North Cyprus Property Investment

An exciting new investment opportunity has been made available to North Cyprus property investors. A new hotel / apartment development called the Skyline Residence was officially launched in late 2005 to cater to the huge demand for in North Cyprus hotel rooms. This complex is ideal for investors who wish to capitalise on the North Cyprus Holidays market.

North Cyprus Hotel Apartments

There are nowhere near sufficient hotel rooms in North Cyprus to meet the demand at present, let alone in the next few years. To take advantage of this huge demand, a new hotel / apartment development called Skyline Residence was officially launched. Hotel apartment is a new concept being marketed throughout the world, and is now being brought to North Cyprus Property. Skyline Residence will function as a hotel, but owners of individual rooms or suites can either:

• use them as a full-time residence, in which case they can furnish them to their choice and use all the facilities of the hotel;
• let them full-time, receiving rental income less management charges; or
• retain personal use of them for pre-determined periods in the year, and let them for the remainder.

North Cyprus Investment Opportunity

Skyline Residence presents investors a very unique opportunity to invest in North Cyprus. Property prices in North Cyprus have been appreciating rapidly over the last two years, and investing in Skyline Residence today will enable property investors to take advantage of future property price rises. Various investment options are available within Skyline Residence and apartments also come with rental guarantees.

Property investment in North Cyprus today still remains an attractive proposition, and investors are advised to get in early before the best units are all sold out.

Skyline Residence Cyprus Hotels

The 5-star development will comprise 50,000 sq ft on 17 floors. At 52 metres high it will be the highest as well as the largest hotel anywhere on the island of Cyprus.

The first four floors will be for facilities including a ballroom (capacity 1,500 people), disco (capacity 1,000), five international restaurants, a casino, cinema and bars. The next ten floors will have 520 units of rooms and suites as hotel apartments.

On the next two floors of this property development, there will be 23 duplex apartments of two or more bedrooms, and on the top floor a restaurant offering magnificent all-round panoramic views.

All bedrooms will be en-suite, and each apartment will have balconies overlooking landscaped gardens and/or sea views. The end apartments will have three-sided balconies. The duplex penthouses will all be dual aspect, with two or three en suite bedrooms and living accommodation with panoramic views from all windows.

Skyline Residence is being built to the highest European standards, but in a very attractive, modern Cypriot style. Only superior quality materials are being used. All units come with luxury fittings and fixtures, and a ten-year building guarantee is issued by the developer; all internal fittings will have a one-year guarantee.

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