Overview

Property ID: SE501

Penthouse
Property Type

1
Bedroom

1
Bathroom

40 m²
Area Size

Description

Located in Forest Golf & Beach Residences, one of Esentepe’s long-standing complexes, this comfortable 1-bedroom penthouse is a “ready-to-move-in” opportunity for both vacationers and Airbnb investors. Situated within a mature site, this property perfectly blends proximity to the coast with mountain tranquility, offering a low-risk alternative compared to high-priced off-plan projects in the region.

Location Advantages

– Strategic Location: Just minutes away from Korineum Golf & Beach Resort, which attracts high-profile golf tourists year-round.

– Beaches: Only a 2-minute drive to Esentepe public beach and local beach clubs.

– Transportation: 25 minutes to Girne city center and 50 minutes to Ercan Airport.

Property Features

– Penthouse Living: 40 m2 interior area and a 5.5 m2 private balcony with magnificent, unobstructed views.

– Turnkey: Sold fully furnished and ready to move in; no need to wait for setup for the rental process.

– Complex Amenities: 3 communal swimming pools, landscaped gardens, and an on-site management team for maintenance.

– Official Documents: Individual title deed is in the owner’s name and ready for immediate transfer.

Investment Evaluation

Esentepe continues to be the “Golf Capital” of Northern Cyprus. In a market where 1-bedroom apartment prices in new projects have risen to £160,000 and above, acquiring a turnkey property in a mature complex at this price provides instant equity gain and high Airbnb demand from the golf community.

Return on Investment (ROI) Analysis: 7%