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Flat 52 м² in Nicosia, Cyprus

111 977 $

2 153 $ /м²

4OUoG
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Area

52 м2

Bedrooms

1

An ideal investment in a beachfront property in Gaziverene, North Cyprus.

Types of apartments: -Studio: from 34 to 59 square meters.-Apartments 1+1: from 52 to 69 sq.m.-Apartments 2+1: from 105 to 124 sq.m.-Mezzanine 2+1: from 185 to 236 sq.m.-Apartments 3+1: from 143 to 243 sq.m.-Mezzanine 3+1: from 229 to 343 sq.m.-Duplexes 4+1: 251 sq.m.About the project: This magnificent project is located in the Gaziveren area of North Cyprus. The complex is built on a plot of 24 000 sq.m. and consists of four 20-storey blocks with a total of 500 apartments. With excellent infrastructure and a unique location by the sea, these residences will offer all the amenities of a 5-star hotel. This project is an ideal investment as it is located in a specially designed area for rest and relaxation. The project offers a variety of apartment options ranging from studios to mezzanines with 1, 2 or 3 bedrooms as well as duplexes with 4 bedrooms. The apartments have excellent sea and nature views. The construction will be completed in May 2025.Features:ElevatorDutyCCTV camerasGeneratorParking lotChildren's playgroundCommon open spaceWater parkFitness CenterIndoor poolTurkish bathMassage roomSwimming poolSaunaJacuzziHamamRestaurantCafeteriaBarPool BarCinemaMusic roomMini golfSoccer fieldTennis courtBasketball courtSupermarketYou can buy your real estate online!Today, communication technology makes real estate business much easier. There is an easy way to invest in real estate; Thanks to online sales, you can buy your property before you arrive in Turkey. Through visual communication channels like Facetime, Skype, Whatsapp Video Call, etc. We will show you the property live and you can see all the details. Also, for projects under construction, you have a great price advantage. Once you sign the sales contract, you can pay 35% and use interest free installment until you get the keys. Since

Services and facilities

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Additional details

Property type

Residential Properties

Object type

Flat

Price

111 977 $

Characteristics

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FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Nicosia; 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 Nicosia 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 (111 977 $) 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 Nicosia: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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