One bedroom luxury apartment for sale with garden terrace in Cyprus, North Cyprus, Kyrenia
A luxury apartment with garden terrace.
This complex has and takes into account all the different tastes and needs. Above all everything is designed to bring new things into your life. To make all your dreams come true and in addition to enjoy the Cypriot flavor of nature in all 360°. Accommodation, as well as recreation in such an apartment is always at a high level in every sense.
A little bit about the area itself.
The complex is located on a hilly area in the foothills of the Cyrenian ridge. The place is a suburb of Kyrenia, which bears the modern name of Alsanjak. The notability of this colorful suburb is the deep history. Its origin dates back to the foundation of the village of Lapithos-Lambousa, aka Karavas, in the 7th century. It was the center of ancient Hellenic culture on the island. All the ancient historical heritage is now preserved in the main museum of the island, as well as in the British and New York museums. The modern heritage, on the other hand, is the famous personalities who hail from this place. American scientist, professor of organic chemistry Kyriakos Nikolaou, as well as the father of the famous British pop singer George Michael.
When buying this apartment - registration of residence permit, bank account, driver's license in North Cyprus for the whole family as a gift from the company!
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 (114 329 $) 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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