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Flat 88 м² in Kyrenia, Cyprus

ID 4OWeZ
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Area
88 m²
Bedrooms
2
Bathrooms
1

Description

Flat in Northern Cyprus. City - Kyrenia

North Cyprus Real Estate: luxury 2+1 apartments in the modern Avrasya complex by Veles Property
Looking for North Cyprus real estate for comfortable living, holidays or investment? We offer luxurious 2+1 apartments in the prestigious Avrasya residential complex by Veles Property. This flat in North Cyprus is located in the very centre of the city next to all necessary infrastructure and is an excellent option for those planning to buy a flat in North Cyprus with high potential for value growth and stable rental income. The apartments offer magnificent sea and mountain views, which makes the property especially attractive both for living and for investment in North Cyprus real estate.

The Avrasya complex is located in one of the most sought-after districts of the city. Within walking distance are a park, schools, central shopping streets, cafes, restaurants, shops, banks and government institutions. Thanks to the successful location, owners receive maximum comfort of city life and quick access to all necessary infrastructure.

Residents of the complex have access to extensive premium-level infrastructure:

• Swimming pool
• Basketball court
• Walking paths and recreation areas
• Modern fitness centre
• Turkish bath and sauna
• Outdoor and indoor parking
• Restaurant and cafe on the territory of the complex
• Children's playground
• Backup power generator

The complex is under 24-hour security, ensuring a high level of safety and comfort. Apartment owners can use all the infrastructure of the complex free of charge.

A special advantage of the property is the presence of a professional management company. If you are considering income-generating North Cyprus real estate, the management company can rent out your apartments during your absence, providing stable passive income from real estate in North Cyprus.

These luxury 2+1 apartments in the Avrasya complex are an excellent choice for those who want to buy North Cyprus real estate by the sea and in the centre of city life at the same time. An ideal option for permanent residence, holidays, obtaining a residence permit and long-term investments in the promising North Cyprus real estate market.

North Cyprus luxury 2+1 apartments by Veles Property are waiting for you!

When purchasing 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
239 848 $
Year of construction
2020

Infrastructure

  • Fitness center
  • Open pool
  • 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 (239 848 $) 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