CAPITAL OPPORTUNITY 218
Kyrenia — Multifamily-Portfolios
Guide £18M–£22M
€ 21M–€ 26M · $ 23M–$ 28M · ₺ 972M–₺ 1188M
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.
Die Gelegenheit
An illustrative portfolio of five residential buildings in and around Kyrenia, some two hundred apartments in all, let on annual tenancies to residents and long-stay visitors. Assembled over a decade by one owner and offered as a single transaction. Presented to funds and family offices. The example shows the building-by-building schedule, tenancy analysis and capital-expenditure profile Northea prepares. The buildings differ in age and condition, and the dossier gives each its own line.
Warum es zählt
- Five buildings, some two hundred apartments
- Annual tenancies, long-stay component
- Single transaction for funds and family offices
Property
| Class | Multifamily Portfolio |
|---|---|
| GIA | approx. 19,000 m² |
| Land | across five sites |
| Tenure | freehold titles, to be verified per building |
| Units | approx. 200 |
| Operating history | let over 10 years, vendor rent roll |
| Planning status | residential, per building |
| Basis of figures | vendor rent roll, dated |
Legal / documentation
| Title information | Under review |
|---|---|
| Parcel information | Not provided |
| Seller identity | Document received |
| Mortgage / encumbrance review | Not provided |
| Building permit | Under review |
| Planning status | Under review |
| Individual title availability | Not provided |
| 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 £18M–£22M |
|---|---|
| Estimated acquisition costs | Indicative, on request |
| Basis of figures | Vendor rent roll, dated, per building |
| Income illustration | Portfolio income illustration on request |
| Operating costs | on enquiry |
| Management | Existing management; options available |
| 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
Zu beachten
Each building carries its own title, permit and condition position. Portfolio-level figures conceal variation that the schedule must reveal.
Illustrative dossiers in this area: Kyrenia
