This one-bedroom garden loft in Malibu Phase 5 pairs 42 m² of indoor space with 10 m² of outdoor living, set in the Cittaslow village of Tatlısu on the Famagusta coast. Priced at £179,950, it is due for completion in 2026, within walking distance of the beach.
The loft offers 42 m² of internal space plus 10 m² of outdoor living, with one bedroom and two bathrooms. Built-in wardrobes handle storage, the kitchen can be customised, and underfloor heating warms the bathroom, an unusual touch on the coast.
Residents share the development’s swimming pools, landscaped gardens and wellness facilities, on a par with other one-bedroom apartments for sale in Tatlısu.
Malibu Phase 5 sits in Tatlısu, a quiet coastal fishing village in the Famagusta district where the Beşparmak mountains meet the sea. Kyrenia is a 40 to 45 minute drive west, and the shore is close by.
Everyday life here runs at a Cittaslow pace, with the harbour, rocky sea pools and the village’s traditional seafood tavernas all close to home.
The garden loft is priced at £179,950, with an estimated delivery in 2026. Buyers put down a 35% deposit and spread the balance interest-free over three years, making it one of the lower entry points on this stretch of coast.
At this level it suits a holiday base or a letting purchase, worth weighing against east-coast rental income.
Yes. Buying in North Cyprus as a foreign national is permitted with Permission to Purchase from the Council of Ministers, and a sales contract protects the buyer while that permission is pending, with foreign-ownership caps in force since 2024.
Kyrenia is a 40 to 45 minute drive west, with Ercan International Airport about 45 to 50 minutes south.
Beyond the £179,950 you meet a 9% transfer fee, 5% VAT on a new build and 0.5% stamp duty, with rental income taxed at a flat 10%. All of this falls under the standard purchase costs and taxes.
The village keeps a small fishing harbour and fish restaurants, the Minia Kıbrıs miniature museum and the 12th-century Panagia Pergaminiotissa church, plus rocky coves and hiking in the Beşparmak range.
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