Apartment for sale in Esentepe, North Cyprus

North Cyprus, Esentepe Buy
from 149,994 EUR — 201,915 EUR
Apartments 49 m² Studio, 1, 1+1 penthouse

Characteristics

Type Apartments
Square 49 — 96 m²
Rooms Studio, 1, 1+1 penthouse
Furniture Fully furnished
To the sea 400
To the airport 40
To the center 15
Market New Build
Park view Panoramic view Built-in appliances Furnished Balcony/Terrace Swimming pool Gated community Property management Open parking 0% installment plan Garden Playground Near the coast From developer

Description

Branded residence with hotel management by Arkın Group & Dedeman, where residential comfort is combined with a professional hotel operational model. Located in the picturesque Esentepe district, just 400 meters from the Mediterranean Sea.

Advantages of the complex:

  • Guaranteed rental management for 10 years: the management company Arkin & Dedeman provides a 10-year guaranteed rental management program. This means stable passive income for owners without the need for independent tenant search and property management
  • A self-sufficient city within a city with developed infrastructure: within an area of 11,000 m² there is a commercial zone with cafes, shops, coworking space and conference halls. You do not need to leave the territory to handle daily tasks. There is also a Country Club, a 1.4-kilometer boulevard with waterfalls and a 3.5-kilometer bike path
  • Unique location in a prestigious region of Northern Cyprus: the complex is located in one of the most promising and rapidly developing regions of Northern Cyprus, which ensures high potential for long-term property value growth combined with a favorable investment climate
  • Flexible payment terms: interest-free installment payment over 48 months with an initial down payment from 35% is provided. The developer compensates 6.5% of taxes for property registration
  • All apartments are fully furnished and are offered on special starter conditions, which makes entry into the project highly attractive for investors
  • The strength of brands and international hotel service: the project is created in partnership with Dedeman Hotels & Resorts – the largest hotel chain in Turkey with 60 years of experience. This guarantees residents quality of service, infrastructure support and access to the Dedeman Loyal Club loyalty program
  • Arkın rental management: the hotel management company Arkın is responsible for rental, service and operations – the owner does not need to deal with guest search, check-in or maintenance.

How income is divided

• 30% – to the management company (management and service)

• 70% – to owners: 68% goes to the owner, 2% goes to the common fund for repairs and upgrades of the complex, so that the property maintains a high level and rental attractiveness

  • Potential rental income – up to 12% per annum
  • Property capitalization – 20-30%

Included in the price (savings from 10,500 £)

  • Furniture, appliances and décor
  • 6.5% taxes
  • Legal services

Investment advantages

  • Branded project under hotel chain management
  • Fully furnished units
  • Professional management and high occupancy
  • 5★ hotel-level infrastructure
  • Hotel loyalty program privileges

Esentepe – a charming district that attracts tourists and investors. The region is known for its Mediterranean coastline, mountainous landscape, and rich cultural heritage.

In addition to its beautiful coastline, Esentepe is surrounded by majestic mountains and hills, offering impressive views and opportunities for active recreation. Hiking, cycling, and exploring natural trails are popular here. The area also offers developed infrastructure: restaurants, shops, sports clubs, and medical facilities, ensuring a comfortable lifestyle for residents.

  • Airport 45 min.
  • Supermarket 4 min.
  • Hospital 12 min.
  • School 12 min.
  • Kindergarten 20 min.
  • Shopping center 27 min.

An ideal choice for those seeking comfortable seaside accommodation with developed infrastructure and the opportunity to generate stable rental income.

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from 149,994 EUR