Flat in Northern Cyprus. City - Kyrenia
Property type: 1+1, Apartment
Bedroom: 1
Bathroom: 1
Living area: 51 m²
Total area: 58 m²
Balcony: 6.7 m²
Year of construction: 2025
Address: Alsancak, Kyrenia
Apartments in a small complex in Alsancak will catch your attention!
These almost ready 1+1 apartments in Alsancak are offered at a very advantageous price. Primarily, the apartments are located in the center of Alsancak, which is situated 12 kilometers west of Girne (Kyrenia). The village is known for its truly traditional Cypriot atmosphere, stunning views of the mountains and sea, as well as the best beaches and restaurants in Northern Cyprus.
Moreover, the complex is just a step away from a supermarket, kindergarten, bus stop, and only 10 minutes from the municipal beach of Mare Monte.
THIS BRAND NEW COMPLEX INCLUDES:
So, this apartment is quite spacious at 51 sqm, bright with large windows and great views. The living room is combined with a kitchen equipped with built-in cabinets. Additionally, the living room has a balcony of 7 sqm. You also get a fully equipped bathroom and a designated space for a washing machine in the hallway.
So, Apartments in a small complex in Alsancak are waiting for you!
Features:
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 (111 709 $) 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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