2+1 Apartment in Famagusta, Northern Cyprus No. 226599

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.