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Flat 48 м² in Esentepe, Cyprus

195 904 $

4 081 $ /м²

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Area

48 м2

Bedrooms

1

Year of construction

2025

Exclusive apartment complex from the developer in Esentepe (038157)

The complex is located in Esentepe.

The advantage of this complex is that it is an exclusive and luxurious place to stay, as well as for renting out, combining many attractive features. The complex is a true embodiment of sophistication and luxury on the coast of Northern Cyprus.

The project will have two stages of development, a total of 12 residential blocks and 86 apartments, for sale at the same time two stages of construction. Each apartment in this residential complex will have its own parking space. An important feature of the facility will be round-the-clock security and video surveillance, cleaning service, service in a restaurant with a cook and waiters, technical support service.

> The developer will be the management company for 10 years.

Location: Municipal Beach Esentepe – 3 km
  • Kyrenia Airport – 45 minutes of sale – 5 minutes of the international golf club <2 ml/lip> Start of construction: December 2023

    Completion of construction: June 2025

    Information updated: 11.12.2023

     

  • Services and facilities

    Balcony or terrace
    Pool
    Garage/parking
    Security system

    Additional details

    Property type

    Residential Properties

    Object type

    Flat

    Price

    195 904 $

    Characteristics

    Balcony or terrace
    Pool
    Garage/parking
    Security system

    Infrastructure

    Playground
    Backup power generator

    Distance to key points, m

    To sea 400

    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 (195 904 $) 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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