Magnolia Residence [from $231500] | Iskele

Project Description

Magnolia Residence is a unique and modern residential complex located in the sought-after İskele district, offering a harmonious blend of elegance, comfort, and privacy on land with a Turkish title. The development features a diverse selection of 47 premium properties, including studios, apartments from 1+1 to 3+1, stylish loft units, spacious 3+1 townhouses, and luxurious 4+1 villas, all meticulously crafted with high-quality materials and thoughtful layouts. Residents can enjoy daily picturesque views within a secure, master-planned environment.

The complex provides an exceptional living experience with comprehensive infrastructure, including a 55m x 10m swimming pool, a children’s pool with slides, a gym, a minimarket, a cafeteria, and a dedicated electric vehicle charging station. Security is paramount, with 24-hour surveillance, controlled entry, and a guarded perimeter. Additional amenities such as a park with walking paths, a children’s playground, and a complimentary shuttle to the sea ensure a convenient and luxurious lifestyle. With construction set for completion in September 2025, Magnolia Residence is the ideal destination for those who value premium comfort and modern design.

Payment plan

Cost from 17 767 465 ₽

Terms and payment plans change regularly, our specialist will provide up-to-date information.

Initial payment

40%

Interest-free installment plan until the end of construction

60%

Location

İskele is a picturesque district located in Northern Cyprus, near the city of Famagusta. This area is famous for its beautiful beaches, perfectly suited for swimming and sunbathing under the Mediterranean sun. İskele also offers a variety of water sports, including diving and windsurfing. It is also a place with a rich history and cultural heritage, where you can see ancient monuments and ruins, such as the ancient city of Salamis. In the İskele district, you will find many restaurants and cafes where you can try traditional Cypriot cuisine and seafood.

Places nearby

An airport

45 мин.

Supermarket

1 мин.

Hospital

30 мин.

School

28 мин.

Kindergarten

28 мин.

Shopping centre

30 мин.

Places nearby

The Lapta Coastal Promenade

Kyrenia Castle

St. Barnabas Monastery

Cyprus Museum

Panah Construction

Panah Construction has established itself as a prominent and trusted building company in Northern Cyprus, renowned for delivering high-quality residential and commercial projects since its inception. With a strong focus on modern design, structural integrity, and timely completion, the company has built a diverse portfolio that includes luxury villas, contemporary apartment complexes, and commercial developments. Its reputation is built on a commitment to using premium materials and adhering to stringent construction standards, ensuring each project offers durability, aesthetic appeal, and lasting value for homeowners and investors.

Guided by a client-centered philosophy, Panah Construction emphasizes transparency, innovation, and customer satisfaction throughout every stage of development. The company combines extensive local expertise with a forward-thinking approach, integrating sustainable practices and smart technologies where possible to enhance living comfort and efficiency. By consistently meeting and exceeding market expectations, Panah Construction has secured its position as a reliable partner for those seeking premium real estate in Cyprus’s dynamic property market, catering to both end-users and astute investors looking for sound opportunities.