Flat in Paphos. City - Lapta
North Cyprus real estate offers unique opportunities for living and investing by the sea. If you are looking for where to buy a villa in North Cyprus with additional income, pay attention to an exclusive offer: a spacious villa with a separate building containing 3 apartments 2+1. This is an ideal option for those who want to purchase North Cyprus real estate with a ready-made rental business, a large plot of land and full autonomy.
The main villa is a spacious house with 4 bedrooms, each equipped with its own bathroom and walk-in closet. The house also includes a large living room, a spacious kitchen, a laundry room and a storage room. The villa is equipped with a garage for 2 cars and additional parking for up to 10 cars, which is a rare advantage for North Cyprus real estate of this level. Several balconies and spacious terraces create comfortable relaxation areas.
On the plot there is a well-kept garden with fruit trees, a swimming pool with a bar, a summer kitchen and a separate bathroom. There is also a technical area for convenient maintenance. The villa is fully autonomous: it has its own well, a diesel generator and a gas system. Heating is installed, and each room has air conditioners, ensuring comfortable living all year round.
An additional advantage is a separate three-storey building with apartments: on each floor there is a 2+1 apartment with two bathrooms and an area of about 118 m². The building has its own fenced territory, a separate entrance and parking with automatic gates for 3 cars. There is also access to the common territory and swimming pool. On the roof there is a spacious terrace with a panoramic view of the sea and mountains — a sought-after advantage among buyers of North Cyprus real estate.
The apartments are fully ready for occupancy and equipped with a heating system; all technical infrastructure is located outside the living premises. This property is ideal for renting out, living as a large family or running your own rental business in North Cyprus.
The property is sold as a single lot: the villa and the apartment building are not divided, which makes the offer especially advantageous from an investment point of view.
This is a rare opportunity to buy North Cyprus real estate with a large plot, several residential properties and high income potential.
In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Lapta; 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 Lapta 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 (1 166 829 $) 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 Lapta: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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