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House 242 м² in Edremith, Cyprus

546 971 $

2 260 $ /м²

4OUSR
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Area

242 м2

Bedrooms

3

Bathrooms

3

NO-334-2, Mountain View Villa (4 rooms, 3 bathrooms) with sea view and balcony in North Cyprus, Edremit (NO-334-2)

The house in Turkey has a stunning sea view. The guest house is about 0,5-1 km from the nearest beach. The nearest airport is approx. 0-50 km away. The property has an area of 242 m². There are 4 rooms and 3 bathrooms in total. All rooms can be used as bedroom or living room. The kitchen is separated into a separate room. The house also has a private balcony. The property is equipped with satellite/TV and air conditioning. A beautiful garden is part of the property. There is a swimming pool on site, where you can take a refreshing dip and enjoy a nice summer day. To stay in shape, the hotel has a gym. There is a parking space available. The house can be bought fully equipped, with all kitchen appliances installed. The square meters of properties for sale in Turkey are usually listed according to English and US standards. The net square meter does not include, for example, a balcony. Please deduct approximately 10-15%.

Additional details

Property type

Residential Properties

Object type

House

Price

546 971 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Edremith; 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 Edremith 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 (546 971 $) 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 Edremith: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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