Ozankoy, Girne, north of Cyprus
£580,000
- PROPERTY TYPE
Villa
- BEDROOMS
4
- BATHROOMS
3
- SIZE
3,229 sq ft
300 sq m
Key features
- Spacious 4 Bedroom Detached Villa in Ozanköy
- Large 2,165 m² Corner Plot with Development Potential
- 300 m² Internal Living Space
- Private Swimming Pool & Landscaped Gardens
- Master Bedroom with En-Suite & Terrace Access
- Separate Kitchen with Pantry & Formal Living Areas
- Walking Distance to Cratos Hotel, Beaches & Amenities
- 10 Minutes to Kyrenia City Centre
- Solar Water Heating & Air Conditioning Throughout
- Freehold Title (Esde er Koçan) - Secure Ownership
Description
Kyrenia has emerged in recent years as a balanced alternative market in the Mediterranean for European investors. Limited land supply, rising international demand and a controlled development model are among the key factors supporting long-term property values in the area.
Within this context, Ozanköy is regarded as one of the most stable residential areas in the region thanks to its proximity to central Kyrenia, its established character and its multinational community. Compared with similar coastal locations in Southern Europe, its more accessible price point combined with a comparable quality of life makes Ozanköy a compelling option for well-informed investors.
Property Features & Development Potential
This villa is positioned on a 2,165 m² corner plot, offering a notable proposition both in terms of current living quality and future development potential.
300 m² internal living space
3 spacious bedrooms
Ground-floor study / optional 4th bedroom
Separate large kitchen and pantry area
Formal lounge with fireplace and dining area
High ceilings and generously proportioned interiors
The size of the plot and the presence of two separate access points create scope for additional development. This makes the property not only a residence, but also an investment asset with development upside.
Architecture & Interior Quality
The villa offers functional living enriched with classic details:
Floor-to-ceiling fitted wardrobes
Marble flooring throughout the living areas
Staircases with wrought-iron detailing
Wooden shutters and decorative ceiling features
Double glazing and air-conditioning infrastructure
Thanks to its large windows and terraces, both sea and mountain views are naturally integrated into the living spaces.
Outdoor Space & Lifestyle Use
The exterior has been planned to support the Mediterranean lifestyle:
Private swimming pool
Large landscaped garden with tropical plants and fruit trees
Outdoor living area with barbecue and traditional kleftico oven
Extensive parking area
Solar energy system for hot water
This layout offers balanced use for both day-to-day living and entertaining guests.
Location Advantage & Daily Convenience
One of Ozanköy's key advantages is that it offers a lifestyle close to the city, yet independent from it.
Walking distance to Cratos Hotel & Casino
Close to restaurants, shopping points and beaches
Access to the English School of Kyrenia (ESK) and Final University
Approximately 10 minutes to Kyrenia city centre
This location places the property in an area with sustainable demand for both owner-occupation and rental use.
Investment Advantages & Return Outlook
Detached villas on large plots represent a limited segment in the Kyrenia market. This provides a meaningful advantage in terms of long-term capital preservation and value growth.
Short-term rental:
Strong demand driven by proximity to the casino, beaches and city centre
Long-term rental:
More stable income potential, suitable for families and established foreign residents
In comparable properties, investors typically target:
5-8% gross rental yield
12-16-year payback period
Sterling-denominated rental income is also an important factor for European investors seeking currency diversification and financial balance.
International Demand & Regional Strength
With its marina lifestyle, golf facilities and coastline, Kyrenia represents the strongest international market in Northern Cyprus. Ozanköy, in turn, offers a quieter, more established and more secure alternative within this framework.
Its multinational population and strong sense of community make the area particularly attractive to investors planning long-term living or retirement.
Lifestyle & Retirement Perspective
This villa is not simply a property, but a balanced living model:
Sunny Mediterranean climate throughout the year
Secure and established surroundings
Close to social life, restaurants and entertainment
Access to golf, marina and coastal activities
It creates a lifestyle scenario that offers low-stress living and a high quality of life. At the same time, the flexibility to generate income while using the property for holidays is a meaningful advantage for investors.
Legal Status & Secure Process
Freehold title deed (exchange title)
Clear ownership structure
Secure and predictable purchase process
Legal transparency is one of the most critical factors in the decision-making process for European investors, and this property meets that requirement.
