Isatis 1 | Famagusta | Northern Cyprus

  • On request
Famagusta
Apartment bedroom render Apartment bathroom render Apartment bathroom with bathtub render Typical floor plan of the apartment block
  • ISA1
  • Property ID
  • Apartment
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathroom
  • 70-75
  • sq. m.
For Sale
Isatis 1 | Famagusta | Northern Cyprus
Famagusta
  • On request

Title deed category

Confirm with us before you reserve

In Northern Cyprus the title category — not the building — decides how secure your ownership is. We confirm the category for this project in writing before any money moves.

How the four categories differ →

Description

Isatis 1 Famagusta is a five-floor block of 20 two-bedroom apartments of 70-75 m² that Isatis Construction Group places in the centre of Famagusta (Gazimağusa), Northern Cyprus. This guide sets out what the developer publishes about the Isatis 1 Famagusta project, adds figures calculated from the developer’s own unit sizes, and then follows the part of a purchase that matters most to a non-resident buyer: the Council of Ministers purchase permit, its deadlines and the paperwork behind it. Price, completion date and title-deed category are not published, so none is given.

Isatis 1 Famagusta apartment block exterior render

Legal rules are stated as of 17 October 2026, and several of them rest on a time-limited decree, as the permit section explains.

Overview of the Isatis 1 Famagusta project

The developer’s English page for the project, isatis.co/isatis-1, is short. It describes a modern apartment building with covered parking, an intercom, a card-operated lift and a central satellite and internet system, set in the centre of Famagusta city, and says the building consists of 20 flats of the 2+1 type on five floors. The single plan listed gives two bedrooms, one bathroom and a size of 70-75 m². The Turkish version of the page says kapalı otopark, meaning closed or covered parking, and otherwise carries the same figures.

The page adds one remark about income: the developer says the modern apartment can “pay for itself with rental income”. That is a marketing statement. No rent, yield, percentage or term accompanies it, and nothing in this guide treats it as a forecast.

Isatis 1 Famagusta: item As published by the developer
Developer Isatis Construction Group (Isatis Construction Limited)
Location text “In the centre of Famagusta city”; no ward, street or map point
Unit type 2+1 apartment: 2 bedrooms, 1 bathroom
Size 70-75 m² (gross or net not stated)
Units and floors 20 flats on five floors
Listed features Covered parking, intercom, card-operated lift, central satellite and internet
Terrace or garden Not stated
Price Not published
Completion Not published
Title-deed category Not stated

Four items therefore stay open: the price, the completion date, the title-deed category and any outdoor space. The sections below treat each as a question to put in writing before a reservation, not as something to fill in with a typical value. The developer’s pages also do not say whether the flats are built, under construction or still to be built, a point that matters for the permit steps described later.

Unit types and sizes

The developer lists one apartment type for the building. The table repeats its figures and adds the building totals it states.

Isatis 1 Famagusta unit type Bedrooms Bathrooms Size (m², as listed) Units Floors Terrace or garden
2+1 apartment 2 1 70-75 20 5 Not stated

The common reading of the 2+1 label is two bedrooms plus a living room, but the page itself gives only the bedroom and bathroom counts. It shows one plan named after the project and does not say which flats sit at the lower or upper end of the range, whether the figure is gross or net, or whether the ground floor is one of the five floors. No balcony, terrace or garden is listed.

The next table derives a few figures from the 70 m² and 75 m² ends of the range. They are calculated from the developer’s figures, with the arithmetic shown, and describe nothing that the developer has measured.

