12 Studio Apartments for Sale as a Whole in Alsancak

Located in the Alsancak, Kyrenia region of Northern Cyprus, this exclusive property offers a block sale of 12 studio apartments. Given the limited land supply and high demand in the area, it represents a rare investment opportunity for a bulk purchase strategy.

Location Highlights:

- Central location on the Alsancak-Kyrenia axis.

- Close proximity to the Merit Hotels corridor and popular beach clubs.

- Situated on a large plot of approximately 1300 square meters.

Property Features:

- Block sale consisting of a total of 12 studio apartments.

- Each unit features 55 square meters of net living space and 1 bathroom.

- Entry opportunity below market value with a cost of approximately 65,666 Pounds per unit.

Investment Evaluation:

The low cost per unit maximizes the potential for capital gains. Thanks to the high rental demand in the Alsancak region, this 12-unit portfolio transforms into a commercial asset providing high cash flow.

ROI: Estimated Annual Rental Income: £55,160.