Flat in Northern Cyprus. City - Bogaz
Looking for North Cyprus real estate, a duplex 2+1 apartment in North Cyprus or a home by the sea in the Boaz area? A modern duplex 2+1 apartment in Boaz is an excellent opportunity to buy North Cyprus real estate for living, holiday or investment. The duplex 2+1 format in North Cyprus is especially in demand thanks to its convenient layout, two bedrooms, developed complex infrastructure and high rental potential in the resort region.
This cosy and functional apartment is ideal for a family or a group of friends who value comfort, space and a modern lifestyle. The spacious living room creates ideal conditions for relaxation, family evenings and gatherings with friends, while the two separate bedrooms provide privacy and comfort after a busy day.
The apartment includes a spacious living room, two cosy bedrooms, a fully equipped kitchen and a modern bathroom. The convenient layout makes the property ideal both for permanent residence and for holidays in North Cyprus.
The residential project offers a wide range of comfort-class amenities: a swimming pool, a gym, a children's playground and recreation areas. All this ensures a high standard of living and comfort for all residents.
Thanks to its convenient location, you can easily reach the beaches, restaurants, shops, as well as the main attractions of the region. This makes the apartment attractive both for living and for renting out.
Don't miss the opportunity to purchase a spacious and cosy duplex 2+1 apartment in Boaz — an excellent solution for living and investing in North Cyprus real estate with high rental demand.
In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Bogaz; 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 Bogaz 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 (222 994 $) 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 Bogaz: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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