Carrington 55 is a completed boutique residential development located in the heart of Kyrenia, North Cyprus. Delivered in 2023 and comprising only 10 spacious apartments within a 5-storey block, the project offers exclusive city-center living with limited supply and long-term value stability.
Positioned just 1.5 km from the Mediterranean coastline and within walking distance of supermarkets, restaurants, schools, and public transport, Carrington 55 combines urban convenience with strong year-round rental demand in one of Kyrenia’s most established residential zones.
Boutique City Center Living in the Heart of Kyrenia
Boutique City Center Living in the Heart of Kyrenia
Carrington 55 is a completed boutique residential development located in central Kyrenia, North Cyprus. Built in 2023 and consisting of just 10 spacious apartments within a 5-storey block, the project offers exclusive city-center living with limited supply and strong long-term value stability.
Situated 1.5 km from the Mediterranean coastline and within walking distance of supermarkets, restaurants, schools, and public transport, Carrington 55 provides both lifestyle convenience and stable year-round rental demand in one of Kyrenia’s most established urban areas.
Project Location
Carrington 55 is located on Bedreddin Demirel Avenue, İslambey Street, in central Kyrenia. Its prime city-center position places residents within immediate reach of daily essentials and municipal services.
Key distances include:
• Sea: 1.5 km
• Beach: 1.8 km
• Bus stop: 80 m
• Nearest supermarket: 200 m
• Kyrenia Municipality: 800 m
• Akçiçek Hospital: 2 km
• University of Kyrenia: 3 km
• Girne American University: 4 km
• Kyrenia Harbour: 3 km
• Ercan International Airport: 47 km
• Larnaca International Airport: 80 km
The project’s central positioning ensures consistent rental demand from professionals, families, and long-term tenants.
Architectural Concept and Living Spaces
Carrington 55 consists of one 5-storey block with only 2 apartments per floor, creating a private and low-density urban environment. The project includes elevator access (Schindler), parking facilities, and generator infrastructure.
The development offers exclusively:
• 3 Bedroom Apartments
• 110 m² internal area
• 10 m² balcony
• Master bedroom with en-suite bathroom
The spacious 3+1 layout is designed for comfortable family living within the city center.
Construction and Infrastructure
Carrington 55 reflects Carrington Group’s focus on functional urban design and durable construction standards. The building includes elevator access, parking infrastructure, and generator support to ensure uninterrupted daily living.
The limited number of residences enhances privacy while maintaining practical access to city amenities.
Investment Potential and Rental Appeal
Central Kyrenia remains one of North Cyprus’ most stable rental markets due to consistent demand from university staff, professionals, and local families. As a boutique development with only 10 units, Carrington 55 benefits from limited supply within a prime urban zone.
Its 2023 completion status, strong location fundamentals, and structured payment plan position it as a secure asset for investors seeking predictable rental income and long-term capital preservation.
Payment Plan
Carrington 55 offers a flexible payment structure:
• 5,000 GBP, EUR, USD, or cryptocurrency deposit
• 50 percent down payment within 4 weeks
• Remaining 50 percent payable over 1 year with interest-free installments
This structured model allows buyers to secure a completed city-center property without traditional bank financing.
Developer
Carrington 55 is developed by Carrington Group, a family-run property developer with over 30 years of experience delivering residential projects across North Cyprus.
The company specializes in strategically selected locations, disciplined construction standards, and long-term investment-focused developments. All projects are supported by a 5-year structural warranty and a strong commitment to customer satisfaction.
Location
Payment Plan
Carrington 55 offers a structured and flexible payment model for buyers seeking a completed boutique apartment in central Kyrenia. A 5,000 GBP, EUR, USD, or cryptocurrency deposit secures the reservation for 4 weeks. Upon contract signature, a 50 percent down payment is required, and the remaining 50 percent can be paid over 1 year through an interest-free installment plan.
This short-term interest-free structure allows buyers to secure a ready city-center property without traditional bank financing
Why Invest?
Carrington 55 is located in the heart of Kyrenia, one of North Cyprus’ most stable and consistently demanded urban rental markets. Its central positioning within walking distance of supermarkets, schools, universities, hospitals, and public transport ensures strong year-round occupancy from professionals, families, and long-term tenants.
As a boutique development consisting of only 10 units, Carrington 55 benefits from limited supply in a prime city-center location. Completed in 2023 and positioned just 1.5 km from the Mediterranean coastline, the project offers immediate usability, predictable rental demand, and long-term value stability within the Kyrenia property market.
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