Complex of luxury apartments in the center of Kyrenia (012498)
Complex of luxury apartments in the center of Kyrenia.
Its advantageous location provides easy access to the market, luxury shops and banks.
Feel the city life in all its glory, where convenience, luxury and high quality.
Immerse yourself in lively urban life enjoying the exclusivity of these exceptional apartments.
The elite residential complex in Kyrenia is the perfect combination of modern comfort and accessibility.
This five-storey complex embodies the best quality standards, offering upscale finishes and a unique location in the heart of the city.
Planning:Advantages of the residential complex:
The residential complex is ideal for people who appreciate a combined lifestyle that combines modern amenities and accessibility to everything that the city of Kyrenia has to offer.
It is also a great place for investors looking for properties with potential for rent or subsequent resale.
The complex provides a unique opportunity to enjoy life in beautiful Kyrenia surrounded by the best amenities and entertainment.
Payment plan:Date of completion: 1 quarter 2025
Information updated: 26.01.2024
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 (279 824 $) 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).
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