Flat in Northern Cyprus. City - Kyrenia
ID SA-1183
Address: Esentepe, Kyrenia
Property Area: 50 m²
Bedrooms: 1
Bathrooms: 1
Year Built: 2022
Property Type: 1+1 One-Bedroom Apartment, Apartment
Features
Description
Apartments in a cozy complex in Esentepe will catch your attention!
In addition to the already popular complex, new apartments have been launched. Moreover, the complex is located near a golf course. This is a very important fact for real estate investors.
So, there are beaches, tennis courts, and a spa center near the complex. Each apartment is designed with practicality and style in mind. With an open-plan living room and modern kitchen. Sliding doors to a large balcony or covered terrace create a sense of openness. The complex was built in December 2022, it is brand new.
The one-bedroom apartments have a spacious area of 57 square meters. The apartment includes an open-plan kitchen, refrigerator, washing machine, dishwasher, balcony, air conditioners throughout the house. There is also a shared pool and open parking. The apartment is located on the second floor. The balcony view is directly to the sea. Additionally, there is access to the roof with a terrace where you can set up a comfortable relaxation area. The neighbors in the apartment are Scandinavians.
The local beach is a few minutes' walk away. And Alagadi beaches are just a few minutes' drive away. They offer some of the sandiest stretches of coastline in Northern Cyprus. With annually nesting turtles that attract people from afar. Esentepe village is a 10-minute drive away. There, fruit carnivals and festivals are held all summer.
So, Apartments in a cozy complex in Esentepe 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 (135 897 $) 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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