Apartments for sale with private garden in a new complex on the coast of North Cyprus, Esentepe
A luxury property for sale in a residence on the Mediterranean Sea in the northern part of Cyprus, in the town of Girgne, district Esentepe.
The complex consists of 4 blocks of 3 floors, 30 apartments in total, located 2 minutes walk from the sea.
The complex provides a wide range of facilities including car parking, children's playground, barbecue, cafe and vitamin bar, decorative and indoor swimming pools, botanical garden, recreational facilities, Turkish bath, fitness center, spa reception, steam room, sauna, changing room and disabled showers and toilets. There is also an outdoor infinity pool.
The apartments are available in four layouts priced from 193,000€ :
Each apartment has one or two bathrooms with shower and toilet, a kitchenette and one or two terraces.
The residence is located in the prestigious area of Girgne, just a few minutes drive from the city center. It is a great place to live or invest in real estate. Don't miss your chance to become the owner of a luxurious property by the sea!
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 (213 863 $) 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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