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Flat 116 м² in Esentepe, Cyprus

687 597 $

5 927 $ /м²

4OfJt
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Area

116 м2

Bedrooms

2

Year of construction

2023

Apartments and villas in a premium complex in picturesque Esentepe (005194)

New unique luxury project on the first line of the sea.

The site is located in Esentepe, which is surrounded by numerous amenities. The complex consists of 8 blocks of two-storey apartments, including luxury 2+1 apartments on the first floor and penthouses. In addition, there are 8 villas on the first line.

Each apartment and villa has its own swimming pool or jacuzzi.

Also, all residents of the complex can freely use the common infrastructure:

  • Big heated pool
  • Fitness center
  • Sauna
  • Botanical garden
  • Cinema on the beach
  • Transfer to supermarket
  • Li>Luxury green areas and equipped walkways The complex is also very attractive in terms of investments: apartments in this complex are in good demand and most of them have already been purchased.

    Updated: 20.11.2024

Services and facilities

Balcony or terrace
Pool
Security system

Additional details

Property type

Residential Properties

Object type

Flat

Price

687 597 $

Characteristics

Balcony or terrace
Pool
Security system
Sea View

Infrastructure

Playground

Distance to key points, m

To sea 10

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 (687 597 $) 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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