169 539 $
Flat with 1 bedroom in Famagusta, Cyprus
Famagusta, Cyprus
GRAND SAPPHIRE RESORT, Block A, 1+1, 2nd floor, 55 sq. M. South facing, furniture and appliances, taxes paid. Grand SAPPHIRE RESORT, Block A, 1+1, 2nd floor, 55 sq. M. So...
Flat in Northern Cyprus. City - Famagusta
North Cyprus real estate by the sea is the perfect combination of comfort, modern technology and profitable investment opportunities. We offer to buy an apartment in North Cyprus in a new luxury residential complex in Yeniboğaziçi, just a few steps from the sea. Modern apartments with spacious balconies, private gardens and stylish architecture will be an excellent choice for permanent residence, holiday or investment in North Cyprus real estate.
The residential complex is located in one of the most attractive areas of North Cyprus — Yeniboğaziçi, just 10 minutes' drive from Famagusta and İskele. The area is known for its calm atmosphere, clean beaches, developed infrastructure and convenient transport connections.
In the immediate vicinity there are shops, cafes, schools and everything necessary for a comfortable daily life. Thanks to its successful location, this project is ideal for both permanent residence and seasonal holidays.
This exclusive residential complex is created for those who dream of living by the sea, enjoying nature and a high level of comfort. Luxury apartments are surrounded by green summer gardens and filled with the scent of blooming blue jasmine.
Each building includes only four apartments, which guarantees privacy, quiet and a cosy atmosphere. Spacious balconies and private gardens are ideal for relaxation, family evenings and outdoor dining.
The interiors are made in a modern style using high-quality materials. A well-thought-out layout, large panoramic windows and natural light create a feeling of spaciousness, lightness and comfort.
The project offers everything necessary for a comfortable life:
The project is under construction, and commissioning is planned for December 2026. Buyers are offered favourable instalments, which makes purchasing real estate even more affordable.
Buying an apartment in Yeniboğaziçi is an excellent opportunity to invest in new builds in North Cyprus, purchase a modern apartment by the sea and become a property owner in one of the most promising areas of the island.
✔ Real estate in North Cyprus by the sea
✔ New residential complex in Yeniboğaziçi
✔ A few steps from the beach
✔ Spacious balconies and private gardens
✔ Modern architecture and quality finishing
✔ Only 4 apartments in each building
✔ Instalments until completion of construction
✔ Project completion — December 2026
✔ Perfect for living and investment
In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Famagusta; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Cyprus finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Cyprus takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Famagusta short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (170 162 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Famagusta: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).