Flat in Northern Cyprus. City - Kyrenia
ID SA-305
Address: Kyrenia/Girne
Price: from €175,557
Total area: 95 m²
Living area: 90 m²
Bedrooms: 3
Bathrooms: 2
Year built: 2021
Property type: 3+1 Three-Bedroom Apartment, Apartment
Property status: New Listings, For Sale
Features
Description
Apartment in hi-tech style
This magnificent apartment will surely interest you! Firstly, these apartments are located in a very convenient location. This makes these apartments attractive for investment. Moreover, students are constantly looking for rental housing around this area. This ensures not only high return on investment but also maintains a high level of residential choice: apartments with 1, 2, and 3 bedrooms will be available in this project. It is worth noting that not only is it 2 steps away from the road where buses run, but it is also very close to:
There are two identical buildings in the complex, which will allow you to make new acquaintances! In addition to new acquaintances, you can always ask your neighbors to help you settle in. They will certainly be happy to help you with language translation in a store or in other situations. And there will always be someone to have tea with, barbecue, or go out to a restaurant.
In addition to the steady rental income, the apartments will provide you with comfortable holiday accommodation in your own apartment in Cyprus. In the end, we recommend that you consider these apartments as your own corner in Cyprus.
So, a three-bedroom apartment with sea view can be viewed online at your request. And this apartment can also be purchased remotely.
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 (175 557 $) 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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