Penthouse with a Large Terrace in Kyrenia Center

Ready for Occupation | Suitable for Credit

Located in the center of Kyrenia, this spacious 3+1 penthouse offers a comfortable life in the heart of Northern Cyprus with its modern design and massive terrace areas extending over four sides. With its location within walking distance to the city center, it is a strategic choice for both family living and investments focused on high rental returns.

Location Highlights:

– Strategic Location: Close to 23 Nisan Primary School, within walking distance to all essential points such as markets and pharmacies.

– Ease of Transportation: A central point providing quick access to main transportation routes and the social amenities of Kyrenia city center.

– High Demand Area: A valuable location with limited supply, situated in one of the city’s established and prestigious neighborhoods.

Property Features:

– Spacious Living Area: 110 m2 of terraces facing four different directions in addition to 130 m2 of indoor usage area.

– Modern Equipment: Renovated modern kitchen, large living room with a fireplace, and a functional three-bedroom architecture.

– Infrastructure and Comfort: VAT and transformer contribution fees paid, two private parking spaces for each apartment.

Investment Verdict:

The rarity of penthouse properties with this much outdoor space in the center of Kyrenia maximizes the potential for value appreciation. The central location and large m2 advantage make the property a liquid asset in both the rental and resale markets.

ROI: Estimated Annual Rental Yield: 7% of the sales price.