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Flat 45 м² in Bogaz, Cyprus

ID 4OcPo
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Area
45 m²
Bedrooms
1
Bathrooms
1

Description

Flat in Northern Cyprus. City - Bogaz








North Cyprus real estate: modern apartment in Boaz with resort-level infrastructure

Looking for North Cyprus real estate by the sea for living, holiday or profitable investment? A modern apartment in Boaz is an excellent option for those who want to buy an apartment in North Cyprus in a promising area with high rental potential. Apartments in Boaz are in great demand due to their proximity to the sea, developed infrastructure and opportunities for stable rental income. This property is ideal both for permanent residence and for investment in North Cyprus real estate with subsequent rental.


This bright and cosy apartment will be a great choice for buyers who want to design the interior themselves and create a comfortable space to their own taste. Spacious and functional rooms allow you to realise any design ideas and make the home as convenient as possible for living.


The apartment includes a living room, bedroom, equipped kitchen and modern bathroom. The convenient layout makes the property ideal both for personal residence and for holidays on the coast of North Cyprus.


The residential complex offers rich resort-level infrastructure: SPA centre, Turkish bath, sauna, fitness centre, indoor and outdoor pools. For families there is a children's playground and recreation areas. The territory will also have two restaurants, a supermarket, a water park, a tennis court, mini-golf and sports grounds, which creates a fully autonomous and comfortable living environment.


An additional advantage is the presence of a management company, thanks to which owners can receive income from renting out real estate in North Cyprus without the need for personal participation in managing the property. The apartment in Boaz represents an excellent investment opportunity with high yield and prospects for growth in property value.


The apartments are available for purchase only for citizens of North Cyprus and Turkey.



So, the modern apartment in Boaz is already waiting for you!










When purchasing these apartments — VELES Property provides assistance not only with obtaining a residence permit, but also a bank account, driving licence, medical insurance, as well as in selecting a car in North Cyprus!




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Characteristics

Property type
Residential Properties
Number of rooms
2
Object type
Flat
Price
242 441 $
Year of construction
2027

Infrastructure

  • Fitness center
  • Open pool
  • Cafeteria
  • Playground

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 Bogaz; 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 Bogaz 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 (242 441 $) 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 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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Flat with 1 bedroom in Bogaz, Cyprus