Isatis 1 Famagusta size comparison (calculated) Arithmetic At 70 m² At 75 m²
Area per bedroom size ÷ 2 bedrooms 35.0 m² 37.5 m²
Area per bathroom size ÷ 1 bathroom 70 m² 75 m²
Sum for all 20 flats 20 × size 1,400 m² 1,500 m²
Size in square feet size × 10.7639 753.5 sq ft 807.3 sq ft
Share of the 300 m² closed-area line in the VAT schedule size ÷ 300 23.3% 25.0%
Spread inside the range (75 − 70) ÷ 70 5 m², or 7.1% of the lower figure same
Flats per floor if all five floors hold flats 20 ÷ 5 4 4
Flats per floor if only four floors hold flats 20 ÷ 4 5 5

Read as a whole, the figures describe a compact two-bedroom flat. Dividing the area by two bedrooms gives 35.0 to 37.5 m² per bedroom, but that is a gross measure: the same area also holds the living room, kitchen, bathroom and circulation space, so it says nothing about the size of any room. The same applies to the sum of 1,400 to 1,500 m² for the 20 flats, which excludes stairs, lift, parking and any shared space and is not the building’s floor area.

Set beside the developer’s other Famagusta two-bedroom units, the range is at the compact end. Isatis 2 lists the same 70-75 m². Isatis 4 lists 75 m² for its 2+1, which is 37.5 m² per bedroom by the same arithmetic. Isatis 5 lists 75 and 80 m² (37.5 to 40.0 m² per bedroom) and Isatis 3 lists 74-82 m² (37.0 to 41.0 m² per bedroom).

The widest gap at the upper end is Isatis 3, where 82 m² is 7 m² above the 75 m² maximum here, a difference of 9.3%.

The square-foot row is included because the Statistical Institute reports approved plot areas in square feet (for example 1,031,830 sq ft of urban plots in Gazimağusa district in 2025, per its 2025 construction bulletin), so a buyer comparing local statistics with the developer’s metric sizes needs both units.

The VAT row relates the sizes to the 300 m² closed-area line that separates the 5% and 10% VAT schedules in the Tax Department’s regulation. The 70-75 m² figures are about a quarter of that line, but the developer does not say that its figure is a closed area, so the comparison is indicative only.

The per-floor rows show why the layout needs confirmation. If every one of the five floors holds flats, the average is four per floor. If one floor is given over to parking, which the page does not say, the average is five on each of four floors. Neither case is stated; both follow only from the 20 and the five that the developer gives.

Location and the Famagusta area

The developer places the building “in the centre of Famagusta city”; the Turkish page says Gazimağusa şehir merkezinde. It gives no ward, street, map point or distance. The municipality’s own account of the city’s growth, on its city history page, puts the historic centre inside the walled Suriçi and describes dense building after 1986 in wards such as Sakarya, Karakol, Baykal and Tuzla.

“Centre” is therefore the developer’s description, not a ward name. Every distance below is measured from one reference point, the Walled City centre point (Namık Kemal Square) on OpenStreetMap, and not from the Isatis 1 Famagusta site, whose plot is not published.

Population figures for the city come in three forms that should not be mixed. The 2011 census counted 40,920 residents in Gazimağusa municipality and 69,741 in the district (municipality table). The municipality quotes a 2020 State Planning Organisation projection of 55,868 residents plus more than 20,000 university students and staff. A third figure, 55,648 for 2019, appears on Wikipedia. There has been no census since 2011.

The Free Port is the TRNC’s only free port and its largest port. The Statistical Institute’s 2024 yearbook records 421,398 tonnes unloaded, 413,344 tonnes loaded and 107 ship calls for 2023. Eastern Mediterranean University (EMU) began in 1979 as the Institute of Higher Technology with 105 students and became a state university in 1986 (EMU history).

Its enrolment was 15,729 in 2024-25, down 5.5% from the 16,640 of 2021-22 (calculated from the yearbook), while total higher-education enrolment in the TRNC fell 8.0%, from 114,000 to 104,873. With the four other universities the municipality lists, the five enrolled 19,735 students in 2024-25 (calculated from the yearbook).

EMU’s handbook states about 10,000 dormitory places on campus. Official student numbers have fallen since 2021-22, so they do not support a claim of rising student demand.

