Main Countries Buy Rent

Penthouse 88 м² in Esentepe, Cyprus

ID 4OjO0
Share
VKFacebookOK
Area
88 m²
Bedrooms
2
Bathrooms
2

Description

Penthouse in Northern Cyprus. City - Esentepe

A spacious 2+1 penthouse is offered in the Lighthouse complex, located in the Esentepe area on the first coastline.


And yet the main advantage of this property is not even its own pool. Here there is a truly rare, direct and unobstructed view of the Mediterranean Sea. Nothing will be built in front of the complex, so the sea panorama will remain part of this apartment in the future as well.


It is about five minutes to Esentepe beach. Nearby there are restaurants, cafes, shops and the necessary infrastructure for holidays or permanent residence.


About the apartment


The penthouse includes two bedrooms, two bathrooms, a spacious living room with an open-plan kitchen and a large roof terrace.


The total area of the property is 175 m², the enclosed living area is 88 m².


On its own terrace there is a private pool. From here there is a panoramic sea view, which looks especially beautiful at sunset. The terrace is suitable for relaxation, meeting friends, family dinners or simply quiet time by the pool.


The apartment is fully furnished. Additionally, a new set of built-in appliances and air conditioning equipment was purchased for it at a total cost of £5,500.


The price includes appliances:




  • Grundig GEBE 11202 W — built-in oven;

  • Grundig GIEV 644 X — built-in electric hob;

  • Grundig GMI 12311 B — built-in microwave oven;

  • Grundig GPWD 107454 — washer-dryer with 10 kg load;

  • Leisure PBL 9964 FTA — fully integrated dishwasher;

  • Leisure PDLG 52 S — built-in kitchen extractor hood;

  • Three air conditioners with heating function.


  • Total cost of purchased appliances: £5,500.


    Advantages of the property:




    • first coastline;

    • direct unobstructed sea view;

    • about five minutes to Esentepe beach;

    • own pool on the terrace;

    • spacious private roof terrace;

    • 2+1 layout;

    • two bedrooms and two bathrooms;

    • total area 175 m²;

    • enclosed area 88 m²;

    • fully furnished;

    • new built-in appliances;

    • three air conditioners with heating function;

    • parking;

    • well-maintained complex grounds;

    • maintenance of the private pool and garden is included in the management company's services.


    Title and purchase conditions


    The property is available for purchase by foreign buyers.


    At the moment, the individual title has not yet been divided. The division procedure is at the final stage of verification. Before making a deposit, the current title status and registration procedure must be additionally confirmed in writing.


    This penthouse is suitable for permanent living by the sea, personal holidays or rental. The combination of first coastline, private pool and unobstructed sea view is not so common, especially in already completed properties.


    When purchasing real estate, VELES Property provides transaction support, as well as assistance in obtaining a residence permit and opening a bank account in Northern Cyprus.



    When purchasing real estate - VELES Property provides assistance in obtaining a residence permit and a bank account in Northern Cyprus.


    Watch all our videos on the channel .




    Subscribe to our and , be the first to receive information about new properties, services, legislative changes.

    Characteristics

    Property type
    Residential Properties
    Number of rooms
    2
    Object type
    Penthouse
    Price
    356 531 $
    Year of construction
    2024

    Infrastructure

    • Fitness center
    • Open pool

    FAQ

    How can I get a residence permit by buying property in Cyprus?

    In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Esentepe; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

    Is a mortgage available for non-residents in Cyprus?

    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.

    What taxes and fees apply when buying in Cyprus?

    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.

    How is the title checked in Cyprus?

    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.

    Can I rent out property after purchase in Cyprus?

    Yes. Rental income tax is 5–25% depending on the regime. In Esentepe short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

    Is a property inspection recommended before purchase?

    Yes. An inspection costs about 0.5–1% of the price (356 531 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

    How long does the purchase process take in Cyprus?

    A typical transaction runs 30–90 days, averaging 45 in Esentepe: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

    Related sections

    How to choose the right school abroad: tips and recommendationsApartments in a business class complex in Limassol, Cyprus: an ideal place for life and businessThe first new generation hotel and rehabilitation center in Cyprus.Are property prices in Europe really continuing to decline?Features of the banking system in Northern Cyprus: what you need to know?Damage of the pool law to Cyprus real estate and tourism sector. #CyprusNewsAdvantages of buying rural property in CyprusChase Buchanan Wealth Management has published a new free guide to the Italian tax system for expats.
    Penthouse with 2 bedrooms in Esentepe, Cyprus