Flat 93 м² in Guzelyurt, Cyprus

100 447 $

1 080 $ /м²

4OVRf

Flat 93m² in Cyprus, Guzelyurt. Priced at 74400£ rent photo- #1

Flat 93m² in Cyprus, Guzelyurt. Priced at 74400£ rent photo- #2

Flat 93m² in Cyprus, Guzelyurt. Priced at 74400£ rent photo- #3

Flat 93m² in Cyprus, Guzelyurt. Priced at 74400£ rent photo- #4

Flat 93m² in Cyprus, Guzelyurt. Priced at 74400£ rent photo- #5

Flat 93m² in Cyprus, Guzelyurt. Priced at 74400£ rent photo- #6

Area

93 м²

Bedrooms

Bathrooms

Modern apartments with high rental income potential in North Cyprus

Stylish apartments with high rental income potential in Güzelürt in North Cyprus The project is located in Güzelürt and is an ideal place to buy apartments in North Cyprus. Güzelürt is a developed area with the METU campus and the North Cyprus Technology Valley. The modern apartments are 500 m from the METU campus, 1.5 km from the center of Kalkanli, 5 km from the center of Güzelyurt district and Güzelyurt Medical Center, 9 km from the Cyprus University of Health and Social Sciences, 15 km from Aphrodite Beach, 19 km from CMC Golf Club, 40 km from Girne, 48 km from Lefkosha, 57 km from Troodos Ski Center, 60 km from Ercan Airport, 93 km from Larnaca Airport and 120 km from Paphos Airport. The project consists of 3 blocks named Citrus, Lemon and Mandarin. In total there are 88 apartments and 13 commercial properties in the project. The apartments are built on 2+1 scheme in Citrus and Mandarin blocks and 1+1 in Lemon block. The apartments consist of a living room, bedroom, open plan kitchen, bathroom and balcony. The number of rooms varies depending on the type of apartment. The modern apartments are covered with laminated parquet in the living rooms and bedrooms, ceramic tiles in the kitchen and bathrooms. The apartments are equipped with satellite TV, internet and air conditioning. The apartments are sound and heat insulated.

Additional details

Property type

Residential Properties

Object type

Flat

Price

100 447 $

FAQ

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 (100 447 $) 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).