Cheap is Good but Don’t Compromise on Quality
If you are looking at the possibility of buying a property in North Cyprus you may be pleased to know that it is not necessarily so expensive as you may have originally thought. There are many cheap properties to choose from in North Cyprus, and even though Kensington is not known as being the cheapest property developer in terms of build quality, with the cheapest property prices, we are known to be able to provide quality properties at very competitive prices! buying cheap property north cyprus
With property prices starting from around £59,000 at our ever popular Thalassa Beach Resort & Spa project, you can easily find a range of Studio properties within this price range, set within a residential beachfront resort, complete with facilities and exclusive beach. A fantastic starting price point for north Cyprus property investors. Located in the district of Iskele, an ever growing area of popularity, the resort is based on the coast of Bafra a peaceful and picturesque location, about 1 hours drive from the stunning and often referred to untouched Karpaz Pensinsula.
With Property Prices Starting from as Cheap as £54,950
Those looking to also earn on their investment will be pleasantly surprised at the returns that can be had from this initial price point, with a Rental Program run by our onsite management company and great rental return prospects should you wish to utilise the options for holiday lets from your property in North Cyprus.
Research from Rightmove, the UK’s largest property portal has shown, at least with the UK market recently, that prices at £100k and below are what property investors are looking for in the Famagusta and Iskele region in North Cyprus, so even with such a low starting price point at Thalassa, there are many other properties to choose from below that figure. 1 bedroom apartment properties at Thalassa are priced starting at £69,950 and there is a choice of locations within the resort with frontline to the sea being the most sought after. With 2 bedroom apartments starting at around £109,950, many north Cyprus property hunters can push their budget a little above the £100k mark.
A Wide Range of Property Types below £100k
If you are looking for something a little more private and secluded on a smaller project, Kensington are able to offer options in the Esentepe area, again another popular area along the north coast, around 30 minutes from the touristic area of Kyrenia/Girne. With its wonderful harbour castle and bustling restaurant, bar and shopping scene, it has always been classed as the touristic centre of North Cyprus and is a long time favourite holiday location for many.
Olive Grove Apartments in Esentepe is a development of 1 bedroom properties, and as Kensington terms them as ‘golf getaways’, you can guess that they are a short distance from the premium 18 hole course belonging to Korineum Golf Resort. With beaches both within walking and driving distance, they are also an opportunity to make a property purchase with excellent capital growth potential. With starting prices of £54,950 these properties may be 1 bedroom, but have large terraces for those that love to live outdoors in the summer months. With communal pool and private parking these properties are a first time North Cyprus investors dream.
Affordable But Premium
Kensington’s Karpasia Elite 2 bedroom apartments, now virtually sold out for Phase I, offer a really boutique style feel, with 12 apartments within the first phase of the project. A peaceful retreat for any home owner, they again come with large outdoor terraces, offering ample space for dining and relaxing. An even shorter distance to the golf course and a short walk to the local beach, the site has maturing landscaped gardens, communal pool and off road parking. Phase II, at the time of writing, will start soon. Prices from £89,950 offer the North Cyprus property buyer an excellently priced, functional and tastefully designed apartment.
Indeed, you can buy cheap property in North Cyprus, and who does not love a bargain, but with Kensington you will also be investing in a quality property in North Cyprus too, and that matters to both of us.
For more information on our projects and how you can purchase a property with Kensington, please feel free to contact us, we are always happy to help. Click here for more information on Our Projects or