1+1 Apartment in Famagusta — North Cyprus Property SA-1-0532

North Cyprus property — 1+1 apartment for sale in Famagusta, fully furnished and located in the completed Uptown Park residential development by NorthernLAND. The apartment is situated in the centre of Famagusta, on the 5th floor, Block P, Apartment 5. It is suitable both for personal use and as an investment property with rental income.

The contractual area of the apartment is 56 m². The layout includes a separate bedroom, a living room with an open-plan kitchen, one bathroom with a shower, and a balcony.

The apartment is sold fully furnished and equipped with household appliances. The appliances include a refrigerator, washing machine, oven, hob, extractor hood and television. Air-conditioning units are also installed.

Uptown Park is a completed residential development in a convenient central location in Famagusta. The site offers an outdoor swimming pool, parking, a central generator, a hydrofor system and a satellite system. Supermarkets, restaurants, medical centres and Eastern Mediterranean University are located nearby. Glapsides Beach is approximately 2.9 km away.

This property is suitable for buyers looking for property for sale in Famagusta, North Cyprus real estate, a 1+1 apartment in North Cyprus, an investment property in Famagusta or a tenanted apartment.

Investment and rental information

The apartment is currently under a long-term rental agreement. The rental contract was signed between the apartment owner and the tenant, who is a private individual.

The rental was arranged through NorthernLAND Construction Ltd. The annual rent is USD 6,000, payable as a single payment. The current rental agreement is valid from 26 June 2026 to 26 June 2027.

The terms for transferring the existing rental agreement to the new owner will be agreed between the parties during the sale transaction.

When purchasing property – VELES Property, provides assistance with obtaining a residence permit and opening a bank account in Northern Cyprus.