For health care, Gazimağusa State Hospital stands on Salamis Road and, per its own page, opened in the new building in December 2007 with 120 beds and now has 160. The yearbook counts four private in-patient institutions with 104 beds in 2024. For shopping, the operator of City Mall states 65 stores, more than 130 brands and daily opening from 10:00 to 22:00. The developer does not tie this building to City Mall; the Isatis 4 page does.

The historic core is the Walled City. The Lusignans built the 14th-century walls, Venice redesigned them in the 15th and 16th centuries, and the municipality dates Lusignan rule to 1192-1489 and Venetian rule to 1489-1571. Othello Castle and the Lala Mustafa Pasha Mosque, the former St Nicholas Cathedral, stand within the walls.

Ancient Salamis lies north of the city; Wikipedia says about 6 km, and the coordinates give 7.7 km in a straight line, so “about 6-8 km” is the safe statement. Varosha (Kapalı Maraş) is a separate matter. UN Security Council statements hold that settlement of any part of it by anyone other than its inhabitants is inadmissible, and the Secretary-General’s report S/2026/550 records no reversal.

No claim about title in Varosha is made here.

The nearest World Meteorological Organization series is a Republic of Cyprus station at Paralimni, about 7.4 km south of the Walled City. For 2002-2011 it gives mean daily maxima of 15.9 °C in January and 33.3 °C in August, and monthly rainfall that sums to 331.1 mm a year (calculated), with June to August almost dry (WMO data). It is not a Famagusta station, and no official normals for the city were found.

For longer journeys, the table gives straight-line and road estimates. The Nicosia-Famagusta road is the busiest route in Northern Cyprus, with an average of about 40,000 vehicles a day according to the Turkish Highways Directorate; whether it is a motorway was not established, so it is not called one. Road distance to Larnaca Airport is not quoted because it depends on the crossing point used, and no passenger sea link to Famagusta is assumed because the sources conflict.

In 2025 the Statistical Institute recorded final approval for 1,492 dwelling units in the district (538 urban plus 954 rural, calculated), a count of approved buildings, not of sales. No official house-price index or sales count was found.

Nearby places and distances (from the Walled City centre point) What it is Straight-line / road Source
Famagusta Free Port TRNC’s only free port 1.0 km / 2.2 km OpenStreetMap; municipality
City Mall Shopping centre, 65 stores per its operator 1.9 km / 3.3 km OpenStreetMap; operator
Varosha (Kapalı Maraş) Fenced area subject to UN resolutions 3.8 km / 7.0 km OpenStreetMap; UN News
EMU campus State university 3.9 km / 5.0 km OpenStreetMap; EMU
Gazimağusa State Hospital State hospital, about 160 beds 4.8 km / 6.3 km OpenStreetMap; hospital
Paralimni weather station Nearest WMO station (Republic of Cyprus) 7.4 km / 8.7 km WMO
Salamis Ancient city 7.7 km / 10.1 km OpenStreetMap; Wikipedia
Ercan Airport Main airport in the north 40.0 km / 56.0 km OpenStreetMap, OSRM estimate
Larnaca Airport Airport in the Republic of Cyprus 40.8 km / not quoted OpenStreetMap
Nicosia (Lefkoşa) Capital 52.8 km / 69.0 km OpenStreetMap, OSRM estimate
Kyrenia Northern coastal town 61.3 km / 80.1 km OpenStreetMap, OSRM estimate

Straight-line figures are great-circle distances between published coordinates, and road figures are estimates from the OSRM router on OpenStreetMap data, so both are indicative. Other Famagusta listings are collected on the Famagusta city page, and the Northern Cyprus country page covers the wider market. A separate guide on this site looks at beaches in Cyprus, since no beach distance for the city centre is available in the sources used here.

The foreign-buyer purchase permit and timeline for Isatis 1 Famagusta

As of 17 October 2026, a foreign person or company may acquire immovable property in the TRNC only with a purchase permit from the Council of Ministers, applied for through the Interior Ministry (Law 52/2008, consolidated text). The numerical limits and deadlines depend on which text is read.

