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Flat 85 м² in Kyrenia, Cyprus

ID 4OWkV
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Area
85 m²
Bedrooms
2
Bathrooms
1

Description

Flat in Northern Cyprus. City - Kyrenia








North Cyprus real estate: apartment in the centre of Kyrenia in HIGH TOWER with rental income

North Cyprus real estate in the centre of Kyrenia is one of the most sought-after formats for living and investment. If you want to buy an apartment in Kyrenia, purchase a property with rental income or profitably invest in a liquid asset by the sea, the apartment in HIGH TOWER will be an excellent choice. The central location, developed infrastructure and stable rental demand make this property particularly attractive for investors.


The apartment is located in the very centre of Kyrenia, in the area of the state hospital and land registry. This is a convenient location for comfortable living — all necessary infrastructure facilities are within walking distance: shops, restaurants, banks and government institutions.


Kyrenia is rightly considered one of the most picturesque cities of North Cyprus. The city embankment with a stunning view of the harbour and sea bay attracts special attention. The city is a major port and a popular tourist destination.


An important advantage is the nearby beaches, among which Acapulco and Escape are especially popular — some of the best beaches in the region with clean sea and developed infrastructure.


The apartment is already rented out — at the moment there are tenants with a monthly payment of 600 pounds, which provides stable passive income from the first day of purchase.


Inside the apartment there are built-in wardrobes, a cosy balcony, a decorative wall made of artificial stone and a convenient entrance hall area. The well-thought-out layout makes the property comfortable both for living and for renting out.


If you are considering buying North Cyprus real estate, investing in an apartment in Kyrenia or looking for a property with ready rental income — this offer combines an excellent price, location and high potential.



The apartment in the centre of Kyrenia in HIGH TOWER is already waiting for its owner!









When buying real estate - VELES Property provides assistance in obtaining a residence permit and a bank account in North Cyprus.




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Characteristics

Property type
Residential Properties
Number of rooms
3
Object type
Flat
Price
181 506 $
Year of construction
2018

Infrastructure

  • Cafeteria

FAQ

How can I get a residence permit by buying property in Cyprus?

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.

Is a mortgage available for non-residents in Cyprus?

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.

What taxes and fees apply when buying in Cyprus?

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.

How is the title checked in Cyprus?

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.

Can I rent out property after purchase in Cyprus?

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.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (181 506 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Cyprus?

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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Flat with 2 bedrooms in Kyrenia, Cyprus