Flat in Northern Cyprus. City - Kyrenia
Property Type: 1+1, Apartment
Bedroom: 1
Bathroom: 1
Living Area: 50 m²
Plot Area: 100 m²
Year Built: 2023
Address: Kyrenia, Alsancak
1+1 Apartments in Alsancak will catch your attention!
So, our apartment is ideally located on the second floor. With a mesmerizing panoramic sea view from the spacious balcony. There is a huge pool at the center of the complex. Additionally, it is surrounded by two elegant fountains. The surrounding green areas are adorned with exotic plants.
You can directly enter the complex from the busy road. In front of you is a huge supermarket where you can find all you need for a comfortable life. A bank is right next door, making your financial organization easier. Moreover, in this area, you will also find everything you need for an active life. Schools, bars, restaurants, and the municipal beach, all within walking distance.
Inside the apartment, you will find exceptional quality and elegance. Plus, furniture and hardware from renowned brands. Windows with innovative hinge technology securely close. And built-in mosquito nets will protect you from insects.
Features:
The apartment is sold unfurnished. So, we give you a unique opportunity to bring your creative ideas to life. You will be surrounded by the beauty of nature and amazing views in the complex, creating a unique atmosphere for relaxation and inspiration.
So, 1+1 Apartments in Alsancak are 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 (121 964 $) 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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