Flat in Northern Cyprus. City - Kyrenia
ID SA-1125
Address: Esentepe, Kyrenia
Total Area: 58 m²
Bedrooms: 1
Bathrooms: 1
Year of Construction: 2022
Property Type: 1+1 One Bedroom Apartment, Apartment
Property Status: Investment, New Listing, New Build, For Sale
Features
Description
The 1+1 apartment in the complex will catch your attention!
This complex is located in the village of Esentepe, Kyrenia. The climate is typical of the Mediterranean, with sea breeze and pine trees. The summer season is very mild, as well as winter.
Total project area: 85000 m2
This is a modern residential complex, designed and developed by a well-known builder. It offers apartments and adjoining villas. Located just 100 meters from a well-equipped beach, surrounded by stunning views of the Mediterranean Sea and mountains. This complex is the perfect place for a peaceful life or simply for relaxation.
Additionally, the complex has everything you need. Like a mini-city:
Next to the complex, you will find your own equipped beach. The shore with fine sea sand. Just a 10-minute walk from the village with all the necessary infrastructure. Moreover, this complex has many of its own facilities.
So, the 1+1 apartment in the complex is waiting for you!
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 (206 934 $) 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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