Move-in Ready Studio in Yeni Boğaziçi

Turnkey Ready, Suitable for Mortgage

Located in the Yeni Boğaziçi region of Famagusta, this studio apartment is in one of the fastest-growing locations in Northern Cyprus. With its move-in-ready status, it offers the opportunity for immediate residency or rental income.

Location Highlights:

– Strategic Location: Situated in the rising value of Famagusta, the Yeni Boğaziçi region, close to tourist centers and daily needs.

– High Demand: Year-round rental potential thanks to its proximity to the university and beaches in the area.

Property Features:

– Extensive Social Areas: Low-density horizontal architecture and large landscaped green areas on a 21,000-square-meter land.

– Complete Infrastructure: Uninterrupted living comfort with a central generator, water treatment system, and gate security.

– Equipped Facilities: Comprehensive social amenities including a swimming pool, tennis court, vitamin bar, and restaurant.

Investment Verdict:

Turnkey and ready-to-move-in properties in the Yeni Boğaziçi region are rapidly gaining value due to supply constraints. It is a secure asset providing high liquidity for both short-term tourist rentals and long-term accommodation.

ROI: Estimated Annual Rental Income 9,030 GBP (7 percent)