Flat in Northern Cyprus. City - Kyrenia
ID SA-2233
Address: Tatlısu, Kyrenia
Total area: 96 m²
Bedrooms: 2
Bathrooms: 2
Year of construction: 2023
Property type: 2+1 Two-bedroom Apartment, Apartment
Property status: Investment, New Builds, For Sale
Features
Description
We offer you to take a look at this unique project. At first glance, you may think there is nothing special. But pay attention to its location! It's a splendid place. Silence, nature, mountains, and sea. Everything you need for complete relaxation.
This complex is located a short distance from the village of Tatlısu. Right across from the famous Kantara Castle. Here you have the opportunity to breathe mountain air and at the same time the sea breeze. Consequently, the apartments offer two types of views. Either a view of the beautiful mountains or a view of the Mediterranean Sea. The complex is very cozy and small, with few houses. This is very convenient. There are always parking spaces for cars.
In the center of the complex, there is a large rectangular pool. Next to the pool, there are umbrellas and sun loungers for you. Additionally, there is a cafe-restaurant and bar nearby. Right in your complex. The entrance to the complex is fenced and guarded. Only residents of the complex and their guests can enter.
The apartment has two bedrooms and a large living room combined with a kitchen. Plus a terrace or rooftop patio with an area of 13.6 sq.m. Sea view from every apartment.
All apartments are rented in finishing, with all sanitary ware, kitchen furniture, and connections for air conditioning.
This complex is located in one of the greenest and untouched by civilization regions of Cyprus. It is in the area of the village of Mersinlik on the North coast of Cyprus. The first coastline with its own beach, restaurant, pool, gym. Only 5 minutes to the famous Kaplıca beach.
So, Two-bedroom apartments in a picturesque location are 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 (319 652 $) 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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