Loft 1+1 with Garden in Melis Sitesi — Opportunity to Convert into 2+1 or 3+1 SA-1-0497

Loft 1+1 with Garden in Melis Sitesi — Opportunity to Convert into 2+1 or 3+1

Location

The apartment is located in the comfortable residential Melis Sitesi in one of the most sought-after areas of Alsancak, just a few minutes’ drive from the center of Kyrenia (Girne). The area is perfectly suitable for permanent living thanks to its developed infrastructure. Supermarkets, cafes, restaurants, pharmacies, schools, and public transport stops are within walking distance. The equipped beaches of the Mediterranean Sea can be reached within just a few minutes.

Property Description

This spacious 1+1 Loft apartment offers a total internal area of 85 m² and a private garden of 20 m². Thanks to the smart architectural design, the new owner has the opportunity to transform the apartment into a fully functional 2+1 or even a two-level 3+1 duplex apartment with an additional investment of only £6,500. This renovation can significantly increase the market value of the property and make it more attractive for rental purposes.

The apartment is sold unfurnished; however, all furniture can be purchased separately for an additional fee if desired.

This property format is an excellent choice both for personal residence and as an investment opportunity with potential for future resale or rental income.

Site Facilities

• Communal swimming pool
• Landscaped and well-maintained surroundings
• Parking area
• Private garden of 20 m²
• Modern architecture
• Quiet residential Site
• Convenient location close to infrastructure
• Only a few minutes to the beaches of Alsancak

Completion Status and Purchase Conditions

✔ Price — £120,000

✔ Internal area — 85 m²

✔ Private garden — 20 m²

✔ Possibility to convert into 2+1 or 3+1 for only £6,500

✔ TRAFO fee has been paid

⚠ VAT has not been paid

⚠ Title Deed has not yet been separated

⚠ Contract transfer with the developer — £5,000

⚠ Purchase through bank financing is currently not available

✨ The loft in Melis Sitesi is a rare opportunity to purchase a spacious apartment at an attractive price with the potential to increase its living space, market value, and rental income potential with minimal additional investment.

When purchasing property – VELES Property, provides assistance with obtaining a residence permit and opening a bank account in Northern Cyprus.

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