Property for Sale in Famagusta

8 active listings

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Apartments, Villas & Houses for Sale in Famagusta

Famagusta, facing the Eastern Mediterranean, is known for EMU university and its historic walls. The student rental market is very active. On Evlek there are currently 8+ active listings for sale in Famagusta (including residential, land and commercial). A residential median is not shown yet — the GBP sample is still small; land and commercial listings are excluded from the residential summary.

Popular Districts for Buyers in Famagusta

Popular districts for buyers looking for property for sale in Famagusta: Çanakkale (£40,000-£100,000), Tuzla (£50,000-£120,000), Sakarya (£35,000-£90,000), Baykal (£45,000-£110,000), Gülseren (£30,000-£80,000), Famagusta Center (£45,000-£120,000), Yeniboğaziçi (£40,000-£110,000), Varosha Vicinity (£50,000-£150,000), Tatlısu, Küçük Erenköy.

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Frequently Asked Questions

What are property prices in Famagusta?
In Famagusta, apartment prices start from £40,000 while villa prices can reach £500,000. Typical ranges: 1+1 £60-120K, 2+1 £100-200K, 3+1 villa £180-350K.
Can foreigners buy property in Famagusta?
Yes, foreign nationals can buy up to 3 apartments OR 2 villas in TRNC (Law 16/2025). Council of Ministers PTP (Permission to Purchase) required — typically 6-12 months. TR citizens can own up to 6 apartments / 3 villas.
What title deed types exist in Famagusta?
Turkish Title (TK): Safest, pre-1974 Turkish ownership. Equivalent Deed: Post-1974 exchange. Allocation: State-granted, restricted. TK preferred for foreign buyers. See our Title Deed Types guide for details.
What taxes apply when buying in Famagusta?
Title transfer fee: 6% of declared value (within 75 business days). VAT 5% on new construction. Stamp duty 0.5%. Annual property tax: £100-400 by m². Rental income tax 13% (TRNC resident).
What's the best area for investment in Famagusta?
Use our investment tools: Price Index, Investment Calculator. Generally, coast/university-proximate districts yield 7-12% gross rental. Evlek's district comparison pages offer detailed analysis.