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Flat 121 м² in Kyrenia, Cyprus

333 131 $

2 753 $ /м²

4OWry
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Area

121 м2

Bedrooms

2

Year of construction

2025

Luxurious resort right on the beach by a leading company on the island

Luxury resort right on the seafront with one of the best accommodation rental companies on the island.
The uniqueness of this project lies in the fact that it consists of a five-star boutique hotel and a residential complex. Homeowners can enjoy all the hotel amenities. The hotel and apartment booking system is shared - people can see hotel room and apartment offers on one website.
ADVANTAGE - the best occupancy, allowing you to earn higher rental income from this apartment than other options. The sanatorium has a management company that deals with renting out your apartments. It is considered one of the most successful on the island - their rating on Booking.com is 9.4/10, and room occupancy in their hotel complex reaches 80%.
Why invest in this project?
1) Location 10 minutes west of Kyrenia - the country's main tourist city. This place still remains private, as it is a boutique project
2) Located on the first line and direct access to the sea: The complex is located on the first line. And there is a safe tunnel between the road, providing access to the beach - crossing the road is prohibited
3) Best accommodation rental company on the island
CONTACT ME TO GET RENTAL INCOME CALCULATION
PROJECT COMPLETION: March 2025
Distances:
Beach: 100 m - a tunnel is being built under the road, separating the hotel from the villas, allowing easy access to the beach from any apartment in the resort. Kyrenia: 10 km
Airport: 45/75 km
Famagusta: 65 km
Infrastructure:
Pools
Beach and beach club
Water sports
Health center
Rooftop bar
Spa restaurant
Café bar
Sauna
Fitness center
Sports facilities
Bike paths
Playground
Mini-golf
Beautiful gardens
The nearby town of Lapta also has excellent infrastructure - within walking distance from the resort, there are 13 restaurants. The apartments of this resort are decorated in an elegant Cypriot style.

Additional details

Property type

Residential Properties

Number of rooms

2

Floor

0

Object type

Flat

Price

333 131 $

Distance to key points, m

To sea 100

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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