Apartments for Sale in the Cordelia Project in North Cyprus
Explore all living options
Cordelia Sea View Residences – A Block No:12 1+1 Roof Terrace Apartment
Cordelia Sea View Residences – A Block No:11 1+1 Apartment
Cordelia Sea View Residences – A Block No:13 1+1 Apartment
Cordelia Sea View Residences – A Block No:15 1+1 Apartment
Cordelia Sea View Residences – A Block No:14 1+1 Apartment
Let Us Call You
Leave your information and we'll call you as soon as possible.
Cordelia Sea View Residences – B1 Block No:6 1+1 Roofe Terrace Apartment
Cordelia Sea View Residences – B1 Block No:7 1+1 Roof Terrace Apartment
Cordelia Sea View Residences – A Block No:10 1+1 Apartment
Cordelia Sea View Residences – B1 Block No:5 1+1 Roof Terrace Apartment
Cordelia Sea View Residences – B1 Block No:8 1+1 Apartment
Cordelia Sea View Residences – B2 Block No:6 1+1 Apartment
Apartments for Sale in North Cyprus & Property Investment Opportunities
Are you ready to claim your place in the Mediterranean’s fastest-appreciating real estate haven?
The market for apartments for sale in North Cyprus isn't just about buying a holiday home; it is an opportunity to secure your future in British Pounds (GBP). With new property laws updated in 2024 making the sector safer, more transparent, and more profitable than ever, North Cyprus offers a luxury lifestyle at prices 40% lower than Spain or Dubai.
Whether you are looking for a beachfront holiday home or a high-yield buy-to-let investment, this guide will lead you step-by-step to a profitable purchase, ensuring you buy at the right time and the right price.
Why Buy an Apartment in North Cyprus Now?
Do you need a "Plan B" to protect your wealth against global economic volatility? Buying an apartment in North Cyprus offers you a European-standard lifestyle combined with passive income in a hard currency.
Unique Advantages of Investing in North Cyprus Real Estate
Hedge Against Inflation (Sterling Security): Unlike Turkey or other countries using volatile local currencies, the North Cyprus property market trades entirely in British Pounds (GBP). Your property value, rental income, and resale price are indexed to Sterling, protecting your assets from inflation.
High Capital Appreciation: Particularly in the Iskele Long Beach and Esentepe regions, properties purchased at "off-plan" (launch) prices have the potential to appreciate by 30% to 50% by the time keys are handed over, driven by rising construction costs and limited land supply.
Safe Haven: As one of the safest countries in Europe with incredibly low crime rates, North Cyprus promises a peaceful environment for you and your family.
Lifestyle, Climate, and Attractive Cost of Living
With 320 days of sunshine a year, organic farm-to-table food, and a stress-free life without traffic jams, living in North Cyprus isn't just about cutting costs—it's about upgrading your quality of life.
Compared to the UK, South Cyprus, or popular European resorts, your purchasing power here is 40% to 50% higher. You get European-quality healthcare and education at a fraction of the cost. This allows you to live "like a King" on your pension or rental income.
North Cyprus vs. UK/Europe Cost of Living Comparison
Based on Numbeo 2024-2025 data and local market research.
| Expense Item (Product/Service) | North Cyprus (Average) | UK / South Cyprus | Savings |
| Dinner for Two (Fine Dining) | £35 - £45 | £80 - £120 | 60% Cheaper |
| Private School Fees (Annual) | £4,500 - £7,500 | £15,000 - £25,000 | 70% Cheaper |
| Private Specialist Doctor Visit | £30 - £40 | £150 - £200 | 80% Cheaper |
| Fuel (1 Litre Petrol) | ~£1.00 - £1.10 | ~£1.50 - £1.70 | 35% Cheaper |
| Annual Property Tax | £25 - £50 (Per Year!) | £2,000+ (Council Tax) | 98% Cheaper |
| Basic Grocery Basket (Organic) | £40 (Weekly) | £80 - £100 | 50% Cheaper |
Investor Note: As seen in the table, the biggest savings are in fixed costs (Property Tax, Education, Health). This leaves more disposable income for travel, hobbies, or reinvestment.
