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Flat 52 м² in Esentepe, Cyprus

260 280 $

5 005 $ /м²

4OfOo
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Area

52 м2

Bedrooms

1

Year of construction

2027

Luxury residential complex from a developer on the east coast of Kyrenia in the area of Esentepe (003108)

A luxury residential complex located on the east coast of Kyrenia in the Esentepe district, where the city's cultural attractions are located.

The project is a total of 36 apartments with 1 and 2 bedrooms, providing a variety of options for summer residence or investment.

Plannings include penthouses with modern loft design and apartments of various sizes.

Penthouses have an area of 60 sq.m. and a balcony of 17 sq.m., providing free space and magnificent views of the sea and mountains.

Apartmentswith an area of 41 sq.m. with a terrace of 15 sq.m. are also created taking into account the comfort and beautiful scenery.

Sun Valley Mountain, the complex offers extensive infrastructure for entertainment and an active lifestyle.

Among the amenities - pool, billiard table, tennis court, gym, game room, basketball court and restaurants.

There is also an opportunity to spend time in an outdoor heated pool, a barbecue area and a beautiful garden.

The distance to the beach is only 500 m, which makes the complex an ideal place for lovers of sunny days and sea waves.

Proximity to the Korineum Golf Club (500 m) and the convenient location of ATMs, supermarkets and pharmacies within 3 km improve the comfort of living.

Regarding payment terms, an initial fee of 35%

In addition, interest-free installments of 65% are available until the end of construction, which makes the purchase more flexible.

Date of construction: 02.2025

Date of construction: 02.2027

Information updated: 25.11.2024

Services and facilities

Balcony or terrace
Pool
Security system

Additional details

Property type

Residential Properties

Object type

Flat

Price

260 280 $

Characteristics

Balcony or terrace
Pool
Security system

Infrastructure

Playground
Backup power generator

Distance to key points, m

To airport 400000
To sea 500

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 (260 280 $) 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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