Apartment by the Sea in North Cyprus for Sale – Modern Apartments in Karakol, Famagusta SA-2-0488

Apartment by the Sea in North Cyprus for Sale – Modern Apartments in Karakol, Famagusta

Real estate in North Cyprus near the sea is becoming one of the most attractive options for those looking for comfortable living and profitable investment opportunities. We offer modern apartments for sale in the Karakol area (Famagusta), located only 400 meters from the sea. This new residential project combines modern design, high construction quality, an excellent location, and attractive purchase conditions with an interest-free payment plan. Apartments in North Cyprus are ideal both for personal residence and as an investment opportunity for generating rental income.

The project offers 2+1 apartments with a size of 80 m² and 82 m². The modern residential building is designed for comfortable living and is located on a 500 m² plot. The building consists of 6 floors and includes only 22 apartments, creating a peaceful, private, and comfortable atmosphere for residents.

The completion date of the project is planned for May 2026, with a possible extension period of up to 6 months. Title type: Turkish Title Deed.

By purchasing property in North Cyprus, you receive:

✔ A private parking space for each apartment
✔ A modern video surveillance and security system
✔ A luxury-class elevator
✔ Elegant marble staircases
✔ Sound and thermal insulation construction
✔ A stunning sea view from your apartment windows
✔ Modern and practical design using high-quality construction and finishing materials
✔ PVC windows with double glazing
✔ Balconies with glass railings
✔ Built-in wardrobes in the entrance hall and bedrooms
✔ Built-in High Gloss kitchen
✔ Fully equipped bathroom with a tropical rain shower
✔ Strong steel entrance doors
✔ Suspended ceilings
✔ Building maintenance and management services

Additional services for property owners in North Cyprus:

Upon request, the following services are available:

✔ Assistance with obtaining a residence permit in North Cyprus
✔ Contract registration through a manager
✔ Opening a bank account
✔ Insurance arrangements
✔ Lawyer services
✔ Architectural design services
✔ Full apartment interior design and turnkey decoration
✔ Professional translation services

North Cyprus real estate investment with rental income opportunities

The management company offers professional rental management services for apartment owners:

✔ Short-term rental – 30% of the total rental income is charged as a management fee
✔ Long-term rental – 10% of the total rental income is charged as a management fee

The Karakol area is one of the attractive districts of Famagusta due to its proximity to the sea, developed infrastructure, and central location.

Nearby you will find:

• Eastern Mediterranean University (EMU) and educational institutions
• Public school
• Kindergarten
• Supermarkets
• Pharmacies
• Banks
• Beauty salons
• Port
• Sports club
• Football club
• Fish restaurant by the sea

The old fortress and historical sites are only a 5-minute drive away. City Mall Shopping Center is also located just 5 minutes away. The city center with branded shops, restaurants, and cafés is only 1 minute from the project.

Payment Plan – Example for a 2+1 Apartment

Special offer: £84,900

• Reservation deposit: £2,000 (valid for 1 month)
• Initial payment: 35%
• Second payment: 35% – interest-free installment plan for 2.5 years
• Key delivery + transformer fee: £2,000
• Remaining 30% after key delivery – interest-free installment plan for 1.5 years

If you are looking to buy an apartment by the sea in North Cyprus, invest in real estate in Famagusta, purchase a modern apartment in Karakol, or find a property in North Cyprus with flexible payment options, this project is an excellent opportunity for comfortable living, holidays, and long-term rental income.

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