Flat in Northern Cyprus. City - Kyrenia
Property Type: 1+1, Apartment
Bedroom: 1
Bathroom: 1
Total Area: 54 m²
Year Built: 31-05-2024
Address: Alsancak, Kyrenia
1+1 Apartments in Alsancak Complex Will Catch Your Attention!
This project is located right next to Camelot Beach, one of the most beautiful beaches in the Alsancak region. We offer to purchase an apartment with its own private street, as well as its own green area and children's playground. We provide our clients with a variety of different opportunities.
The project also includes apartments and villas with one, two, and three bedrooms. Each designed in different styles, with a spacious kitchen and living room for relaxation. The sizes range from 63m2 to 284m2, catering to different budgets and tastes. We offer you this affordable one-bedroom apartment of 54 square meters. Comfort at an affordable price, and a very profitable investment.
Currently, the project is in the construction phase. All buildings have only two floors. Each apartment comes with melamine wardrobes in every room, glossy ceramic or laminated parquet flooring, steel doors, and all plumbing fixtures installed.
The complex is located 15 minutes away from the city center, with all infrastructure within a five-minute reach. This includes restaurants, bars, supermarkets, pharmacies, hospitals, fitness centers, and more. The complex offers an open parking area for apartment owners and their guests, as well as a dedicated children's park on-site. The panoramic view from the complex's windows is breathtaking – overlooking the mountains and sea.
Features:
So, 1+1 Apartments in Alsancak Complex are awaiting 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 (120 866 $) 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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