Flat 82 м² in Famagusta, Cyprus

Buy an apartment in Northern Cyprus by the sea – modern apartments in the Karakol area, Famagusta
Real estate in Northern Cyprus by the sea is becoming one of the most attractive destinations for investment and comfortable living. We offer to buy an apartment in the Karakol area (Famagusta) just 400 metres from the sea. The new residential project combines modern design, high quality construction, convenient location and favourable purchase conditions with interest-free instalments. Apartments in Northern Cyprus are suitable both for own living and for investment with the aim of earning rental income.

Modern apartments of the 2+1 layout with an area of 80 m² and 82 m² are offered in a new residential building. The project is located on a territory of 500 m², consists of 6 floors and includes only 22 apartments, which provides a comfortable and calm atmosphere for residents.

Completion of construction is planned for May 2026 with a possible extension of up to 6 months. The title deed type is Turkish Title Deed.

Main advantages when buying real estate in Northern Cyprus:

✔ Parking space for each apartment
✔ Modern video surveillance system
✔ Luxury class lift
✔ Elegant marble staircases
✔ Sound and heat insulation construction of the building
✔ Fascinating sea view from the apartment windows
✔ Modern practical design using quality construction and finishing materials
✔ PVC windows with double glazing
✔ Balconies with glass railings
✔ Built-in wardrobes in the hallway and bedrooms
✔ Built-in High Gloss kitchen
✔ Fully equipped bathroom with tropical shower
✔ Reliable steel entrance doors
✔ Suspended ceilings
✔ Maintenance of the residential building
Additional services for property owners in Northern Cyprus:
Available upon request:

✔ Residence permit application in Northern Cyprus
✔ Contract registration through a manager
✔ Opening a bank account
✔ Insurance arrangement
✔ Lawyer services
✔ Architectural design
✔ Turnkey apartment design
✔ Professional translator services
Investments in Northern Cyprus real estate with rental income
The management company offers to take the apartment under management for renting out:

✔ Short-term rental — commission 30% of the total rental amount
✔ Long-term rental — commission 10% of the total rental amount

The Karakol area is one of the convenient areas of Famagusta thanks to its proximity to the sea, infrastructure and historical attractions.

Within walking distance and quick transport accessibility are:

• EMU University and educational institutions


• State school


• Kindergarten


• Supermarkets


• Pharmacies


• Banks


• Beauty salons


• Port


• Sports club


• Football club


• Fish restaurant by the sea

In just 5 minutes by car you can reach the old fortress and historical places. The City Mall shopping centre is also a 5-minute drive away. The city centre with branded shops, restaurants and cafes is located just 1 minute from the project.
Payment plan – example for a 2+1 apartment
Special offer: £84,900

• Deposit — £2,000 (booking period 1 month)


• Down payment — 35%


• Second payment — 35% with the possibility of interest-free instalments for 2.5 years


• Receiving the keys + transformer connection (Trafo) — £2,000


• Remaining 30% after receiving the keys — interest-free instalments for 1.5 years

If you want to buy an apartment in Northern Cyprus by the sea, purchase real estate in Famagusta, invest in apartments in Karakol or find advantageous housing with instalments, this project will be an excellent option for living, relaxation and receiving stable rental income.