Mediterra by Kibris Developments40 years building in North CyprusTwo prior Alsancak projects deliveredIFC EDGE Green Building program
360° orbit · the penthouse
Around the penthouse.
Drone orbit · click to play full
A single drone pass — the apartment, the rooftop terrace, the sea behind.
i.Why this penthouse
Four facts. Independently verifiable.
The penthouse is built, finished and furnished — no off-plan timeline, no design uncertainty, no fit-out period. Conditions of sale are transparent.
iDelivered
Building completed November 2025.
Construction is finished. Common amenities are operational. The unit can be inspected today and handed over within weeks of contract signing.
iiFurnished
Move-in ready.
A complete bespoke interior package is included — bedroom suites, sofas, dining, kitchen appliances, terrace furniture, soft furnishings, lighting. No further fit-out time or cost.
iiiOutlook
Upper floor, west-facing terrace.
A private terrace opening onto the Mediterranean horizon, with the Kyrenia mountain range standing behind — both views held by this residence alone.
ivPricing
Below current replacement cost.
Priced below what the same penthouse costs today as a fresh purchase from the developer — and includes the furniture pack and immediate possession a new contract cannot offer.
ii.The visual tour
The complex, from above.
An aerial pass over Mediterra itself — the pools, the palms, the building footprint, the Mediterranean behind. Filmed on site in April 2026, no staging, no CGI. Click play to watch the full clip.
Living & dining01 / 11
Kitchen island02 / 11
Living to terrace03 / 11
Galley kitchen04 / 11
Master bedroom05 / 11
Bedroom · sea view06 / 11
Twin bedroom07 / 11
Master en-suite08 / 11
Family bath09 / 11
Roof pergola10 / 11
Roof · mountain11 / 11
Aerial film · April 2026
The complex, from above.
Drone, no edit · click to play full
Filmed on site, no staging or CGI.
iii.The penthouse details
The layout.
Three bedrooms, two bathrooms, an open living/dining/kitchen volume opening to a private terrace allocated to this unit alone. Architect's drawings provided in the deal pack.
Flat gross area
131.35 m²
Bedrooms
3 master with en-suite + walk-in
Bathrooms
2 master en-suite + family
Floor
Upper penthouse · 2-floor block
Terrace
66.79 m² private roof terrace
Orientation
South-west sea + mountain
HVAC
A/C throughout central cooling + underfloor heating in 2 baths
Energy
EDGE participant certification level confirmed in deal pack
§
First-floor planArchitect's drawing · scale 1:100
MED · O3SCALE 1:100FIRST FLOORSHEET A-101
1En-suite bedroom Ebeveyn Yatak Odası22.32 m²
2Bedroom 1 Yatak Odası 110.88 m²
3Bedroom 2 Yatak Odası 216.31 m²
4Shower room Banyo3.91 m²
5Entrance & hall Antre & Hol11.52 m²
6Living / dining + kitchen Salon + Mutfak33.47 m²
7Balcony Balkon3.41 m²
8French balcony Fransız Balkon6.52 m²
Architect's first-floor planFlat gross 131.35 m² · roof terrace 66.79 m² · grand total 216.59 m²
The interior package.
The penthouse is delivered with a coordinated furniture and fixtures package: integrated kitchen with built-in appliances, full bedroom suites in three rooms, a modular sofa system in the living area, dining set, premium mattresses, complete bathroom textiles, kitchen and tableware, terrace furniture including outdoor bar and seating.
Full transparency upfront. The seller does not represent you — your independent lawyer does. Below: the path from inquiry to title, with itemised costs.
01
Inquiry & qualification
You request the deal pack. We answer questions via WhatsApp or call. You decide whether to proceed — without obligation.
1 – 3 days
02
Independent legal engagement
You engage a lawyer admitted to the Cyprus Turkish Bar Association. We can suggest firms if helpful, or you appoint your own — the choice is yours.
3 – 7 days
03
Reservation & due diligence
Refundable reservation deposit into your lawyer's client account. Title search, contract review, Permission-to-Purchase feasibility.
14 – 30 days
04
Contract signing & land registry
Tripartite assignment agreement signed by you, the current contract holder, and Kibris Developments. Registered at the District Lands Office within 21 days. Stamp duty paid (0.6% of contract value).
30 – 45 days
05
PTP, tax settlement & title path
Permission-to-Purchase application filed with the Council of Ministers. Once approved, final taxes are settled and title transfers into your name.
