Investment overview
Price Guidance
€95,000 – €165,000
1–2
Bedrooms
1
Bathrooms
1
Balconies
45–86 m²
Interior space
2
Blocks
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Leader
Alperen Yılmaz started at Alanya Eiendom in 2017, mastering the international real estate market from the ground up. In 2023, he earned degrees in engineering and real estate management. In 2026, he became CEO and owner. He combines engineering precision with professional real estate services and is committed to the highest standards in Turkey and a world-class experience for global clients.
Northern Cyprus continues to attract buyers who want a Mediterranean coastal address at a price point that mainland European markets have long outpaced. This two-block residential project sits 1.0 km from the sea, delivers unit sizes between 45 and 86 sqm, and includes a private garden as part of the standard specification - an arrangement that suits owner-occupiers and short-let landlords equally.
The project divides across two blocks, offering a compact but workable range from 45 sqm studio-format units up to 86 sqm mid-range apartments. At the lower end, 45 sqm is a realistic single-occupant or couple's footprint that performs well as a short-stay rental unit. At 86 sqm, the upper tier suits families or buyers prioritising a dedicated guest room. With two blocks on site, the overall scale stays human - fewer neighbours, quieter corridors, and a more manageable homeowners' community for overseas buyers who are not present year-round.
A 1.0 km separation from the sea is a walkable distance in a flat coastal zone - roughly 12 to 14 minutes on foot in average conditions. For a short-stay rental listing, that proximity is a booking argument. For an owner-occupier, it means daily beach access without a car. Northern Cyprus coastline combines clear water with significantly lower tourist density than the Turkish Riviera, which is a selling point for buyers who value quieter surroundings over infrastructure density. The 1.0 km figure is the verified data point; no sea view is claimed from the units, and buyers should confirm sightlines on site.
The spec list confirms aluminum windows alongside PVC windows - a combination that likely reflects different unit positions or glazing zones within the project. Both materials are low-maintenance and suited to coastal air. Granite kitchen countertops are included as standard, a surface that handles heat and moisture better than laminate alternatives common at this price tier. The kitchen cabinet fit-out is also included, meaning buyers receive a functional kitchen without additional joinery spend. Balconies are part of the unit design, and the electric water heater and hot water infrastructure are confirmed on-site. For buyers furnishing remotely, these pre-fitted elements reduce the fit-out budget meaningfully.
Prices run from €95,000 to €165,000, with the lower end representing 45 sqm units. Foreign nationals can purchase property in Northern Cyprus, though the legal framework differs from mainland Turkey's TAPU system. Buyers are advised to instruct independent legal counsel before exchange. For context on foreign property acquisition procedures in Turkish-administered territories, Invest.gov.tr provides a reference point on investment frameworks, while residence permit eligibility for property holders should be verified through goc.gov.tr. Our legal services team can coordinate due diligence for Northern Cyprus transactions including title search and contract review.
Buyers considering this project as a route to residence should confirm current Northern Cyprus permit thresholds directly, as these are set separately from mainland Turkish regulations.
The buyer profile splits into two clear groups. The first is the European or Scandinavian second-home buyer seeking an affordable coastal foothold with private outdoor space - the garden and barbecue area provision supports that use case. The second is the rental investor: 1.0 km sea distance, 24/7 security, and a fully fitted kitchen reduce vacancy risk and management complexity for short-let operators. The barbecue area and garden create communal outdoor amenity that differentiates the project from bare-bones budget apartments at the same price point.
Northern Cyprus sits outside the EU regulatory zone, which affects both the purchase process and the short-stay licensing environment. Buyers should confirm local rental permit requirements before committing to a yield-driven acquisition strategy. Browse available units or contact us through our Northern Cyprus property listings page for current availability across both blocks.
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