CAPITAL OPPORTUNITY 217
İskele / Long Beach — Build-to-Rent
Guide £12M–£15M
€ 14M–€ 18M · $ 15M–$ 19M · ₺ 648M–₺ 810M
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.
The Opportunity
An illustrative build-to-rent scheme on the eastern coast: one hundred and sixty apartments in four blocks with a residents' pool, gym and on-site management, designed and held for rental from the outset. Presented to institutional investors seeking scale in a growing coastal rental market. The example records the rent evidence, letting velocity and management model Northea reviews. The scheme was designed for management rather than sale, and the dossier reads the specification with that in mind.
Why It Matters
- One hundred and sixty apartments held for rent
- On-site management and residents' facilities
- Institutional scale on the eastern coast
Property
| Class | Build-to-Rent |
|---|---|
| GIA | approx. 14,000 m² |
| Land | approx. 10 dönüm |
| Tenure | freehold title, to be verified |
| Units | 160 |
| Operating history | letting from 2025, vendor rent roll |
| Planning status | residential |
| Basis of figures | vendor rent roll and appraisal, dated |
Legal / documentation
| Title information | Document received |
|---|---|
| Parcel information | Document received |
| Seller identity | Document received |
| Mortgage / encumbrance review | Not provided |
| Building permit | Under review |
| Planning status | Under review |
| Individual title availability | Under review |
| Completion / final approval | Not provided |
| 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 £12M–£15M |
|---|---|
| Estimated acquisition costs | Indicative, on request |
| Basis of figures | Vendor rent roll and appraisal, dated |
| Income illustration | Stabilised income illustration on request |
| Operating costs | on enquiry |
| Management | On-site management; options available |
| Return illustration | Illustrative only, assumptions stated |
Lifestyle and access
Fast-growing investment-led coastal district north of Famagusta, dominated by large high-rise apartment complexes along the Long Beach strip.
Coastline
Long Beach: a wide sandy beach with a public promenade running for several kilometres.
Golf
None in the district; Korineum (Esentepe) is about 75 km away.
Marina
No yacht marina; small fishing harbour at İskele/Boğaz. Karpaz Gate Marina is about 55 km north-east.
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
Considerations
Letting history is short and the rent roll is the vendor's. Stabilised income is an assumption, not a record.
Illustrative dossiers in this area: İskele / Long Beach
PRIVATE RESIDENCE 111 · Illustrative dossierİskele / Long Beach — Private Pool Penthouses
Guide £650k–£780k
PRIVATE RESIDENCE 139 · Illustrative dossierİskele / Long Beach — Rental-Managed Luxury Residences
Guide £700k–£820k
CAPITAL OPPORTUNITY 213 · Illustrative dossier