3 – 12 months PTP · 12 months title
Buyer protections built into TRNC law.Your sales contract is registered at the District Lands Office within 21 days of signing — creating a legal encumbrance on the property in your favour. The seller cannot resell, mortgage, or transfer the unit while your contract is registered. This is your primary legal protection until full title transfers in your name.
v.The community & location
What you live with.
Mediterra is a 92-residence Mediterranean-village concept by Kibris Developments — eight villas and four low-rise blocks across a single landscaped site, an IFC EDGE Green Building participant.
Mediterra · aerial
Top-down · 92 residences across a single landscaped site
Adult swimming pool · children's pool · fitness, gym and yoga studio · bocce court · children's playground · events square · open-air amphitheatre.
Adult pool · sea horizonLong pool · courtyardsGym · yoga studioChildren's playground
Mediterra · Yeşiltepe / Alsancak
5minKaraoğlanoğlu beachMediterranean swim coast
12minFive Finger trailheadBeşparmak range
15minKyrenia (Girne) old townHarbour · castle · restaurants
45minErcan International AirportDirect flights via Türkiye
2hrLarnaca InternationalVia Pergamos crossing
vi.The developer
Who built this.
Kibris Developments — Blueway Holding Ltd.
Family-owned construction company operating in North Cyprus since 1985. Member of the Cyprus Turkish Building Contractors Association (KTİMB). Recent delivered Alsancak projects: Natura (2021), Terra (2023), Terra Hill, Neo Terra, Akik House.
Mediterra is their largest current project — 92 residences delivered in November 2025. Bank financing available up to 65% via Türkiye İş Bankası, subject to buyer eligibility.
40 years
Operating in North Cyprus since 1985.
6+
Delivered residential projects · Milos Park · Escape · Kıbrıs Town Houses · Natura · Terra · Mediterra.
EDGE
IFC Green Building program participant. Certification level confirmed in deal pack.
Project status — April 2026
Construction completed November 2025
All amenities fully operational
Community actively occupied
Penthouse ready to view
Sale direct from the owner.
vii.Frequently asked
Twelve questions.
Direct answers — the same ones we'd give in a phone call. Anything more specific belongs with your lawyer.
What is a "private contract assignment"?
The current owner has paid for the penthouse in full but has not yet received an individual title (which is issued once Permission-to-Purchase is granted to the buyer and final transfer is registered). They are assigning their contractual rights to a new buyer, with the developer's written consent. You become party to the underlying sales contract; title is then issued in your name following PTP.
When do I receive the title deed?
Three to twelve months for Permission-to-Purchase approval, then up to twelve months for final title transfer. Timeline depends on Council of Ministers processing speed and your nationality.
Why is the seller selling?
Personal portfolio rebalancing. The unit was always held privately, never placed in a rental pool.
Can I rent it out before title transfers?
Yes — beneficial interest in a registered contract permits rental. We can recommend established local property-management partners.
What is included in the price?
The penthouse, its private terrace, and the complete furniture and fixtures package. A full list accompanies the deal pack.
What additional costs am I looking at?
Approximately 15–16% on top of the contract price for taxes, transfer fees, transformer contribution, and legal. The breakdown is itemised in section iv (The Transaction).
Do I need a Permission-to-Purchase?
Yes — all foreign buyers in TRNC need Council of Ministers approval. The process takes 3–12 months. Standard requirements: passport, criminal-record certificate from your home country, source of funds.
Who handles the legal work?
You engage your own independent lawyer (Cyprus Turkish Bar Association). We strongly recommend you do not use the seller's or developer's lawyer. We can suggest firms if helpful, or you appoint your own.
How does payment work?
Funds flow through your independent lawyer's client account in TRNC. Standard practice for property transactions of this size.
What about my home-country tax?
Consult your own tax adviser. TRNC taxes are settled at transfer; home-country implications vary by jurisdiction.
Is bank financing available?
Up to 65% via Türkiye İş Bankası, subject to your eligibility. Other TRNC banks also lend to foreign buyers.
viii. The next step
Two ways to start.
No pressure, no follow-ups beyond what you ask for. Both routes go to the same person — the owner.
Request the deal pack.
A PDF brief — detailed specifications, full cost breakdown, suggested legal process, high-resolution gallery, and the interior inventory. Sent within 24 hours of qualifying.
Mediterra · Alsancak · Kyrenia District · Northern Cyprus
Sale type: private contract assignment · Ref MED-O3
Independent legal advice strongly recommended. This page is marketing information only and does not constitute a warranty of title, legal advice, or representation regarding cross-border legal or tax considerations applicable in the buyer's country of residence.
