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Long Beach, Famagusta, north of Cyprus

£1,110,000
Busy Bees Estate Agents, Bogaz
PROPERTY TYPE

Apartment

BEDROOMS

2

SIZE

6,372 sq ft

592 sq m

Key features

  • Title Exchange deeds
  • Type of property 2 bed 1 bath
  • Balcony
  • Perfect for buy to let investment

Description

A Rare Chance to Acquire Six Luxury Properties Significantly Below Market Value

An exceptional opportunity for investors to acquire a portfolio of SIX units within Sapphire Blu, one of Northern Cyprus's most prestigious and ambitious luxury resort developments, at a price considerably below current market value.

This is not simply an opportunity to purchase property; it is an opportunity to secure six units within a luxury development at an exceptionally attractive acquisition price.

Sapphire Blu has been designed to set a new benchmark for luxury resort living in Northern Cyprus. Every detail, from the sophisticated interior design and premium finishes to the extensive five-star-style hotel facilities, has been carefully considered to create an outstanding holiday and residential destination.

A WORLD-CLASS RESORT DESTINATION

The development will offer an incredible selection of luxury amenities, designed to attract both holidaymakers and long-term residents, including:

An impressive 4,000m² communal swimming pool, featuring a unique floating-style restaurant.
A luxurious spa and wellness centre, complete with massage rooms and beauty treatments.
Fully equipped indoor and outdoor fitness centres.
An on-site casino.
A spectacular rooftop infinity pool and bar situated on the 27th floor.
A dedicated children's club.
Miniature golf and children's playground.
Outdoor family BBQ and entertainment areas.
Exciting aqua slides and family leisure facilities.
The combination of luxury, entertainment and family-friendly facilities makes Sapphire Blu particularly appealing to the international holiday rental market.

AN UNBEATABLE BEACHFRONT LOCATION

One of the development's greatest advantages is its direct access to Long Beach, widely regarded as one of Northern Cyprus's most desirable coastal destinations.

Stretching approximately 2km, Long Beach offers beautiful golden sands, scenic walking and cycling paths, water sports and a wide range of beachfront leisure activities.

This prime coastal setting, combined with the resort's extensive facilities, creates a highly desirable holiday destination.

THE INVESTMENT ADVANTAGE - SIX UNITS AT BELOW MARKET VALUE

Sapphire Blu is selling out quickly, reflecting the strong demand for the development.

This makes the opportunity to acquire six units together particularly attractive.

Rather than buying individual properties at current development or resale prices, an investor can secure six units in one transaction at a significantly reduced price compared with their stated current market value.

Title Exchange deeds
Type of property 2 bed 1 bath
Balcony
Open plan kitchen / lounge
Themed communal pools
Beach club
Fully equipped wellness and fitness centre
Pet park
Direct access to the casino
Perfect for buy to let investment
On site restaurant / bar
COMPLETION DEC 2028
Supermarket on site
Hotel-style concierge
Direct access to a long stretch of sandy beach
Small luna park within approx. 5 minutes walking distance
Bars and restaurants along the coastline
Direct access to the developer's sister resort with more amenities and facilities
Famagusta historical center within approx. 15 minute drive
Ercan airport within approx. 50 minutes' drive
90 minutes from Larnaca Airport.


SAPPHIRE BLU - EXCLUSIVE SIX-UNIT INVESTMENT OPPORTUNITY

Combined market value: £1,417.500 (INCLUDING VAT)

Exclusive six-unit acquisition price: £1,110,000 (VAT INCLUDED)

Investor saving: £307,500



The potential advantages include:

Acquiring six properties at a substantial discount to market value.
Securing a sizeable property portfolio within a sold-out luxury resort.
Potential for capital appreciation as the development progresses towards completion.
Potential holiday rental income from a sought-after beachfront location.
The flexibility to retain the units as an investment portfolio or consider individual resale opportunities, subject to market conditions.
POTENTIAL HOLIDAY RENTAL RETURNS

Thanks to its exceptional facilities, prestigious positioning and direct beach access, Sapphire Blu is expected to appeal to the higher-end short-term holiday rental market.

Indicative summer rental income is estimated at approximately £100 per night per unit, subject to occupancy, seasonal demand and management and operating costs.

