Magnolia Residence
Magnolia Residence offers modern coastal living just 900 meters from the Mediterranean in Iskele, North Cyprus, with spacious homes, full amenities and smart investment value.
Project ID
NCP-165
Delivery
September, 2025
Unit Types
Villa
Floor Types
Garden Floor
Bedrooms
3 and 4
Baths
1 and 2
Price
€ 485,550 To € 579,150
Area
312 To 384 sqm
About Magnolia Residence
Private Beach
Located just 900 meters from the seaMagnolia Residence is a modern coastal community in Iskele, Northern Cyprus,. Developed by Panah Construction with a 5-year building guarantee, it combines resort-style amenities with premium energy-efficient design. Perfect for families and investors seeking a coastal villa for sale in North Cyprus or a secure North Cyprus real estate investment.
Key Points:
- Only 900 meters from the beach
- Mixed-use project: villas and apartments
- Developed by Panah Construction with 5-year building guarantee
- Built with energy-saving materials & full modern infrastructure
Available Apartment Types
Magnolia Residence offers a mix of thoughtfully designed properties with quality finishes, ideal for lifestyle buyers and international investors looking to buy property directly from developer in North Cyprus.
- 3-Bedroom Villas
- 4-Bedroom Villas
Location Highlights
Located in Yeni Boğaziçi, Iskele, Magnolia Residence provides both convenience and comfort, with quick access to schools, hospitals, and leisure facilities. Ideal for buyers searching for investment property in North Cyprus close to the sea.
- 900 m to the Sea
- 450 m to Aventus Residence
- 1 km to Merit Hotel & Casino
- 1.3 km to Hospital
- 1.2 km to School
- 300 m to Bank
- 500 m to Police Station
Facilities
The project delivers a resort-style lifestyle, combining relaxation, wellness, and family-friendly infrastructure—making it one of the strongest choices for property investment in North Cyprus.
- Minimarket and cafeteria
- Large 55×10 m swimming pool & children’s pool with slides
- Gym & fitness facilities
- Electric car charging station
- Kid’s playground & park zone with walking trails
- Shuttle service to the beach
- 24/7 gated security with CCTV
Payment Plans
Down Payment
35%
Delivery Date
September 2025
Installments Plan
24-Month
Ownership is simple and flexible: secure with a £5,000 deposit, followed by 35% down payment within one month, 45% in installments until key handover, and the final 20% payable one year after handover. A transparent and reliable way to buy direct from developer in North Cyprus.
Location
About the developer
Panah Construction is a North Cyprus developer specializing in modern, earthquake-resistant homes designed for both living and investment. With six projects in İskele and Yeni Boğaziçi, the company offers villas and apartments featuring smart layouts, flexible payment plans, and strong rental potential.
About DevoDirect
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