Cozy studio in a unique residential and hotel complex Grand Sapphire Resort in Northern Cyprus is one of the latest and best offers from our real estate experts. The residential complex is located on the coast of the most attractive part of the bay of Northern Cyprus, famous for its sandy beaches. The complex lies within a short distance of the tourist attractions in the center of the town of Famagusta.
Grand Sapphire Resort & Residences
Grand Sapphire Resort is a unique business-class residential complex with its own five-star hotel just five hundred meters from the Mediterranean coast, at the of Long Beach resort located near the village of Iskele, north of Famagusta. The residential complex includes apartments in three high-rise buildings with 27, 29, and 31 floors, and seven four-story houses. The premium resort hotel is part of the Grand Sapphire Complex. The exclusive project offers residents modern hotel and residential infrastructure with playgrounds, restaurants, spa salons, fitness centers, and cinemas.
The following facilities are situated on the premises:
- cafes and cocktail bars;
- barbecue area;
- casino;
- aquapark;
- gym;
- 10 swimming pools with a total area of 7,000 m²;
- shops;
- spa center with jacuzzi, sauna, and hammam;
- night club;
- tennis court;
- cinemas of open and closed type;
- volleyball and football grounds;
- large supermarket; and
- rooftop swimming pool with a bar.
The whole area of Grand Sapphire is under round-the-clock video surveillance. Naturally, there is a 24/7 security post at the entrance. In total, the residential complex includes 1,630 luxurious apartments. The premises also feature a guarded parking and special paths for walking and cycling.
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Location of Grand Sapphire Resort:
- 500 meters to the sandy beach;
- 5-minute drive to Boaz harbor;
- 10 minutes by car to Famagusta;
- 30-minute drive from Ercan airport;
- 45-minute drive from Larnaca airport;
- 30 minutes by car to Karpaz Gate Marina; and
- 5 minute-drive to the ruins of the ancient city of Salamis.
Description of the Open Plan Studio Apartment
We offer you to consider purchasing a luxurious studio apartment at Grand Sapphire Resort on the twentieth floor of a high riser, with unforgettable panoramic sea views. Spacious and bright, the apartments are created with the highest technological and aesthetic standards in mind.
Following are the main advantages of a studio apartment in Grand Sapphire Resort in Northern Cyprus:
- ceramic tiles in the bathroom;
- kitchen with built-in furniture and modern design;
- built-in wardrobe;
- high-quality flooring;
- dropped ceilings;
- double-glazing windows;
- central water supply system;
- central satellite TV;
- Internet connection;
- central air conditioning system;
- centralized power generation;
- spacious balcony with magnificent sea views.
The total area of the apartment is 45 m².
General Features of the Property:
| Floor | 20 |
| Total Area | 45 m². |
| Special Features | sea view |
| Location in the Residential Complex | Block А |
| Price | $128,000 |
| Installment payments | Possible |
| Initial down payment | 68% ($87,000)+ tax |
| Subsequent payment | 32% ($41,000) + tax |
The complex’s investment prospects: predicted approximate growth of about 35% per year. Total cost of the studio by December 2023 is expected to rise to $172,800.
How Can You Buy a Studio Apartment in Grand Sapphire Resort?
If you decide to become the owner of an open-plan studio apartment in Northern Cyprus in the exclusive residential complex Grand Sapphire Resort, please email our specialists at info@offshore-pro.info. Our experts will provide full support at all stages of the purchase and sale transaction.
In addition, we are happy to offer a wide range of services in Northern Cyprus:
- Selecting a suitable real estate object (possible remotely). Our catalog includes properties for rent and for sale.
- Assistance in buying profitable air tickets and getting a transfer from the airport. Help with accommodation.
- Support at all stages of requesting and receiving a Northern Cyprus residence permit.
- Expert assistance with relocation of your assets.
- Comprehensive 24/7 support.
Upon request we can organize an info-tour of real estate in Northern Cyprus for you. With our assistance, you can also remotely open an individual account in a Cyprus bank.
How profitable is it to buy a studio apartment in the Grand Sapphire Resort Residential Complex?
Experts in foreign real estate predict a 35% increase in the cost of the studio apartment by December 2023, which means that in a year this apartment will cost $172,800.
Why should I invest in real estate in Northern Cyprus?
Northern Cyprus is famous for its favorable Mediterranean climate, environmentally friendly products, high level of security, relatively low cost of living, and the high-level educational institutions located in the republic. At the same time, it is quite easy for foreigners to obtain a residence permit here on simplified terms.
Is it possible to pay for a studio apartment in Northern Cyprus in installments?
Yes, that is possible. The buyer can make a down payment of 68% and then pay the remaining 32% later. It is important to remember that the price of the studio does not include taxes.
