For Sale / Kyrenia / Phoenix Tower - 1+1 Penthouse
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Published Fri, Jul 5 2024
Phoenix Tower - 1+1 Penthouse£ 216,200.00
Kyrenia
1 Beds
1 Bath
80.00 Sq. Meters
-- Parking spots
Completion date is Sun, Apr 30 2023
Details
Floor Plan
Exterior
Interior

Details

Property ID:66
Lot Size:80.00 Sq. meters
Property Type:1+1
Beds:1
Year Built:2023
Parking:--

Floor Plan

Exterior

Interior

Description

The Phoenix Tower residential complex stands out as a modern housing option with numerous advantages. It offers a variety of apartments, including 1+1 and 2+1 layouts, as well as two luxurious penthouses, catering to diverse needs and preferences.

The exterior of the Phoenix Tower boasts an elegant design, with balconies and terraces providing perfect spots for relaxation, summer furniture, Jacuzzis, and sun loungers. From the 4th floor and above, residents are treated to stunning views of the sea and mountains, adding a special touch to their living experience.

One of the complex's significant benefits is its investment potential. Its prime location makes it highly attractive for rental opportunities, especially given the shortage of new housing in the city center. This makes renting out apartments a potentially lucrative investment.

Residents can enjoy a cozy rooftop lounge area, complete with a mini-bar and Jacuzzi, offering panoramic views and a perfect place to unwind. The complex also provides convenient parking solutions, with both above-ground and underground spaces available. Buyers of apartments on the 8th to 10th floors receive underground parking as a complimentary benefit, ensuring hassle-free parking.

Situated in the Arapkoi area, Phoenix Tower provides easy access to essential amenities, including supermarkets, shopping centers, casinos, pharmacies, sports facilities, hospitals, restaurants, and entertainment venues. This makes it an excellent choice for those seeking modern, comfortable housing in the city center with potential investment returns.

With its variety of housing options, excellent amenities, and proximity to urban infrastructure, Phoenix Tower offers a perfect blend of comfortable living and smart investment opportunities.

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Investment Calculator

Initial Investment£ 100.000,00
Project Property Value Growth30%
Daily Renting Price£ 80,00
Renting Occupancy Per Year60%
*Disclaimer: The results provided by this Real Estate Investment ROI (Return on Investment) Calculator are for informational and educational purposes only and should not be construed as financial, investment, or legal advice. Actual returns on real estate investments can vary greatly and are influenced by multiple factors
Total Investment£100,000.00
Captal Gain£30,000.00
Value Growth£130,000.00
Yearly income£17,520.00
Monthly rental income£1,440.00
ROI / year13.48%
Year to ROI5.71
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