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Karaoglanoglu, Girne, north of Cyprus

£500,000
Ian Smith Estate Agency, Mersin 10
PROPERTY TYPE

Block of Apartments

BEDROOMS

2

BATHROOMS

1

SIZE

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Key features

  • Well-maintained Apartment Block
  • Block consists of 4 apartments each with:
  • 2 bedrooms / 1 bathroom / lounge / kitchen / 2 balconies
  • Mature olive trees in the surrounding gardens
  • Off Road Parking on site
  • Offers a stable long0term rental income
  • Many local amenities at walking distance
  • Title Deed in owners name with VAT paid

Description

Fantastic investment opportunity!!
We are delighted to present this well-maintained apartment block in the sought-after area of Karaoglanoglu.
The block consists of four apartments, each with 2 bedrooms, 1 bathroom, lounge, kitchen and two balconies and is set on 700 sqm of land with mature olive trees in the surrounding gardens and off-road parking on site.
The property was built approximately 5 years ago, is in excellent condition and is in a highly demanded area of Kyrenia, offering a stable long term rental income with many local amenities, restaurants, schools and beaches at walking distance.
Title deed in owners name with VAT paid.


Main Building
The 5 year old building consists of a total of 4 apartments, two on the ground floor and two on the first floor.

Lounge
Single aspect lounge of first floor apartment.

Kitchen
Dual aspect kitchen of first floor apartment.

Balcony
Balcony off the kitchen of first floor apartment.

Bedroom One
Dual aspect Master bedroom of first floor apartment.

Bedroom Two
Single aspect second bedroom of first floor apartment.

Bathroom
Single aspect bathroom of first floor apartment.

Garden
Garden surrounding the apartment block with many mature olive trees.

Views
The apartments offer mountain views.

Additional Information
All four apartments are currently rented out and provide a stable rental income.
Many local facilities are at walking distance like restaurants, schools (GAU) and beaches.
The block is very well maintained and only 5 years old.
Another floor could be added on to the block to increase to 6 apartments.


These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves.

Karaoglanoglu, Girne, north of Cyprus

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Ercan(Local)
    17.2 miles

About Ian Smith Estate Agency, Mersin 10

PO Box 482, Girne, Mersin 10, N.Cyprus.

Ian Smith Estate Agency is a family run business and have been involved in real estate and property development in Northern Cyprus since early 1985. We are unquestionably the most experienced British company in the land and property business in Northern Cyprus today.

When you visit Northern Cyprus we invite you to pop into our new offices and browse through our huge portfolio of villas, restoration properties, apartments, or land over a cold drink or coffee, followed by accompanied property visits on request.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Ian Smith Estate Agency, Mersin 10 (reference KG184) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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