Buy a Studio in North Cyprus
The dreamlike island of North Cyprus is a sought-after travel destination and an attractive investment opportunity for studios and real estate. Whether you are looking for luxurious or budget-friendly accommodation, the North Cyprus property market offers a variety of options, from beach resorts to comfortable holiday homes. Whether as an investment property or as a relaxing retreat – North Cyprus has something to offer for every taste and budget.
This comprehensive guide highlights the best real estate in North Cyprus, including renowned projects, luxurious studios, beachfront locations, and further details on the North Cyprus property market prices. You will also receive valuable tips on the buying process, features, and working with real estate agents in North Cyprus. Be inspired by the diverse North Cyprus properties and find your dream studio on this fascinating Mediterranean island.
Renowned Projects
North Cyprus is a paradise for real estate investors and offers some of the most renowned projects with luxurious studios and apartments. An outstanding development is the project right by the sea with its own marina, beach cabanas, and hotel in the Gaziveren region. The apartments range in size from 34 m² to 57 m² with one bathroom each. The complex is just a minute away from the beach, supermarket, pharmacy, and restaurants.
Impressive outdoor facilities include a marina, harbor, beach cabanas, beach, sunset bar, water parks, pools, and sports facilities. Indoor facilities include a supermarket, restaurant/café, pharmacy, concierge service, parking, fitness center, spa, cinema, kindergarten, and other services.
Luxurious Beach Resorts
Other luxurious beach resorts in North Cyprus, such as the one in Kyrenia, offer a variety of property types, including studios, 1-bedroom apartments, and 2-bedroom lofts/duplexes with high-quality amenities.
| Project | Location | Prices (examples) |
|---|---|---|
| Aphrodite Wellness Resort | Gaziveren, Güzelyurt | Studios from £77,000 |
| Déjà Blue | Directly on the beach | Studios from £139,900, 1-bedroom from £180,000 |
The Aphrodite Wellness Resort in Gaziveren has a total of 604 units, including studios, 2-bedroom and 3-bedroom apartments. Déjà Blue, the newest project on the north coast of Cyprus, is located directly on the beach and offers breathtaking views of sunrise and sunset. Amenities include a clubhouse, golf course, wellness center, and indoor/outdoor pools.
Luxurious Studios
For buyers looking for a luxurious living option in North Cyprus, there are a number of attractive options. One of them is the 1+1 Studio Garden Apartment in Esentepe, with prices starting from £163,350. With a total area of 43 m² and an additional 10 m² terrace, this apartment offers a spacious ambience. It has one bedroom, one bathroom and is expected to be completed in 2025. Just 200 m from the beach and 10 km from the Korineum Golf Club, residents benefit from an ideal location.
The luxurious complex offers numerous amenities such as bespoke pools, barbecue areas, beach access, a restaurant, a gym, a spa, a mini market and a shuttle service to the golf club. The apartments are equipped with air conditioning, underfloor heating, TV infrastructure and a shower. The outdoor areas offer mountain views, sea views, a garden and a barbecue area. As a payment option, a 35% deposit is possible with subsequent interest-free monthly or quarterly installments until the end of 2025.
Similar offers include a 1+1 Garden Apartment in the luxurious Tatlisu beach resort from £244,500 and a 1+1 Garden Apartment in an exclusive beachfront project in Tatlisu from £232,250.
Budget-friendly Options
For travelers and investors looking for affordable accommodation in North Cyprus, there are a variety of budget-friendly options. The Courtyard Long Beach Resort Hotel in Iskele offers 50 studio apartments from €100 per night for 2 people. Another affordable and high-quality accommodation is Capar Apart, which offers studio apartments, although prices are not specified.
For those who want to buy their own property, there are some attractive offers:
| Property | Description | Price |
|---|---|---|
| Karaagac Luxury Villa | 3 bedrooms, sea view | £279,950 |
| Tatlisu Coast Garden Bungalow | 3 bedrooms | £169,950 |
| Luxury Garden Apartment | 2 bedrooms in the Karaagac nature reserve | £109,000 |
Studios and apartments in North Cyprus can often be purchased at very affordable prices, well below those of other destinations. This makes the region an attractive option for investors and buyers on a budget.
Beach and Coastal Locations
For those looking for beachfront property in North Cyprus, the Famagusta, Iskele/Long Beach and Kyrenia/Girne regions offer some of the best options. The Courtyard Long Beach Resort Hotel in Iskele is just a short walk from the island’s legendary beaches. It has 50 studio apartments that can be booked from €100 per night for 2 people.
Some studios offer amenities such as sea views, access to shared pools and proximity to beaches. Budget-friendly properties are located in Karaagac, Tatlisu and Karaagac, making them an ideal choice for beach vacationers or investors.
| Region | Popular Beaches |
|---|---|
| Famagusta | Glapsides Beach, Golden Beach |
| Iskele/Long Beach | Long Beach, Günbatımı Beach |
| Kyrenia/Girne | Alagadi Beach, Escape Beach Club |
The coastal regions of North Cyprus attract with stunning sandy beaches, crystal clear water and a variety of accommodation for every budget. Whether you are looking for a luxurious beach resort or a budget-friendly holiday apartment, the beaches of North Cyprus have something to offer everyone.
