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Flat 55 м² in Esentepe, Cyprus

173 636 $

3 157 $ /м²

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Area

55 м2

Bedrooms

1

Year of construction

2027

Complex of luxury apartments on the seafront in Esentepe (001406)

Located on the east coast of North Cyprus, it invites you to enjoy the harmony of the blue Mediterranean Sea and the green peaks of the Kyrenia mountains, discovering new facets of comfort and luxury. This project offers a variety of housing options with a modern design, including:

  • spacious studio
  • Cozy apartments with a garden 1+1
  • exclusive loft 1+1
  • Exclusive loft 2+1 loft/strong>

    Due to its attractive location by the sea and high potential for rent, this project also represents an excellent investment opportunity in Northern Cyprus.

    And with convenient payment options, including 35% down payment and installments for more than 36 months, property ownership in this extravagant complex becomes more affordable and convenient.

    Do not miss the chance to find your corner of paradise in this prestigious complex, where luxury, comfort and amenities are intertwined with unique views and opportunities for investment.

    Date of commencement of construction: 05.2024

    Information updated: 21.11.2024

Services and facilities

Balcony or terrace
Pool
Security system

Additional details

Property type

Residential Properties

Object type

Flat

Price

173 636 $

Characteristics

Balcony or terrace
Pool
Security system
Sea View

Infrastructure

Playground

Distance to key points, m

To airport 500000
To sea 50

Purchase method

Installment plan

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Esentepe; 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 Esentepe 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 (173 636 $) 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 Esentepe: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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