Giant Mansion in Edremit

Turnkey | Mortgage Eligible Located at the most prestigious point of the Edremit region in Northern Cyprus, this property is situated within a massive land area of 4014 square meters. The 5 plus 1 ultra-luxury villa with a 500 square meter indoor area is both an elite mansion and a strategic investment asset. Location Advantages: - Strategic Location: With a 75-meter frontage to the Edremit main road, it is at the point with the highest commercial visibility. - Versatile Use: Thanks to its existing infrastructure, it is fully suitable for conversion into a boutique hotel, clinic, or luxury restaurant. - Limited Supply: It is one of the rare properties in the region that offers land of this size and commercial permit rights together. Property Features: - High-End Equipment: 5 en-suite bedrooms are equipped with underfloor heating and a solar panel system. - Outdoor Comfort: It offers a 10 by 5 meter private pool, barbecue area, and extensive landscaping with mature fruit trees. - Fully Independent Infrastructure: A generator, closed garage, private road entrance, and 2 active water wells are available. Investment Evaluation: The property promises high capital gains with both its luxury residential use and commercial conversion potential. In an elite location like Edremit where supply is limited, large land ownership is the safest financial haven. ROI: Estimated Annual Rental Income 140,000 Sterling 7 percent