Flat 119 м² in Famagusta, Cyprus

327 144 $

2 749 $ /м²

4OUpK

Flat 119m² in Cyprus, Famagusta. Priced at 240000£ rent photo- #1

Flat 119m² in Cyprus, Famagusta. Priced at 240000£ rent photo- #2

Flat 119m² in Cyprus, Famagusta. Priced at 240000£ rent photo- #3

Flat 119m² in Cyprus, Famagusta. Priced at 240000£ rent photo- #4

Flat 119m² in Cyprus, Famagusta. Priced at 240000£ rent photo- #5

Flat 119m² in Cyprus, Famagusta. Priced at 240000£ rent photo- #6

Area

119 м²

Bedrooms

Bathrooms

Elegant apartments with spectacular views in Iskel, Cyprus.

This residential complex is located at the edge of a cliff in the Esentepe region of northern Cyprus, east of the lively town of Kyrenia. The climate is characterized by Mediterranean weather; temperate seasons in summer and winter thanks to the sea breeze and pine forests.The residential project is located 5 minutes drive from Korineum Golf Club, 2.5 km from the village of Esentepe, 5 km from the beach of Turtle Bay and 26 km from the center of Kyrenia.Just 100 m from a well-equipped beach and surrounded by breathtaking views of the Mediterranean Sea and mountains, this complex is ideal for peaceful living or relaxation. Distance to amenitiesDistance to the center: 900 mDistance to the beach: 750 mDistance to airport: 46 kmDistance to stores: 3.4 kmFeatures of elegant apartments in IskelThe complex is located on a plot of 85.000 sq. m. It offers options of studios, one and two bedroom apartments. All apartments have PVC double glazed windows, sewage systems, water heating, electricity, TV and internet outlets, kitchen countertops in your choice of color, cabinets, stainless steel sink and ceramic floors.The complex has several common amenities and features including a shared outdoor pool, water park, fitness center, sauna, hot tub, walking and biking trails, playground, restaurants, bars, cafes and organic gardens.

Additional details

Property type

Residential Properties

Object type

Flat

Price

327 144 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Famagusta; 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 Famagusta 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 (327 144 $) 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 Famagusta: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).