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NEW HOME

Karsiyaka, Girne, north of Cyprus

£269,000
Lab Estate, Jurmala
PROPERTY TYPE

Penthouse

BEDROOMS

2

BATHROOMS

1

SIZE

807 sq ft

75 sq m

Key features

  • Luxury two-bedroom penthouse in boutique Mediterranean resort
  • 130.8 sq m total area with 41.3 sq m private roof terrace
  • Two private balconies providing additional outdoor living space
  • Developer-advertised 8% net rental yield, subject to terms
  • Boutique development of just 88 luxury residences
  • Olympic-sized communal pool and heated swimming pool
  • Spa, sauna, hammam, fitness centre and Mediterranean grill restaurant
  • Professional lettings and property management service available
  • Scenic Karsiyaka location, approximately 20 minutes from Kyrenia
  • Developer instalment plan available with 35% deposit, subject to terms

Description

Aura Residence is a boutique luxury residential development in Karsiyaka, on the northern coast of Cyprus, combining contemporary Mediterranean design with scenic mountain surroundings and resort-style facilities.
Comprising just 88 one- and two-bedroom residences, the development offers a peaceful residential environment while remaining conveniently located near beaches, restaurants and the attractions of Kyrenia.
Penthouse B3-4 is a two-bedroom property offering 130.8 sq m of total area, including 75 sq m of internal living space, an 8.7 sq m front balcony, a 5.8 sq m rear balcony and a generous 41.3 sq m private roof terrace.
The property is offered for £269,000.

Penthouse Living with Private Roof Terrace

The property's standout feature is its 41.3 sq m private roof terrace, providing substantial outdoor space for dining, sunbathing, entertaining or simply enjoying the Mediterranean climate.
Together with the front and rear balconies, the penthouse offers 55.8 sq m of private outdoor space, creating an attractive balance between indoor comfort and outdoor living.
The two-bedroom configuration provides flexibility for couples, families and visiting guests, making the property suitable as a holiday home, second residence or rental accommodation.
The developer's specification includes high-quality ceramic finishes, insulated double-glazed aluminium windows, soft-touch kitchen cabinetry, stone kitchen worktops and VRF heating and cooling systems.

Karsiyaka - Mediterranean Coastal Living

Aura Residence is situated in Karsiyaka, west of Kyrenia, a coastal region known for its green mountain landscapes, Mediterranean beaches and relaxed residential atmosphere.
The surrounding area provides access to beach clubs, restaurants, hotels and supermarkets, with many local amenities reachable within approximately 10 minutes by car.
Central Kyrenia is around 20 minutes away, offering a wider selection of waterfront restaurants, shopping, entertainment and historic attractions.
The location combines the tranquillity of a mountainside residential setting with convenient access to the coast and the wider Kyrenia region.

Boutique Resort Facilities

Aura Residence is designed to provide a comprehensive resort lifestyle within a relatively intimate residential community.
Planned facilities include an Olympic-sized communal swimming pool, heated swimming pool, fully equipped gym, spa, sauna, traditional hammam and Mediterranean grill restaurant.
Landscaped communal areas and modern residential infrastructure further contribute to the development's appeal for both permanent residents and holiday guests.
These facilities allow owners to enjoy the privacy of their own apartment while having access to leisure and wellness amenities within the development.

Investment Potential & Property Management

Aura Residence is marketed by the developer as both a Mediterranean lifestyle development and an income-producing property investment.
The developer advertises net rental yields of approximately 8%, supported by a comprehensive lettings and property management service.
The management offering includes property marketing across multiple booking platforms, professional photography, guest check-in, housekeeping, maintenance, key holding, rental-price optimisation and online performance reporting.
According to the developer's management proposal, owners may also use their properties personally, with 30 days' advance notice, subject to the applicable management agreement.
For overseas buyers, this arrangement offers the possibility of combining personal use of a Mediterranean residence with professionally managed rental activity during periods when the apartment is not occupied by the owner.
The advertised 8% net rental yield is not guaranteed. Actual returns will depend on occupancy, rental rates, management fees, operating costs and future market conditions.

Modern Interior & Engineering Specification

The development incorporates contemporary materials and building systems intended to provide comfort, durability and energy efficiency.
Specifications include Grade 1 ceramics, insulated double-glazed aluminium windows, modern kitchen cabinetry, stone kitchen worktops, VRF climate-control systems and IP intercom infrastructure.
Communal backup power infrastructure is also included in the project specification.

Purchase Terms

The developer advertises a flexible instalment payment plan with an initial 35% deposit, subject to the agreed payment schedule and contractual conditions.
Further information on payment options, development availability and purchase arrangements can be provided upon request.

Property Summary

Development: Aura Residence
Location: Karsiyaka, Kyrenia, North Cyprus
Unit: B3-4
Property type: Penthouse Apartment
Bedrooms: 2
Configuration: 2+1
Floor: Penthouse
Internal area: 75 sq m
Front balcony: 8.7 sq m
Rear balcony: 5.8 sq m
Private roof terrace: 41.3 sq m
Total gross area: 130.8 sq m
Price: £269,000
Property management: Available
Developer-advertised net rental yield: 8%

Other Properties Available at Aura Residence

A selection of other apartments is also available within Aura Residence, including one- and two-bedroom garden apartments and penthouses, with different layouts, outdoor areas and views. Selected garden-level properties also feature private swimming pools.
Please contact LabEstate for current availability, alternative units, floor plans, payment conditions and further information on the development.

International Property Search with LabEstate

LabEstate can also assist clients in finding and purchasing property beyond Aura Residence, in North Cyprus or elsewhere worldwide.
Whether you are looking for a holiday home, permanent residence, luxury coastal property or rental investment, we can help identify suitable opportunities based on your preferred country, location, budget, property type, size, lifestyle requirements and investment objectives.
Our approach is tailored to each buyer, providing assistance with property selection, communication with developers and coordination of the acquisition process, including support from appropriate local legal and property professionals.

Contact LabEstate to explore this penthouse, enquire about other available properties or discuss a personalised international property search.

Karsiyaka, Girne, north of Cyprus

Approximate location

NEAREST AIRPORTS

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

About Lab Estate, Jurmala

Bebru4 Lab Estate Jurmala Latvia LV-2010

At LabEstate, we help in reaching the ambition of your dreams, such as making your property investments come true.

Originated from the early months of 2022, LabEstate is a company that combines the experiences of property market facts and the experts in real estate.

Initially, we were dedicated only to the local area, but we attracted variety in our assortment of property items including apartments, commercial units, developing pieces of land, and income-giving productions.

The intelligence we have gained in the industry is what allows us to single-handedly find the most assured originality of real estate that meets our client’s requirements.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Lab Estate, Jurmala (reference 21_ABA-TUR-NOR-PNTH_2BD_B3-4) 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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