ELITE PARK VILLAS

The year 2022 marked an important milestone for the housing market in Northern Cyprus. Along with the development of infrastructure and increased construction, property values are rising. Buyers who 6-7 years ago purchased small apartments in previously undervalued areas, today have benefited by approximately 250% of the original cost, as prices per square meter have increased significantly. This performance and the prospect of further price increases is attracting more and more investors who see potential in the region.

The real estate market in Northern Cyprus

Over the last year, there has been a change in the geography of real estate buyers. Previously, in the list of investors, the number of Russian-speaking citizens and Europeans was almost equal. However, now there is a new dynamic where Kazakhs, Ukrainians, Belarusians and Russians have started to stand out as the leaders amongst clients interested in purchasing real estate. This shift is due to various factors including economic and geopolitical circumstances as well as the attractiveness and benefits provided by the Northern Cyprus region.

Buying real estate in Northern Cyprus offers many benefits and unique opportunities for investors and those looking for a comfortable place to live:

- Simple residence permit conditions make moving and living easier.

- Affordable price categories of housing expand opportunities for buyers with different financial capabilities.

- Installment payments make the purchase more affordable and convenient.

- The possibility of profitable resale of real estate in the future.

- The possibility of guaranteed income from rental real estate.

- Low risks of economic shocks provide stability of investments.

- Profitable investment opportunities due to the growing real estate market.

- Favorable exchange rate makes investments more attractive.

- The colonial heritage of Britain adds to the uniqueness and atmosphere of the land (Anglican Church, official English, traffic on the left, signage in English)

- The favorable atmosphere and mild climate contribute to a comfortable life all year round.

- A quality medical field and medical facilities provide a high level of medical care and service for all residents and visitors.

- Quality British curriculum education and the availability of educational facilities for children, schoolchildren and students provide the basis for successful development and learning.

- High levels of security provide peace of mind and reassurance.

- Environmentally friendly food supports a healthy lifestyle.

The resort town of Girne (Kyrenia) in Northern Cyprus

Girne (Kyrenia), the most famous resort town in Northern Cyprus, attracts visitors with its unique charm and wealth of experiences. Here the purest sandy beaches and the azure sea merge to create the perfect setting for rest and relaxation. The majestic nature of the place includes picturesque mountain scenery and inexpressible views.

Girne is also known for its numerous attractions, offering fascinating opportunities for tourists to explore. Historic castles, architectural monuments and ancient monasteries reveal the rich cultural history of the place. Here you can immerse yourself in the atmosphere of the past and learn many interesting facts about Cypriot history.

Moving to the Girne neighborhood will be an ideal choice. This place is suitable for those who are used to a dynamic urban life and appreciate the developed infrastructure. Fans of diverse entertainment will also appreciate it: the presence of casinos, various restaurants and lively nightclubs provides an exciting pastime at any time of the year.

A special advantage for young people is that Girne is a center of secondary and higher education. The level of education is of international standards and many of the curricula are based on the British education system, making it particularly attractive to young people seeking a quality education.

Real estate in Girne

When it comes to real estate choices, the range here is impressive: it ranges from cozy apartments to luxury villas with breathtaking sea views. These properties are available for both personal residence and rental investment.

Investment real estate in project properties is considered to be the most attractive and promising. Construction companies offer comfortable payment options, including installments with an initial payment of only 30-40%. The purchase of an apartment or house at the excavation stage with subsequent sale after completion of construction is accompanied by a potential profit of up to 50%. This option is most suitable for those who prefer quick investments.

For investors focused on longer-term strategies, there is an opportunity to rent out new buildings. In this case, an additional yield is possible, especially during the vacation season, when the demand for such properties increases, which can add another 5-10% to the income.

Project 'Elite Park Villas' in Northern Cyprus from the developer 'Elite Sinerji Construction'

Elite Sinerji Construction is proud to present a unique project in Girne called 'Elite Park Villas', comprising 5 luxury villas on an area of 3124 square meters. Each of the villas has been named after popular resort towns in Turkey. This detail emphasizes the uniqueness of each villa and creates a kind of connection with the resort culture of Turkey.

Duplex villas "Efes", "Bodrum", "Alanya", "Alachaty", "Marmaris" have a 4+1 layout and a total area of 304 square meters.

On the first floor of the villa there is a living room combined with a kitchen with a total area of 96.50 m², as well as a first bedroom with an area of 13.20 m², a bathroom with an area of 4.80 m² and a spacious garden terrace with an area of 26 m².

On the second floor of the villa there is a second bedroom of 27.70 m², a third bedroom of 14 m² and a fourth bedroom of 12.70 m². The corridor is 15.30 m², the second bathroom is 6.80 m² and the third bathroom is 5.6 m². Additionally there is a storage room of 6 m² and a spacious terrace of 43.50 m².

Each of the villas has its own unique garden area. For the villa "Efes" the garden area is 252 m², for "Bodrum" it is 282 m², for "Alanya" it is 196 m², for "Alaçatı" it is 250 m² and for "Marmaris" it is 236 m².

The villas have high quality finishing, fireplace, air-conditioning and innovative floor heating system in every room, ensuring comfort and coziness. The kitchens will be equipped with built-in appliances including stove, oven and extractor hood. Each villa will have its own two-vehicle garage and a 38 m2 private swimming pool, enriching the space with additional amenities. Additional amenities are: high-quality double-glazed aluminum windows providing effective sound and heat insulation, CCTV cameras and modern video intercoms.

The 'Elite Park Villas' project offers a combination of style, functionality and comfort to create the perfect living environment in one of the most desirable areas of Northern Cyprus.