Luxury Apartments 3+1 in Kyrenia will catch your attention!
This is a new project located in Kyrenia, Northern Cyprus. The project offers 2+1 and 3+1 city apartments with terraces, close to the beach. The modern urban project features commercial units that can be used as offices.
We offer a great opportunity for business owners and residents who want to invest or buy an apartment. All necessary amenities such as restaurants, shops, pharmacies, supermarkets, hotels, and beaches are within walking distance. The complex consists of 2 blocks of apartments with 36 premium office units and 24 residential apartments. Office spaces are located on the first three floors. Additionally, the apartments have luxurious design in the city center.
The beach is only 400 meters away from the building, and the city center is 1 km away. We offer three-bedroom apartments as a good investment for families. They are quite spacious, 80 square meters in size, with 2 bright bedrooms, a kitchen, a living room, and 1 bathroom.
Each apartment has a private parking space, and there is a beautiful garden with landscape design nearby.
The construction completion of this project is scheduled for 2026.
Luxury Apartments 3+1 in Kyrenia are waiting for you!
When purchasing these apartments, VELES Property provides assistance not only in obtaining residency permits but also in opening a bank account, obtaining a driver's license, and medical insurance in Northern Cyprus!
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Characteristics
Property type
Residential Properties
Number of rooms
4
Object type
Flat
Price
427 772 $
Year of construction
2026
Infrastructure
Open pool
Cafeteria
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 (427 772 $) 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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