Townhouse in Northern Cyprus. City - Enibogazichi
North Cyprus real estate, especially ready townhouses and family homes in the Yeniboaziçi area, is one of the most in-demand formats for buying a home and investment. If you are looking for North Cyprus real estate by the sea, a modern 3+1 townhouse, a house near Famagusta, or a property with developed infrastructure and high rental potential, take a look at the offer in the Orchard residential project — this is a fully move-in ready option in a promising area.
The townhouse is located in the Yeni Boğaziçi area, just a 10-minute drive from the city of Famagusta and approximately the same distance from the popular Long Beach. The sea is only about 1 km away — a 5-minute drive. Within walking distance and a short transport ride are an English school and kindergarten, and the complex's own educational infrastructure is also developing nearby. This makes the property especially attractive for families looking for North Cyprus real estate for permanent residence.
The Orchard residential complex is under 24-hour security and offers a full range of on-site infrastructure: a restaurant, bar, fitness centre, tennis court, hammam with an indoor pool, as well as a grocery shop at the entrance to the complex.
The 3+1 townhouse has two floors and a total area of 183 m². On the ground floor there is a living room, kitchen and bathroom. On the second floor there are three bedrooms and two bathrooms. From the house there is access to a spacious roof terrace, where you can set up a recreation area, a BBQ system is already provided and solar panels are installed for water heating. There is also the possibility of connecting a smart home system and heating radiators; all necessary wiring has already been done.
Additional advantages of the property:
This is a fully ready-to-live-in townhouse that is ideal both for permanent residence and for investment in North Cyprus real estate with high rental potential.
The 3+1 townhouse in the Orchard complex is waiting for you!
When purchasing this townhouse — VELES Property provides assistance not only with obtaining a residence permit, but also a bank account, driver's licence, medical insurance, as well as help in choosing a car 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 Enibogazichi; 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 Enibogazichi 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 (392 832 $) 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 Enibogazichi: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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