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Flat 82 м² in Alsanjak, Cyprus

ID 4OjO7
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Area
82 m²
Bedrooms
2
Bathrooms
1

Description

Flat in Northern Cyprus. City - Alsanjak

North Cyprus Real Estate: 2+1 Apartments in the Premium West Park Project in Alsancak

North Cyprus real estate in the Alsancak area is in high demand among buyers and investors due to its proximity to the sea, developed infrastructure, and prestigious location. The new residential project West Park offers modern 2+1 apartments in one of the best areas of Kyrenia. This is an excellent opportunity to buy real estate in North Cyprus for permanent residence, vacation, or obtaining a stable rental income.

West Park is located at the foot of the Kyrenia Mountains and just a few minutes from the Mediterranean coast. The unique combination of sea and mountain landscapes, a calm atmosphere, and convenient access to all city infrastructure make this project especially attractive for living.

The complex includes only 30 apartments, which ensures privacy and comfort for residents. The 2+1 apartments with an area of 82 m² feature modern layouts, spacious terraces, and the possibility of arranging your own garden. Each room is equipped with air conditioners, and owners have access to covered parking, a communal pool, walking paths, and rooftop terraces with panoramic views of the sea and mountains.

In the immediate vicinity are schools, private colleges, supermarkets, restaurants, beaches, medical facilities, sports centers, as well as popular hotels and entertainment venues. Kyrenia center is just a 12-minute drive away, and Ercan Airport is 45 minutes away.

If you are looking for an apartment in Alsancak, real estate by the sea in North Cyprus, or a promising investment property with high potential for value growth, the apartments in West Park will be an excellent choice for living and investment.

When purchasing real estate - VELES Property provides assistance in obtaining a residence permit and a bank account in North Cyprus.


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Characteristics

Property type
Residential Properties
Number of rooms
3
Object type
Flat
Price
198 361 $
Year of construction
2027

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 Alsanjak; 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 Alsanjak 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 (198 361 $) 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 Alsanjak: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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Flat with 2 bedrooms in Alsanjak, Cyprus