New construction properties in Famagusta

The city of Famagusta is located on the west coast of Northern Cyprus. It is the cultural and historical center of the island. Some of the most famous sights are located here, and the picturesque nature amazes with its beauty and unique seascapes. You can buy a real estate in Famagusta now, using our offers from developers.

Reasons to Buy Real Estate in Famagusta

One of the key factors driving the growth of the property market in Famagusta has been the increasing demand for secondary housing and holiday homes. The city has a Mediterranean climate with warm, sunny summers and mild winters, making it an attractive destination for those looking to escape the lingering cold of Northern Europe. Well-kept beaches, historical sites and a lively cultural life also make Famagusta a popular destination for tourists and wealthy migrants.

Many foreign buyers, especially from countries such as the UK and Turkey, are attracted by the sunny weather and lower cost of living compared to other European countries. Relatively low property prices and high potential rental income are equally important criteria.

Property in Famagusta will be a reliable asset for foreigners who plan to use the property as a source of passive income. In the beach season, the city has a lot of holidaymakers, in winter digital nomads like to come here. Therefore, investment in property in Famagusta is promising due to the developed tourist industry and high rental profitability.

In the city center the average annual yield is 10.91%, in other districts - 14.69% per year.

Contact us to make a profitable deal while buying real estate in Famagusta. We will help you find apartments or villas in compliance with your financial features and demands.