Esentepe - Kyrenia

Ivy Villas Phase 2:

Your Oasis of Sustainability and Luxury

Starting from £299,000

A Home Harmonizing with Nature

Ivy Villas Phase 2, scheduled for completion in the spring of 2024, elegantly combines luxury with an eco-conscious philosophy. A project focused on implementing environmentally friendly initiatives in sustainable locations, while maintaining a clear focus on breathtaking views, comfort, and convenience.

3 Bedrooms
Detached Villas
Completing in Early 2024
Duplex
Sea View
Mountain View
Very Close to Amenities
150m to The Beach

Designed for Intimacy and Attention to Detail

A design approach that melds intimate and detailed styling with special attention to the environment and locational advantages, creating a unique living experience.

Esentepe – A Paradise Within Reach

Beach, restaurants, and a vibrant nightlife just steps away. With supermarkets and bars within a comfortable 2-3 minutes walk, no desires are left unfulfilled.

Less than an hour from the airport, and in immediate proximity to banks, pharmacies, and post offices, Ivy Villas ensures that you have everything you need close at hand.

Your investment is secure

Secure Investment
Regulatory Compliance
100% Customer Satisfaction
Flexible Payment Plan

Exclusivity, Defined by Ivy Villas: Limited Available Villas with Variant Offerings

With only 9 luxurious villas, 3 of which have already been sold, Ivy Villas Phase 2 offers exclusive villa options:

  • Type A & B: Approximately 115 sqm starting at £299,000
  • Type C: Approximately 135 sqm, available for £329,000 in Villa No. 1

Each villa is artfully designed with 3 bedrooms and 3 bathrooms, two of them ensuite, and an additional ensuite bedroom on the ground floor to ensure maximum privacy and comfort.

Experience a home that is both stunning and functional, with private pools, spacious 35m² terraces, and a remarkable view.

Discover Uniqueness and Added Value

A Price-Performance Ratio That Convinces With villas that are approximately 10% cheaper than comparable offers and currently low availability of high-quality, modern villas with good payment plans in the region, Ivy Villas Phase 2 represents a rare and rewarding investment.

Project Location

Esentepe: Where Natural Beauty Meets Investment Potential

Discover Esentepe, a hidden gem in North Cyprus – Set amidst lush landscapes and a pulsating lifestyle, Esentepe stands as a symbol for a balanced way of life while simultaneously offering a brilliant investment opportunity. This serene residential community offers a tranquil lifestyle enjoyed by both locals and foreign residents. With its array of residences, amenities, and access to nature’s beauty, including pristine beaches and world-class golf courses, Esentepe is a captivating destination waiting to be explored.

An Eco-Conscious and Future-Oriented Concept

Experience a residence where innovative construction and eco-conscious design unite, assuring you not only a luxurious living environment but also a home that thoughtfully respects and integrates with its natural surroundings:

  • YTONG Thermal Blocks
  • Weber Insulation and Moisture/Waterproofing (min. 3 layers)
  • Compressed Foam Insulation per floor for Temperature and Sound Insulation
  • Concealed Water Tanks and Air Conditioning Units
  • Infrastructure for Photovoltaic Solar Panels Included
  • Thermally Insulating Aluminum Windows and Large South-Facing Glass Panels
  • Triple Water-Protected Bathrooms from Floor to Ceiling
  • Low-Voltage Inverter Infrastructure for Air Conditioners
  • Large North-Facing Windows to Minimize Heat Transfer into the Building
  • Three-Stage Septic Tanks and Wells with Biological Wastewater Management
  • LED Pool Lighting and Energy-Saving Pumps
  • Water Treatment Solar-Powered for 9 Months, with Electrical Backup for Cooler Months

Flexibility in Your Investment: Tailored Payment Plans

Carefully Curated Financial Models for Your Peace of Mind!
At Ivy Villas Phase 2, we understand that financial flexibility is at the core of a worry-free investment. Therefore, we offer payment plans that are not only generously structured but also tailored to the diverse financial situations of our clients.

 

The Simple Path – Transparent and Customer-Centric Down Payment:

Begin your journey with a 50% down payment and secure your spot in this exquisite paradise.

You have the option to structure the remaining amount according to your preference and financial situation. Here are the tailored options:

 

  • Option 1: Pay as Construction Progresses 20% upon tile laying, 20% upon window installation, 10% upon key handover 
  • Option 2: Monthly Structuring to Fit Your Budget Interest-free installments, spread over the period of construction, which seamlessly embed into your financial planning.

Provide us insight into your liquidity, and we will design a plan that suits your needs without impacting your financial health.

 

Private Pools: A Gift of Exclusivity to You Unique in our pricing structure: Private pools are included in the price, assuring you a life of luxury without hidden costs.

Price List

These residences are designed to cater to a diverse spectrum of lifestyle needs. Sunsetbay offers individual villas with private pools, semi-detached villas with optional pools, and apartment flats sharing a grand communal pool. Each home offers an infusion of natural light, spacious living spaces, and modern architectural elements.

The starting price for each of these property types are:

Villa TypeStarting Price
Type A+B Nr. 2£319,000
Type A+B Nr. 3&4£299,000
Type A+B Nr. 5&6£309,000
Type C Nr. 1£329,000

Frequently Asked Questions

Initially the buyer reserves his chosen property by signing a Reservation Agreement and paying a reservation fee, in order to remove the property from the market. Then the buyer signs a Sales Agreement noting all particulars of the property transaction, and the contract can be registered by the Lands Registry Office to secure ownership for the buyer. Stage payments then follow as per the Sales Agreement until the delivery date of the property.

Our property payment terms apply to all our developments and depend on the work executed and value provided. The payment terms are shown below as a percentage of the purchase price:

  • Reservation Agreement signature: 5%
  • Sales Agreement signature: 25%
  • Foundation completion: 10%
  • Skeleton completion: 10%
  • Brickwork completion: 10%
  • Plastering completion: 15%
  • Tiling completion: 15%
  • Delivery and handover: 10%

Payments can be made via bank account transfer or Cyprus banker’s draft. Cash, Cyprus cheques and visa payments can also be accepted but only for the purposes of paying the reservation fee.

All our properties can be customized internally according to the requirements, tastes and preferences of our clients, always depending on the stage of construction.

VAT is an acronym for Value Added Tax, known in some countries as goods and services tax (GST), and is payable to the Tax Department of Cyprus. It is levied on the price of the property, and is payable upon the payment of each instalment at the percentage applicable at the time of payment. Currently, VAT on properties in Cyprus is 19%. However, a first time buyer in Cyprus can apply for the reduced rate of 5% on purchasing a property as long as the dwelling is used as the principal and permanent residence of the applicant.

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