Flat in Northern Cyprus. City - Guzelyurt
ID SA-2419
Property Type: 2+1, Penthouse, Apartment
Bedroom: 2
Bathroom: 2
Total Area: 215 m²
Year Built: 2026
Address: Gaziveren
Description
The 2+1 Penthouse Apartment in Gyuzelyurt will catch your attention!
This brand new project with affordable apartments is ideally located on the west coast of Northern Cyprus.
The project is situated in the Gaziveren area, right on the beach with stunning views of the sea and mountains. You will be just steps away from the crystal-clear waters of the Mediterranean Sea and a short walk from the city center.
This is a great example of investment property in Northern Cyprus. Due to its seaside location, high rental potential, and wide variety of internal and external facilities and services provided on the complex grounds.
The complex consists of 7 high-rise residential blocks, offering spacious studio apartments, 1- and 2-bedroom apartments at affordable prices in Northern Cyprus. Consider the most prestigious apartment in this complex. It is the penthouse on the top floor with two bedrooms. The apartment's area is a whopping 215 square meters. It features two separate bedrooms, a living room with a kitchen, two bathrooms, and a balcony. But the main highlight is the access to a large rooftop terrace. Additionally, all apartments have large panoramic windows, providing light and space.
Currently, the developer offers very favorable payment terms and installment options. 40% - down payment. 40% - installment until the keys are handed over. 20% - installment after key handover for 12 months. Payment options include: Cash, Swift Transfer, Bank Transfer, or Cryptocurrency.
Features:
Don't miss this wonderful opportunity to acquire an exclusive apartment at an affordable price near the beach and yacht marina in Gaziveren, Northern Cyprus.
So, the 2+1 Penthouse Apartment in Gyuzelyurt is waiting for you!
In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Guzelyurt; 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 Guzelyurt 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 (361 500 $) 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 Guzelyurt: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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