Buy apartment in Famagusta , apartment for sale in Famagusta

Buy Apartment in Famagusta, North Cyprus in 2025

Welcome to Famagusta, a captivating city on the eastern coast of North Cyprus, where ancient history meets modern Mediterranean living. If you're looking to buy apartment in Famagusta, you've come to the right place. This vibrant university city, known for its stunning Venetian walls, golden beaches, and the prestigious Eastern Mediterranean University (EMU), offers compelling opportunities for homebuyers and property investors alike. Explore our listings and find the perfect apartment Famagusta has to offer.

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Why Choose an Apartment for Sale in Famagusta?

Famagusta's real estate market is dynamic, attracting global interest for several key reasons:

• Affordability: Compared to other Mediterranean hotspots, Famagusta offers exceptional value, making property ownership more accessible.

• Lifestyle: Enjoy over 300 days of sunshine, beautiful sandy beaches, a relaxed pace of life, and a rich cultural tapestry.

• Investment Potential: Strong demand from students (due to EMU) and tourists creates excellent rental income opportunities. The market has also seen significant capital appreciation, especially for apartments.

• Strategic Location: With its deep natural harbour and proximity to Ercan International Airport (ECN), Famagusta is well-connected.

 

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Understanding the Famagusta Property Market

Recent years have shown notable growth in Famagusta's property sector, particularly for apartments. Key drivers include:

• Consistent Demand: A large international student population and a thriving tourism industry ensure steady demand for rental accommodation.

• Diverse Buyer Pool: Investors and lifestyle buyers from Turkey, Russia, the Middle East, Europe, and beyond are actively purchasing property here.

• New Developments: Significant activity in new-build and off-plan projects provides modern living options, often with attractive payment plans.

While the market is buoyant, it's essential to understand the unique context of North Cyprus. We always recommend seeking independent legal advice to navigate the purchasing process smoothly.

 

Types of Apartments Available in Famagusta

Whether you're seeking a compact studio or a spacious penthouse, Famagusta offers a wide variety of apartment options:

• Studios & 1-Bedroom Apartments: Ideal for students, singles, couples, or as buy-to-let investments targeting the rental market. Often found in Famagusta Centre and Sakarya, close to EMU.

• 2 & 3-Bedroom Apartments: Perfect for families, professionals, or those desiring more space. Available throughout the city and in developing areas like Yeni Boğaziçi.

• Penthouses: Offering premium living, often with large terraces and panoramic views.

• Resort-Style Apartments: Found in modern complexes, particularly in coastal areas like Tatlısu or near Long Beach (Iskele), featuring amenities like communal pools, gyms, and security.

Here's an indicative look at apartment types and potential price ranges based on recent market observations:

 

Note: Prices are indicative estimates based on Q1 2025 data and vary significantly based on exact location, size, condition, views, amenities, title deed status, and market fluctuations.

 

Popular Areas to Find an Apartment for Sale in Famagusta

• Famagusta Centre (Mağusa Merkez): The bustling heart of the city, close to shops, restaurants, and EMU. Primarily apartments, ideal for buy apartment in Famagusta for rental income.

• Sakarya: Adjacent to the centre, highly popular for student rentals due to its proximity to the university. Features many modern apartment Famagusta blocks.

• Yeni Boğaziçi: A growing suburban area near Salamis ruins and beaches. Offers a mix of modern apartments and villas, popular with families and investors seeking quieter surroundings.

• Tatlısu: A coastal region known for upscale, modern developments with sea views and resort amenities. Attracts lifestyle buyers and those seeking holiday lets.

• Tuzla: A developing residential area near the city, featuring many new-build villas and some apartment complexes.

 

The Buying Process for Foreign Nationals

Purchasing property in North Cyprus involves specific steps:

1. Appoint an Independent Lawyer: Crucial for due diligence and navigating the legal process.

2. Due Diligence: Your lawyer verifies the title deed, checks for encumbrances, and confirms permissions. Understanding the different types of title deeds (Pre-74 Turkish, Exchange/Esdeger, TMD) is important, and your lawyer will advise on the specifics of your chosen property.

3. Sales Contract: A formal agreement outlining terms, price, and payment schedule.

4. Stamp Duty & Registration: Pay 0.5% Stamp Duty and register the contract at the Land Registry within 21 days.

5. Permission to Purchase (P2P): Apply to the TRNC Council of Ministers (your lawyer handles this). This process takes several months but is standard procedure.

6. VAT & Transfer Tax: Pay 5% VAT on new builds and the 12% Title Deed Transfer Tax (in two 6% installments) for foreign buyers.

7. Title Deed Transfer: Once P2P is granted and payments are complete, the deed is transferred to your name.

Thorough legal guidance ensures you understand every step and associated cost when looking for an apartment for sale in Famagusta. 

Lifestyle and Amenities

Living in Famagusta offers:

• Healthcare: Access to public and private hospitals (private insurance recommended for expats).

• Education: Home to EMU and other institutions, plus primary/secondary schools.

• Transport: Good road links, local buses/taxis, and proximity to Ercan Airport (ECN).

• Leisure: Beaches, water sports, historical sites, restaurants, cafes, and cultural events.

• Cost of Living: Generally lower than in Southern Cyprus or Western Europe.

Find Your Ideal Famagusta Apartment Today

Famagusta presents a unique blend of history, lifestyle, and investment potential. Whether you seek a modern seafront residence, a convenient city-centre flat, or a buy-to-let property near the university, the opportunities are diverse. Explore our curated listings of apartment for sale in Famagusta and take the first step towards owning your piece of this Mediterranean gem.

 

Ready to Invest or Find Your Dream Home in Famagusta?

Trust-United is your dedicated partner in navigating the Famagusta real estate market. Our experienced team offers expert guidance, access to exclusive listings, and comprehensive support throughout your buying journey. Contact Trust-United today to discuss your requirements and discover the best apartment Famagusta properties available. Let us help you make a secure and rewarding investment.