2 Bedroom Penthouse Loft, Malibu Phase 5, Tatlisu
Overview
- Off-Plan, Penthouse
- 2
- 2
- 60m²
- 46m²
Description
This two-bedroom penthouse loft sits atop Malibu Phase 5 in Tatlısu, a slow-city fishing village on the Famagusta coastline. It offers 60 m² indoors alongside 46 m² of terrace, a 6 m² terrace and a 40 m² roof terrace, and is offered at £299,950 for delivery in 2026.
What is included in this two-bedroom penthouse loft?
The loft holds two bedrooms and two bathrooms over 60 m² of internal space, with 46 m² of outdoor living split between a 6 m² terrace and a 40 m² roof terrace. Built-in wardrobes line the bedrooms.
Underfloor heating runs through the bathrooms, the kitchen comes ready to customise, and the rooftop opens to sea views, giving it more terrace than most of the larger penthouse lofts in Tatlısu.
- Internal area: 60 m²
- Terrace: 6 m²
- Roof terrace: 40 m²
- Bedrooms: 2
- Bathrooms: 2
- Storage: built-in wardrobes
- Kitchen: customisable finish
- Climate control: air conditioning, underfloor heating to the bathrooms
- Shared facilities: swimming pools, pool bar, wellness centre
Where is Malibu Phase 5, and what is Tatlısu like?
Malibu Phase 5 stands in Tatlısu, a quiet village in the Famagusta district where the Beşparmak range meets the sea. The coast is a short walk away, and Kyrenia is roughly 40 to 45 minutes west along the shore road.
The shoreline here is made of the rocky coves below the village and natural sea pools rather than long sandy beaches, with Alagadi Turtle Beach further west toward Kyrenia.
- Beach: a short walk from the door
- Kyrenia town: 40 to 45 minutes west by car
- İskele: about 35 to 40 minutes east
- Ercan International Airport: about 45 to 50 minutes south
- Famagusta town: under an hour southeast
What is the price and payment structure?
The two-bedroom penthouse is priced at £299,950, ready in 2026. Purchasers put down 35% and spread the remaining 65% interest-free over three years, so the balance is settled in instalments through the build.
With space for a family or for entertaining, it also stacks up for letting, one angle on property investment across the Famagusta district.
- Price: £299,950
- Status: for sale, off-plan
- Estimated delivery: 2026
- Deposit: 35% down payment
- Payment plan: 65% balance interest-free over 3 years
FAQ
Yes. A purchase permit is required first, and overseas buyers and the permit process fall under the ownership caps applied since 2024.
Ercan International Airport is about 45 to 50 minutes south, while İskele lies roughly 35 to 40 minutes east along the coast.
Alongside the £299,950 price sit the transfer fee, VAT and stamp duty, which add around 8 to 20% in total, plus a flat 10% tax on rental income.
The village keeps a fishing harbour and seafood tavernas, the Minia Kıbrıs miniature museum and hiking trails through the Beşparmak mountains.
Details
Updated on August 19, 2026 at 10:32 am- Price: £299,950
- Inside Area: 60m²
- Outside Area: 46m²
- Bedrooms: 2
- 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
Features
Address
- City Tatlisu
- State/county Famagusta
- Country North Cyprus
Contact Information
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