Professional Support & End-to-End Service
Comprehensive support is available to ensure the sustainability of the investment:
Property management
Rental management
Tenant sourcing and contract processes
Legal advisory
Renovation and value-enhancement solutions
The objective is to ensure that investors can manage their property in Northern Cyprus remotely, securely and efficiently.
This villa presents a strong option in Ozanköy for investors seeking long-term value and balanced Mediterranean living, combining the advantages of a large plot, central location and development potential.
Within this context, Ozanköy is regarded as one of the most stable residential areas in the region thanks to its proximity to central Kyrenia, its established character and its multinational community. Compared with similar coastal locations in Southern Europe, its more accessible price point combined with a comparable quality of life makes Ozanköy a compelling option for well-informed investors.
Property Features & Development Potential
This villa is positioned on a 2,165 m² corner plot, offering a notable proposition both in terms of current living quality and future development potential.
300 m² internal living space
3 spacious bedrooms
Ground-floor study / optional 4th bedroom
Separate large kitchen and pantry area
Formal lounge with fireplace and dining area
High ceilings and generously proportioned interiors
The size of the plot and the presence of two separate access points create scope for additional development. This makes the property not only a residence, but also an investment asset with development upside.
Architecture & Interior Quality
The villa offers functional living enriched with classic details:
Floor-to-ceiling fitted wardrobes
Marble flooring throughout the living areas
Staircases with wrought-iron detailing
Wooden shutters and decorative ceiling features
Double glazing and air-conditioning infrastructure
Thanks to its large windows and terraces, both sea and mountain views are naturally integrated into the living spaces.
Outdoor Space & Lifestyle Use
The exterior has been planned to support the Mediterranean lifestyle:
Private swimming pool
Large landscaped garden with tropical plants and fruit trees
Outdoor living area with barbecue and traditional kleftico oven
Extensive parking area
Solar energy system for hot water
This layout offers balanced use for both day-to-day living and entertaining guests.
Location Advantage & Daily Convenience
One of Ozanköy's key advantages is that it offers a lifestyle close to the city, yet independent from it.
Walking distance to Cratos Hotel & Casino
Close to restaurants, shopping points and beaches
Access to the English School of Kyrenia (ESK) and Final University
Approximately 10 minutes to Kyrenia city centre
This location places the property in an area with sustainable demand for both owner-occupation and rental use.
Investment Advantages & Return Outlook
Detached villas on large plots represent a limited segment in the Kyrenia market. This provides a meaningful advantage in terms of long-term capital preservation and value growth.
Short-term rental:
Strong demand driven by proximity to the casino, beaches and city centre
Long-term rental:
More stable income potential, suitable for families and established foreign residents
In comparable properties, investors typically target:
5-8% gross rental yield
12-16-year payback period
Sterling-denominated rental income is also an important factor for European investors seeking currency diversification and financial balance.
International Demand & Regional Strength
With its marina lifestyle, golf facilities and coastline, Kyrenia represents the strongest international market in Northern Cyprus. Ozanköy, in turn, offers a quieter, more established and more secure alternative within this framework.
Its multinational population and strong sense of community make the area particularly attractive to investors planning long-term living or retirement.
Lifestyle & Retirement Perspective
This villa is not simply a property, but a balanced living model:
Sunny Mediterranean climate throughout the year
Secure and established surroundings
Close to social life, restaurants and entertainment
Access to golf, marina and coastal activities
It creates a lifestyle scenario that offers low-stress living and a high quality of life. At the same time, the flexibility to generate income while using the property for holidays is a meaningful advantage for investors.
Legal Status & Secure Process
Freehold title deed (exchange title)
Clear ownership structure
Secure and predictable purchase process
Legal transparency is one of the most critical factors in the decision-making process for European investors, and this property meets that requirement.
Professional Support & End-to-End Service
Comprehensive support is available to ensure the sustainability of the investment:
Property management
Rental management
Tenant sourcing and contract processes
Legal advisory
Renovation and value-enhancement solutions
The objective is to ensure that investors can manage their property in Northern Cyprus remotely, securely and efficiently.
This villa presents a strong option in Ozanköy for investors seeking long-term value and balanced Mediterranean living, combining the advantages of a large plot, central location and development potential.
Ozankoy, Girne, north of Cyprus
NEAREST AIRPORTS
Distances are straight line measurements- Ercan(Local)14.3 miles
Notes
These notes are private, only you can see them.
This is a property advertisement provided and maintained by Olivo Homes, Kyrenia (reference OZ015) 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.