
- Project Name The Cove By the Sea Luxury Apartments
- Price 199,900 GBP
- Location Esentepe
PORTFOLIO SUMMARY
Driving East from Kyrenia, if after 20 minutes you take a left turn down towards the sea, you may be lucky enough to discover this beautiful hidden beach cove. Over the next two years, this beautiful piece of North Cyprus coastline will be tastefully developed in keeping with the natural environment, to deliver 120 highest quality apartments – each one designed to maximize the sea views from both the living and roof terrace areas.
These particular single level apartments with roof terraces are actually more like townhouses, as there is no one above or below, and the 35m2 roof terrace affords fabulous 360-degree views of the sea and Besparmak mountains. The key theme of The Cove is nature: botanical gardens will be established for all owners to enjoy; all properties are constructed using environmentally-friendly materials; wastewater is utilised in the gardens; the little stone chapel on the beach will be restored as a quiet space; the amphitheatre will be constructed to nestle in the natural hollow of the land close to the beach and can provide an opportunity for musical performances and theatre if residents wish. The unique combination of exclusive “Club” atmosphere, high-end design and build standards, beachfront location, proximity to Kyrenia plus the provision of shuttles to the local supermarket and nearby sister site all-year leisure and sports facilities, ensures that The Cove offers unparalleled luxury and quality throughout Cyprus – north or south.
The site offers these 2 bedrooms single level “townhouse” style apartments, plus 1st-floor penthouses with huge roof terraces. Please enjoy the 3Ds, floor plan and site plan – then please contact North Cyprus International for the full price list. The official launch was on 20th June 2018 and already up to 25% of units have been reserved prior to the launch due to huge publicity about this unique site. Early viewing is strongly recommended
FEATURES
ESENTEPE Unique Private Cove Beachfront Development
* High- End properties – part of the new NCI Platinum Range
* Complimentary 3-night inspection trip accommodation available
* 20+ sold prior to launch!
* Ultra-modern single level frontline “smart home” with roof terrace
* Reserve now from £59,950- pay over up to 2 years
* Communal saltwater infinity swimming pool with sea views
* Landscaped communal botanical gardens
* Organic garden for communal use
* Private restaurant, beach bar, sports courts, amphitheatre, quiet areas
* VRF cooling and heating system in each apartment
* “Smart wiring” and LED spotlighting – all electrical works meeting British
Standards
* Site backup generator
* High-quality Grohe or Hansgrohe fittings to bathrooms
* All kitchen silver goods included in price
* Buyer chooses Kitchen and wardrobes colour scheme
* Both bedrooms ensuite
* Shuttle service to the local supermarket and Pine Valley Leisure club (membership
included in price)
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%.
PAYMENTS
FLEXIBLE PAYMENT PLAN:
35% of the sale price is payable upon the signing of the Contract of Sale
65% of the sale price is payable in monthly instalments up to October 2020 (with
completion) starting
1 month after the signing of the Contract of Sale
ULTRA FLEXIBLE PAYMENT PLAN:
35% of the sale price is payable upon the signing of the Contract of Sale
Min. 35% of the sale price is payable in monthly instalments up to October 2020
(with completion), starting
1 month after the signing of the Contract of Sale
The remaining balance is payable up to 36 equal monthly instalments with
interest
RENTAL YIELDS FOR A 1 BEDROOM APARTMENT
High season: 575 GBP per week (May – October)
Low season: 300 GBP per week
Long term: 400 GBP per month
OTHER OPTIONS
2 BED PENTHOUSE
3 BEDROOM APARTMENT
3 BEDROOM PENTHOSUE
BUNGALOWS
FREE INSPECTION TRIPS AVAILABLE!
3 days free accommodation with airport transfers and a full property tour.

















