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Flat 70 м² in Esentepe, Cyprus

ID 4OjIm
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Area
70 m²
Bedrooms
2
Bathrooms
1

Description

Flat in Northern Cyprus. City - Esentepe

Palm Bay View — fully renovated 2+1 apartments with a private rooftop terrace and panoramic sea views
We present to your attention magnificent fully renovated two-bedroom apartments in the prestigious residential complex Palm Bay View, which perfectly combine modern comfort, breathtaking views of the Mediterranean Sea and high investment potential in Northern Cyprus.

The apartment is fully renovated and is sold fully furnished and with all necessary appliances, which allows you to move in immediately or start renting it out without additional investment. The bright open-plan living room flows smoothly into a modern kitchen, and two spacious bedrooms create the most comfortable space for living and relaxing.

The main feature of the property is the spacious private rooftop terrace, from where stunning panoramic views of the Mediterranean Sea, a large resort-style pool and the picturesque surroundings open up. This is the perfect place for family outdoor dinners, gatherings with friends or a peaceful rest with a view of the famous Cypriot sunsets.

The title deed is already registered to the owner, which guarantees a safe and fast property transfer procedure. The property is available for purchase by foreign citizens, which makes it an excellent option both for international investors and for those looking for a holiday home by the sea.

Palm Bay View is considered one of the most attractive residential complexes on the coast of Northern Cyprus. Residents have access to:

  • large communal pool;

  • restaurant on the territory of the complex;

  • well-maintained green areas;

  • calm and comfortable atmosphere for living.


The main advantage of the complex is direct access to the beach, which is just a three-minute walk away.
Key advantages of the property:

  • fully renovated 2+1 apartments;

  • fully furnished and ready to move in;

  • spacious private rooftop terrace;

  • magnificent panoramic sea views;

  • title deed registered to the owner;

  • available for purchase by foreign citizens;

  • large communal pool;

  • restaurant on the territory of the complex;

  • direct access to the beach just a 3-minute walk away;

  • ideal option for permanent residence, holiday or high rental income.


Thanks to the modern interior, impressive sea views, fully prepared documents and exceptional location near the beach, these Palm Bay View apartments represent a unique opportunity to acquire premium real estate in one of the most sought-after coastal areas of Northern Cyprus.

When purchasing real estate - VELES Property provides assistance in 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
213 918 $
Year of construction
2012

Infrastructure

  • Open pool
  • 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 Esentepe; 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 Esentepe 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 (213 918 $) 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 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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Flat with 2 bedrooms in Esentepe, Cyprus