Stonehouse

Status: Key-Ready | Credit: Eligible

This expansive 430 m2 villa is situated on a massive 1,544 m2 plot in Karşıyaka, Girne, Northern Cyprus. Located just a 1-minute walk from the sea and the newly renovated municipal marina area, it offers unparalleled land value and coastal access.

Location Highlights

– 1-Minute Walk: Direct access to the sea and local marina.

– Prime Location: Elevated views of both the Mediterranean and Five-Finger Mountains.

Property Features

– 4+1 Layout: Includes walk-in wardrobe and fireplace in the lounge.

– Private Pool: Surrounded by manicured grounds and two helper rooms.

– Utility Infrastructure: 80-ton underground water tank and private water well.

– Spacious Living: Closed garage, pantry, and expansive sea-view balconies.

Investment Verdict

A rare “Large Land” asset in a tightening market. The combination of plot size and proximity to the marina ensures long-term capital appreciation and high-end rental demand.

ROI Calculation: Estimated Annual Rental Income: £37,030 (7%)