Flat in Northern Cyprus. City - Kyrenia
SA-2295
Address: Bahceli, Kyrenia
Living area: 68 m²
Bedrooms: 2
Bathrooms: 1
Year built: 2008
Property Type: 2+1 Two-bedroom Apartment, Apartment
Property Status: Resale, For Sale
Cozy apartment by the sea will catch your attention!
So, this apartment is located in a very cozy area. Between Tatlisu and Bahceli, literally 50 meters from the sea. The area is currently developing and being built up with infrastructure. Just 30 minutes drive to Iskele or Kyrenia town.
The apartment is located in a large well-maintained complex. There is a sauna, gym. Moreover, two huge pools and a children's pool and playgrounds. The complex maintenance is only 100 pounds. Closed territory, access only by key.
The apartment is on the ground floor, with a luxury terrace and private garden. And there is also a barbecue area. The apartment has two bedrooms, fully furnished. There is a bathtub and washing machine in the bathroom. One of the bedrooms has a built-in safe. Both the bedroom and living room have access to the terrace. All furniture and appliances remain in the apartment. Nothing needs to be purchased, this is a bonus.
Do not miss the opportunity to buy this apartment at such an advantageous price! Everything is there, move in and live!
In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Kyrenia; 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 Kyrenia 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 (105 089 $) 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 Kyrenia: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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