Flat in Northern Cyprus. City - Kyrenia
Property Type: 1+1, Apartment
Bedroom: 1
Bathroom: 1
Living Area: 55 m²
Total Area: 100 m²
Year Built: 2022
Address: Kyrenia, Alsancak
Ready 1+1 Apartment in Alsancak will catch your attention!
This apartment will not leave indifferent those who appreciate vineyards and mesmerizing mountain views!
A spacious 1+1 apartment is waiting for its new owner. Fully ready for move-in. The apartment is being sold exactly in the condition you can see in the photos.
So, the complex is surrounded by dense vegetation. Behind the complex are vineyards, providing a full connection to nature and a feeling of living outside the city. Bright, juicy sunsets and sunrises can be enjoyed sitting on your private roof. The roof is cooled by mountain breeze. There is a mixer, barbecue, and pergolas installed on the roof. There is also a small umbrella table and chairs for even more comfortable relaxation.
The apartment itself has a spacious kitchen area that transitions into a living area. Floor-to-ceiling panoramic windows allow you to enjoy breathtaking views right from the apartment. Additionally, the apartment features a very cozy, yet spacious bedroom with a large bed and orthopedic mattress. The total area of the apartment is 55 square meters + 50 square meters of roof area.
Within walking distance, there is a butcher shop, exchange office, pharmacy, and beach. Restaurants and bars are located 150 meters away. There is also a grocery store nearby.
Features:
So, the Ready 1+1 Apartment in Alsancak 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 (118 293 $) 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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