12 Studio Apartments for Sale as a Whole in Alsancak
- £788,000
Overview
- Off Plan
- 1
- 1
- 1300 m²
Description
Located in the Alsancak, Kyrenia region of Northern Cyprus, this exclusive property offers a block sale of 12 studio apartments. Given the limited land supply and high demand in the area, it represents a rare investment opportunity for a bulk purchase strategy.
Location Highlights:
– Central location on the Alsancak-Kyrenia axis.
– Close proximity to the Merit Hotels corridor and popular beach clubs.
– Situated on a large plot of approximately 1300 square meters.
Property Features:
– Block sale consisting of a total of 12 studio apartments.
– Each unit features 55 square meters of net living space and 1 bathroom.
– Entry opportunity below market value with a cost of approximately 65,666 Pounds per unit.
Investment Evaluation:
The low cost per unit maximizes the potential for capital gains. Thanks to the high rental demand in the Alsancak region, this 12-unit portfolio transforms into a commercial asset providing high cash flow.
ROI: Estimated Annual Rental Income: £55,160.
Address
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City: Kyrenia
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Area: Alsancak
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Country: Northern Cyprus
Details
Updated on May 26, 2026 at 7:53 am-
Property ID SE592
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Price £788,000
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Property Size 1300 m²
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Bedroom 1
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Bathroom 1
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Property Type Off Plan
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Property Status For Sale
