Loft in Northern Cyprus. City - Bogaz
Looking for North Cyprus real estate, loft apartments by the sea, or investment property in North Cyprus with high rental income? Modern loft apartments in a residential complex are an excellent opportunity to buy North Cyprus real estate for living, vacation, or investment. The duplex-loft format in North Cyprus is especially in demand due to its functional layout, resort infrastructure, and stable rental demand.
This unique duplex-loft offers spaciousness and functionality across two levels, creating a comfortable sense of open space. On the first floor, there is a cozy living room — the perfect place for relaxation, socializing, and entertaining guests. The modern kitchen with a dining area is fully equipped with everything necessary for comfortable home cooking.
On the second level, there is a bedroom designed in a cozy style, with a comfortable bed and storage spaces. High ceilings and large panoramic windows provide excellent natural light and create an atmosphere of comfort and lightness.
The residential project offers rich resort-level infrastructure: SPA center, Turkish bath, sauna, fitness room, as well as indoor and outdoor pools. For families, children's play areas are provided. The territory also includes two restaurants, a supermarket, a water park, a tennis court, mini-golf, and sports zones, forming a fully autonomous and comfortable living environment.
The residential complex has a management company, thanks to which owners can receive stable rental income from real estate in North Cyprus without personal involvement in managing the property.
Loft apartments are perfect for both personal living and investment in North Cyprus real estate with high rental yield and potential for value growth.
Apartments are available for purchase only to citizens of North Cyprus and Turkey.
In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Bogaz; 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 Bogaz 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 (158 170 $) 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 Bogaz: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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