Where Luxury is the Standard:
Things considered "luxury" in London or Berlin—like organic eating, dining out multiple times a week, or membership at a beach club—are standard parts of a middle-income lifestyle in North Cyprus.
High Rental Demand & Tourism Boom
The opening of the new Ercan Airport terminal and massive hotel investments (new Casinos and 5-star hotels) have multiplied tourist arrivals. This has created a massive demand in the short-term rental market (Airbnb/Booking). With occupancy rates exceeding 90% in the summer season, investors enjoy excellent cash flow in foreign currency.
North Cyprus Real Estate Market Overview
The market is no longer building just "blocks of flats"; it is building "Lifestyle Resorts." Investors now demand hotel-concept residences with pools, spas, and gyms. North Cyprus projects offering 7-star hotel services (Concierge, shuttle service, kids' clubs) are easier to rent out and sell faster on the secondary market. New regulations have curbed speculation, placing the market on a solid foundation for genuine investors.
Apartment Types & Profitability Analysis
What is your strategy? Quick cash flow or long-term wealth accumulation? Every apartment type in North Cyprus has a different financial character.
2025 Market: Yield and Cost Table by Apartment Type
Data based on averages from 50+ active projects in Iskele, Kyrenia, and Esentepe.
| Property Type | Avg. Price Range (GBP) | Avg. Size (m²) | Annual Rental Yield (ROI) | Amortization Period | Best For... |
| Studio | £85,000 - £110,000 | 35 - 48 m² | 8% - 12% (Short Term) | 9 - 11 Years | Cash-Flow focused investors. |
| 1 Bedroom (1+1) | £115,000 - £150,000 | 55 - 70 m² | 7% - 9% | 11 - 13 Years | Liquidity seekers; easy to buy/sell. |
| 2 Bedroom (2+1) | £160,000 - £220,000 | 80 - 105 m² | 6% - 7% (Long Term) | 13 - 15 Years | Retirement plans & holiday homes. |
| 3 Bedroom (3+1) | £230,000 - £350,000+ | 120 - 160 m² | 5% - 6% | 16+ Years | Stability & city living (Kyrenia/Nicosia). |
| Penthouse | £350,000 - £1M+ | 150 m² + Terrace | 10%+ (Luxury) | Variable | Prestige & High Capital Gain. |
Studio Apartments for Sale
"Minimum Capital, Maximum Rent."
Known as the "Airbnb Factories" of North Cyprus, these are mostly found in hotel-concept resorts in Iskele Long Beach.
Why Buy: Lowest maintenance and furnishing costs. Tourists prefer renting your luxury studio for £60-£80/night over paying £150 for a hotel room.
Tip: A pool-view studio often generates more income than a 2-bedroom unit facing the back.
1+1 Apartments (The King of Liquidity)
"The Wild Card of the Market."
The top choice for both holidaymakers and young expats living on the island.
Why Buy: Highest transaction volume. If you need liquid cash, this is the easiest property type to sell quickly.
2+1 Apartments (Lifestyle & Comfort)
"The Retiree's Choice."
Appeals to end-users rather than pure investors. En-suite bathrooms and large terraces are usually standard.
Why Buy: Ideal if you don't want the hassle of weekly check-ins/outs. You attract stable, long-term families who pay annually upfront.
Penthouse & Loft Apartments (Elite Investment)
"Limited Supply, Unlimited Prestige."
A project may have hundreds of units, but only a handful of Penthouses. This Scarcity Principle drives up their value faster than any other type.
Why Buy: Wealthy tourists will pay £200-£300 per night for a rooftop jacuzzi unit.
Best Regions to Buy Property in North Cyprus
In real estate, "Location is Destiny." However, every region in North Cyprus pays in a different "currency"—some pay in high rent, others in high capital appreciation.
