Saffron — 24 boutique apartments in the heart of Famagusta. Two-bedroom homes from £88,900. Built by a developer that publishes every price and answers within two hours.
Adanest Construction Company Ltd is an experienced developer based in Famagusta, North Cyprus, and is part of NCD Group, an established group headquartered in Mersin, Türkiye. Founded in 1996, NCD Group has 30 years of experience delivering tens of projects, including high-end residential developments, business offices, traffic tunnels and infrastructure projects for governments and international corporations.
Saffron is two quiet buildings of twelve homes each — A block facing north-east, B block facing south-west — above private ground-floor parking, a short walk from Famagusta's shops, cafés and schools, and fifteen minutes from the island's best beaches. We are not building a resort. We are building homes, and we are almost sold out. Completion: December 2026.
Smart layouts on the third and fourth floors. Ideal first home or rental.
1 remaining
Family-sized homes on the first and second floors of both buildings.
4 available
The fifth floor, open views, and there are only four in the project.
3 availableEvery unit, every price, on this page. No forms to fill before you know the number.
Saffron is sold with exchange title. We explain exactly what that means — before you buy, not after.
Real streets, real neighbours, walkable life. Not a promise of amenities in five years.
No middle layers. The people who answer your message are the people building your home.
Most of our buyers live in another country. Saffron is built for exactly that.
After completion, the blocks are run, cleaned and maintained by our own management team — and any issue is fixed by our technicians. You never chase a problem from abroad.
White goods and furniture organised by us: sourced, fitted, and their warranties followed. Arrive to a ready home.
City-centre homes minutes from Eastern Mediterranean University — the biggest university in Cyprus — mean year-round tenant demand, with rents in pounds.
Built with high-quality modern materials — the same standard we would want in our own homes.
Buyers ask us why here. Six honest reasons.
Summer runs from March to November, and winter feels like a warm spring. The sea holds 23–28 °C all summer.
Buying a property opens the door to a residence permit — typically processed in weeks and covering your immediate family.
One of the lowest crime rates in the Mediterranean. People here still leave their doors unlocked.
Education and law follow British foundations. 20+ universities and around 100,000 international students — a steady pool of tenants.
Modern private clinics at sensible prices, and public hospitals provide emergency care — even for visitors.
Up to 90 days visa-free for most nationalities, and daily payments are commonly accepted in pounds, euros or dollars.
Available means you can reserve it today with £2,000, deducted from the price. Download the full price list in your language below, or ask us on WhatsApp — a real person replies within two hours.
Every buyer's situation is different, so we don't force one formula. Tell us what works for you — deposit size, instalment schedule, timing — and we will shape the plan together. Saffron also meets banks' conditions for a property loan, so you can apply for bank financing, and we will guide you through it.
Architectural renders of the completed buildings and interiors — and below, real photographs of where construction stands today.
Structure and masonry are complete on both buildings, and the first block is fully plastered. These are real drone photographs from the site — not renders. New photos every month until handover in December 2026.
Most recent images from site · Famagusta
£2,000 holds your unit and is deducted from the price. Fully refundable for 14 days.
Your lawyer, or one we introduce. The contract is registered — your unit cannot be sold twice.
Flexible deposit and instalment options, agreed together. The project meets banks' conditions for a property loan, so bank financing is also possible.
December 2026. We hand over, help you connect utilities, and stay reachable after.
Availability changes — 16 of 24 homes are already sold. Leave your email or WhatsApp number and a real person will send the current list within two hours (9:00–19:00 EET).
Practical guidance for international buyers, and why Famagusta stands out as a place to invest and live.
Who can buy, government permission, costs and legal fees, residence permits, and everyday questions like driving and importing a car.
Read the guideA Mediterranean lifestyle, a genuine year-round city built around Eastern Mediterranean University, and an emerging property market with room to grow.
Read the articleBuying a property in the Turkish Republic of Northern Cyprus (TRNC) is a straightforward process for international purchasers, provided the applicable purchase limits, permissions and registration requirements are followed.
Whether you are looking for a permanent home, a holiday property or an investment, this guide summarises the key points international buyers should know.
