Flat in Northern Cyprus. City - Kyrenia
Property Type: 1+1, Apartment
Bedrooms: 1
Bathrooms: 1
Total Area: 60 m²
Year Built: 30-06-2023
Address: Doankoy, Kyrenia
Luxury apartments in Kyrenia will catch your attention!
I invite you to look at this small cozy complex. It is located in the city of Kyrenia between the sea and the mountains. Just imagine the amazing view from the window! On one side, there is the magnificent Mediterranean Sea. And on the other side, there are mysterious, sprawling mountains.
The complex has a swimming pool on its premises. Additionally, sun loungers and umbrellas are provided near the pool for residents. Parking spaces for private cars are available near the houses for the comfort of the residents. There are also walking paths all over the complex. Furthermore, the entire complex is under surveillance. Entrances and exits are monitored.
Let's talk about the quality of construction. The building itself has a reinforced concrete frame. External and adjacent walls are made of brick. All common areas, steps, thresholds, and windowsills are made of granite. The living room and wet areas inside are tiled with ceramic tiles. Bedrooms have laminate flooring. Terraces and balconies are tiled with ceramic tiles. Liquid waterproofing is applied to balconies, roofs, and terraces.
Central television and satellite system are installed in the buildings of the complex. And of course, there is Internet infrastructure.
All features:
Luxury apartments in Kyrenia 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 (128 191 $) 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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