Flat in Northern Cyprus. City - Kyrenia
ID SA-1186
Address: Alsancak, Kyrenia
Property Area: 43 m²
Bedrooms: 1
Bathrooms: 1
Year Built: 04-2025
Property Type: 1+1 One-Bedroom Apartment, Apartment
Features
Description
One-bedroom apartments in the mountains will catch your attention!
A new complex under construction 10 km from Kyrenia in the cozy village of Alsancak, in the mountains.
Alsancak is known for its traditional Cypriot atmosphere, stunning views of the mountains and the sea. Beautiful rocky coasts and magnificent sandy beaches make Alsancak attractive for both holidays and permanent residence.
For entertainment enthusiasts, there is a network of 5-star hotels, Merit casino, featuring pools, SPAs, a mini-zoo, casino, and nightclubs.
The complex is located 3 km from the sea, in the Kyrenian mountains. The great advantage of the location is the incomparable mountain air and breathtaking panoramic views of the sea.
If you have children, the proximity to the English college will undoubtedly be a big plus. Just a 15-minute walk from home, where education is conducted in English.
The complex consists of 2 two-storey blocks, with 1+1, 2+1 apartments, and Duplexes. The complex has an open pool with a relaxation area. In addition, there is underground parking with one designated spot for each apartment. All apartments on the ground floor have their own garden. And the apartments on the second floor have their own access to the roof, where you can set up a relaxation area or barbecue on the terrace.
One-bedroom apartment with an area of over 43 square meters. Furthermore, there is a magnificent balcony of 6 square meters.
Completion of the complex construction in April 2025. And now you can take advantage of the installment offer. Just a 2,000-pound deposit upon booking. 30% down payment of the cost. The remaining 70% in installments over 2 years.
So, One-bedroom apartments in the mountains in the complex await 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 (129 720 $) 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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