3+1 APARTMENT IN ALSANCAK

Status: Key-Ready | Credit: Eligible

This 115 m² residence is located in the sought-after district of Alsancak, Girne, Northern Cyprus. At this price point, it represents an aggressive entry into the Mediterranean market, prioritizing high square-meter value and immediate occupancy.

Location Highlights

– High-Demand Zone: Positioned near the Merit Hotels corridor and premium coastal beach clubs.

– Daily Convenience: Short distance to supermarkets, local pharmacies, and cafes.

– City Access: Strategic proximity to the main highway for a rapid commute to central Girne.

Property Features

– Optimized Space: Efficient 115 m² 3+1 layout designed for maximum utility.

– Move-In Ready: Finished to modern standards, suitable for immediate rental or residency.

– Prime Ventilation: Strategic orientation within the building to maximize natural light.

Investment Verdict

A ruthless focus on the bottom line: Alsancak is land-constrained, making existing 3+1 units high-demand assets. This unit secures both capital protection and a reliable income stream in a growing market.

ROI Calculation

Estimated Annual Rental Income: £8,470 (7% yield)