Live In or Rent Out – Functional 1+1 Apartment in a Luxury Resort

Property Specifications
Technical and Legal Details
Amenities
Investment Strategies
Description
For sale: a comfortable 1+1 one-bedroom apartment on the 14th floor, offering 50m2 of living space in a modern development in Iskele, Northern Cyprus. Its well-designed layout makes it ideal both as a private holiday home and for profitable short-term rentals. The apartment comprises a bright, spacious living room with an open-plan kitchenette, a separate bedroom with a built-in wardrobe, an elegant bathroom finished with high-quality ceramics, and a practical 13m2 balcony overlooking the sea or the resort's picturesque grounds and facilities.
The apartment is offered in an enhanced developer’s standard, including fully fitted kitchen cabinetry, spacious built-in wardrobes, luxury flooring, Italian ceramics and modern bathroom fittings. The building features double-glazed windows, a composite-and-glass façade, central air conditioning, heating, water systems, satellite and internet connectivity, as well as a dedicated parking space.
Residents have access to 7-star resort amenities, including over 10 000m2 of swimming pools with a water park, heated pools and spectacular rooftop infinity pools on the towers. The complex features a 5-star Hotel & Casino, a spa area with a sauna and Turkish bath, the Fit Plus gym, the private Pera Mackenzie beach club, restaurants, cafés, an open-air cinema, tennis and padel courts, and round-the-clock security, along with complimentary buggy transport.
The development offers a highly flexible payment plan with a 35% initial payment and the option to spread the remaining balance over interest-free instalments until key handover. The apartments are also eligible for an optional rental management programme guaranteeing an annual return of 8% in GBP.
The property price is 199900 GBP.