2025 Regional Comparison Table
| Region | Investment Character | Avg. Price per m² (GBP) | Est. Annual Appreciation | Rental Potential | Target Audience |
| Iskele & Long Beach | Cash Cow | £1,800 - £2,400 | 10% - 15% | Very High (Short Term) | Tourists, Investors. |
| Kyrenia (Center) | Stability & Prestige | £2,200 - £3,500 | 8% - 10% | High (Annual/Upfront) | Business, Students, Expats. |
| Esentepe | Luxury & Capital Gain | £2,000 - £2,800 | 15% - 20% | Medium-High (Seasonal) | Golfers, European Retirees. |
Iskele & Long Beach
"The Miami of the Island."
Ranked #1 by Forbes for Beachfront Investment. Home to high-rise residences with 5-star amenities.
Opportunity: Your apartment is essentially a functioning hotel room. 95% occupancy in summer. Proven 40% appreciation from launch to completion.
Kyrenia (Girne)
"The Heart of the Island."
The brand city of North Cyprus. Historic harbour, universities, and casinos.
Opportunity: Limited land supply in the center keeps values high. Zero risk of vacancy due to student and white-collar demand.
Esentepe
"Quiet Luxury: Golf and Nature."
Home to the Korineum Golf & Beach Resort. Zoning laws here restrict heights to 2 floors, ensuring views are never blocked.
Opportunity: Dominated by Scandinavian and British investors, driving prices up in Euro/Sterling. "Garden Apartments" here appreciate 20% faster than average.
Seafront & Sea View Apartments
Important: You cannot manufacture more coastline.
Seafront properties are the most valuable assets due to strict zoning laws that protect the shoreline.
Rental Premium: Sea-view units command 25-40% higher rent.
Resale: Even in economic downturns, frontline properties always find buyers.
Off-Plan Projects vs. Resale Properties
Off-Plan Advantage: Buy at 25-30% below market value. Benefit from interest-free payment plans directly from the developer.
Resale Advantage: Ready Title Deeds. Immediate rental income. Usually requires 100% cash payment.
Payment Plans & Campaigns
Forget banks and high interest rates. North Cyprus developers offer investor-friendly models:
Low Deposit: Contract with just 30% or 35% down.
Long Terms: Pay the balance over 24 to 84 months at 0% Interest.
Flexibility: Monthly, quarterly, or balloon payments available.
Buying Process & Legal Framework for Foreigners (2025)
May 2024 Regulation: Foreign investors are entitled to buy 1 property per family. This law has stopped speculation and stabilized the market.
Title Deed Security: Your sales contract is registered at the Land Registry within 75 days, legally protecting your ownership rights against third parties.
Taxes & Associated Costs
Plan your budget accurately with the 2025 fee structure:
Title Transfer Fee: Total 12% (6% at contract registration, 6% at title transfer).
VAT: 5% (Usually paid upon key handover).
Stamp Duty: 0.5%.
Transformer Fee: £1,500 - £3,000 (Infrastructure contribution).
Annual Property Tax (The Lowest Cost)
Unlike the heavy "Council Tax" in the UK, holding costs in North Cyprus are negligible.
Calculation: Based on square meters (m²), not market value.
The Cost: A 100m² 2-bedroom apartment pays roughly £25 per year (Paid in local Turkish Lira).
Yes, what you pay in a month in the UK, you pay in a year here.
ROI & Residency Permits
ROI: North Cyprus properties amortize in 10-12 years (compared to 20+ years in Europe).
Residency: Property owners and their immediate families are eligible for Residency Permits, allowing you to live on the island 365 days a year.
Why Choose Us?
We don't just sell houses; we provide end-to-end investment consultancy.
Free Inspection Trip: We pick you up from the airport, provide accommodation, and tour the best projects.
Legal Department: Our lawyers ensure your contract is watertight.
Property Management: Who will rent out your flat? We handle the tenants and deposit the income into your account.
Frequently Asked Questions (FAQ)
Is it safe to buy property in North Cyprus?
Absolutely. The legal system is based on British Law, and once your contract is registered at the Land Registry, you are under state protection.
Can I get a mortgage?
While bank mortgages are difficult for foreigners, developer loans (payment plans) offer up to 84 months interest-free, which is often better than a bank loan.
When is the best time to invest?
The best time was yesterday; the second best time is today. Entering a project at the Off-Plan stage guarantees roughly 30% higher returns than buying a finished unit.