Flat in Northern Cyprus. City - Famagusta
If you are interested in North Cyprus real estate, buying an apartment by the sea at an affordable price, modern apartments in a quiet area, or investing in North Cyprus real estate — take a look at this cozy 2+1 apartment in the Yeni Boğaziçi area. The new residential complex is located just 5 minutes from the sea and is ideal for permanent living, holidays or renting out the property. This is an excellent opportunity to buy an apartment in North Cyprus in an ecologically clean area near Famagusta at a favorable price.
Welcome to a modern residential complex in Yeni Boğaziçi — one of the most comfortable and green areas of North Cyprus. Here you will find a calm atmosphere, tranquility, clean air and magnificent nature. This place is ideal for those who want to live near the sea, enjoy nature and comfort away from the city bustle.
The complex offers well-developed infrastructure for a safe and comfortable life. Residents have access to 24-hour security, a 24/7 video surveillance system and a backup generator. The territory of the complex is landscaped with beautiful greenery, creating a cozy resort atmosphere.
The main recreation area will be a large communal pool with a equipped relaxation area, sun loungers and umbrellas. The small format of the complex makes living especially comfortable and private.
All buildings are made in a modern high-tech style with spacious layouts and quality materials. The complex combines modern architecture, coziness and a high level of comfort for living in North Cyprus.
The offered apartment has an area of 105 m² and includes 2 spacious bedrooms, 2 bathrooms and a bright living room combined with a kitchen area. The thoughtful layout creates a sense of space and coziness, making the apartment an ideal option for a family, holidays or investment in North Cyprus real estate.
Completion of construction is scheduled for 2026.
The apartment in a cozy complex in Yeni Boğaziçi is already waiting for you — discover comfortable living by the sea in North Cyprus!
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 (239 848 $) 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).
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