Three Bedroom Penthouse in Esentepe
Esentepe, Kyrenia East, North Cyprus
£899,900
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%) £359,960
- Installments until key delivery (60%) £539,940
- Show 36 months installment plan
- Total amount £899,900
Additional Fees Calculator
- Property price £899,900
- VAT (5%) + £44,995
- Stamp duty (0.5%) + £4,500
- Title deed transfer + £35,996
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £989,891
Return on Investment (ROI)
Projected investment return of
£1,492,356 in 5 years
About the Project
This is a low-density residential project located within the well-established Sun Valley area of Esentepe, Kyrenia. Surrounded by natural pine landscapes and open green zones, the project is designed to offer privacy, comfort, and a calm Mediterranean lifestyle.
The development consists of 47 apartments arranged in thoughtfully positioned blocks, complemented by 8 private villas. Apartment options include well-planned layouts with generous living areas, large terraces, and open views of the surrounding nature. The villas offer additional privacy, private gardens, and a more exclusive living experience.
Residents benefit from access to landscaped communal areas, walking paths, and shared facilities within the wider Sun Valley concept, while remaining only a short drive from the coast, golf courses, beaches, and everyday amenities. The location also provides easy access to Kyrenia city center.
Pine Valley is suitable both for permanent living and as an investment opportunity, offering strong rental appeal due to its setting, quality construction, and integration within a sought-after residential community.
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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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