Most offshore investments are in assets for long-term leasing or Airbnb purposes for tourists on vacation or for the locals.
In the K-island project that is marketed by the leading real estate firm Kensington, you can gain higher profits. An asset that resides at an exclusive resort that can be leased for short or long terms and you can also use it yourself every once in a while and enjoy all the high-end perks it has to offer.
The British real estate firm Kensington is the leading firm in Northern Cyprus, Kensington has over 20 years of experience and nowadays operates mostly around Northern Cyprus.
Kensington managed building projects off over 3000 residential units and has started executing the high-end luxury project of K-island, any investor in the project will benefit from an ROI of 6%-8% yearly, the luxurious architectural planning includes a wide variety of treats and perks and an opportunity for an asset in the hottest location in the area.
This amazing project resides within a resort area located on the shoreline of the Mediterranean Sea and it offers tourists a pastoral and pampering vacation. Every hotspot is easy to reach since it is located just 45 minutes from Ercan International Airport and just 75 minutes from the city of Larnaca.
In addition, the Tourist city of Estanpa is just 15- minutes drive and in 40 minutes are also the cities of Kyrenia and Famagusta. There is no doubt that this is a great location.
Investors can choose from a wide variety of properties including villas and studio apartments, small family apartments that include 2 Bedrooms, and also a large family 3 Bedrooms apartments. A total of 400 units, some of them are inland and some on the shoreline and they offer a high-end and pampering architectural design.
In the luxurious resort, you can enjoy a beach restaurant and bar poolside and also water lagoons with resting areas, a warmed covered pool with saltwater technology, a pampering health spa that includes a sauna, steam room, gym, and a yoga studio.
Aside from the spa and pools, guests are offered a resident lounge, media room, business center, kids club, pool table, table tennis, electrical cars charging area, ATM, walking trails, bike trails, kids playground, wellthought tropical gardens, beach club, see sports club, and match more enough to leave you wanting more; Just the place for a perfect vacation.
The K-island project is due to attract tourists from all over the world and if you own the place, it is always nice to visit a few times a year and just enjoy all the place has to offer without the expense of a hotel. The property is yours and you can visit whenever you want. It is a great recipe for high revenue and also a reduction in vacation expenses.
Unit prices start at 170,000₤. Yearly revenue expected to be 6%-8% the management, marketing, checking guests in and out, collection, and cleaning fees are 25% of the revenue. Payment options are very flexible and allow a payment of 35% up front and the rest in up to 36 monthly payments, or quarterly payments to your choosing.
So if you are looking for an asset for investment at a highly requested resort area, leave your contact details below and we will be happy to tell you more.
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