Decree-Law 89/2026, published in Resmi Gazete No. 147 on 7 August 2026, re-issues Decree-Law 63/2026 (Resmi Gazete No. 87, 11 May 2026), whose 90-day validity ended on 10 August 2026. A decree is not an act of Parliament: 90 days from 7 August ends about 5 November 2026 (calculated) unless Parliament enacts it, and whether it has is not established.

The consolidated Law 52/2008 still shows the stricter text from Law 39/2024. Every limit, fee and deadline below therefore depends on the decree being in force or enacted, and both versions are given where they differ.

For an apartment such as those in this building, the decree allows a foreign buyer at most 3 apartments, and nationals of states that recognise the TRNC and give TRNC citizens the same right at most 6. The consolidated text shows 1, or 3 for nationals of recognising states. The developer’s FAQ page says foreign nationals may buy 1 property each, which matches the stricter text and not the decree; several agency pages also still say one.

Two further caps bear on a 20-flat building. The decree limits sales of housing projects in zoned areas to 80% foreign buyers; if that applied here, at most 16 of the 20 flats could go to foreign buyers (calculated: 0.8 × 20). Foreign first-degree relatives, or buyers of the same nationality, may not together buy more than half of the units on one parcel; if all 20 flats stood on one parcel, which the page does not say, such a group could hold at most 10 (calculated).

Before an application can be filed, condominium title (kat mülkiyeti) or a condominium easement (kat irtifakı) must exist for the unit under Law 35/2010, and selling without it is an offence. For 2 years from the decree’s entry into force, an application may instead rest on a building permit or a Town Planning Department planning approval where condominium title could not be established. As completion is not published, whether the flats already have this title is the first question.

Deadlines run from fixed events, not from average waiting times. The table sets the decree beside the consolidated text.

Stage of the purchase Decree-Law 89/2026 (RG 147, 7 Aug 2026) Consolidated Law 52/2008 (Law 39/2024 text) Source
Register the stamped contract at the district Land Registry and lodge the permit application Within 1 month, after buyer and seller have paid the taxes and fees due on the sale; otherwise the contract is void automatically Not compared in the sources checked RG 147
Council of Ministers decision No time limit set; the developer states 1-2 months for Turkish citizens and 6-8 months for other nationalities No time limit set Law 52/2008; developer FAQ
Pay the transfer fees after the permit is published in the Resmi Gazete Within 75 working days, or the permit lapses Within 60 working days RG 147; Law 52/2008
Sign the transfer declaration at the district Land Registry Within 1 year of publication Within 6 months of publication RG 147; Law 52/2008
Permit cancelled for non-payment Re-application at double fees; a third application for the same property is not allowed Not compared in the sources checked RG 147
Water and electricity connection Not given until all taxes and fees are paid Not compared in the sources checked RG 147

Putting the developer’s and the decree’s figures together gives an illustration, not a forecast. If the stamped contract is registered and the application filed in month 1, and the developer’s 6-8 months for non-Turkish nationals holds, the permit would be published around month 7 to month 9.

Seventy-five working days is 15 weeks if five days a week count and holidays are ignored, about three and a half months, so the fees would fall due by about month 10.5 to month 12.5, and the transfer could be signed up to a year after publication, which in this illustration is month 19 to month 21 (calculated).

Under the consolidated text the periods are 60 working days, or 12 weeks, and 6 months. No official processing time exists in the laws read.

Money items attach to the same stages. The application fee is half the monthly gross minimum wage in force; with TL 70,893 from 1 July 2026 (Tax Department) that is TL 35,446.50 (calculated), half going to the compensation account of the Immovable Property Commission and half to the Land Registry.

The Land Registry fee for foreign buyers, set in Resmi Gazete No. 197 of 7 October 2026, is 4% for the first property (3% transfer, 0.5% for the Immovable Property Commission, 0.5% for the Housing Acquisition Unit), 5.5% for the second and 6% for the third, and is valid only until 5 January 2027 inclusive.

