Purchase of a penthouse in Northern Cyprus: sale, price, video review in Iskele, Nicosia, Girne, and Famagusta

Buying a penthouse in Northern Cyprus is a great option to invest in real estate and earn income from renting out an apartment or settling on the sea yourself. This type of housing –a penthouse – in this case, stands apart.

A terrace, which differs penthouse from ordinary apartments, allows you to estimate the view of the sea at most and combine the comfort of a secluded home with the bustling life of the metropolis, to which many are accustomed and without which they cannot imagine existence.

Of course, the price for such apartments is higher than for ordinary ones in the same residential complex with the same number of rooms and bedrooms. Even though the area may be the same, the sea and mountain views are worth the price increase, especially in the case of investment housing. T

Such apartments mean that during the day, you can safely do business or go to work, and in the evening, you can relax in the spa complex or enjoy the beautiful view. At the same time, an open terrace, a high floor, and clean air will create the illusion of your own home, which is not easy to achieve in an apartment building. Therefore, penthouses are popular with both buyers and tenants of real estate.

A penthouse in Cyprus can be a one-, two-, or even three-story view apartment, with the total area starting from 100 sq. m. Such apartments do not imply a plot because they are on the upper floors of buildings but have all the necessary equipment and infrastructure.

BUY AN APARTMENT IN NORTHERN CYPRUS ON THE CHEAP – APARTMENT PRICES IN NORTHERN CYPRUS

Prices for penthouses in Northern Cyprus start at about 72 thousand dollars – at the current rate, this is about 4 million rubles. Especially for you, we have selected several attractive offers that our company is ready to propose to our customers. The selection contains exactly penthouses, but you can look for any other type of property here. Often a more budget-friendly alternative to a penthouse is a studio – it might be worth considering such projects.

Penthouse in Esentepe (Kyrenia, Northern Cyprus). Total area – 120 sq. m. Number of rooms – 3, number of bedrooms – 2. Sea view, 700 m to the beach, located in a resort complex with a swimming pool. Installment. Free sale, secure deal.

Penthouse in Nicosia (Northern Cyprus). Total area – 125 sq. m. Number of rooms – 3, number of bedrooms – 2. The object is 25 minutes by car from the sea, and the road to Kyrenia and the airport takes about 30 minutes. This is an offer for those who want to be in the center of business life. Possible installment. Free sale, secure deal.

Penthouse in Bafra (Famagusta, Northern Cyprus). Total area – 139 sq. m. Number of rooms – 3, number of bedrooms – 2. Sea view, 100 m to the coastline, private beach. The object is in a resort complex. Indoor and outdoor pool, hammam, and excellent spa services. Installment, credit. Free sale, secure deal.

Hot offer! Penthouse in Alsancak area (Kyrenia, Northern Cyprus). Total area – 185 sq. m. Number of rooms – 4, number of bedrooms – 3. Private terrace overlooking the sea with an area of ​​60 sq. m. Sea view, 100 m to a private beach, located in the resort. Indoor and outdoor pool, hammam, and excellent spa services. A rare project even for Cyprus. Installment, credit. Free sale, secure deal.

AFFORDABLE AND COMFORTABLE REAL ESTATE IN NORTHERN CYPRUS – MAIN QUESTIONS

We have collected the questions in the social networks of the Russians, who consider Northern Cyprus a new homeland or a place for investment.

Can you buy an apartment in Northern Cyprus?

Moreover, real estate in Northern Cyprus is one of the most affordable in the region. Northern Cyprus gladly accepts Russians despite any sanctions. When you buy real estate for a definite value and above, it provides a residence permit. As a rule, they offer buyers an attractive installment plan or a soft loan

Many real estate agents in Cyprus understand Russian perfectly, and there will be no language barrier while making a deal.

Why is there cheap accommodation in Northern Cyprus?

Cyprus is a pearl of the Mediterranean, and it would seem that real estate in Northern Cyprus cannot be cheap. However, due to political and economic reasons, the Northern Cyprus market has to be undercut.

Russians are not very worried about the disputes between Northern and Southern Cyprus, and many believe that the lower price of housing is sufficient compensation for living in a country with the status of an unrecognized republic and for the associated minor bureaucratic inconveniences.

In addition, Northern Cyprus has extremely loyal tax laws – they never request where you get the money to buy a home, unlike almost all EU countries. The currency also does not matter – you can pay in British or Cypriot pounds, Turkish lira, and US dollars. A significant advantage is a residence permit issued when buying apartments or villas.

Where is the best place to live in North Cyprus?

It depends on your personal preference. You can look for accommodation in large cities, business centers, such as Nicosia and Kyrenia, on the coast and in resort areas, for example, in Famagusta and the surrounding area, or right on the coastline in the Long Beach area, or the mountains. It all depends on your plans for real estate.

Where is the cheapest accommodation in Cyprus?

The cost of a dwelling depends not on its location but mostly on its condition, area, infrastructure, availability of a plot of land, and other characteristics. The price for an apartment, penthouse, suite or villa is approximately the same in the whole country.

Of course, the cheapest offers are on the secondary market, but purchasing such housing is not always profitable – you need to evaluate the condition of the purchased property carefully. An apartment, suite, or villa may be in such a state that its renovation will "eat up" the possible benefits for many years ahead.

VILLAS AND HOUSES IN NORTHERN CYPRUS

An alternative to a penthouse can be a villa or a house in Northern Cyprus. Villas, cottages, and other such projects are often a better option for those looking for accommodation – they are not much more expensive and sometimes cheaper than a good penthouse but provide the buyer with more comfort.

HOUSE IN NORTHERN CYPRUS – THE SUNNIEST ISLAND OF THE MEDITERRANEAN SEA

A spacious house in the town of Alsancak (Kyrenia/Girne) is one of the best offers on the site. Area – 190 sq. m., rooms – 6, bedrooms – 4, house with a plot of land, a short distance from the sea. It has all the necessary equipment but needs a few cosmetic repairs.

Type - villa in the city of Alsancak (Kyrenia). Area – 124 sq. m., rooms –3, bedrooms – 2, 300 m from the sea. Installment and purchase on credit are possible. Relatively small but comfortable for living or renting out. Completely ready to be moved in.

Type – a semi-detached villa in Karsiyaka (Kyrenia), located in a well-maintained cottage village. Area – 140 sq. m., rooms – 5, bedrooms – 2, 600 m from the sea. Swimming pool. Installment: 50% down payment, the remaining half – within 12 months.

Type of villa – a semi-detached villa located in a resort complex in the city of Famagusta. House area – 182 sq. m., rooms – 4, bedrooms – 3, 300 m from the sea, swimming pool on the complex's territory. Installment or purchase on credit is possible. It is a real option for real people.