- Project Name 7 Star Hotel & Casino Phase 2
- Price From 450,000 GBP
- Location Iskele
- Returns 12-15%
- Capital Appreciation: 12-15%
PORTFOLIO SUMMARY
This incredible Resort and Residence is the largest and most exquisite project in Northern Cyprus. Comprising of 3 high rise buildings soaring to 27, 29 and 31 floors. 7 low-rise buildings with five floors and a 5 Star Hotel. A variety of apartments and sizes are ready to be tailored to different needs and lifestyles. Bright, spacious living spaces here are designed to draw in all the natural hues and fresh air that a Mediterranean environment provides.
WHY ISKELE?
The area is extremely popular given its proximity to the famous Long Beach stretch boasting a soft and golden sandy shore as well as palm tree American-style walkways and a children’s park. The entire area is home to various shops, restaurants/bars and services. In such a sought-after location, these spectacular apartments offer a great short-term holiday let investment as well as the perfect place to call home.
Iskele is the new emerging holiday destination of choice;
1-minute drive to Bogaz harbour
5-minute drive to Iskele town
20-minute drive to Famagusta
50-minute drive to Ercan airport
90-minute drive to Larnaca airport
WHY INVEST IN NORTH CYPRUS?
With tourism on the rise year on year, you can be assured that you will receive a faster return on investment. North Cyprus uses the Turkish Lira currency instead of the Euro, because of this reason the cost of living and the cost of property is extremely cheap, in fact, 30 to 40% cheaper than most of Europe. You can pick up a lovely apartment for as little as 50,000 GBP right on the beach, the same location in Europe will set you back at least 150,000 Euros. Another reason for the prices being so attractive is; until recent years mortgages have been scarce here, now developers are offering interest-free loans of up to 7 years. For this reason, we have seen an influx of International Investors taking full advantage of the prices, this also means that developments are going up everywhere to keep up with demand, which leads to the prices rising year on year by at least 10%.
Payment plan
30% down payment
70% paid over 36 months interest-free
Completion dates: 2025/2026
FREE INSPECTION TRIPS AVAILABLE!
3 days free accommodation with airport transfers and a full property tour.