Agency and press quotations differ (6%, 9%, 12%; Haber Kıbrıs reports the October change) and are not used. Stamp duty on the sale agreement is 0.5% of the sum. With no published price, no total can be worked out.

The Interior Ministry’s Property Unit lists the documents for an application (document list; Property Unit page): a petition (Annex 1 for an apartment), information forms (Annexes 4 and 5), a passport or ID copy, a copy of the title (koçan), a location plan, an original police record from the applicant’s country, the sale contract if there is one, and a TL 45 stamp for applications by proxy.

Decree-Law 63/2026 required an apostilled police record not older than three months; the current text keeps that for licensed-intermediary applicants only. The ministry also checks for military objections.

The checklist below turns these points into an order of work for this building.

  1. Ask in writing for the plot, parcel and registration details, and order a Land Registry research document (araştırma belgesi) at the district Tapu Amirliği.
  2. Ask whether condominium title or a condominium easement exists for the flat, and which planning approval will support the application if it does not.
  3. Ask for the size basis (gross or net), the floor and any outdoor space of the specific flat; the page gives a range and no terrace.
  4. Count the TRNC apartments the buyer already owns against the limit in force on the day of application: 3 under the decree, 1 under the consolidated text.
  5. Ask whether the 80% foreign-sales cap and the half-of-parcel rule apply to the building.
  6. Diary the deadlines: 1 month to register and apply, 75 working days to pay fees, 1 year to sign the transfer (60 working days and 6 months under the consolidated text).
  7. Confirm that any payment plan is in the written contract, and use a lawyer who does not also act for the developer; UK Government guidance names both as problems in Cyprus.

Buying property in Northern Cyprus in brief

Read by role rather than by calendar, a purchase in the north passes through a lawyer’s checks, the developer’s contract, two public offices and the Council of Ministers. The table lists the stages for a flat in Famagusta; no stage has an official average duration unless a limit is shown.

Step Who Typical time Source
Appoint an independent lawyer and order a Land Registry research document Buyer; district Tapu Amirliği No official time stated UK Government; Land Registry
Check condominium title, permits and encumbrances for the specific flat Buyer’s lawyer, with documents from the developer No official time stated UK Government; Law 52/2008
Sign the sale agreement and have it stamped Buyer and developer; Tax Department Stamp duty 0.5% of the sum; no signing deadline stated Stamp Duty Law
Register the stamped agreement and lodge the permit application Buyer in person, by lawyer or by proxy Within 1 month (decree) RG 147
Permit decision and Gazette publication Council of Ministers via the Interior Ministry No legal limit; developer says 6-8 months for non-Turkish nationals developer FAQ
Pay the transfer fees Person registering the title Within 75 working days of publication RG 147; RG 197
Sign the transfer declaration Buyer and seller before the Land Registry official Within 1 year of publication RG 147
Water and electricity connection Local authority; electricity authority Only after taxes and fees are paid RG 147

Money moves under the Foreign Exchange Law 38/1997, which leaves holding foreign currency and writing contracts in it free and allows remittances through banks with names and addresses recorded (law text). The lira is the local currency, and the TRNC consumer price index rose 35.02% in the 12 months to September 2026 (Statistical Institute), so the currency of the contract matters. Stamp duty on a foreign-currency sum is computed in lira at the official effective selling rate on the stamping date.

The law allows foreigners to mortgage property after paying the Land Registry fees, and mortgage registration costs 1% of the secured debt. Bank lending policy for foreigners has no official statement; agency pages disagree (75% of the price in one, 50% in another), so no loan terms are given.

The developer’s FAQ says that a power of attorney issued under TRNC rules allows a purchase before arrival, and that banks can lend against suitable property. For a wider cost picture, a separate article on this site covers the cost of buying, building and renting in North Cyprus.

Three practical rules complete the picture. The Land Registry says that, during its new system roll-out, transfers, mortgages and research documents are handled only at the Tapu Amirliği of the district where the property is registered, which for Famagusta means the Gazimağusa office (announcement).

