Flat in Northern Cyprus. City - Alsanjak
North Cyprus real estate in Alsancak is a modern apartment with a private rooftop terrace in the Eden Garden Terrace residential complex. If you are looking for North Cyprus real estate for living, holiday or investment, this apartment will be an excellent choice thanks to its convenient location, readiness for occupancy and high rental potential. The North Cyprus apartment with a rooftop terrace combines comfort, a modern layout and a sought-after location, which makes it attractive for buying North Cyprus real estate by the sea.
The apartment is located in one of the greenest and most comfortable areas of Alsancak — a popular location for those considering North Cyprus real estate for living or investment.
The property is located on the second floor of a modern two-storey house in a new residential site, consisting of three blocks.
✨ Communal pool for residents
✨ Children's playground and recreation areas
✨ Underground parking
✨ Well-maintained and secure territory
The apartment layout is designed for comfortable living:
✨ Bright living room with open-plan kitchen
✨ 2 bedrooms and 2 bathrooms
✨ Spacious hallway
✨ Fully furnished and equipped with appliances
✨ Ready for occupancy without additional investment
A special advantage is the private rooftop terrace, which is ideal for relaxing with views of the mountains and the sea. This is a rare offer for those looking for North Cyprus real estate with a terrace and panoramic views.
📍 Within walking distance are schools, supermarkets, restaurants, cafes and a children's park, which makes the property convenient for permanent residence.
The apartment is perfect both for own living and for renting out with high income — a sought-after format of investment real estate in North Cyprus.
📞 Contact us for detailed information and to arrange a viewing.
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.
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 Alsanjak 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 (233 365 $) 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 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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