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Kyrenia/Girne, Kyrenia, north of Cyprus

£549,000
Luxury in the Sun, Esentepe
PROPERTY TYPE

House

BEDROOMS

4

BATHROOMS

3

SIZE

3,229-19,773 sq ft

300-1,837 sq m

Key features

  • Air Conditioning
  • Parking on plot
  • Balcony
  • 2 Stories
  • Private Swimming Pool
  • Built-in wardrobes
  • Fire Place
  • Mountain View
  • Close to Town
  • BBQ Area

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, Ozanky 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 Ozanky a compelling option for well-informed investors.Property Features amp; Development PotentialThis villa is positioned on a 1837m corner plot, offering a notable proposition both in terms of current living quality and future development potential. 300 m 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 interiorsThe 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 amp; Interior QualityThe 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 infrastructureThanks to its large windows and terraces, both sea and mountain views are naturally integrated into the living spaces.Outdoor Space amp; Lifestyle UseThe 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 waterThis layout offers balanced use for both day-to-day living and entertaining guests.Location Advantage amp; Daily ConvenienceOne of Ozankys key advantages is that it offers a lifestyle close to the city, yet independent from it. Walking distance to Cratos Hotel amp; 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 centreThis location places the property in an area with sustainable demand for both owner-occupation and rental use.Investment Advantages amp; Return OutlookDetached 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: 58% gross rental yield 1216-year payback periodSterling-denominated rental income is also an important factor for European investors seeking currency diversification and financial balance.International Demand amp; Regional StrengthWith its marina lifestyle, golf facilities and coastline, Kyrenia represents the strongest international market in Northern Cyprus. Ozanky, 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 amp; Retirement PerspectiveThis 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 activitiesIt 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 amp; Secure Process Freehold title deed (exchange title) Clear ownership structure Secure and predictable purchase processLegal transparency is one of the most critical factors in the decision-making process for European investors, and this property meets that requirement.Professional Support amp; End-to-End ServiceComprehensive 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 solutionsThe objective is to ensure that investors can manage their property in Northern Cyprus remotely, securely and efficiently.This villa presents a strong option in Ozanky for investors seeking long-term value and balanced Mediterranean living, combining the advantages of a large plot, central location and development potential..Balcony, Mountain View, Fire Place, 2 Stories, Close to Town, Air Conditioning, Private Swimming Pool, Built-in wardrobes, BBQ Area, Parking on plot, Terrace, Garden,

Kyrenia/Girne, Kyrenia, north of Cyprus

Approximate location

NEAREST AIRPORTS

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

About Luxury in the Sun, Esentepe

Unit C1-3, Pine Valley, Esentepe, Northern Cyprus

As property owners in North Cyprus and Spain with links to UK and Norway Janicke and I offer sound professional advise with a personal touch in conjunction with the carefully selected developers and property professionals in Spain and North Cyprus, countries close to our hearts.

After over a decade of owning a property in Northern Cyprus we have in the last two years worked as property agents for Spain & North Cyprus in UK & Norway gaining valuable experience and linking with property professionals. We have selected hundreds of the finest properties available for sale in North Cyprus & Spain. Our focus is to help others with a dream of owning a second home for investment, retirement or holidays and ensuring that their purchasing experience is as safe and as pleasant as our own.

As we are based in the UK & Norway we are able to discuss with you at your convenience prior to any visit to Spain & North Cyprus, and explore with you your ideas about the potential of visiting and buying a property.

We pride ourselves in being approachable and responsive without being intrusive and we have helped many buyers find and complete a dream purchase in a year-round sunshine destination.

We have a full team of professionals based in our Spain & North Cyprus locations and together with our colleagues we can assist all your needs in these countries from organising a free inspection trip to guiding you prior to your visit in reaching a short list of suitable, well-built and great quality properties. We prepare a relaxed and informative inspection trip with a full tour of potential properties from traditional to modern sea or mountainside, villas or apartments in locations that are suitable for your needs.

We take time to answer all your concerns and questions and provide detailed knowledge on all matters from legal to valuation. We have a fantastic selection of available property and our websites are updated daily with new gems for you to consider.

We invite you to explore Spain or North Cyprus in a professional and enjoyable manner with our specially selected real estate colleagues.

We always seek quality and pride in what we do and we adopt the same philosophy with our consultancy and agency business in the Spain & North Cyprus

Notes

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This is a property advertisement provided and maintained by Luxury in the Sun, Esentepe (reference 6593) 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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