Stamp duty on the sale agreement falls on the buyer unless the parties agree otherwise (Stamp Duty Law), and the registration fee is paid by the person registering the title; the developer’s FAQ says the fee is shared 2% by the seller and 2% by the buyer, which could not be matched to the official schedule.

And UK Government guidance recommends independent legal advice, noting a separate bar association for each district, Famagusta among them.

Risks, title and due diligence

The risk that a listing page cannot remove is title. UK Government guidance states that ownership of many properties in the north is disputed, that there are thousands of claims from people displaced in 1974, and that the European Court of Human Rights has ruled in a number of cases that pre-1974 owners continue to be regarded as the legal owners.

The Court’s Demopoulos decision of 1 March 2010 treats the Immovable Property Commission as the remedy to use first; its statistics show 8,807 applications lodged and 3,757 concluded by 2 October 2026, and applications are open until 21 December 2027 under Law 67/2005.

The Court of Justice of the EU held in Apostolides v Orams (28 April 2009) that judgments of Republic of Cyprus courts on land in the north can be enforced elsewhere in the EU, and the European Commission records that EU law is suspended there.

The title-deed category of the Isatis 1 Famagusta flats is not stated, and it should not be inferred from the project, the district or the developer. UK guidance warns in particular about land that was Greek Cypriot-owned before 1974 and later classified as exchange or gift land.

A separate article on this site discusses title-deed categories in Northern Cyprus. The Republic of Cyprus has also had, since 20 October 2006, a criminal offence of buying, selling, renting, promoting or mortgaging property without the registered owner’s permission, with a maximum of 7 years, according to the same guidance; the guidance says purchase documents may be confiscated when crossing the Green Line.

The guidance names general problems in Cyprus: building without correct permits, difficulty obtaining final completion certificates and title deeds, and developer mortgages on the land. Because the completion status of Isatis 1 is not published, a buyer should ask for the planning approval, the final approval or its timetable, and a certificate of encumbrances. The table lists what to request and where each item is checked.

Document to ask for Issuing office Why it matters Source URL
Land Registry research document (araştırma belgesi) District Tapu Amirliği (Gazimağusa for this city) Information-only ownership query; an agency guide says it shows owner, mortgages and restrictions tapu.gov.ct.tr
Copy of the title (koçan) and its category Land Registry The category is not stated for this project; UK guidance warns about exchange or gift land gov.uk
Proof of condominium title or easement Land Registry (Law 35/2010) Needed before a purchase-permit application mevzuat.gov.ct.tr
Planning approval or building permit, and final approval Town Planning Department and the municipality The decree accepts a planning approval for 2 years where condominium title is missing basimevi.gov.ct.tr
Stamped sale agreement Tax Department Starts the 1-month registration clock vergi.gov.ct.tr
Permit publication in the Resmi Gazete Council of Ministers, via the Interior Ministry’s Property Unit Starts the 75-working-day and 1-year clocks icisleri.gov.ct.tr
Receipts for taxes and fees Tax Department; Land Registry No water or electricity connection until all are paid basimevi.gov.ct.tr
Written specification attached to the contract Developer The page lists four building features; anything else is unconfirmed isatis.co

The last risk is in the numbers. The permit rules rest on a time-limited decree, the Land Registry fee schedule is valid to 5 January 2027, the lira lost value quickly over the year to September 2026, and the price of the flats is unpublished. A buyer’s lawyer should check each of these before money is paid.

How Isatis 1 Famagusta compares with the other Isatis projects

The developer’s site lists several projects, and this website carries a listing for each. The table sets the sizes as published; it makes no claim that one project is better, cheaper or stronger than another, because price, completion and title are unpublished for all of them.

