Flat in Northern Cyprus. City - Kyrenia
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 for you.
Don't miss out! Firstly, the apartments are located in the suburb of Kyrenia, Lapta. In close proximity to Alsancak municipality. The property is within walking distance to shops and restaurants. Furthermore, there is a school and a public bus stop nearby. Additionally, Kyrenia city center is a 25-minute drive away. Moreover, Ercan airport is just a 45-minute drive away.
The apartment is located on the 3rd floor of a three-story building. It features its own rooftop terrace and parking space. The apartment is equipped with air conditioners and solar panels for water heating.
The apartment is fully furnished. Firstly, it includes all the necessary furniture such as tables, chairs, sofa, armchair, even a shoe rack. Secondly, there is a fan and a laundry drying rack for your convenience. Thirdly, the kitchen is equipped with a refrigerator, washing machine, oven, and gas stove. Moreover, there is a TV with a special stand. Additionally, there is a gas cylinder and a water pump. In summary, the apartment can comfortably accommodate a family of 4. There is enough sleeping space for everyone.
Features:
About Lapta:
The small town of Lapta, also known as Lapithos, is situated on the slopes of mountains in a picturesque location just a 10-minute drive from Kyrenia. The town is divided into 2 parts: the new town with hotels and restaurants by the sea. Also, the Old town, now in ruins, but once known as the "city of treasures."
The difference between Old and New Lapithos is colossal. The new town has developed infrastructure and is a cultural and tourist center. Along the coastline behind a strip of clean comfortable beach are hotels, cafes, restaurants, and clubs. Additionally, there are children's playgrounds, water sports rental services, and water entertainment centers.
The city often hosts events of various formats, musical concerts, and performances. As a result, tourists vacationing here never get bored.
A two-bedroom apartment in Lapta is suitable for both living and renting out.
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 (87 805 $) 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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