Flat in Northern Cyprus. City - Kyrenia
Forget about old shops - with our project, these buildings will be replaced with a new embodiment of luxury and convenience. More retail space, more parking spaces - there is a place for every desire.
But that's not all! For the owners of our elite apartments, we have a special bonus - a private pool in the backyard of the complex. Imagine luxurious morning swims and relaxing evenings in a cozy atmosphere.
And the choice of apartments? We have everything to satisfy your most exquisite needs. From cozy two-bedroom apartments to luxurious apartments with three and four bedrooms - everyone will find their ideal home here.
And of course, our construction quality is at the highest level, meeting all modern standards. We use only the best materials to ensure that your home is not only beautiful but also reliable for many years to come.
In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Kyrenia; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Cyprus finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Cyprus takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Kyrenia short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (680 650 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Kyrenia: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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