CAPITAL OPPORTUNITY 202
Kyrenia — Branded Residences
Guide £40M–£60M
€ 47M–€ 70M · $ 51M–$ 76M · ₺ 2160M–₺ 3240M
Currency conversions are indicative and may differ from the transaction exchange rate. Indicative rates as of 2026-09-22.
An example of how Northea presents a property of this class. Figures, statuses and images are illustrative and are replaced by verified material on engagement.
موقع
An illustrative whole-scheme opportunity: a coastal site near Kyrenia with consent for a branded residential resort of the international hotel-brand type, presented to a developer or fund with the capacity to secure the brand and deliver the scheme. The site, the consent and the outline commercial structure are the subject of the dossier; the brand relationship is the buyer's to bring. The example sets out the diligence Northea assembles for a scheme of this kind.
یہ کیوں اہم ہے
- Coastal site with consent for a branded scheme
- Presented to developers and funds
- Brand relationship for the buyer to secure
Property
| Class | Branded Residences (scheme) |
|---|---|
| GIA | approx. 28,000 m² consented, vendor-stated |
| Land | approx. 70 dönüm |
| Tenure | freehold title, to be verified |
| Units | approx. 120 residences plus hotel component |
| Operating history | none; development site |
| Planning status | consent claimed by vendor, under review |
| Basis of figures | vendor-supplied development appraisal, dated |
Legal / documentation
| Title information | Document received |
|---|---|
| Parcel information | Document received |
| Seller identity | Under review |
| Mortgage / encumbrance review | Not provided |
| Building permit | Document received |
| Planning status | Under review |
| Individual title availability | Document received |
| Completion / final approval | Under review |
| Purchase permission relevance | Under review |
Statuses reflect documents held by Northea. Nothing is presented as verified without documented evidence; independent review is arranged through your own lawyer.
Financial
| Asking basis | Guide £40M–£60M |
|---|---|
| Estimated acquisition costs | Indicative, on request |
| Basis of figures | Vendor development appraisal, dated |
| Income illustration | Development appraisal on request |
| Operating costs | not applicable |
| Management | Brand operator to be secured by buyer |
| Return illustration | Illustrative only, assumptions stated |
Lifestyle and access
The main resort town and property hub of the north coast, with a historic harbour, hotels, restaurants and the densest concentration of apartments and services in the TRNC.
Coastline
Rocky town shoreline with small beaches at Karakum and Escape/Alsancak strip to the west; sandy beaches are a short drive away.
Golf
Korineum Golf & Country Club (Esentepe), about 22 km / 25 min east.
Marina
Kyrenia Old Harbour and Kyrenia Marina (Delta Marina, Karsiyaka, ~20 km west).
Distances and driving times are approximate, by road, in normal traffic.
Media
- High-resolution gallery — On request
- Video — On request
- Floor plan — On request
- Site plan — On request
- Brochure — On request
- Private virtual viewing — On request
قابلِ غور نکات
The consent, its conditions and its currency are under review. Development appraisals are the vendor's and rest on assumptions not yet examined.
Illustrative dossiers in this area: Kyrenia
