A MEDITERRANEAN PROPERTY FOR SALE CLOSE TO THE KARPAZ GATE MARINA IN NORTHERN CYPRUS
Set in the tranquil village of Siphai, this bungalow sits on a generous plot measuring
just over 1,000 square metres and is just minutes away from the beach and the new
Karpaz Gate Marina. It comprises of 4 rooms in the main building and 2 further rooms
as outbuildings in the back garden. There is plenty of scope to turn this into a
good sized family bungalow. Being located in the Karpaz area means that you are
in easy reach of some of the most stunning beaches in the whole of the Mediterranean.
In need of a makeover but what potential !!
This Karpaz property is now offered with a £3,000 discount from the original price
and valuation of £58,000. Now available for just £55,000
Total of 4 rooms
Stunning sea views
Beach 5 min drive
Marina 5 min away
Large plot of 1000 square mtrs
This interesting traditionally designed property is ripe for modernization and could
be converted into beautiful family bungalow for holidays or full time living. Located
in a private position, one of the best features from the bungalow is the stunning
Front entrance door into main salon
Access to bedroom 1 and kitchen. Back door to large terrace area and bathroom.
Large double room with window to front and side
Large double room with window to rear boasting amazing sea views
Accessed from the salon, in need of modernization. Very spacious with traditional
open fireplace feature.
Accessed at the rear of the property.
A good sized area with excellent views of the sea
TOTAL SQUARE METRES 120
A good sized plot measuring 1000 square metres .
One of the best features of this property is the stunning sea views.
The Turkish Republic of Northern Cyprus is one of the few remaining “undiscovered”
places of the Mediterranean. It has a diverse abundance of outstanding and unspoilt
natural beauty from the crystal clear waters and golden sandy beaches to the heights
of the pine clad mountains and Crusader Castles. With exemptions on income tax, import
duties, corporation tax and very low council tax North Cyprus is a property investors’
haven. The past three to four years has seen an increase in foreign investment where
we have seen investors from Russia, Israel, Turkey and the UK buying into land and
large scale developments such as the new Karpaz Gate Marina that opened in summer
Although there is an increase in the amount of development going on it is being strictly
regulated by the government. Developers are being forced to take the natural surroundings
into consideration in order to maintain the integrity of the natural setting. Despite
the recent price hikes in the North Cyprus property market, it still offers investors
great opportunities to buy real estate at very competitive prices.
One such area is the Karpaz region. The Karpaz Peninsular is at the northern most
tip of Cyprus, pointing out towards Syria and Turkey. The region has strict regulations
on development and is a protected wildlife sanctuary where rare turtles lay their
eggs on the golden sandy beaches, in excess of 300 species of birds pass through
every year as they fly along one of the main migratory routes. Wild flowers are in
abundance and the landscape is distinct from the rest of the island. It offers a
haven of tranquillity for those who wish to explore the ancient monuments, walk or
cycle on the mountain tracks or just relax on the beautiful beaches.
The Village of Sipahi
The small village of Sipahi is set above the coast road that runs down the Karpaz
panhandle and has the usual coffee shop and convenience store. The position of the
village ensures that almost all the well spaced houses have delightful sea views.
Sipahi is also home to the well preserved mosaics in the ruins of Basilica Agia Triada
that dates back to the 5th century. Although little of the main structure remains
the extensive flooring is intricately pattern with abstract mosaics.
Please CONTACT US quoting reference HP0868 for more on this North Cyprus property