Studio for sale

Reference No: HP2728

In the coastal region of Iskele lies the very first high rise residential complex in the area that’s within just a short walking distance to one of the most famous beaches in Northern Cyprus thanks, to its stunning sandy promenade. Enjoy a lifetime of entertainment offered from your doorstep thanks to the many amenities offered on site and within no more than a minute walking distance. Located in block A is this great, studio apartment fitted with brand new white goods including air conditioning and, furniture can be negotiated making the apartment ready for its proud new owner to move into.

Here you can enjoy the best of both worlds. You can spend a replenishing day soaking up the sun on the beach and then head straight into happy hour on your way home at one of the local bars for entertainment. It really is that easy.

The area and local facilities make this apartment an ideal buy to let investment with a potential 6% ROI per annum.

On site services and activities include:

• Security Complex
• Outdoor Swimming Pool / Water Slides
• Kid’s Swimming Pool
• Restaurant & Bar
• Outdoor Sports Facilities

• Outdoor and Indoor Kids Playgrounds
• Spa & Fitness Center
• Pharmacy
• ATM Machines
• Supermarket

• Dry Cleaning
• Medical Services
• Souvenir Shop
• Parking

Extra Cost:

0.5% Stamp duty

3% for the transfer of the deeds

Solicitor Fee: £1400

Water and electricity infrastructure and connections approx. £1800 total

Maintenance fee: £150 per year

Rental Potential:

Short term holiday lets high season (approx through 25 weeks of the year) at £300 per week

Long term rental: Approximately £250 per month

The Long Beach Area: Your Closest Beach

Over the course of the last two years the Long Beach area as undergone a dramatic transformation. The development of the area around this wonderful sandy beach includes, outside gym, children’s play area a grassy picnic and leisure area all set along several kilometers of beach front promenade and cycle way. On the beach sits a wonderful petite café and an open air amphitheater. With many new bars, restaurants, shops and hotels; including the first 7* hotel in the country to be completed within the next couple of years makes this area the perfect place to purchase area for investment.

Iskele

The town of Iskele, also known as Yeni Iskele, is located on the south east coastal area of Northern Cyprus and on the main road which heads towards the Karpaz Peninsula area.  It is close to the harbor town of Bogaz, which is a very pretty old fishing village that still retains some of its authenticity whilst also being able to accommodate tourism. In the center of Iskele you will find a small Dominican chapel called Ayios Iakovos, which was originally built around the 15^th century and on the outskirts of Iskele the church of Panayia Theotokos, a 12^th century domed building which has been restored in recent years and reopened to the public as an Icon Museum. 

Local Amenities & Attractions: Travelling Times

• 5 minutes’ walk to the famous golden Long Beach stretch
• Bar, restaurant and café within 2 minutes’ walking distance
• 1 minute walk to the closest supermarket and pharmacy
• 5 minute drive to the closest medical Centre
• 20 minutes’ drive to Famagusta City Centre and its wonderful historical features
• 50 minute drive to Nicosa City Centre
• 1 hour drive to the famous Karpaz Gate Marina and the stunning Karpaz peninsular
• 50 minutes’ drive from Ercan Airport
• 90 minutes’ drive from Larnaca Airport