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Studio Apartment, Bafra, Iskele, North Cyprus

165,000 GBP
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Investment Project in Bafra, Iskele, North Cyprus

Project Summary:

  • Project Concept: Luxury Resort and Apartment Concept
  • Location: Bafra Tourism District, Iskele, Northern Cyprus
  • Description: Luxury residential project with hotel concept featuring 9 Building Blocks, eco-friendly studio and 2 bedroom apartments with both sea and panoramic mountain views.
  • Rate of Returns On the Project: Good Estimated ROI of average value per annum

Project Unit Starting Prices:

  • Studio Units: £165,000 GBP

    • Total Number of Units: 400
    • Size: 34m²
  • 2 Bedroom Units: £261,000 GBP

    • Total Number of Units: 62
    • Size: 60m²

Payment Plans:

  • €5,000 deposit (1-month reserve)
  • 40% down payment within 1 month
  • 48 months interest-free installment plan

Project Details:

  • Scope: Development of 462 eco-friendly hotel concept Apartments. 400 studios and 62 two-bedroom units.
  • Location Proximity Features: This project offers a peaceful retreat with proximity to key amenities. The strategic location ensures accessibility to major cities, beaches, and local attractions.
    • Ercan Int. Airp. – 40 mins
    • Nicosia – 60 mins
    • Kyrenia – 50 mins
    • Karpaz – 60 mins
    • Salamis Ancient City – 35 mins
    • Near East Hospital – 35 mins
    • Near East College – 35 mins
    • Gazimagusa – 40 mins
    • Long Beach – 30 mins
    • Forest – 1 min
    • Sand Beach – 1 min

Project Plan & Phases: All phases of this project is expected to be ready in 2027

Management:

  • Team: Project Manager, Construction Manager, Sales and Marketing Lead.
  • Strategy: Streamlined project management for on-time completion.

Legal & Compliance:

  • Compliance: Strict adherence to local development regulations.
  • Risk Management: Comprehensive insurance coverage against delays and market fluctuations.

Rental Guarantee: This project offers incredible Rental Service

  • Market Analysis: In-depth analysis of rental demand in the project.
  • Strategy: Offer a rental guarantee to investors, ensuring a steady income post-completion.
  • Returns: Anticipated rental income with competitive profit margins.
      • Owners enjoy a guaranteed return on income for a period of 7 years as specified in the sales contract.
      • During this 7-year guarantee, owners are entitled to 15 days of free accommodation annually.
      • The free accommodation includes complimentary access to social activities and meals, covering breakfast, lunch, and dinner.
  • Marketing: Strategic marketing plans to attract tenants, ensuring high occupancy rates.

Environmental & Social Impact:

  • Sustainability: Utilization of eco-friendly materials and energy-efficient designs.

Features and Facilities:

  • 24/7 Security Service: Ensuring constant surveillance for resident safety.
  • Gym: State-of-the-art fitness facilities for an active lifestyle.
  • 24/7 Hot Water: Continuous hot water for daily living comfort.
  • Fitness & Zumba Classes: Community fitness classes for engagement.
  • General Heating System: Centralized heating for year-round comfort.
  • SPA Wellness Center: Dedicated space for relaxation and wellness.
  • Generator: Backup power for uninterrupted electricity.
  • Swimming Pools: Multiple pools for refreshing retreat.
  • Pool Snack Bar: Convenient poolside refreshment spot.
  • Aqua Zone: Recreational aquatic area for vibrant community life.
  • Squash Room: Space for squash enthusiasts to stay active.
  • Kid’s Hera Club: Play area fostering community bonds.
  • Mini Golf: Recreational mini-golf for leisure time.
  • Parking: Ample spaces for convenience and accessibility.
  • Bar: Communal bar for social gatherings.
Property Id : 28604
Price: 165,000 GBP
Property Area: 34 m2
Rooms: 1
Bathrooms: 1
Build Year: Project Phase
Title Type: Turkish Deed
Maintenance: Monthly
Air Conditioning
Balcony
Fire Alarm
Fireplace
Fitted Kitchen
Fitted Wardrobes
Heated Flooring
Garage
Garden
Generator
Gym
Kitchen
Master Bedroom
Master Bedroom With Ensuite
On The Sea Shore
Outdoor Car Park
Play Ground
Private Swimming Pool
Reception
Sauna
Spa
Security
Security Cameras
Shared Swimming Pool
Shopping Center
Supermarket
Terrace

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