Flat in Northern Cyprus. City - Kyrenia
ID SA-345
Address: intersection of İkinci Salim St. and Fevay Ali, Kyrenia
Price: from 327815 €
Total area: 166.3 m²
Living area: 157.3 m²
Bedrooms: 3
Bathrooms: 3
Year of construction: 12-12-2020
Property type: 3+1 Three-bedroom Apartment, Apartment
Property status: New builds, For sale
Features
Description
Elite 3+1 apartments in Kyrenia
Away from the hustle and noise, but in the city center, next to a popular market.
In addition, with beautiful sea and mountain views and excellent infrastructure. Very close to all necessary places in the city. For example, walking distance to school, the central street with shops and cafes, many government institutions. A wonderful option to buy an apartment in Northern Cyprus!
The complex's infrastructure includes:
The complex is fully guarded. Moreover, apartment owners can use the complex's infrastructure for free.
Furthermore, the project is being built by qualified craftsmen with strong technical training. Here aesthetics and luxury intersect with a wonderful location. At the same time, with a high level of service and maintenance of this complex.
Kyrenia
Kyrenia or Girne (Turkish: Girne) is a city in Cyprus. Nevertheless, after the Turkish aggression of 1974, it is located on the territory of the unrecognized Turkish Republic of Northern Cyprus. Currently, it is considered the tourist center of Northern Cyprus. It is located on the northern coast of the island. Moreover, at the foot of the Kyrenia Mountains.
A settlement on the site of modern Kyrenia arose in the 10th century BC, although the most ancient archaeological finds date back to 5800 BC. According to legend, the city was founded by the legendary Cepheus – one of the Argonauts, husband of Cassiopeia and father of Andromeda, after whom a constellation is named. The first written mention dates back to Ramesses III – Kyrenia is indicated as one of the city-states of Cyprus. The most powerful city on the island was Salamis. Kyrenia, along with the neighboring city of Lambousa (Lapethos), became a major center of trade with Asia Minor and Greece. The era of the Roman Empire and after its division, in the Byzantine period (from 395), saw the heyday of Kyrenia: a large commercial port and the Kyrenia fortress were built. It is to this era that the famous Kyrenia ship, sunk near the shore, belongs.
Elite 3+1 apartments in Kyrenia 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 (359 826 $) 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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