For most purchasers, the process can be summarised as follows:
Select the apartment, villa or house that suits your requirements.
Your lawyer reviews the property's legal and title documentation and the sales agreement.
The agreement sets out:
The sales contract is registered with the relevant Land Registry where required.
The relevant application is submitted to the Council of Ministers.
Applicable taxes, fees and charges are settled.
The property is transferred into the purchaser's name when the relevant conditions have been completed.
If you intend to live in North Cyprus, you can apply for the appropriate residence permit.
Non-TRNC citizens can purchase property in North Cyprus, subject to the limits and permissions set by the applicable property legislation.
The current framework provides different acquisition limits depending on the buyer's nationality.
For buyers who fall within the general foreign-national category, the current framework allows, subject to the relevant conditions:
Citizens of countries recognised under the relevant reciprocal provisions receive higher acquisition limits. In practice, this is particularly relevant to Turkish citizens.
The current framework provides for:
The exact entitlement should always be confirmed for the purchaser and property at the time of purchase, as legislation can be updated.
The acquisition limits apply to the purchaser's overall property ownership and should therefore be considered before purchasing multiple units.
Yes.
International buyers are required to obtain the relevant permission to purchase property from the Council of Ministers in Northern Cyprus.
This is a standard part of the purchasing process and is normally handled with the assistance of the purchaser's legal representative or developer, as it's a straightforward online application.
A typical purchase process is:
Property selection → Legal checks → Sales agreement or Deed → Contract registration (if sales agreement) → Purchase permission application → Completion of transfer
The Council of Ministers regularly approves applications from international purchasers, subject to the property being legally available for acquisition.
Your lawyer will normally guide you through the documentation and application process.
Depending on the property, seller, transaction structure and purchaser's circumstances, additional costs can include:
VAT applies to new-build/professional developments. The rate payable should be confirmed before signing the contract; it currently stands at 5%.
For international buyers, the current transfer fee is 12%, generally payable in two stages: 6% when the sales contract is registered and the remaining 6% upon transfer of title. Stamp duty is also payable on the sales agreement. The exact amount of taxes and fees depends on the property, transaction structure and applicable legislation at the time of purchase.
For citizens of Turkey, the fee is 6% for a first property purchase, generally payable in two stages: 3% when the sales contract is registered and the remaining 3% upon transfer of title.
Depending on the development, additional costs may include:
Important: These costs vary by property and transaction. Buyers should request a complete “total acquisition cost” statement before signing.
Using an independent lawyer is strongly recommended for international buyers.
Your lawyer can assist with:
For new developments, the developer's sales team can normally provide the expected standard costs, while your independent lawyer can confirm the final figures for your individual purchase.
Yes.
Property ownership can provide a route to applying for a short-term residence permit.
The TRNC Immigration Department specifically provides a residence-permit category for foreigners who own property in North Cyprus. The property must be suitable for residential occupation and used as a residence.
You may still be able to apply for residence based on your property purchase.
Under the current rules, where the property has been purchased under a sales contract:
This can allow purchasers of new-build properties to establish their residence arrangements before final title transfer.
No.
Buying a property does not automatically grant TRNC citizenship.
Property ownership and residence are separate from citizenship.
However, property ownership can provide an attractive route for international purchasers who wish to spend extended periods of time living in North Cyprus.
Yes, in certain circumstances.
North Cyprus has specific rules for people moving to the country and bringing their personally owned home furniture and vehicle with them.
Under the applicable vehicle-import regulations, a person coming to settle in North Cyprus may be able to import a vehicle registered in their own name, subject to the relevant conditions and import procedures. Because vehicle-import regulations can change, buyers planning to bring a vehicle should confirm the current requirements with the Trade Department before shipping the vehicle.
The Trade Department specifically states that individuals importing a vehicle for personal use should make the relevant application themselves.
Yes.
International residents can purchase vehicles locally in North Cyprus, subject to the normal vehicle registration, insurance, road tax and licensing requirements.