Investment Opportunities
North Cyprus offers attractive investment opportunities for real estate, especially in the area of studios and apartments. Real estate prices here are about three times lower than in other Mediterranean countries. Thanks to low prices and high demand for rental properties, returns of 10-12% are quite realistic.
There are also tax advantages for foreign buyers, as Cyprus is not a member of the EU Interest Taxation Directive. An example of a worthwhile investment is the studio apartments in the project, where the total price is £93,500. With a 35% deposit (£32,725) and a 65% (£60,775) payment installment over 43 months until handover, investors can benefit from this opportunity. Taking into account additional costs such as VAT, stamp duty and optional legal fees, the total price is £111,363.
The expected return for this property is £185,585 in 5 years, with a potential rental income potential of £11,220 per year. Forbes Magazine named North Cyprus the number 1 for beachfront property investment worldwide in 2021, with property prices rising 79% in the last 3 years.
Holiday Homes
North Cyprus is not only an attractive investment location, but also a popular destination for holidaymakers. The island offers a variety of holiday accommodation, ranging from luxurious villas to cozy bungalows and modern apartments. Whether you are looking for accommodation for a relaxing family holiday or a comfortable place to stay for a city break, North Cyprus has the right solution for every taste and budget.
Many of the holiday properties are located in the immediate vicinity of the beach and offer direct access to the beautiful coastal sections of the island. Particularly popular are the regions around Famagusta, Iskele/Long Beach and Kyrenia/Girne, which attract with their golden sandy beaches and crystal clear water. Here you will find a selection of holiday apartments that are the perfect starting point for your beach holiday.
| Accommodation type | Examples |
|---|---|
| Villas | Karaagac Luxury Villa (3 bedrooms, sea view) |
| Bungalows | Tatlisu Coast Garden Bungalow (3 bedrooms) |
| Apartments | Courtyard Long Beach Resort Hotel (studio apartments) |
Whether you choose a spacious villa, a cozy bungalow or a compact apartment, the holiday accommodation in North Cyprus impresses with its high-quality furnishings and numerous amenities such as pools, gardens and sports facilities.
Features and Amenities
The luxurious holiday accommodations in North Cyprus offer a variety of high-quality amenities and features that will delight even the most discerning guests. Many properties have private pools, whirlpools and saunas for pure relaxation and pampering. Gourmet kitchens with modern appliances of the highest quality make it possible to prepare your own meals or hire a private chef for a truly luxurious dining experience.
Spacious living areas with elegant furniture and breathtaking views create an atmosphere of peace and well-being. The bedrooms are equipped with luxurious linens, en suite bathrooms and spacious wardrobes. Outside, lush gardens, terraces and balconies often invite you to fully enjoy the natural beauty of the surroundings.
Many resorts offer access to exclusive amenities such as private beaches, golf courses and fitness centers to cater to the diverse interests and preferences of guests. State-of-the-art entertainment systems, smart home technology and high-speed internet ensure that you are always well connected and entertained. A competent concierge service and attentive staff are available for all your needs and guarantee a smooth and individual holiday experience.
Buying Process
When buying a property in North Cyprus, it is advisable to work with an experienced real estate agency like TEKCE. Thorough due diligence and legal checks are essential, as foreign buyers are only allowed to purchase a maximum of 1,338 m² of land. Obtaining the necessary government approval for the purchase can take between 3 and 12 months.
Financing Options
Financing options include developer-provided loans with down payments of 10-50% and interest rates of 5-13%, although bank financing can be more complex for foreigners. Many real estate companies such as ONE MEK Investment Company LTD and BelleReve Immobilien offer comprehensive services, including:
- Property sales
- Investment advice
- Organization of viewing trips
- Cooperation with lawyers, tax advisors and banks
| Service | Description |
|---|---|
| Viewing trips | Monthly viewing trips with developers for potential buyers |
| Individualized advice | Support in finding the perfect property based on customer requirements |
| Full service | Legal and financial advice throughout the entire purchase process |
By working with trusted partners, buyers receive expert guidance on all aspects of property acquisition in North Cyprus.
Is it worth buying a studio in North Cyprus?
In summary, North Cyprus offers a wealth of attractive real estate offers to suit every taste and budget. From luxurious beach resorts with extensive amenities to budget-friendly holiday apartments in idyllic locations – the variety is impressive. In addition, the region’s vibrant real estate market opens up lucrative investment opportunities with the potential for high returns.
When buying a property in North Cyprus, it is advisable to seek advice from experienced real estate experts. Careful due diligence and legal review are essential to ensure a smooth process. With the right support, buyers can find their dream studio or desired property on the beautiful island of North Cyprus and look forward to carefree enjoyment of the breathtaking nature and diverse leisure activities.