Project Area as stated by the developer Unit types Size range as published
Isatis 1 Famagusta (this page) Centre of Famagusta city 2+1 apartments, 20 on five floors 70-75 m²
Isatis 2 “Developing area of Famagusta” 16 apartments (2+1) and 2 penthouses (3+1) 70-90 m²
Isatis 3 Karakol region of Famagusta 2+1 apartments and one-bedroom penthouses 62-82 m²
Isatis 4 Çanakkale area, near City Mall 1+1, 2+1 and penthouse 65-83 m²
Isatis 5 Karakol region of Famagusta Two-bedroom apartments and a penthouse 75-151 m²
Sunrise Yeniboğaziçi Detached and semi-detached three-bedroom villas 240-490 m²
Fiora Famagusta district; exact site not stated by the developer 1+1, 2+1, 2+1 duplex and 3+1 duplex apartments 92-168 m²
Orchard Yeniboğaziçi Villas, apartments and penthouses 44-310 m² (as stated on the Orchard listing)

The comparison shows how the building sits within the range. This building is the only one of the five Isatis apartment projects with a single unit type, and its upper size is the lowest of the five: 75 m² against 90, 82, 83 and 151.

Isatis 2 matches its two-bedroom range exactly. The wording on location also differs. The developer calls Karakol, used for Isatis 3 and Isatis 5, the centre of Famagusta, whereas the municipality and the 2011 census treat Karakol as a built-up ward (7,046 residents) next to the Walled City, and the nearby Çanakkale ward counted 4,114 (census by ward).

The Isatis 1 page names no ward at all, so it should not be assumed to share any neighbourhood with the others.

The developer’s menu also shows Elysium, Elysium 2, Infinity and Hillside, which have their own pages here: Elysium, Elysium 2, Infinity and Hillside. They are not compared above because no sourced size data was gathered for them. Further Famagusta listings on this site include Sakarya Gardens, Urban Oasis and Aura Gardens; they are not described in this guide. The Northern Cyprus country page lists them together.

Isatis Construction Group

Everything in this section is the developer’s own statement, taken from its About page. Isatis Construction Limited says it has operated in the construction industry since its establishment in North Cyprus in 2015, and that it became one of the growing organisations in the sector there by building and selling apartments and villas in Famagusta and Yeniboğaziçi. It adds that it is working on projects in these regions. The footer of the developer’s pages describes the group as an engineering and construction company run by experienced engineers.

The page makes further claims about how the company works. It says it uses environmentally friendly materials of high quality, presents its projects to investors from many countries, stays in touch with customers before and after sales, supports investors with procedures at the contract stage, and takes over the management and maintenance of the projects it delivers. Those are descriptions of intent and service, and the page does not give terms, fees or a track record for any of them.

The About page text names no completed project and no company registration number or licence. A buyer who wants to test the claims can ask for the building permit and final approval of earlier projects, the title position of delivered flats, and the written terms of any management arrangement. Nothing on the Isatis 1 page states which entity signs the sale contract, so that, too, belongs on the list of written questions.

Frequently asked questions

Where is Isatis 1 Famagusta?

The developer places the project “in the centre of Famagusta city”, in Turkish Gazimağusa şehir merkezinde. Its page names no ward, street or map point and gives no distances, so the area guide above measures from the Walled City centre point instead of from the building. According to the municipality and the 2011 census, the historic centre is the walled Suriçi, and neighbourhoods such as Karakol and Çanakkale are separate built-up wards outside it. “Centre” should therefore be read as the developer’s wording until the plot is identified in writing.

How many apartments does Isatis 1 Famagusta have and how large are they?

The developer states 20 apartments of the 2+1 type on five floors, each with two bedrooms and one bathroom, at 70-75 m². Calculated from those figures, that is 35.0 to 37.5 m² per bedroom and 1,400 to 1,500 m² across all 20 flats. The page does not say whether the sizes are gross or net, which flats are larger, or whether any flat has a balcony, terrace or garden, so those points need a written answer.

Is there a price or completion date for Isatis 1 Famagusta?

