Flat in Northern Cyprus. City - Esentepe
North Cyprus real estate by the sea is an excellent opportunity to purchase a modern apartment in the completed residential project Lanai Homes, just 200 metres from the coast. These apartments in North Cyprus are ideal for permanent residence, holiday or a profitable investment. The project is located within walking distance of the sea and offers comfortable infrastructure, quality finishes, swimming pools, a SPA area and modern amenities for life by the Mediterranean Sea.
The completed residential project Lanai Homes in North Cyprus is located just 200 metres from the sea, allowing you to enjoy walks to the coast and beautiful sea views every day.
This is a wonderful option for those who want to buy an apartment in North Cyprus near the sea and get comfortable housing in a modern complex with developed infrastructure.
Residents of the project are provided with all conditions for comfortable relaxation and a full life:
Lanai Homes is created for those who appreciate comfort, tranquility and the opportunity to enjoy all the advantages of life by the sea in North Cyprus.
During the construction of the project, the developer used high-quality materials and modern technologies.
The apartments feature:
Every detail is thought out to create a comfortable and functional space that meets modern housing standards.
Spacious one-bedroom apartments are offered with a total area of 49 m², including a balcony of 12 m².
Apartment layout:
Thanks to the well-designed layout, the apartment is ideal both for own residence and for renting out.
This is a profitable offer for those looking for affordable real estate in North Cyprus near the sea with high potential for value growth.
Apartments at Lanai Homes are not only a comfortable place to live, but also an attractive option for investment.
Thanks to its location near the sea, the completed status of the project and developed infrastructure, the apartment can be an excellent choice for:
The developer offers interest-free instalments and a convenient payment schedule:
✔ Down payment — 50%;
✔ The remaining 50% can be paid over 2 years.
✔ North Cyprus real estate by the sea
✔ Completed project Lanai Homes
✔ Only 200 metres to the sea
✔ Modern 1+1 apartment
✔ Total area 49 m²
✔ Balcony 12 m²
✔ Swimming pools and SPA area
✔ Gym and cafe on site
✔ High-quality finishing materials
✔ Interest-free instalments from the developer
✔ Excellent option for living and investment
In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Esentepe; 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 Esentepe 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 (200 953 $) 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 Esentepe: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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