Luxury Penthouse with a View in Baykal
  • £145,000

Overview

Property ID: SE1298
  • Penthouse
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 160 m²
  • Area Size

Description

Delivery January 2027 | Credit Status: Suitable

 

Located in the Baykal district of Famagusta, this spacious penthouse is strategically positioned in one of Northern Cyprus’s fastest-growing urban centers. With its modern architecture and central location, it offers both high quality of life and significant appreciation potential.

 

Location Highlights:

– Strategic Location: Within walking distance to universities, main shopping streets, and all social amenities.

– High Demand Area: The Baykal district is the most preferred location in the rental market by professionals and families.

 

Property Features:

– Spacious Living Area: Offers a roomy living experience with its 160-square-meter 3+1 layout and three bathrooms.

– Panoramic Views: Large private terraces overlooking city views optimize outdoor living.

– Functional Design: Provides greater privacy with the high-floor advantage and modern interior details.

 

Investment Verdict:

Penthouse apartments of this size are rare in the center of Famagusta due to supply constraints. Housing demand in the region ensures the property will provide high liquidity and strong capital growth following delivery.

 

ROI: Estimated Annual Rental Income: £10,150 (7%)

Address

  • City: Famagusta
  • Country: Northern Cyprus

Details

Updated on July 11, 2026 at 9:25 am
  • Property ID SE1298
  • Price £145,000
  • Property Size 160 m²
  • Bedrooms 3
  • Bathrooms 3
  • Property Type Penthouse
  • Property Status For Sale

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