Spacious 2+1 apartment with sea view in the centre of Kyrenia | Ozyalcin 183
Discover a bright and spacious 2+1 apartment in the sought-after residential project Ozyalcin 183, located in the very centre of Kyrenia. Combining comfort, a convenient location and beautiful sea views, this property is an excellent choice for permanent living, holidays or investment.
The apartment is located on the 5th floor and offers a magnificent view of the Mediterranean Sea. You can enjoy your morning coffee or traditional Turkish tea on the balcony while admiring the picturesque scenery.
The interior is finished in a modern style with an open plan. The stylish fully equipped kitchen with a convenient central island is ideal for family life, entertaining guests or simply for comfortable time spent in a spacious and cosy space.
Large windows fill the apartment with natural light throughout the day, and the spacious living room creates a warm and pleasant atmosphere.
Property features
✨ 2 spacious bedrooms
✨ Bright open-plan living and dining area
✨ Modern kitchen with a central island
✨ Sea view from the 5th floor
✨ Balcony with city and sea views
✨ Built-in wardrobes
✨ Double glazing on windows and doors
✨ High-quality ceramic floor covering
✨ Air conditioners in all rooms
✨ Modern interior doors
✨ Solar water heating system
✨ 3-tonne water storage tank
✨ Private parking
Prestigious location in the centre of Kyrenia
The apartment is located in one of the most attractive residential areas of Kyrenia, in close proximity to:
📍 Schools
📍 Supermarkets
📍 Restaurants and cafes
📍 All city infrastructure
📍 Beaches and the promenade
If you are looking for comfortable housing in Northern Cyprus or a profitable investment property with high rental potential, this apartment will be an excellent option in the very centre of Kyrenia.
When purchasing a property - VELES Property provides assistance with obtaining a residence permit and a bank account in Northern Cyprus.
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Characteristics
Property type
Residential Properties
Number of rooms
3
Object type
Flat
Price
194 471 $
Year of construction
2019
Infrastructure
Cafeteria
FAQ
How can I get a residence permit by buying property in Cyprus?
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.
Is a mortgage available for non-residents in Cyprus?
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.
What taxes and fees apply when buying in Cyprus?
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.
How is the title checked in Cyprus?
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.
Can I rent out property after purchase in Cyprus?
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.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (194 471 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Cyprus?
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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