WPCS 2.2.0.5
"The Olea Residence"

2 BR penthouse "The Olea Residence"

Facility Characteristics

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Developer: NOYANLAR CONSTRUCTION

Real estate market: Primary

Property Type: Penthouse

Handover: 2025

Rooms: 2 BR penthouse

Living area: 78 m²

Terrace area: 91 m²

Location

Places nearby
Airport
26 min
Supermarket
8 min
School
5 min
Kindergarten
15 min
Hospital
25 min
Shopping center
10 min

Payment plan

Cost from $159 545
Terms and payment plans change regularly, our specialist will provide up-to-date information.
Initial payment
30%
Before receiving the keys
40%
Installment plan for 12 months after receiving the keys
30%
Calculate the payment

Additional features

🏠 Luxurious 2-Bedroom Penthouse at The Olea Residence

Experience the perfect blend of Mediterranean serenity and modern luxury with this stunning 2-Bedroom Penthouse in the exclusive The Olea Residence. Nestled in the picturesque and authentic town of Gecitkale, Northern Cyprus, this property offers an expansive living experience. A magnificent total of approximately 169 m², featuring a spacious interior of 78 m² complemented by an extraordinary 91.00 m² of balcony/terrace space. This is a true penthouse designed for those who value outdoor living and breathtaking views.

📐 Exceptional Layout & Architecture

The floor plan is meticulously designed to provide both privacy and grand communal spaces:

  • Expansive Living & Dining: A generous 23.00 m² Living Room seamlessly flows into a semi-separated 10.80 m² Kitchen, creating a perfect environment for entertaining.

  • Private Quarters: Two well-proportioned bedrooms (13.00 m² and 13.50 m²) are tucked away from the main living area. The primary bedroom features a private 4.00 m² En-suite bathroom, while a second 4.50 m² Guest Bathroom serves the rest of the home.

  • Outdoor Paradise: The highlight of this penthouse is the massive 61.00 m² main balcony off the living area and a secondary 30.00 m² balcony accessible from the bedrooms.

  • Smart Design: With multiple large windows and corner positions, the apartment is bathed in natural light and offers cross-ventilation, ensuring a fresh and bright atmosphere year-round.

🎯 A Perfect Match For

  • Families with Children: Gecitkale is known for its peaceful, safe, and authentic environment. The layout provides the necessary privacy for parents while the massive terraces offer a safe, private space for children to play outdoors.

  • Investors: The Olea Residence represents a unique investment opportunity in an emerging market. Gecitkale is gaining popularity for its “Slow City” (Cittaslow) vibes, attracting a niche market of long-term tenants and expats, ensuring high demand and steady value appreciation.

  • Nature & Peace Seekers: Ideal for those who want to escape the hustle of the city while remaining within a short drive to both the northern coast and the city of Famagusta.

📍 Infrastructure & Lifestyle

Living in Gecitkale offers a unique Mediterranean charm. You are surrounded by olive groves and local traditions, yet you are never far from convenience. Local shops, traditional markets, and essential services are all within reach. The residence is strategically located for easy access to the Ercan Airport and the stunning beaches of the eastern coast. Whether you are enjoying a morning coffee on your 51-meter terrace or exploring the nearby nature trails, The Olea Residence provides a lifestyle of tranquility and prestige.

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