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Flat 121 м² in Kyrenia, Cyprus

333 131 $

2 753 $ /м²

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Area

121 м2

Bedrooms

2

Year of construction

2025

Luxurious seaside resort from one of the leading companies on the island

Luxury apartments are for sale in an exclusive resort on the seaside. The project includes a five-star boutique hotel and a residential complex where residents can enjoy all the hotel amenities. The overall booking system ensures high occupancy and profitable rental income. The management company, with a rating of 9.4/10 on Booking.com, ensures successful rental of apartments with occupancy rates of up to 80%.
Investment advantages:
1. Close proximity to Kyrenia, the main tourist city, while maintaining a private atmosphere.
2. Frontline and direct access to the sea with a safe tunnel to the beach.
3. Partnership with the best rental company on the island.
The project is expected to be completed in March 2025. Distances: Beach - 100 m, Kyrenia - 10 km, Airport - 45/75 km, Famagusta - 65 km.
The infrastructure includes pools, beach club, water sports, spa-restaurant, fitness center, children's playground, and much more. The resort offers elegant apartments in Cypriot style. Contact for rental income calculation and additional information.

Services and facilities

Street window
Pool
Private beach
Balcony or terrace
Household appliances

Additional details

Property type

Investment

Number of rooms

2

Floor

0

Object type

Flat

Price

333 131 $

Condition

New Building

Location

By the Sea

Characteristics

Street window
Pool
Private beach
Balcony or terrace
Household appliances

Infrastructure

Open pool
Indoor pool
Fitness center
Relaxation area
Spa zone
Sauna
Massage room

Distance to key points, m

To sea 100
To center 10000

Purchase method

Installment plan
Cash

FAQ

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 (333 131 $) 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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