Flat in Northern Cyprus. City - Kyrenia
ID SA-2319
Address: Alsancak, Kyrenia
Property area: 70 m²
Bedrooms: 2
Bathrooms: 2
Year built: 04-2025
Property type: 2+1 Two-bedroom Apartment, Duplex, Apartment
Features
Description
The duplex in the mountains will catch your attention!
A new complex being built 10 km from Kyrenia in the cozy village of Alsancak, in the mountains.
Alsancak is known for its traditional Cypriot atmosphere, stunning views of the mountains and sea. Beautiful rocky shores and magnificent sandy beaches make Alsancak attractive for both holidays and permanent residence.
For entertainment enthusiasts, there is a network of 5-star hotels here, Merit casino. On their grounds, there are pools, spas, mini-zoo, casino, nightclubs.
Our complex is located 3 km from the sea, in the Kyrenia mountains. The great advantage of the location is the unparalleled mountain, fresh air. And breathtaking, mesmerizing panoramic views of the sea.
And if you have children, the proximity to the English college will undoubtedly be a big plus. Just a 15-minute walk from home. Where education is conducted in English.
The complex consists of 2 two-story blocks, with 1+1, 2+1 apartments and Duplex. The complex has an open pool with a relaxation area. Moreover, underground parking with one designated space for each apartment. All ground floor apartments have their own garden. And second floor apartments have their own rooftop access; where a relaxation area or barbecue can be set up.
This duplex is over 70 square meters. Furthermore, there is a magnificent 8 square meter balcony and a beautiful 50 square meter rooftop terrace.
The completion of the complex construction is in April 2025. And now you can take advantage of the installment offer. Only a 2,000 pound deposit when booking. 30% initial payment of the cost. The remaining 70% in installments over 2 years.
So, the duplex in the mountains awaits 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 (247 085 $) 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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