 |
