Flat in Northern Cyprus. City - Kyrenia
Property Type: 2+1, Apartment
Bedrooms: 2
Bathrooms: 2
Total Area: 85 m²
Year Built: 2011
Address: Center of Kyrenia
Ready Apartment in the center of Kyrenia will catch your attention!
Kyrenia (Girne) is a beautiful city in the north of Cyprus, known for its rich history and beautiful beaches. Having an apartment in the city center close to the sea and historical landmarks is an ideal way to combine modern comfort with cultural and natural wealth.
The location of the apartment in the city center allows quick and easy access to various shops, pharmacies, schools, restaurants, cafes, and entertainment venues. This is especially convenient for those who want to live within walking distance of all the necessary places.
The proximity to the sea and historical sites makes this apartment attractive to tourists. If you decide to rent it out, it can attract both short-term and long-term tenants.
The building was constructed about 10-12 years ago. The advantage of older construction is spaciousness and convenience. This apartment has a large living room with separate areas. And the enclosed balcony serves as a small study. The unique feature of this apartment is the separate kitchen, hidden from prying eyes. There is an individual balcony in the kitchen. The bedrooms are also quite spacious, allowing not only a bed but also small chairs, a vanity table, and a relaxation area.
Features:
So, the Ready Apartment in the center of Kyrenia 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 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 (112 195 $) 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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