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Flat 87 м² in Kyrenia, Cyprus

ID 4OWjS
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Area
87 m²
Bedrooms
1
Bathrooms
1

Description

Flat in Northern Cyprus. City - Kyrenia







North Cyprus real estate: 1+1 penthouse in the centre of Kyrenia with sea and mountain views (NEW LIMAN)

North Cyprus real estate in the centre of Kyrenia is the perfect opportunity to buy a penthouse by the sea with high investment potential. The 1+1 penthouse in NEW LIMAN is an excellent option for those looking for an apartment in Kyrenia for living, holidays or renting out. The central location, sea and mountain views, and walking distance to infrastructure make this property especially attractive for real estate buyers in North Cyprus.


For sale is a 1+1 penthouse with a spacious terrace and two full-wall panoramic windows in the very centre of Kyrenia. From the fifth floor there are impressive views of the Mediterranean Sea and the mountain range.


The apartment is located in an area with developed infrastructure: shops, restaurants, schools and government offices are within walking distance. Just a 10-minute walk away is the historic centre of Kyrenia with the old harbour and Kyrenia Castle — a popular place among tourists and residents.


The apartments are fully furnished and ready to move in. All necessary household appliances and air conditioners are included in the price.


The modern open-plan design, high-quality finishes and stylish interior create a comfortable living space. The apartment has a built-in wardrobe, and the flooring is glossy ceramic.


An important advantage is the presence of a Turkish title, which increases the investment appeal of the property.


The apartment is sold with tenants — an excellent option for receiving stable passive income. Contact us for detailed information.



The 1+1 penthouse in NEW LIMAN in the centre of Kyrenia awaits you!







When purchasing this apartment - VELES Property provides assistance not only with obtaining a residence permit, but also a bank account, driver's licence and medical insurance in North Cyprus!


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Characteristics

Property type
Residential Properties
Number of rooms
2
Object type
Flat
Price
142 612 $
Year of construction
2015

Infrastructure

  • Fitness center
  • Cafeteria
  • Playground

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 (142 612 $) 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