Flat in Northern Cyprus. City - Kyrenia
ID SV-398
Address: Alsancak, Kyrenia
Total area: 170 m²
Bedrooms: 3
Bathrooms: 3
Year built: 2023
Property type: 3+1 Three-bedroom Villa, Villa
Property status: New listings, For sale
Features
Description
An exclusive villa in Alsancak will catch your attention!
We present to you a new villa near Kyrenia. It is located in the popular village of Alsancak. The villa is situated in a quiet cul-de-sac. Close to markets and a British school. There is a large hotel with a water park nearby. Two kilometers away from the villa, there is a splendid beach. So, the sea is within easy reach.
There are only two villas for sale, exclusively available only in our company.
The layout inside the villa is very interesting. At the entrance, there is a hallway separated by a false wall. On the first floor, there is a spacious living room and kitchen. The kitchen has access to a large terrace. Additionally, there is a fireplace in the living room. On the second floor, there are three bedrooms. One of the bedrooms has a balcony. The villa has 3 bathrooms.
If desired, a pool can be installed on the villa for an additional fee.
Alsancak is a favorite place for people from the CIS countries. The village is located 9 km west of Kyrenia (Central Kyrenia). It is known for its truly traditional Cypriot atmosphere, breathtaking views of the mountains and sea. As well as the best beaches and restaurants in Northern Cyprus.
So, an exclusive villa in Alsancak is 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 (432 721 $) 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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