1 Bedroom Penthouse Loft, Malibu Phase 5, Tatlisu

  • £249,950
For Sale
Famagusta, Tatlisu
For Sale
1 Bedroom Penthouse Loft, Malibu Phase 5, Tatlisu
Famagusta, Tatlisu
  • £249,950

Overview

  • Off-Plan, Penthouse
  • Property Type
  • 1
  • Bedroom
  • 2
  • Bathrooms
  • 52m²
  • 35m²
  • Lot

Description

This one-bedroom penthouse loft tops Malibu Phase 5 in Tatlısu, a Cittaslow fishing village on the Famagusta coast. It pairs 52 m² inside with 35 m² of terraces, a 10 m² balcony plus a 25 m² rooftop, and is priced at £249,950 for a 2026 handover.

What does this one-bedroom penthouse loft include?

The loft runs to one bedroom and two bathrooms across 52 m² of internal space, opening onto 35 m² of outdoor living: a 10 m² balcony and a 25 m² roof terrace. High ceilings keep the interior light and airy.

Underfloor heating warms the bathrooms, the kitchen can be finished to your own specification, and residents share the scheme’s swimming pools, wellness spa and walking paths, in line with other one-bedroom penthouses in Tatlısu.

  • Internal area: 52 m²
  • Balcony: 10 m²
  • Roof terrace: 25 m²
  • Bedrooms: 1
  • Bathrooms: 2
  • Kitchen: customisable finish
  • Climate control: air conditioning, underfloor heating to the bathrooms
  • Shared facilities: swimming pools, wellness spa, walking paths

Where does Malibu Phase 5 sit in Tatlısu?

This top-floor loft sits in Malibu Phase 5, set on the Tatlısu coast in the Famagusta district with the Beşparmak range behind it. The sea is a short downhill walk, and the drive west to Kyrenia takes 40 to 45 minutes.

A certified Cittaslow since June 2019, the slow-city village of Tatlısu builds daily life around its working harbour, olive groves and natural sea pools.

  • Beach: a short walk downhill
  • Kyrenia town: 40 to 45 minutes west by car
  • Ercan International Airport: about 45 to 50 minutes south
  • İskele: about 35 to 40 minutes east
  • Famagusta town: under an hour southeast

What does the penthouse cost, and when is it ready?

The one-bedroom penthouse is priced at £249,950, with completion estimated in 2026. Buyers place a 35% down payment and clear the remaining 65% interest-free across three years, paying the balance in stages rather than at once.

At this entry level the loft reads as a holiday base or a letting buy, worth weighing against the Tatlısu investment case before you commit.

  • Price: £249,950
  • Status: for sale, off-plan
  • Estimated delivery: 2026
  • Deposit: 35% down payment
  • Payment plan: 65% balance interest-free over 3 years

FAQ

Can foreign nationals own a penthouse in Tatlısu?

Yes. Non-residents can buy once a purchase permit clears, with purchasing as a non-resident subject to the foreign-ownership caps in force since 2024.

What outdoor space does the loft have?

The loft opens onto 35 m² of terraces: a 10 m² balcony off the living space and a 25 m² roof terrace above, angled for sea and mountain views.

What are the costs on top of the price?

On top of the £249,950 come the standard TRNC charges: a 9% transfer fee, 5% VAT on a new build, 0.5% stamp duty, and a flat 10% tax on letting income.

What is there to do around Tatlısu?

Days out around the fishing harbour take in seafood tavernas, the Minia Kıbrıs miniature museum, the 12th-century Panagia Pergaminiotissa church and hiking in the Beşparmak range.

Details

Updated on August 19, 2026 at 10:32 am
  • Price: £249,950
  • Inside Area: 52m²
  • Outside Area: 35m²
  • Bedroom: 1
  • Bathrooms: 2
  • Property Type: Off-Plan, Penthouse
  • Property Status: For Sale

Additional details

  • Estimated delivery date: 2026
  • Deposit: 35% down payment
  • Payment Plan: 65% interest-free over 3 years

Address

  • City Tatlisu
  • State/county Famagusta
  • Country North Cyprus

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