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Off-Plan

4+1 Amazing Villa Commune in Edermit – Northern Cyprus

£
£595,000downpayment 40%

About this property

Introducing a luxury villa complex located in Edremit, providing panoramic sea and mountain views, a mere 350m from the shore and within proximity to renowned landmarks such as the Merit Park Hotel (600m) and the historical Kyrenia Castle (5.8km). Discover the elite lifestyle in these exclusive 4+1 bedroom villas, with a total of 21 property units spread across a construction area of 7970m2.

Comprised of Olive, Almond, and Palm Villas, each category provides unique living spaces. Olive Villas (9 units) offer 232m2 closed area plus a 109m2 open area, with land plots ranging from 404-995m2. Almond Villas (3 units) comprise 275m2 closed area along with a 108m2 open area, positioned on land plots spanning 415-514m2. Palm Villas (2 units) are characterized by a 265m2 closed area and a massive 173-198m2 open area, on land plots sized between 594-810m2.

These high-end villas, expected to be completed in two stages, first by the end of 2023 and the final phase by mid-2024, offer convenient payment plans with 40% down payment, another 40% until project completion, and the final 20% upon property rights transfer.

Every villa boasts its own parking space and various premium features. These include grand ground floor ceramics, first floor Hungarian motif laminate flooring, and bathroom slip-resistant ceramic tiles. The properties ensure thermal insulation with covered exterior walls, foundations, and roofs, while water-resistant coverings protect roofs and damp spaces.

Noteworthy aesthetic features include Sinterflex exterior wall cladding, semi-matte water-based paint for internal walls, and ceramic wall tiles for bathrooms. Practical elements include insulated aluminum windows, medium-density fiberboard doors with veneer finish, and kitchen counters made of Lapitec (sintered stone). A private swimming pool and a terrace bar further enhance the luxurious lifestyle.

Nestled within a 1km radius of supermarkets, elite restaurants, cafes, beaches, and casinos, this property provides both comfort and convenience. Equipped with a VRF heating and cooling system, homeowners can add a generator if desired. Experience an unparalleled standard of living in this extraordinary villa complex.

Amenities

Swimming Pool

Investment Calculator

Annual Rental Yield

8%

Capital Growth

+£30,000

Est. Annual Income

£12,000

Total Estimated ROI

£90,000

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£
£595,000downpayment 40%

Why choose NCyprus?

Legal Assistance Expert legal advice and assistance with property purchase.
Visa Assistance Formalizing your residence in Northern Cyprus.
Bank Assistance Assisting you in opening a bank account in Northern Cyprus.
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Property Insurance Providing assistance with securing insurance.
Invest Guarantee Ensuring the security of your investments in North Cyprus.
£595,000downpayment 40%

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