Flat in Northern Cyprus. City - Kyrenia
Property Type: 1+1, Apartment
Bedroom: 1
Bathroom: 1
Total Area: 43 m²
Year Built: 2010
Address: Arapköy
This apartment is located in the village of Arapköy, in the suburbs of Kyrenia. The complex is known not only for its wonderful sea views from every window of the apartments but also for its well-kept grounds with beautiful evergreen gardens. Residents have access to three communal pools and a children's playground (which has free Wi-Fi!). The management company, if desired, can rent out the apartments. The complex is gated with a barrier at the entrance. Nearby, there is an Orthodox church and two mini-markets. If you need supermarkets, bars, restaurants, they are all within a 10-minute drive. It is worth noting that it will only take you 10 minutes to reach one of the most beautiful and unique beaches of Northern Cyprus - the turtle beach Alagadi.
Apartment description
Enter the apartment through wooden steps onto the terrace, which offers stunning sea views. The terrace is large - 12 sqm, and you can turn it into additional useful space. For example, a separate relaxation and dining area in comfortable weather (which is 9 months a year).
The living room and kitchen are combined into one common room (22 sqm). There is all the necessary furniture, the room is small but spacious, with panoramic floor-to-ceiling windows. A fairly large bathroom with a shower (no cabin, but with a tray). A spacious bedroom (12 sqm) with a built-in wardrobe and a single bed, but you can also put a double bed here, in which case there can be four sleeping spaces.
In front of the apartment is a beautiful landscaped garden that complements the beautiful sea views. The owners have installed a sports apparatus - a pull-up bar and a ladder to help you stay fit every day. There is also a barbecue area.
Features:
So, this is the perfect apartment for holidays or permanent living, an investment opportunity, or a retirement nest at a low price.
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 (69 589 $) 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).
70 419 $
Kyrenia, Cyprus
ID SA-1193 Address: Arapkoy, Kyrenia Property area: 43 m² Bedrooms: 1 Bathrooms: 1 Year built: 2010 Property type: 1+1 One Bedroom Apartment, Apartment Features WiFi Balc...
Sea View view 68 591 $
Kyrenia, Cyprus
Family apartment in LaptaG/p>We are offering you a large family apartment in the suburb of Kyrenia. At an unbelievable price as well as a convenient payment plan. Main Fe...
Sea View view 75 794 $
Kyrenia, Cyprus
81 538 $
Kyrenia, Cyprus
Property Type: Studio, Apartment Bedroom: 0 Bathroom: 1 Area: 42m² Year Built: 2016 Address: Alsancak, Sehit Erdjan Kadezi Studio in the green park of Alsancak - a pleasa...
87 805 $
Kyrenia, Cyprus
Property Type: 2+1, Apartment Bedrooms: 2 Bathrooms: 1 Total Area: 75 m² Year Built: 23-06-2010 Address: Ankara Avenue, Sannıngwell, Lapta Two-bedroom apartment in Lapta...
71 306 $
Gaziver, Cyprus
Sale of a new studio from the owner in Northern Cyprus. We offer a new project with 3 multistory buildings. Additionally, the complex is located on the seaside and has it...
