Sea View view 75 794 $
Flat with sea view in Kyrenia, Cyprus
Kyrenia, Cyprus
Flat in Northern Cyprus. City - Kyrenia
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 pleasant place for a quiet and peaceful life. Lovely studio in Northern Cyprus! Ideal for both investment and personal use. Reduced price.
Unique offer, exclusive apartment located in the center of Alsancak, where all infrastructure is within walking distance. The demand for real estate in this area is constantly growing. Undoubtedly, apartments within walking distance of the sea will be in high demand! Transparent sea, golden sandy beaches, and the extraordinary natural beauty of Northern Cyprus await their guests. Quiet coves will be an ideal option for people planning to escape to nature from the fast-paced daily life.
It is worth noting that gourmets will find a pleasant surprise here. The cuisine of Northern Cyprus is very rich. In addition to traditional dishes, snacks, and desserts of Northern Cyprus, you can highlight such traditional dishes as halloumi cheese, dishes - kolokas, piros, pasta baked in the oven, potatoes baked in the oven, kersie, a wide variety of snacks, hyrhyz kebabs, kyup kebabs, various desserts, and various jams. In restaurants in Northern Cyprus, you can taste both international dishes and traditional local dishes!
So, the complex in Green Park Alsancak includes:
Beaches nearby, walking distance to public transport stops, supermarkets, restaurants, and other facilities necessary for a full vacation and daily life make this residential complex very attractive for investment and subsequent renting.
Features:
The studio in Alsancak can be yours right now!
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 (81 538 $) 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).