Area
75 м2
Bedrooms
2
Bathrooms
1
Year of construction
2025
Penthouse in Northern Cyprus. City - Esentepe
A luxury penthouse near the sea will attract your attention!
A luxury penthouse for sale in a complex under construction, which will be completed in May 2025. The complex is located 100 meters from the sea, near the village of Esentepe, offering a unique combination of resort atmosphere and sea scenery. The installment is available until May 2026. This is a great place for both personal residence and rental. The complex has all modern amenities: thermosiphon water heating system, air conditioning infrastructure, natural marble for stairs and terraces, kitchen cabinets with melamine doors and laminate countertops. The front door is decorated with MDF panel, the interior doors are made of American press and the railings are made of tempered glass. The aluminum-framed windows are equipped with double-glazed windows. Future owners will be able to choose flooring from ceramic tiles or parquet. The complex has a central satellite system and central Wi-Fi internet. There are landscaped gardens, an artificial beach, infinity and communal swimming pools with sea views. Residents will enjoy a spa, hammam, gym, steam room, tennis court and walking track. Property rental services, a restaurant with rooftop terrace and a variety of outdoor sports activities are also offered. This is an investment opportunity and a great option for a family vacation in a stunning location with sea and mountain views. All infra
Additional details
Property type
Residential Properties
Number of rooms
2
Object type
Penthouse
Price
273 518 $
Infrastructure
Fitness center
Open pool
FAQ
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.
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 Esentepe 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 (273 518 $) 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 Esentepe: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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International Real Estate Consultant