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Investment House, Famagusta, North Cyprus Properties for Sale
  • £1

Overview

Property ID: SE1572
  • Villas
  • Property Type

Description

Key-Ready | Credit: Eligible

Situated in the heart of Yenisehir, Famagusta, this detached residence offers a rare combination of immediate comfort and exceptional development potential. Located within one of the most vibrant districts of Northern Cyprus, the property sits on a prime plot designated for high-density residential growth.

Location Highlights:
– Central Hub: Positioned in the desirable Yenisehir area of Famagusta.
– Development Zone: Located in a region permitting high-density residential projects.

Property Features:
– Development Potential: Valid permissions for a five-storey building.
– Zoning Capacity: Zoning allows for a density of 230 units per hectare.
– Ownership Type: Detached house currently occupying the plot.

Investment Verdict:
This is a sophisticated strategic acquisition, offering significant capital appreciation through its high-density redevelopment permissions in a central urban setting.

ROI: Estimated Annual Rental Income: £17,500 (7%)

Address

  • City: Famagusta
  • Area: Famagusta Town Centre
  • Country: Northern Cyprus

Details

Updated on November 7, 2026 at 8:54 am
  • Property ID SE1572
  • Price £1
  • Property Type Villas
  • Property Status For Sale

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Northern-Cyprus-Property.com is owned and operated by Select Estates International (Real Select estates). As a fully licensed and registered real estate agency in the TRNC (Turkish Republic of Northern Cyprus), we operate under the strict guidelines of the Estate Agents Law (Emlakçılar Yasası). Our 24 years of real estate expertise ensures that every property on this portal has undergone rigorous legal due diligence by our specialised conveyancing department.

 
 
 
 
  EXCELLENT  
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 Based on 33 reviews 
  
 
 
 
 
 
 
 
  
 
 
 
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 ebru civan profile picture 
 
 
 ebru civan 
 
 
 
 Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google. 
Cenap Bey’in müşteri memnuniyetini ön planda tutması ,müşterinin ne istediğini iyi etüd etmesi,emlak sektörünün nabzını çok iyi takip etmesi ,güler yüzü ve dürüst mizacı sayesinde hayallerimin ötesinde bir yatırıma sahip oldum🙏🏻Kendisine en içten duygularımla teşekkür eder,bu tür yatırımlarda ihtiyacı olanlara da Select Estates international ile gönül rahatlığı ve güvenle çalışabileceklerini belirtir, tavsiye ederim🤗
  
 
  
 
 
 
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 Jalal Youseph Hijazi profile picture 
 
 
 Jalal Youseph Hijazi 
 
 
 
 Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google. 
I had an excellent experience with Select Estate from start to finish. Mr. Cenap and his team were professional, honest, and always responsive. They made the entire buying process smooth, clear, and stress-free, answering all my questions with patience and transparency. Their attention to detail and commitment to great customer service gave me confidence throughout the process. I highly recommend Select Estate to anyone looking to buy property in  Cyprus. Thank you for your outstanding service!
  
 
  
 
 
 
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 Fine Weather profile picture 
 
 
 Fine Weather 
 
 
 
 Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google. 
We had a positive and fast selling experience with Cenap, whose dynamicism and strategic marketing of his listings matches up the right buyers with sellers quickly. A big plus for us was that the legalities being handled by his partner, Ozyar, made the process much easier!
  
 
  
 
 
 
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 JD D profile picture 
 
 
 JD D 
 
 
 
 Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google. 
Cenap is a great guy. It's a pleasure investing with him. He knows the market, is straightforward, and professional. I look forward to seeing him again.
  
 
  
 
 
 
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 Maggie Kay profile picture 
 
 
 Maggie Kay 
 
 
 
 Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google. 
Stop wasting time trying to sell your Northern Cyprus property with standard listing agents. Prices and buyer nationalities here change every quarter; if you are guessing your own price and praying to get a blind buyer, you are wasting your precious time. The market is moving too fast for amateurs and newbie agents.
Cenap Turgut brings a level of global marketing experience and dynamic pricing knowledge you won't find elsewhere. What sets them apart is their in-house conveyancing department managed by Ozy. Having Cenap’s wife personally handle the legal intricacies means they observe obstacles in advance and handle issues fast before they kill a deal. They used aggressive marketing and agent networks to ensure we actually sold rather than just listed and waited. For a zero-headache exit backed by live data and expert legal support, trust Cenap and Ozy.
  
 
  
 
 
 
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 Stephen Piercy 
 
 
 
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Cenap and Ozyar were excellent in negotiating all the different aspects of selling our house and provided a complete service right through to completion
  
 
  
 
 
 
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 Önay Tümtürk 
 
 
 
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Very professional estate acency. Thank you Cenap Turgut and his wife for helping us find our home very easily.
  
 
  
 
 
 
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 Sue Burke profile picture 
 
 
 Sue Burke 
 
 
 
 Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google. 
We had a very positive experience selling our property with Select Estates International. We were recommended by a friend and also found an additional 5* review from another acquaintance. Cenap and Ozy have been professional, approachable and extremely helpful throughout the whole process. Our sales agreement was signed on the Wednesday afternoon and we received a cash offer on the Sunday afternoon. A brilliant,  speedy result. We can highly recommend Select Estates.  Sue and Joe Burke
  
 
  
 
 
 
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 Havva Seydali profile picture 
 
 
 Havva Seydali 
 
 
 
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We are very impressed with the professionalism, reliability and genuine care and support of our agent Cenap Turgut with our joint venture project.  He has demonstrated outstanding knowledge of the market and dedication to meet our needs.  He provided personalized support every step of the way going above and beyond expectations for the most lucrative outcome.  He continued to provide valuable support beyond the closing of our deal. We highly recommend him for any real estate needs for his honest advice, extensive knowledge and dedication to client satisfaction.

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