CAPITAL OPPORTUNITY 219
Esentepe — Single-Family Rental Portfolios
Guide £5M–£6.5M
€ 5.8M–€ 7.6M · $ 6.3M–$ 8.3M · ₺ 270M–₺ 351M
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 portfolio of twenty-four villas across the Esentepe coast, each with a pool, let on annual and seasonal terms through one management company. Presented to investors seeking residential income spread across many units rather than one building. The example records the unit schedule, letting mix and management contract Northea reviews. The dossier presents the villas as a schedule rather than an average, because the letting performance of a coastal villa depends on its individual position, pool and condition.
Why It Matters
- Twenty-four villas across one coastal area
- Annual and seasonal letting mix
- One management company across the portfolio
Property
| Class | Single-Family Rental Portfolio |
|---|---|
| GIA | approx. 5,500 m² |
| Land | across 24 parcels |
| Tenure | freehold titles, to be verified per unit |
| Units | 24 |
| Operating history | let 4 years, vendor rent roll |
| Planning status | residential, per unit |
| Basis of figures | vendor rent roll, dated |
Legal / documentation
| Title information | Document received |
|---|---|
| Parcel information | Independent review completed |
| Seller identity | Document received |
| Mortgage / encumbrance review | Document received |
| Building permit | Independent review completed |
| Planning status | Document received |
| Individual title availability | Under review |
| Completion / final approval | Independent review completed |
| Purchase permission relevance | Document received |
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 £5M–£6.5M |
|---|---|
| Estimated acquisition costs | Indicative, on request |
| Basis of figures | Vendor rent roll, dated, per unit |
| Income illustration | Portfolio income illustration on request |
| Operating costs | on enquiry |
| Management | Existing management company; contract under review |
| Return illustration | Illustrative only, assumptions stated |
Lifestyle and access
Coastal village east of Kyrenia built around the Korineum golf resort, with large newer villa and apartment developments aimed at overseas buyers.
Coastline
Mixed rocky and sandy shoreline with several beach clubs; quieter than the Kyrenia strip.
Golf
Korineum Golf & Country Club is in Esentepe itself (the TRNC's only 18-hole course).
Marina
Kyrenia Old Harbour, about 22 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
Considerations
Twenty-four titles mean twenty-four sets of diligence. Seasonal letting figures rest on occupancy assumptions.
Illustrative dossiers in this area: Esentepe
