Karaoglanoglu, Kyrenia

Please Quote Code: KRG001C
Price: £50,000,000 (€56,440,000)

Set in view of the Eastern Mediterranean coastline and picturesque Besparmak mountain range of Kyrenia, is this beautifully constructed, 5*luxury Hotel.
Set on a vast expanse of 10 acres, this exorbitantly designed, Ottoman style structure is presented to contain; indoor and outside pools an amphitheatre.
Set in perfectly manicured landscaped gardens, restaurants, Turkish Bath, shops, Gym and multi functional conference halls. Perfectly suitable for large exhibitions, celebratory events and closed meetings, in addition to the multitude of facilities available.
Also included in the purchase price is a rare to come by £3million casino licence, all of this in place will undoubtedly make this project one the most prestigious havens  in the Mediterranean, giving it the conceivable ability of out selling all other holiday destinations in North Cyprus.
The construction of this 3 storey 500 bed project is currently 70% complete, has 62 individual dwellings all set amongst water features and lush green gardens, and is being undertaken by one of the leading developers in Northern Cyprus.
The monumental features in the design, which take you back to the prime Ottoman period, will undoubtedly give you a real feel of the Middle East, the grandiose columns and marble entrance will be utterly breathtaking, drawing in a precise classification of clientele, each minor point has been carefully over seen by the developer to ensure every detail is of the highest calibre.
With millions of pounds earmarked to promote tourism and the opening of the water pipeline from Turkey, Northern Cyprus has recently been the subject of much positive media coverage, making the Mediterranean’s best kept secret, North Cyprus a first class destination of choice for investors, foreign visitors and holiday makers worldwide.
Situated on a 41487 m² of land and consists of three main sections, Hotel, Bungalows and Recreational. These main sections are integrated with green areas and car park. It has a 500 bed capacity and is designed as a 5* Hotel and Casino project
SPECIFICATIONHOTEL Closed area 16157m2BASEMENT LEVEL Closed area 3774m2 Casino Multipurpose hall Conference hall Kitchen Laundry Machine room Corridors Restrooms Storerooms GROUND FLOOR Closed area 2827m2 Open terraces 904m2 Reception Lobby 2 Restaurants Shops Café Bar Lounge Housekeeping room RestroomsMEZZANINE FLOOR Closed area 931m2 Administration offices Available rental offices Kindergarten Clinic and doctors room Multipurpose hall Housekeeping room Restrooms  FIRST FLOOR Closed area of 2878m2 Rooms Housekeeping roomSECOND FLOOR Closed area 2754m2 Rooms Housekeeping roomsTHIRD FLOOR Closed area 2752m2 Rooms Housekeeping roomsFOURTH FLOOR Closed area 240m2 Presidential suite Roof terrace 2512m2BUNGALOWS62 bungalows, consisting of two main types, five types in total Total Closed area 3137m2 TYPE A- closed area 1455m2 30 in total TYPE B- closed area 1682m2  32 in totalRECREATIONAL AREAThese are designed as four separate areas Area combined with accommodation area 4147m2 Aqua park 2783m2 Amphitheatre 445m2 Outdoor sports area 10706m2The last population census proved that the population of Girne has been growing fast because of domestic and overseas migration. The main reason of foreigners’ comings is that Girne Region has the biggest potential in terms of tourism. With its fabulous seaside, natural and historical prosperities, Girne is the preferred region of Cyprus. Therefore most of the local and overseas tourists prefer this area. It’s the main reason that domestic and foreign investors in the field of tourism focus on this region.

At A Glance...

  • Location: Karaoglanoglu
  • Property Type: Commercial
  • Sale/Rent: For Sale
  • Floor Area: 41487M2
  • Bedrooms: 500
  • Bathrooms: 5
  • Swimming Pool: Private
  • Garden: Private Garden
  • Parking: Private
  • Heating: Full System
  • Air Conditioning: 10 or more units
  • Near Harbor: Yes - only 10 minutes drive!