For many new residents, purchasing a vehicle locally can be the simplest option, particularly where importing an existing vehicle would involve additional customs and registration procedures.
This depends on your nationality and the status of your licence.
International visitors can generally use a valid foreign driving licence for the period permitted under the applicable rules.
For people who become residents, the requirements can be different, and a local driving licence may eventually be required.
There is a specific reciprocal recognition and exchange arrangement between the Republic of Türkiye and the TRNC.
The arrangement was updated in 2025 and formally published in 2026, providing for the reciprocal recognition and exchange of national driving licences.
North Cyprus drives on the left side of the road.
This is an important point for buyers coming from countries where driving is on the right.
A valid driving licence, vehicle registration, insurance and road tax are required when driving locally.
A professional developer should provide buyers with a clear summary of:
Purchase price + VAT (if applicable) + transfer/tax costs + stamp duty + legal fees + infrastructure/connection charges + any development-specific costs
This allows buyers to understand their total acquisition cost from the beginning.
As tax, registration and immigration rules can be amended from time to time, the final figures and requirements should always be confirmed for the individual property and purchaser at the time of purchase.
This article is provided for general information only and does not constitute legal, tax or immigration advice. Rules and rates can change — always confirm current requirements with your lawyer and the relevant authorities before making a purchase decision.
Your Mediterranean home. Your investment. Your lifestyle.
Famagusta offers international buyers an exciting opportunity to own a home in the Mediterranean while benefiting from an attractive and developing property market.
With its beautiful coastline, historic character, vibrant university community and growing international appeal, Famagusta combines the lifestyle of a Mediterranean destination with the advantages of a year-round city that offers greater investment potential than any other part of Northern Cyprus.
Whether you are looking for a permanent residence, a Mediterranean second home or a property investment, we invite you to discover our latest apartments in Famagusta.
Imagine having your own apartment in the Mediterranean — somewhere you can escape to for holidays, enjoy extended stays or eventually make your permanent home.
Famagusta offers:
And compared with many established Mediterranean property markets, Northern Cyprus remains relatively accessible to international buyers.
Northern Cyprus has attracted international attention for its combination of affordability and Mediterranean lifestyle.
Forbes has highlighted Northern Cyprus among affordable overseas property markets, pointing to its comparatively accessible property prices and developing tourism and infrastructure. Forbes has also identified the region's tourism growth, including new hotels, marinas and other major developments, as factors attracting international property investors.
One of Famagusta's greatest advantages is that it has a genuine year-round population.
The city is home to Eastern Mediterranean University (EMU), an internationally recognised university with students from all over the world.
This creates established demand for accommodation throughout the academic year, alongside demand from local residents, professionals and international visitors.
For property owners, this creates flexibility: your apartment can be enjoyed as a personal residence, holiday home or potentially rented to students, professionals or other tenants, depending on your chosen strategy.
Your apartment can adapt to your lifestyle.
No investment can guarantee future rental income or capital appreciation, but choosing a property with multiple potential uses can provide greater flexibility.
Northern Cyprus is still developing as an international residential and tourism destination.
Continued investment in:
is contributing to the region's growing international profile.
For investors, the attraction is the opportunity to participate in a developing market rather than paying the established-market prices found in many traditional Mediterranean destinations.
Famagusta's combination of university life, local employment, tourism and international residents creates several potential rental markets.
Depending on the location and property type, owners may consider:
This diversity can make Famagusta particularly attractive to buyers who want more than a purely seasonal holiday property.
International property owners may be eligible to apply for a short-term residence permit, subject to the applicable immigration requirements.
This means your Famagusta apartment can be more than a holiday destination — it can become the foundation for spending much more of your life in North Cyprus.
Whether you are planning retirement, a second home, extended Mediterranean living or simply more freedom to spend time abroad, property ownership can provide a practical route towards establishing your life here.
For many international buyers, the appeal of Famagusta is that it combines several things in one decision:
A Mediterranean lifestyle. A home of your own. A potential rental property. An international community. And an opportunity to participate in a developing property market.
You don't have to choose between a holiday home and an investment. With the right property, you can potentially have both.
