Four Bedroom Villas in the Stunning Hilltop Village of Karmi

Karmi, Kyrenia West, North Cyprus

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From £520,000

Price verified 1 day ago

211 m² to 350 m²

4 Bedrooms

3 Bathrooms

3 Months
Instalments

September 2024
Completion

  • Property Ref: 129
  • 28 luxury villas located amongst the flourishing forest of Karmi Village
  • Four bedroom triplex villa options available
  • Stunning coastline views. Private swimming pool and garden included in the price
  • Prices starting from £405,000
  • High quality workmanship and distinctive architecture
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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

Facilities

Property Location

Property Location

These villas are located in the stunning hilltop village of Karmi.

  • Girne American University 6 mins
  • Supermarket 10 mins
  • Local Taverns 10 mins
  • 5 Star Hotel and Casino 11 mins
  • Kervansaray Beach 11 mins
  • Lapta Coastal Walkway 12 mins
  • Kyrenia Town Centre 14 mins
  • Kyrenia General Hospital 15 mins
  • Nicosia City Cetre 25 mins
  • Ercan Airport 40 mins

Payment Plan

  • 35% Down payment
  • 65% 0% Interest installments till key delivery

Payment Breakdown

Additional Fees Calculator

  • Property price £520,000
  • VAT (5%) + £26,000
  • Stamp duty (0.5%) + £2,600
  • Title deed transfer + £62,400
  • Lawyer fees (optional) + £1,500
  • Total amount £612,500

Return on Investment (ROI)

Projected investment return of
£957,713 in 5 years

Investment £520,000
Total rental income £109,200
Value appreciation £328,513

About the Project

Beautifully set deep in the mountainside of Karmi Village, inhabited mostly by Foreign expats, comes an unparalleled new project that is sure to capture the hearts of those seeking the idyllic Cypriot lifestyle.

Surrounded by lush forestry, overlooked by St. Hilarion Castle, and boasting stunning views of the Kyrenia coastline, this historic village has been gracefully restored with a style that honours its rich heritage while also incorporating modern conveniences.

With a total of 28 villas coming in 4 different styles with 3-bedroom and 4-bedroom options, some of which come as triplexes, there is real flexibility to find the home that best suits your lifestyle.

Built on naturally elevated land, each villa maintains an unobstructed view of the coastline and is cooled in the summer by Mediterranean breezes. Large windows bring in wonderful natural light, while each home’s elegant floor plan ensures that daily activity will seamlessly flow throughout the home.

A private pool and garden in every villa offer a natural outdoor extension of the living space, and provide the perfect spot for alfresco dining, endless entertaining or quiet relaxation.

In addition to all these amazing features, the local area features its own village pub, local bistros, a handicraft shop and a stunning hiking trail. Nearby Kyrenia town offers a number of amenities, including Girne American University, a supermarket, a 5-star hotel and casino, and the beach.

The Korineum Golf Resort sits an easy 30-minute drive away, close to Nicosia and Ercan Airport.

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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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