Two Bedroom Penthouse in Esentepe
Esentepe, Kyrenia East, North Cyprus
£340,000
Price verified 5 hours agoFacilities
Property Location
The project is located in the picturesque area of Esentepe between the sea and the mountains.
- Restaurant and Bar 1 min
- Fitness and Spa Center 1 min
- Supermarket 3 mins
- Korineum Golf Course 3 mins
- Pharmacy 4 mins
- ATM & Bank 5 mins
- Beach Club 5 mins
- Ercan International Airport 40 mins
- Larnaca International Airport 70 mins
Payment Plan
- 40% Down payment
- 60% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (40%) £136,000
- Installments until key delivery (60%) £204,000
- Show 36 months installment plan
- Total amount £340,000
Additional Fees Calculator
- Property price £340,000
- VAT (5%) + £17,000
- Stamp duty (0.5%) + £1,700
- Title deed transfer + £13,600
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £376,800
Return on Investment (ROI)
Projected investment return of
£565,258 in 5 years
Investment
£340,000
Total rental income
£102,000
Value appreciation
£123,258
About the Project
Located in the scenic Esentepe region of North Cyprus, this exclusive residential complex offers a refined blend of nature, comfort, and modern living. Surrounded by pine forests and offering sweeping views of the sea and mountains, the development features 24 thoughtfully designed units, including garden apartments and penthouses with spacious layouts and high-quality finishes.Each residence is crafted with attention to detail—featuring fully equipped kitchens, central heating and cooling systems, and optional extras such as underfloor heating, rooftop terraces with pergolas, BBQ areas, and private jacuzzis. The complex is also home to a rare amenity in the region: a heated outdoor pool, ideal for year-round enjoyment.
Situated within a larger residential community, residents enjoy access to multiple communal pools, scenic walking trails, and a wide range of leisure facilities. A shuttle service is available for easy access to the beach and nearby golf course, enhancing both convenience and lifestyle.
This location attracts a diverse international community and offers strong potential for both permanent living and investment. Whether you're seeking a peaceful retreat in nature or a stylish home with practical amenities, this development presents a unique opportunity in one of North Cyprus’s most desirable coastal areas.
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WHY INVEST IN NORTH CYPRUS?
- North Cyprus has seen 79% property price increase in the past 3 years
- Rated as "#1 Beachfront Property Investment in The World" by Forbes Magazine in 2021, North Cyprus is one of the leading property investment hotspots in the Mediterranean
- Buying an off-plan property allows the buyer to pay approximately 20% below market value and pay in instalments over 12-36 months
- Buy-to-let is also a very attractive option yielding minimum 8% return
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