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Penthouse 65 м² in Kyrenia, Cyprus

ID 4ObPz
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Area
65 m²
Bedrooms
1
Bathrooms
1

Description

Penthouse in Northern Cyprus. City - Kyrenia

"One-bedroom apartment in Kyrenia will attract your attention!\nWelcome to a unique space of comfort and luxury!\nWe present to you a brand new 6-storey building that will bring your dreams to reality by 2025. Located in close proximity to the city center. Our residence offers a unique combination of urban convenience and serenity of a remote corner.\nApartments with one bedroom will immerse you in an atmosphere of coziness and intimacy. Area of 65 square meters. Elegant living room, functional kitchen, and cozy bedroom create the perfect space for your life.\nThe location of our home is truly magical. Just a step away from the hustle and bustle of the city. In a quiet dead-end block, which will provide you with solitude and peace despite being close to the heart of the city.\nChoose your dream and make it a reality with us. The first apartments are already reserved, but there are still plenty of options to choose from. Contact us today and find your corner of happiness in our new building by 2025. Also, you can inquire with us about the possibility of installment payments without bank interest.\nAlso, in this complex, we have available:\n\nTwo-bedroom apartment in Kyrenia\n\n\nSo, a one-bedroom apartment in Kyrenia is waiting for you!\n\n\nUpon purchasing these apartments—VELES Property provides assistance not only in obtaining residence permits but also in opening a bank account, obtaining a driver's license, and medical insurance in Northern Cyprus!\n\n\nWatch all our videos on the channel \n\n\nSubscribe to our and to be the first to receive information about new properties, services, and changes in legislation."

Characteristics

Property type
Residential Properties
Number of rooms
1
Object type
Penthouse
Price
233 365 $
Year of construction
2025

FAQ

How can I get a residence permit by buying property in Cyprus?

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.

Is a mortgage available for non-residents in Cyprus?

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.

What taxes and fees apply when buying in Cyprus?

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.

How is the title checked in Cyprus?

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.

Can I rent out property after purchase in Cyprus?

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.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (233 365 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Cyprus?

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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Penthouse with 1 bedroom in Kyrenia, Cyprus