Flat in Northern Cyprus. City - Kyrenia
Property Type: 3+1, Penthouse, Apartment
Bedrooms: 3
Bathrooms: 2
Total Area: 104 m²
Year Built: 2020
Address: Alsancak, Kyrenia
New duplex penthouse apartment in Alsancak at a very attractive price. The building was constructed in 2021, four-story, penthouse located on the 3rd floor.
First of all, the apartment consists of two levels, on the first one:
The light from the second floor can be perfectly seen from the first level. The ceiling height in this area is 5 meters. There is a staircase leading to the second level, half of which is made of wood. The second level itself consists of an open-plan room, which can serve as a study or bedroom. This room has its own shower and access to a spacious terrace with views of the mountain range.
There are built-in wardrobes in the bedrooms on the lower level. The bathroom is fully equipped, with ceramic tiles throughout the apartment. Furthermore, the kitchen unit is installed and connected to the water supply. The apartment itself is connected to the electrical and water system. As a result, by buying this excellent duplex penthouse, you will only need to furnish it in your own style.
Undoubtedly, the main advantage is the location of the apartment. The center of Alsancak is just a minute away, and nearby are:
Just 15 minutes away:
As a result, everything necessary for life is just around the corner, isn't this a reason to choose this apartment for permanent residence or for rental.
Features:
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 (95 228 $) 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).
93 713 $
Kyrenia, Cyprus
ID SA-1166 Address: Lapta, Kyrenia Total area: 48 m² Bedrooms: 1 Bathrooms: 1 Year built: 2024 Property type: 1+1 One-Bedroom Apartment Features Swimming Pool Gates City...
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...
105 089 $
Kyrenia, Cyprus
SA-2295 Address: Bahceli, Kyrenia Living area: 68 m² Bedrooms: 2 Bathrooms: 1 Year built: 2008 Property Type: 2+1 Two-bedroom Apartment, Apartment Property Status: Resale...
105 771 $
Kyrenia, Cyprus
The main feature of the Blueberry project is its convenient yet picturesque location where everything you need is only a few minutes' walk away: from a supermarket and ph...
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...
111 709 $
Kyrenia, Cyprus
Property type: 1+1, Apartment Bedroom: 1 Bathroom: 1 Living area: 51 m² Total area: 58 m² Balcony: 6.7 m² Year of construction: 2025 Address: Alsancak, Kyrenia Apartments...
