Property Abroad

Cyprus

Northern Cyprus

Karshiyaka

Flat

Flat 56 м² in Karshiyaka, Cyprus

154 000 $

2 750 $ /м²

4OVZs

Area

56 м²

Bedrooms

Bathrooms

Year of construction

2024

Studios and apartments in a seaside resort complex in North Cyprus

104 luxury 1 and 2 bedroom apartments with unobstructed sea views.

The complex boasts its infrastructure:

private pools and Jacuzzis, 3000 square meters of landscaped gardens, and access to a private beach club just 3 minutes walk away. There are also 3 large communal swimming pools, an à la carte restaurant, tennis court, state of the art spa, gym and much more.The complex's facilities allow you to live in an all-inclusive resort residence on a pristine sandy coastline, located just 20 minutes from the center of Kyrenia and less than 10 minutes from 5 star hotels

Services and facilities

Air conditioner

Pool

Security system

Additional details

Property type

New Building

Number of rooms

Floor

Object type

Flat

Price

154 000 $

Condition

New Building

Characteristics

Air conditioner

Pool

Security system

Sea View

Infrastructure

Open pool

Fitness center

Relaxation area

Playground

Sauna

Multimedia

Virtual tour

Distance to key points, m

To sea 600

To school 600

To shops 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 Karshiyaka; 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 Karshiyaka 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 (154 000 $) 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 Karshiyaka: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).