Neither is published on the developer’s English or Turkish page, and the page gives no payment plan, deposit or instalment schedule. Without a price no cost per square metre can be calculated, and no tax or fee can be turned into an amount. Both items should be requested in a written offer. The purchase deadlines described above run from the signed contract and the Gazette publication of the permit, not from completion.

Can a foreign national buy an apartment in this project?

As of 17 October 2026, yes, but only with a Council of Ministers purchase permit under Law 52/2008. Decree-Law 89/2026 (RG 147, 7 August 2026) allows up to 3 apartments per foreign buyer, or 6 for nationals of states recognising the TRNC, while the consolidated law text still shows 1 and 3. The decree is time-limited, with 90 days ending about 5 November 2026 unless Parliament enacts it. UK Government guidance adds that a permit can be refused without a reason being given.

How long does the purchase permit take?

Neither the decree nor the consolidated law sets a time limit for the Council of Ministers’ decision. The developer’s FAQ states 1-2 months for Turkish citizens and 6-8 months for other nationalities; that is the developer’s statement, and no official source for it was found. The fixed deadlines are different: 1 month to register the stamped contract and apply, 75 working days to pay fees after publication, and 1 year to sign the transfer under the decree.

Can an apartment be bought without travelling to Northern Cyprus?

The developer’s FAQ says a purchase can be made before arrival with a power of attorney issued under TRNC rules. The Interior Ministry accepts applications in person, by proxy or through a lawyer, and an online portal exists; a TL 45 stamp applies to applications by proxy. The stamped contract can likewise be registered at the Land Registry by a lawyer or proxy within the 1-month period. The police record from the buyer’s home country must still be obtained.

What taxes and fees come on top of the purchase price?

Under the Land Registry schedule of 7 October 2026, a foreign buyer pays 4% for the first property, 5.5% for the second and 6% for the third, valid to 5 January 2027. Stamp duty on the sale agreement is 0.5%, and the permit application fee was TL 35,446.50 at the July 2026 minimum wage (calculated). VAT is 5% on housing up to 300 m² of closed area; the developer does not say whether VAT is included. No official lawyer or utility-connection tariff was found.

Does the developer state any rental income for the flats?

No figure is published; the only reference is the single marketing remark quoted in the overview, with no rent, percentage or term. Official sources show that 10% of gross rent is withheld as the final tax for individuals, that renting immovable property carries 0% VAT, and that lets of up to 60 days in housing fall under the Holiday Houses Law, which requires a Registration Certificate and an Operating Permit. A separate guide covers renting through Airbnb and legal compliance in Cyprus.

Does a purchase of one of these flats lead to residence or citizenship?

Not automatically. The Residence and Visa Regulation of 5 October 2026 gives a property-based permit: with title and property worth GBP 300,000 or more, 10 years, and below that 5 years; with only a stamped contract, 5 years at GBP 300,000 or more, and below it proof of income.

For a contract purchase, at least one-third of the price must be paid and the permit application lodged. Since the price is unpublished, the band cannot be known. Permanent residence needs housing worth at least EUR 125,000 and 6 years of permits.

See the guides on residency and citizenship and immigration. Citizenship follows 5 years of residence, not a purchase.

Is the title-deed category stated for this project?

No. The developer’s page for Isatis 1 gives no category, and none should be assumed. It has to be read from the title copy and the Land Registry research document, together with who owned the land before 1974, since UK Government guidance warns of restitution risk for exchange or gift land. Applications to the Immovable Property Commission are open until 21 December 2027. The checklist and table above list the documents to request.

Sources and last check

Last checked: 17 October 2026. Sources:

Distances are straight-line or OSRM road estimates from OpenStreetMap coordinates. Rules marked as of 17 October 2026 depend on Decree-Law 89/2026 remaining in force or being enacted by Parliament, and the Land Registry fee schedule is valid only to 5 January 2027. None of this is legal, tax or financial advice.

  • City Famagusta
  • Country Northern Cyprus

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Vladyslav Akimenko
  • Vladyslav Akimenko

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Vladyslav Akimenko
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