Modern Three-Bedroom Apartment near University in Gazimağusa
£269,000
£928/m²
- 3
- Bedrooms
- 2
- Bathrooms
- 290 m²
- Interior
- Apartment
- Type
- 28 Aug 2026
- Listed
The Habio take
This newly built three-bedroom apartment in Sakarya offers an excellent investment opportunity near Eastern Mediterranean University in Gazimağusa, Northern Cyprus. Ideal for both residential living and generating rental income, the property is conveniently located close to beaches and essential amenities.
- beach
- investment
- walkable
- city
- new build
Highlights
- Newly built apartment
- Proximity to Eastern Mediterranean University
- High-quality finishes and materials
- Potential for year-round rental income
- Close to beaches and essential amenities
Worth knowing
- Car recommended for accessing city centre and amenities
- Limited information on local transport options
Good fit for: Ideal for investors seeking rental opportunities or families looking for a modern living space.
Lifestyle scores
- Beach
- 70
- Walkable
- 60
- Remote work
- 70
- Family
- 60
- Retirement
- 55
- Airport access
- 65
- Investment
- 75
- Luxury
- 70
- Value
- 80
About this place
This investment apartment is situated in Gazimağusa, a coastal city on the east coast of Northern Cyprus, known for its appealing blend of touristic and academic qualities. Located in the Sakarya area, the apartment is strategically positioned just a few minutes from key locations such as Eastern Mediterranean University (EMU), Famagusta State Hospital, and Glapsides Beach.
With a spacious internal area of 290 m², this apartment features three bedrooms and two bathrooms, planned for diverse use cases, including student rentals and short-term vacation stays. The property boasts modern amenities including private indoor parking, elevator access, large balconies, and high-quality finishes throughout, including first-class materials, kitchen cabinets that reach the ceiling, marbleite countertops, built-in wardrobes, and premium ceramics.
Completing this project will ensure all essential technical infrastructure is in place, including a central satellite system, internet access, water pump, and a heating system. The prime location coupled with its well-appointed design makes this apartment a compelling option for both investors and homebuyers.
What this place offers
- air conditioning
- heating
- balcony
- storage
- furnished
- garage
- lift
Where you’ll be
North Cyprus, Cyprus
Exact location is confirmed by the agent on enquiry.
Buying property in Cyprus
The process of buying property in Cyprus requires careful planning and involves several legal steps. Foreign buyers should budget for associated costs such as stamp duty, legal fees, and transfer fees, which can vary based on the property's value and other conditions.
Foreign buyers must confirm details with a qualified local lawyer as there are differences based on citizenship, and laws can change.
Recent adjustments include the introduction of a 0.4% seller's fee for the Central Agency for Equal Distribution of Burdens.
Sources consulted (2026-07-27): - Purchasing Property - Ministry of Interior - Gov.cy: https://www.gov.cy/moi/en/purchasing-property/?utm_source=habio - Εργαλείο υπολογισμού Φ.Π.Α. 5% για αγορά/ανέγερση κατοικίας - Tax For All - Gov.cy: https://www.gov.cy/mof-tfa/documents/ergaleio-ypologismoy-f-p-a-gia-agora-anegersi-katoikias/?utm_source=habio
Always check the latest legal requirements and fees.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
