102 M2 TERRACE AND OPPOSITE THE SEA ON A SUPURB ALL STAR COMPLEX, Famagusta, Northern Cyprus

This stunning new complex is located along one of the vast growing coastlines, where there are miles of golden sand and you can find plenty of shops, cafes, and restaurants so as you can see, this is an absolutely perfect area to invest in.   The complex has so much to offer, including large communal swimming pools, a fully fitted gym, a sauna, golfing area, a restaurant, and bar and there are plenty of activities to keep the children happy, which includes a water park, and indoor and outdoor play areas.  The penthouses are of superb quality throughout and consists of a huge 102m2 terrace! This really is going to make you the envy of all your friends!

 Reference No: HP1995-P

Services and Activities:

• Large swimming Pool
• Kiddies swimming pool
• Aqua slides
• Fantastic restaurant & Bar
• Plenty of parking spaces

• Outdoor Sports area
• Fully fitted gym/fitness Center
• Golf Center

• Outdoor and Indoor Kids play areas, including a great pirate ship!
• Barbecue area
• Spa room

Payment plan options:

30% down payment

30% until completion 2023

Balance within 24 monthly interest free instalments

Extra Cost:

0.5% Stamp duty

3% for the transfer of the deeds

5% VAT

Lawyers Fee: £1400

Infrastructure: £2000

Maintenance fee defers between: £300-350 Per Year

Water and electricity connections approx. 2000 Turkish Lira

Rental potential:

Short term rental

Peak season 25 weeks through the year = approximately £500 per week

Low season = approximately £400 per week

Long term rental: £400 per month

The Area                                                                                  

Over the course of the last few years the Iskele coastline area as undergone a dramatic transformation. The development of the area around this wonderful sandy beach includes, outside gym, children’s play area a grassy picnic and leisure area all set along several kilometers of beach front promenade and cycle way. On the beach sits a wonderful petite café and an open air amphitheater. With many new bars, restaurants, shops and hotels; including the first 7* hotel in the country to be completed within the next couple of years makes this area the perfect place to purchase area for investment.

Iskele

The town of Iskele, also known as Yeni Iskele, is located on the south east coastal area of Northern Cyprus and on the main road which heads towards the Karpaz Peninsula area.  It is close to the harbor town of Bogaz, which is a very pretty old fishing village that still retains some of its authenticity whilst also being able to accommodate tourism. In the center of Iskele you will find a small Dominican chapel called Ayios Iakovos, which was originally built around the 15th century and on the outskirts of Iskele the church of Panayia Theotokos, a 12th century domed building which has been restored in recent years and reopened to the public as an Icon Museum. 

Important Attractions: Sights & Sounds

• The regional festivals such as the Iskele International Folk Dance Festival, held annually in June.
• The best folk dance group title; and also the Iskele Festival which is held yearly in June/July time, and which hosts competitions, displays and plenty of outdoor cooking!
• The Karpaz peninsula: A stretch of beautiful land filled with the most stunning beaches in North Cyprus as well as home to some of the islands traditional donkeys.
• Karpaz Gate Marina with berthing for 350 yachts and all the facilities that the yachting fraternity requires.
• The local weekly market selling fresh local produce and household items.
• Bogaz: a small traditional fishing village with a picturesque tiny harbour
• Famagusta: a fascinating medieval walled city with oodles of charm and lots to explore including the Cathedral of St Nicolas, numerous houses, St. George of the Greeks church with its frescoes and the remains of the fortified citadel
• The ancient walled city of Famagusta is much as it was over five hundred years
• The Ruins of Salamis
• The 750 bed Kaya Artemis hotel and Noah’s Ark Hotel, both are impressive and only 15 minutes from the Bogaz area.
• The Monastery of Saint Barnabas

Local Amenities & Attractions: Travelling Times

• Everything you could possibly need within walking distance or on site!
• Within 15 minute walking distance / 2 minute drive to a beautiful 2km stretch of sandy beach
• More bars, restaurants and supermarkets around the area
• Within 15 minutes’ drive to the closest university and main hospital

15 minutes’ drive to Famagusta city centre and its historical Old Town

• Many touristic features within 5-10 minute drive

• 40 minutes’ drive from Ercan Airport
• 90 minutes’ drive from Larnaca Airport