Two Bedroom Apartment on The Hills of Alsancak

Alsancak, Kyrenia West, North Cyprus

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From £165,000

Price verified 4 hours ago

80 m² to 81 m²

2 Bedrooms

2 Bathrooms

17 Months
Instalments

September 2025
Completion

  • Property Ref: 269
  • Only 5 minutes drive to the beach
  • A large communal area, facilities including swimming pool, playgrounds and much more
  • Expected capital appreciation 30% in 2 years.
  • Close to all necessities, including supermarkets and pharmacies
  • Payment plan is 24 months without interest.
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GET MORE INFORMATION ABOUT THIS PROJECT

Get in touch with us today to learn more about this unique property investment opportunity in North Cyprus.

THANK YOU

One of our property advisors will contact you soon.

Rosemarie - English Speaking Property Advisor
Rosemarie

English Speaking Property Advisor

Phone: +90 533 868 0020

WhatsApp: +90 533 868 0020

Irina - English Speaking Property Advisor
Irina

English Speaking Property Advisor

Phone: +90 533 833 2010

WhatsApp: +90 533 833 2010

Property Location

Property Location

Project is located on the hills of Alsancak, in North Cyprus.

  • Necat British School 2 mins
  • Supermarket 3 mins
  • Pharmacy 3 mins
  • 5 Star Hotel and Casino 5 mins
  • Beach Club 5 mins
  • Cafes and Restaurants 6 mins
  • Ercan Airport 35 mins
  • Larnaca Airport 60 mins

Payment Plan

  • 30% Down payment
  • 70% 0% Interest installments till key delivery

Payment Breakdown

Additional Fees Calculator

  • Property price £165,000
  • VAT (5%) + £8,250
  • Stamp duty (0.5%) + £825
  • Title deed transfer + £19,800
  • Lawyer fees (optional) + £1,500
  • Total amount £195,375

Return on Investment (ROI)

Projected investment return of
£342,764 in 5 years

Investment £165,000
Total rental income £35,062
Value appreciation £142,702

About the Project

The new Residential Complex will be located in the picturesque foothills of Alsancak.

The complex will consist of two two-storey houses.

Block A - 12 apartments and Block B - 8 apartments.

Apartments 1+1 (41-49 m2) and 2+1 (74m2), with 1 bathroom and 1 balcony in each apartment.

Apartments on the 2nd floor will have their own private roof terrace with a built-in barbecue system and outlets for taps and jacuzzies.

The apartments on the 1st floor will have their own plot for a garden or a recreation area from 8 m2 to 34 m2

The apartments will be rented out in a fine finish with built-in cabinet furniture in the kitchen, built-in wardrobes in the rooms and a fully finished bathroom.

On the territory of the Complex there is a communal swimming pool and an equipped Park with walking paths, places for recreation, a playground and landscaping. And also next to the Complex there is also a large municipal playground with a mini-zoo.

Within walking distance from the Complex is the Necat British College (from 2 to 17 years old) and this is especially true for families with children who want to give their children a decent English education.

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WHY INVEST IN NORTH CYPRUS?

  • North Cyprus has seen 79% property price increase in the past 3 years
  • Rated as "#1 Beachfront Property Investment in The World" by Forbes Magazine in 2021, North Cyprus is one of the leading property investment hotspots in the Mediterranean
  • Buying an off-plan property allows the buyer to pay approximately 20% below market value and pay in instalments over 12-36 months
  • Buy-to-let is also a very attractive option yielding minimum 8% return

WANT MORE INFORMATION?

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  • HIGH-RESOLUTION FLOOR PLANS
  • PERSONALISED PAYMENT PLANS

For more information on the above project, please fill in the form at the top of the page or alternatively click below to be taken to the form.