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Penthouse 125 м² in Kyrenia, Cyprus

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Area
125 m²
Bedrooms
3
Bathrooms
2

Description

Penthouse in Northern Cyprus. City - Kyrenia












North Cyprus real estate — luxury 3+1 penthouse in Girne with panoramic views and terrace

🌊 North Cyprus real estate in the city of Girne — this is an excellent opportunity to buy a modern penthouse by the sea for living, holidays or investment. A spacious 3+1 penthouse in a residential complex with developed infrastructure is perfect for those looking for North Cyprus real estate with sea view, terrace and high rental potential. This is one of the best options for those planning to buy elite real estate in North Cyprus.



Modern residential complex in Girne

The residential complex is located in one of the most popular cities of North Cyprus — Girne (Kyrenia). The location combines the comfort of city life and proximity to the Mediterranean Sea, which makes it especially attractive for living and investment.


The complex offers developed infrastructure and comfortable living conditions. All apartments have spacious terraces with beautiful views, creating an atmosphere of comfort and relaxation.



Infrastructure of the complex

For residents there are:




  • outdoor swimming pool;

  • parking spaces;

  • cafes, restaurants and bars on the ground floors;

  • landscaped territory;

  • convenient transport accessibility.


The sea is only about 3 minutes by car, which makes the property especially convenient for lovers of beach holidays and the sea climate.



3+1 penthouse — a premium housing format

The luxurious 3+1 penthouse with an area of 125 m² is located on the 5th floor and offers magnificent panoramic views of the surrounding landscape.


The layout includes:




  • three bedrooms;

  • spacious living room;

  • kitchen;

  • two bathrooms;

  • large terrace.


A special advantage of the penthouse is the spacious terrace, where you can enjoy fresh air, sun and stunning views of the nature of North Cyprus.



Why choose North Cyprus real estate?

North Cyprus remains one of the most promising destinations for buying real estate by the sea thanks to:




  • affordable prices;

  • high investment potential;

  • stable rental demand;

  • mild climate;

  • growth in property value.


✨ 3+1 penthouse in Girne — this is modern North Cyprus real estate of premium level, combining comfort, style and favorable investment prospects.


Want to buy a penthouse in North Cyprus? Contact us for a consultation and full support of the transaction!














When buying real estate - VELES Property provides assistance in obtaining a residence permit and a bank account in North Cyprus.


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Characteristics

Property type
Residential Properties
Number of rooms
3
Object type
Penthouse
Price
401 907 $
Year of construction
2025

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 (401 907 $) 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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