Four Bedroom Mansion in the Center of Nicosia

Kucuk Kaymakli, Nicosia, North Cyprus

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£1,980,000

Price verified 1 month ago

500 m²

4 Bedrooms

5 Bathrooms

Ready to Move In

  • Property Ref: 522
  • Private swimming pool 98m2.
  • Central location and 2676.43 m2 plot of land.
  • High quality construction and classic design.
  • A 30 m2 gazebo and a 44 m2 garage.
  • A garden with a fence, lawn, fruit trees, flowers and an automatic electric gate.
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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

The mansion is located in the heart of the city of Nicosia.

  • Supermarket 1 min
  • Polis station 1 min
  • Restaurants and Cafes 1 min
  • School 2 mins
  • Stadium 2 mins
  • Ledra Palace Crossing Point 5 mins
  • Near East University 10 mins
  • Ercan Airport 20 mins
  • Kyrenia 22 mins
  • Larnaca Airport 50 mins

Payment Plan

  • 100% Down payment

Payment Breakdown

  • Down payment (100%) £1,980,000
  • Total amount £1,980,000

Additional Fees Calculator

  • Property price £1,980,000
  • VAT (0%) + £0
  • Stamp duty (0.0%) + £0
  • Title deed transfer + £237,600
  • Lawyer fees (optional) + £1,500
  • Total amount £2,219,100

Return on Investment (ROI)

Projected investment return of
£4,033,979 in 5 years

Investment £1,980,000
Total rental income £341,550
Value appreciation £1,712,429

About the Project

Indulge in luxury living with this stunning 500 m2 mansion in the heart of Nicosia. A perfect blend of classic design and comfort awaits you.

The roof is solid, made of concrete, 8cm stone wool, and braas tile for durability and insulation. Inside, enjoy the convenience of central TV, Wi-Fi, and satellite connectivity. The entrance is grand with a captivating gallery featuring a wrought-iron spiral staircase and a 26-meter carved wooden handrail.

The interior is sophisticated yet practical. A 40 m2 living room with a fireplace, natural marble floors, and a 20 m2 dining room with a spot system provide comfortable spaces. A spacious 25 m2 study room with a private WC adds versatility to the layout. The kitchen is the heart of the home, a 44 m2 space with double granite countertops, along with an 8 m2 pantry.

Upstairs, three generous bedrooms (3x20 m2) offer privacy. The master bedroom is a sanctuary with a 30 m2 space, an adjoining 16 m2 closet room, and an en-suite bathroom with a 140x140 JACUZZI. The entire house is equipped with central heating, air conditioners (Mitsubishi inverter + Samsung), and an instant hot water system.

Step outside to enjoy a 7x14 pool, surrounded by a 140 m2 pool area, covered terrace, and a 30 m2 gazebo with a tiled roof. The basement beneath the gazebo is a practical space with engines, warehouses, and a water treatment system. The property also includes a 44 m2 garage, auxiliary buildings (generator room, garden material room, central heating boiler, warehouse, shower, WC, changing room), and a sprawling garden with a fence, lawn, fruit trees, flowers, and an automatic motorized gate.

The mansion sits on four plots, totaling 2676.43m2, with a 90-meter-long sidewalk and a corner location for exclusivity. The construction features double walls, decking dowe foam, and a 42 cm wall thickness with plaster for longevity and energy efficiency. Enjoy the benefits of PVC double glass tile, carpeted bedrooms, and an 8 KWA solar electric system, making this mansion a distinct and sustainable residence in Nicosia. Live the high life with comfort and style.

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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