Flat in Northern Cyprus. City - Esentepe
Northern Cyprus real estate by the sea in one of the most picturesque areas of Kyrenia. A ready 1+1 apartment in Esentepe, located right above the municipal beach — the ideal option for comfortable living, relaxation, or a profitable investment. Convenient location, walking distance to the beach, and high rental potential make this property especially attractive for real estate purchase in Northern Cyprus.
A cozy one-bedroom apartment for sale in a new residential complex, located just 1 minute's walk from Esentepe beach and the nearest market. About 30 minutes from Kyrenia center by car, and only 10 minutes to the popular Korineum golf club, which is especially valued by tenants and active lifestyle lovers.
The small complex, which includes several apartments and two villas, creates an atmosphere of privacy, coziness, and tranquility with a minimal number of neighbors. A common pool is provided on the territory, where you can enjoy the sun and relaxation at any time of day.
The apartment is offered in a finished state of repair: a kitchen set and all necessary plumbing are installed.
The property is perfect for those considering:
buying Northern Cyprus real estate by the sea
a ready apartment in Esentepe
apartments near the beach for relaxation
investment property with rental income
Thanks to its advantageous location and the demand for the area, the apartment is ideal for both short-term and long-term rentals, ensuring stable income and capital appreciation.
Do not miss the opportunity to acquire liquid Northern Cyprus real estate right by the sea and invest in the comfortable future of your family.
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 (220 401 $) 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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