Flat 85 м² in Esentepe, Cyprus

582 890 $

6 857 $ /м²

4OWl7

Flat 85m² in Cyprus, Esentepe. Priced at 497250€ rent photo- #1

Flat 85m² in Cyprus, Esentepe. Priced at 497250€ rent photo- #2

Flat 85m² in Cyprus, Esentepe. Priced at 497250€ rent photo- #3

Flat 85m² in Cyprus, Esentepe. Priced at 497250€ rent photo- #4

Flat 85m² in Cyprus, Esentepe. Priced at 497250€ rent photo- #5

Flat 85m² in Cyprus, Esentepe. Priced at 497250€ rent photo- #6

Flat 85m² in Cyprus, Esentepe. Priced at 497250€ rent photo- #7

Area

85 м²

Bedrooms

Bathrooms

Year of construction

2023

Apartment in Northern Cyprus. City - Kyrenia

Luxury 2+1 apartment in Cyprus will attract your attention!A great new luxury project from a developer who has established himself in the North Cyprus market!The project is located on the high cliffs of the Mediterranean coast in Esentepe, which is one of the popular villages of Northern Cyprus. One of the most popular villages in North Cyprus by the sea.So, this complex has swimming pool, landscaped garden, Jacuzzi, tennis field, picnic area, management office and full maintenance. The project consists of 3 blocks of 1+1 and 2+1 luxury villas, penthouses and garden apartments. All villas and apartments have incredible sea and mountain views.The 2+1 penthouse is a luxury accommodation with two bedrooms and a spacious living room.The living room in this penthouse will be the center of your home. The two spacious bedrooms will provide a private place to relax and sleep. The kitchen is equipped with modern appliances, providing excellent cooking facilities.However, the special feature of this penthouse is the presence of its own garden, which gives it a unique character. And creates the opportunity to enjoy nature right at home. The roof terrace adds to the luxury and gives you the opportunity to enjoy beautiful views and fresh air right on top of your home.Completion of construction is April 2024. And now you can take advantage of the installment plan.Payment plan: 2000 GBP - deposit on booking for 2 weeks. 50% payment upon registration

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

582 890 $

Infrastructure

Open pool

Playground

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Esentepe; 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 Esentepe 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 (582 890 $) 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 Esentepe: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).