With six units, this presents an opportunity to establish a substantial holiday rental portfolio within one resort, rather than spreading an investment across multiple locations.

Anticipated completion: September 2027.

A RARE OPPORTUNITY FOR THE SERIOUS INVESTOR

The real attraction here is the combination of six units, a sold-out luxury development, a prime coastal location and, most importantly, an acquisition price significantly below market value.

Opportunities to purchase six properties together at such an advantageous entry price are not commonplace.

For an investor looking to secure a substantial property asset, with potential rental income and future capital growth, this is an opportunity that deserves serious consideration.

SIX UNITS. ONE EXCEPTIONAL INVESTMENT. A PRICE SIGNIFICANTLY BELOW MARKET VALUE. REF PW0229



Sport and leisure center:

Indoor and outdoor fitness center
Variety of outdoor swimming pools
Roof top infinity pool
A fully equipped spa
Beachside volleyball
Tennis court
Miniature golf
Cinema
Outdoor sports areas
Sun loungers and pergolas
Outdoor shower
Children's facilities:

Children's swimming pool
Aqua/water park
Children's play area
Dining:

Beach restaurant and bar
Pool restaurant and bar
Rooftop bar and restaurant with infinity communal pool
Beachside bar
Barbecue areas


Extras:

Shuttlebus service
Casino
Disco/night club
Conference Hall
MODERN LANDSCAPE IN HARMONY WITH NATURE



Famagusta Blu offers community spaces and relaxing green spaces carefully designed to provide the perfect blend of social life and personal comfort. Whether you are relaxing by the pool or taking a walk in the greeneries, you will embrace a social life in harmony with nature.



Modern Landscape in Harmony with Nature



WHY NORTHERN CYPRUS?

1: Northern Cyprus

The best place to buy seaside property according to Forbes

Long Beach, Famagusta, north of Cyprus

Approximate location

NEAREST AIRPORTS

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

About Busy Bees Estate Agents, Bogaz

Ataturk Caddesi, No.1 Soner T.Guder Apt. Bogaz Iskele, North Cyprus, Mersin 10 Turkey

Many estate agents engaged in property sales in North Cyprus are based in the Kyrenia region, on the north coast of the island. This is partly because property developers were quick to realise the potential for Mediterranean style villas and apartments in that part of North Cyprus which had been popular with Europeans, in particular the British, for a long time. North Cyprus property sales were boosted by a demand for holiday apartments and villas in North Cyprus where seaside property with sea views was, and still is, a realistic possibility. The estate agents in North Cyprus are able to offer a valuable service to those seeking advice on buying property in North Cyprus but engaging a good local solicitor is always highly recommended when negotiations are under way.

Busy Bees Estate Agents is a fairly young company based on the edge of the Karpaz Peninsula in the picturesque fishing village of Bogaz. This location was chosen because it is on the south facing coast of North Cyprus between the Karpaz Peninsula and the town of Famagusta. This area is seen by many property developers as a prime area for investments in property and some attractive off plan deals can be passed on to our clients. The growing popularity of this wonderful part of the island of Cyprus is reflected in the multi-million pound development at Bafra; plus a planned new marina. Both are likely to enhance the value of any investment in property in this area.

We have staff fluent in Turkish and English who live in the locality and have excellent business relationships with the local professionals such as architects, North Cyprus solicitors, property developers and builders. Busy Bees are pleased to offer advice to those considering buying property in North Cyprus and can obtain answers to many questions through this network of contacts and associates. Advice and help is also available to those interested in land for sale in North Cyprus where buying a plot of land on which to build is quite an attractive option. See our page on “Buy and Build”.

The Karpaz Peninsula is an area protected from over development due to its status as effectively a nature reserve. Some permission has been granted for selective building of property on the Karpaz Peninsular and Busy Bees have the local knowledge and contacts to be in a position to help clients wishing to purchase in this delightful part of the island. We have a large portfolio of North Cyprus villas, bungalows and apartments, including some superb penthouse apartments, to offer our buying clients and we offer a friendly, professional service to our clients wishing to sell. Please visit our North Cyprus Property Centre and use our “information request” form for further information on any of our villas, apartments, penthouses or land for sale in North Cyprus.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Busy Bees Estate Agents, Bogaz (reference pw0229) 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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