Sea view for all units
Every shop and office is positioned to capture an unobstructed sea view — a significant driver of both rental value and resale premium.
Karaman · Girne · Northern Cyprus
A landmark on 58 Dönüm of Mediterranean coastline.
147 units of retail, offices and villas — the largest available plot in Girne, designed for guaranteed returns and lasting cultural value.
An exceptional model
The largest available plot in Girne — structured for maximum security.
Area
58 Dönüm
Location
A++ Premium
Land value
£30M
Total units
147
The agreement
The landowner provides the land and receives 50% of shops and offices, plus 40% of the villas.
A transparent, low-capital structure that aligns interests between landowner, developer and investor from day one — with no upfront land purchase required.
Project features
Where architecture, nature and Cypriot culture meet.
A residential and leisure space in Karaman, Girne, designed around functional separation, welcoming public spaces, and unbeatable positioning.
Adjacent to Girne Festival
Immediate proximity to the Girne Festival grounds delivers steady, year-round foot traffic and exceptional visibility for commercial tenants.
Next to GAÜ University
A constant flow of students, faculty and visitors from the neighbouring university and college builds a reliable customer base.
Ample parking
Generous parking areas with direct main-road access remove one of the biggest friction points for retail success in the region.
Diversified unit mix
Villas, shops and offices in a single scheme spread risk and open multiple revenue channels across residential and commercial demand.
Cypriot courtyard concept
Traditional courtyards create semi-open social centres — cafés, seating, greenery — ideal for the Mediterranean climate and a warm, familiar atmosphere.
Financial overview
A projected profit of £14.36M.
Sales revenue
£37.25M
Total costs
£22.89M
Construction + 10% commission
Project profit
£14.36M
Construction breakdown
- 50 shops (190m²)
- £5,700,000
- 50 offices (80m² + terrace)
- £3,000,000
- Villa Type A · 28 units
- £6,990,000
- Villa Type B · 19 units
- £3,476,000
- Total
- £19,166,000
Sales units
- 25 retail units × £600K
- £15,000,000
- 25 offices × £200K
- £5,000,000
- 25 villas × £600K + 3 × £750K
- £17,250,000
- Total
- £37,250,000
Gallery
Renderings & site views.
A closer look at the site, architecture and surroundings.
Invest with us
A conversation with our investment team.
For investor decks, unit reservations, or a walkthrough of the site — reach out and we'll respond within one business day.