Three Bedroom Apartment in Famagusta
Canakkale, Famagusta, North Cyprus
£115,000
Price verified 2 days ago- Property Ref: 1894
- Modern Low-Rise Design: Four blocks with only three floors each, offering a peaceful, community-oriented atmosphere.
- Spacious Layouts: Choice of 2+1 and 3+1 apartments, with only six units per floor—ideal for comfort and privacy.
- Resort-Style Amenities: Includes a large outdoor pool, basketball court, children’s playgrounds, landscaped gardens, and social relaxation areas.
- Smart Infrastructure: Central TV and internet systems, video intercom, generator, and dedicated hot water heaters in every unit.
- Prime Location: Close to Famagusta city center, beaches, and Ercan Airport, with easy access to main roads and public transport.
Facilities
Property Location
This project is located in Canakkale (Famagusta area).
- Supermarket 1 min
- Shopping Center 3 mins
- Restaurants 3 mins
- Bank 3 mins
- Beach 5 mins
- School 5 mins
- Famagusta Port 6 mins
- University 8 mins
- Larnaca International Airport 40 mins
- Ercan International Airport 55 mins
Payment Plan
- 35% Down payment
- 65% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (35%) £40,250
- Installments until key delivery (65%) £74,750
- Show 21 months installment plan
- Total amount £115,000
Additional Fees Calculator
- Property price £115,000
- VAT (5%) + £5,750
- Stamp duty (0.5%) + £575
- Title deed transfer + £13,800
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £139,625
Return on Investment (ROI)
Projected investment return of
£178,732 in 5 years
About the Project
Located just minutes from the vibrant center of Gazimağusa, this thoughtfully planned residential complex blends contemporary design with everyday comfort. Spanning 7,000 m², the development consists of four low-rise blocks—each with a ground floor plus two upper levels—offering a total of 72 apartments.
Designed to meet diverse lifestyle needs, the project features spacious 2+1 and 3+1 apartment options. Each floor hosts six units—two 3+1 and four 2+1 apartments—ensuring a well-balanced, peaceful environment.
This modern residential enclave is more than just a place to live—it’s a space designed for leisure and community. Residents can enjoy a large open-air swimming pool, basketball court, children's playgrounds, and expansive green zones with walking paths. Landscaped gardens and social seating areas provide the perfect backdrop for relaxation and connection.
Convenience is at the core of this development. A large open car park ensures that every resident has access to ample parking space. Central infrastructure systems include a generator, centralized water supply, and high-speed internet, supporting a seamless living experience. Every unit is also equipped with a hot water heater and access to a central TV system.
Security and comfort go hand in hand with a video intercom system in each apartment, allowing residents to screen visitors with ease.
With its strategic location, residents are just a short drive from Famagusta’s city center, shopping areas, restaurants, and the stunning Mediterranean coastline. Ercan International Airport is only 40–45 minutes away, making travel simple and convenient.
Combining modern architecture, functional design, and a wealth of social amenities, this development offers an ideal living space for families, professionals, or investors looking for a high-quality lifestyle in one of North Cyprus’ most dynamic regions.
WHY INVEST IN NORTH CYPRUS?
- North Cyprus has seen 79% property price increase in the past 3 years
- Rated as "#1 Beachfront Property Investment in The World" by Forbes Magazine in 2021, North Cyprus is one of the leading property investment hotspots in the Mediterranean
- Buying an off-plan property allows the buyer to pay approximately 20% below market value and pay in instalments over 12-36 months
- Buy-to-let is also a very attractive option yielding minimum 8% return
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