ONE BEDROOM LUXURY GOLF LOFT APARTMENT (HOTEL CONCEPT PROJECT)

£ 220,000 - £275,000

Esentepe Kyrenia

1 1 Bathrooms 62 m²

Specifications

Ref Code ES250AL
Price £ 220,000
£275,000
Property Location Esentepe / Kyrenia
Status For Sale
Property Type Property , Apartment
Title Deed Type Exchange
Plot Size
Total Living Area 62 m²
Closed Living Area 52 m²
Building Age Under Construction
Garden No
Living Room 1
Bedrooms 1
Bathrooms 1
Kitchen 1
Ensuite
Family Bathroom
Guest W/C
Furniture No
Pool Yes
Fireplace No
Central heating No

Ref Code : ES250AL - Property Description

Perfect for the golf enthusiast. This development sits 100m away from a new golf course under construction and 800 metres from the well established international standard Korineum Golf Course. Set in semi rural surroundings but only a 5 minute drive to Esentepe village and its' facilities, 10 minutes to Esentepe sandy beach and 30 minutes from the hustle and bustle of Kyrenia city centre. Ercan airport is only a 40 minute drive.

These one bedroom loft apartments offer living space of 52m2 enclosed and a 10m2 terrace area. The site will have many facilities to include restaurant, bar, and gym. The purchase of a property on this development will entitle the owner to use all of the construction companies other facilities, at other locations.

This is a great opportunity to own and use an aprtment next to a golf club at such a reasonable price or as a fantastic rental income investment. The development will be operated as a HOTEL CONCEPT operation, so the potential for making above average returns on investment is quite exceptional.

Construction of this project commences in June 2024 , with completion due December 2026. There are 96 apartments in total to inclue studios, lort and penthouse apartments. The project is located on the seaside just outside of Esentepe village. The international Korineum Golf course is a literal 5 minute drive away.

The facilities will include outdoor pools, gym, sauna, restaurant and bar.

Payment Plan                                                                         

VAT Tax   - 5% 

  1. 35% downpayment                                                       Stamp Duty -                   5% (To be paid within 21 days of signing sales contract)
  2. 20% Floors & tiles                                                         Transfer of Title Deed  - 12%                                                         
  3. 20% Doors & Windows                                                 Transformer charge -     £2500
  4. 5% Key handover                                                          Maintenance  -             £90/month       Hotel lettings fee - 30%

Internal Features

  • A/C Infrastructure
  • American Style Lounge/Kitchen/Diner
  • Ceramic Flooring
  • Fitted Wardrobes

External Features

  • BBQ Area
  • Close To Transportation
  • Communal Garden
  • Communal Pool
  • Electricty On Site
  • Generator
  • Luxury Living
  • Mountain View
  • Road Access
  • Sport Area
  • Terraces
  • Water On Site

Distances

  • Local Amenities : CLOSE TO VILLAGE AMENITIES
  • Nearby Schools :
  • Hospital :
  • Beaches : 10 MINS
  • Sea Side : YES
  • Mountain Side :

Property Location

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