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

Close to Beach Close to Beach
Private Beach Private Beach
Sea View Sea View

 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

3 Bedroom 3 Bedroom

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

Sea View Sea View
Close to Airport Close to Airport
Garden Garden

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

Market Market
Swimming pool Swimming pool
Children’s playgrounds Children’s playgrounds
Garden Garden
Garage Garage
Concierge 24/7 Concierge 24/7
Close to Beach Close to Beach

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

Yeni Iskele, North Cyprus

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.

Read more...

About DevoDirect

DevoDirect – properties direct from developers, with trust and transparency.