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Flat 56 м² in Kyrenia, Cyprus

ID 4OWk6
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Area
56 m²
Bedrooms
1
Bathrooms
1

Description

Flat in Northern Cyprus. City - Kyrenia







North Cyprus real estate — 1+1 apartments in the centre of Kyrenia (Girne), a modern residential complex by the sea

🌊 North Cyprus real estate in Kyrenia (Girne) is one of the most sought-after options for buying a flat by the sea, investing in new builds and comfortable living in the city centre. 1+1 apartments in a modern residential complex in the centre of Kyrenia are an excellent opportunity to purchase North Cyprus real estate with high rental potential, developed infrastructure and proximity to the sea. This is an ideal option both for living and for investing in North Cyprus real estate at the construction stage.



Modern apartments in the centre of Kyrenia — life by the sea and urban comfort

The residential complex is located in the city of Girne (Kyrenia), one of the most popular regions for buying real estate in North Cyprus. The location combines urban comfort and proximity to the sea — only about 3 minutes by car to the coast.


The complex offers its residents a modern standard of living, developed infrastructure and amenities that make it attractive both for permanent residence and for renting out.



Complex infrastructure

Residents have access to:




  • outdoor swimming pool;

  • terraces in every apartment with pleasant views;

  • parking spaces for residents;

  • cafés, restaurants and bars on the lower floors;

  • convenient access to the urban infrastructure of Kyrenia.


Thanks to the successful location, residents of the complex have quick access to shops, schools, banks, medical centres and all the necessary urban infrastructure.



Description of the 1+1 apartments

The complex offers a modern 1+1 flat with an area of 60 m², which includes:




  • bedroom;

  • living room with open-plan kitchen;

  • bathroom with shower cabin;

  • terrace with an area of 4 m² with access from the living room.


The layout of the flat is designed for comfortable living and creating a functional living space. Large windows and the terrace provide natural light and additional space for relaxation.



Investment attractiveness

The construction of the complex is planned to be completed in June 2025. Buying at the construction stage allows you to purchase North Cyprus real estate at a more favourable price and get high potential for value growth.


The apartments are also ideal for renting out thanks to their location in the centre of Kyrenia and the high tourist attractiveness of the region.


✨ 1+1 apartments in the centre of Kyrenia are modern North Cyprus real estate by the sea, combining comfort, infrastructure and excellent investment prospects.









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
2
Object type
Flat
Price
187 989 $
Year of construction
2025

Infrastructure

  • Open pool
  • 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 (187 989 $) 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 1 bedroom in Kyrenia, Cyprus