Superb Hotel Investment in North Cyprus’s High-Growth Tourism Sector, from £169,999
Description
This first-of-its-kind commercial real estate opportunity in Northern Cyprus is tailored for foreign investors.
Nestled on elevated land in a prime location of Northern Cyprus, this boutique hotel project combines luxury accommodation with a unique concept that will cater to ‘independent senior living’ – a booming international market.
This is perhaps the best type of investment in North Cyprus right now, offering investors a profit / equity share of the entire hotel revenue but without the usual taxes, restrictions or complications with a standard residential property purchase.
Overview:
- Spacious hotel suite with Sea views
- One fitted bathroom
- 52 m2 closed area
- 8.5 m2 terrace
- Concierge
- 7% – 12%+ ROI
- No VAT, Stamp duty or Title Deed Taxes
- Furniture pack included
- No ongoing Maintenance Charges
- 2 weeks Free complimentary stay your very own hotel every year
Site facilities
- Semi-olympic size outdoor pool
- Indoor pool
- Gym, Sauna
- Wellness centre with Cosmetic Spa
- Restaurant
- Lobby Bar
- Pool / snack bar
- Cinema Room
- Entertainment Room
- Meeting Rooms
- Conference facilities
The Location
Karaağaç is a small coastal community in the countryside east of the port city of Kyrenia. The area is truly special where you will find tranquility, nature, beaches and the cooling Mediterranean breeze. Compared to Cyprus’s other cities, this region is relatively untouched and you literally live in the middle of nature, where the sea meets the mountains, and where the sunsets are truly spectacular. Here you can discover your own sandy beach or enjoy a peaceful walk in the mountains. The town’s also home to North Cyprus’s largest golf club, Korineum Golf & Beach Resort, with an 18-hole championship course in beautiful surroundings.
Price & Payment Plan
Hotel Suite 52m2 internal area plus 8.5m2 private balcony, priced from £169,999
Payment plans available:
50% down payment before construction (July, 2025) and 50% Interest-free payments for until delivery. The hotel official opening is due January 2027
Contact us for more details, floor plans and videos of this property by property quoting Ref No ETPPR01
Contact
Northcoast Properties
Property Agent- Property ID ETPPR01
- Price £169,999
- Property Type Commercial/Hotel
- Property status For Sale
- Bedrooms 0
- Bathrooms 1
- Size 60 m2
- Label Investment
Address
- Country: Northern Cyprus
- Province / State: Kyrenia
- City / Town: Karaağaç