Since 1988...

Olimpia Tower

  • Olimpia Tower

Description

LOCATION
Kyrenia, Northern Cyprus
SURFACE ARES
750 m²
COMPLETED
2021

Floor Plans

Penthouse Floor Amenities

Typical Floor Amenities

Indoor Garage Amenities

Building Sections

Section 1

Section 2

Features

The Olimpia building, designed specifically for the apart-hotel concept with its architecture and structure, is located in the center of Kyrenia, the most touristic port city of Northern Cyprus. It has 40 1+1 flats, one penthouse, and a 1200 m2 basement of 2 floors.

Olimpia Building, located in the most preferred area in the city, is within walking distance to service stops, social sites, banks, cafes, and markets. The Olimpia Tower has double elevators and wide and long corridors, allowing room service and housekeeping. It also has 7500 m2 place on the ground floor that can be used as a cafe.

As it is known, tourism and higher education are the main sectors in developing the economy of Northern Cyprus. In Northern Cyprus, where the tourism season is intense for 12 months, the profitability rate of touristic apart-hotels is relatively high. According to the Ministry of Tourism data, in the January-October period of 2020, despite the pandemic conditions, the number of hotel nights spent by Turkish and foreign nationals was 672 thousand 636. This number increased to 800 thousand 545 in 2021, by 19 percent.

In addition, there are four higher education institutions in Kyrenia; these are; Final International University, Cyprus Science University, Girne University, and Girne American University. These universities attract students from 104 different countries and have approximately 40 thousand students. Therefore, apart from the touristic apart-hotel, the Olimpia Building can also be used as a student apart-hotel or student residence to solve the accommodation needs of university students.

Olimpia building promises the fastest return on your investment with its domestic and foreign tourist and student portfolio, architectural functionality and design, and central location. Apart-hotels, which are opened intensively in tourist resorts and are the most preferred environments for students, offer incredibly high accommodation opportunities. Do not miss this opportunity; evaluate your investment in the right place and advantageously.

Advantages

Central Location
Central Location
Domestic and Foreign Portfolio
Domestic and Foreign Portfolio
Short Amortization Period
Short Amortization Period

Project Location

Project VIDEO

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