315 808 $
Flat with 2 bedrooms in Kyrenia, Cyprus
Kyrenia, Cyprus
Luxury resort right on the seafront with one of the best accommodation rental companies on the island. The uniqueness of this project lies in the fact that it consists of...
Flat in Northern Cyprus. City - Kyrenia
We present to your attention an individual premium class project in Northern Cyprus.
The apartments are equipped with underfloor heating and high-quality laminate. Decorative elements are made of expensive marble, granite and stone. And as a luxurious bonus – panoramic glazing, a wooden staircase and a decorative suspended ceiling with LED lighting.
In addition, the complex itself has a children's playground and a swimming pool. A huge terrace and parking for cars. Special attention is paid to sports and a healthy lifestyle. In this complex you can find a special area for yoga and a sports ground. The apartment is equipped with everything necessary. Namely – a built-in kitchen, a laundry room, bathrooms and built-in wardrobes in the bedrooms. On the territory of the complex you will also find a children's pool and a large pool with a recreation area.
The complex has single-level 2+1 with its own garden or roof terrace, as well as 2 duplexes.
Also available are duplex apartments with two floors, a garden and a roof terrace. This is simply a unique apartment! On the ground floor you will find your own garden and recreation area. And on the roof there is a huge terrace of up to 58 square meters. There you can equip anything you want. For example, a barbecue area with stunning views.
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 (315 043 $) 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).