Two Bedroom Penthouse in Alsancak
Alsancak, Kyrenia West, North Cyprus
£264,500
Price verified 2 days ago- Property Ref: 2123
- Ready to move in.
- Private roof terrace with sea and mountains views.
- High-end finishes – modern kitchen with Bosch appliances, Lapitec or Italstone countertops, and premium materials throughout.
- Smart and efficient living – equipped with multi-split inverter air conditioning, central generator, and IP video intercom system.
- Private comfort in a resort setting – access to a large communal pool, landscaped gardens, and full on-site amenities within the complex.
Facilities
Property Location
Project is located on the hills of Alsancak, in North Cyprus.
- Necat British School 2 mins
- Supermarket 3 mins
- Pharmacy 3 mins
- Beach Club 5 mins
- 5 Star Hotel and Casino 5 mins
- Cafes and Restaurants 5 mins
- Girne American University 10 mins
- Kyrenia 15 mins
- Ercan International Airport 60 mins
- Larnaca International Airport 75 mins
Payment Plan
- 65% Down payment
- 35% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (65%) £171,925
- Installments until key delivery (35%) £92,575
- Show 36 months installment plan
- Total amount £264,500
Additional Fees Calculator
- Property price £264,500
- VAT (5%) + £13,225
- Stamp duty (0.5%) + £1,322
- Title deed transfer + £10,580
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £294,127
Return on Investment (ROI)
Projected investment return of
£439,738 in 5 years
About the Project
Set in the peaceful surroundings of Alsancak, just minutes from Kyrenia’s lively center, this elegant residential complex blends modern architecture with natural beauty. Nestled among olive trees and overlooking the sea and mountains, it offers a lifestyle defined by comfort, privacy, and refined design.
The development features 90 stylish 2+1 apartments, including spacious penthouses with expansive terraces and panoramic views. Every home stands out for its meticulous craftsmanship and premium materials — Bosch kitchen appliances, Lapitec or Italstone countertops, and multi-split inverter air conditioning systems create a sense of sophistication and practicality.
Residents enjoy a thoughtfully planned environment with a large swimming pool, children’s pool, playground, and landscaped gardens spread across generous green areas. Modern infrastructure — including a generator, water purification system, and CCTV security — ensures reliability and peace of mind.
With Necat British College nearby and beaches, restaurants, and everyday conveniences within easy reach, this complex offers a perfect balance between coastal tranquility and city accessibility. A refined setting ideal for both permanent living and long-term investment.
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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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