1 Bedroom Penthouse Loft, Terraca View, Küçük Erenköy

This one-bedroom Penthouse Loft at Terraca View combines 75 m² of internal space with a 50 m² terrace in Küçük Erenköy, on the low-density north coast of the Famagusta district. It carries a price of £189,950 and a completion date recorded as Summer 2025, with open sea views.

What does the Penthouse Loft include?

The penthouse holds one bedroom and two bathrooms across 75 m² inside, with a generous 50 m² terrace for open-air living. Air conditioning serves the interior, and residents share the pool, cabanas and barbecue areas at Terraca View.

The large rooftop terrace is the draw here, giving more exterior space than most penthouses for sale in Küçük Erenköy, and the development plans further amenities as it grows.

• Internal area: 75 m²
• Terrace: 50 m²
• Bedrooms: 1
• Bathrooms: 2
• Climate control: air conditioning
• Shared facilities: swimming pool, cabanas, barbecue areas
• Reference: TV-PL-01

Where is Terraca View located?

Terraca View stands on the Kyrenia mountain foothills at Küçük Erenköy, a low-density stretch of the Famagusta coast between Esentepe and Tatlısu. Kyrenia is around 31 km west, roughly 35 to 40 minutes by car.

Close to home, the year-round Satin Bay beach club runs cabanas and loungers beside the sandy bay, a short trip from the road onto the Karpaz peninsula.

• Kyrenia (Girne): about 31 km, a 35 to 40 minute drive west
• Famagusta (Gazimağusa) town: about 45 minutes south
• Ercan International Airport: about 45 to 50 minutes south
• Setting: between Esentepe and Tatlısu, below the Beşparmak range
• Outlook: open sea views

Is the Penthouse Loft a good investment?

At £189,950, with completion recorded as Summer 2025, the penthouse sits on an early-stage value coast. Over 300 sunny days a year support summer holiday lets, where peak-season demand puts gross yields at 5% to 7%.

Its terrace and sea views help the case for Famagusta property investment, where prices on this coastline remain below the more established resorts to the west.

• Price: £189,950
• Status: for sale
• Delivery: Summer 2025 (recorded estimate)
• Transfer fee: 9%
• VAT (new build): 5%
• Stamp duty: 0.5%
• Rental income tax: 10% flat

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