About This Project
Location
Yeni Bogazici is a residential area located immediately north of Famagusta on the eastern coast of North Cyprus. The region has expanded due to its combination of beach proximity, university access, and lower-density living compared to central Famagusta. The area is within convenient driving distance of the Eastern Mediterranean University and provides direct access to supermarkets, restaurants, beach clubs, and everyday infrastructure. Capensis Homes is positioned approximately 5 minutes from the coastline while remaining closely connected to the city centre and university districts.
Property Overview
The development offers a selection of residential units tailored to permanent living and long-term residency. The property mix includes 1-bedroom garden apartments and 2-bedroom loft penthouses. The 1-bedroom garden configurations provide an internal area of 56 square metres, featuring an open-plan kitchen and living area, one separate bedroom, one bathroom, and a private garden-level outdoor space. The ground-floor layout secures direct outdoor access and additional usable exterior space compared to standard apartment layouts. The 2-bedroom loft penthouse units deliver an expanded layout of 113 square metres, incorporating multi-level interior designs.
Features & Amenities
Capensis Homes is built around shared lifestyle and wellness infrastructure intended for year-round occupancy. On-site facilities feature both indoor and outdoor swimming pools, a fully equipped fitness centre, and a dedicated spa zone. The wellness area integrates a traditional Turkish bath, a dry sauna, and specialized massage treatment rooms. Additional communal features include integrated café and bar areas, landscaped gardens, and a controlled site access security system. Individual units are delivered with fitted kitchen cabinetry, built-in storage solutions, and modern bathroom finishes.
Investment & Legal Information
Base valuation within the development begins at £131,250 for the furnished 1-bedroom garden apartments, while the 2-bedroom loft penthouses start at £157,250. International listings utilize strict bedroom counts, which align with local market designations formatted under 1+1 and 2+1 loft terminology. Financial acquisition requires an initial reservation deposit of £2,000, followed by a 35% down payment. The remaining 65% balance is structured through interest-free instalments payable over a 58-month timeline. Units are fully completed and ready for immediate key handover, occupancy, or rental placement. Property purchases follow TRNC regulatory processing, which includes a formal application for Council of Ministers permission averaging 4-7 months under current timelines.
Next Steps
To receive the complete project data sheets, detailed floor plans for the one and two-bedroom layouts, or current unit availability, submit an inquiry through the contact form below or connect via WhatsApp. In-person site viewings and digital video presentations can be scheduled within a 24-hour notice period.