Flat in Northern Cyprus. City - Esentepe
North Cyprus real estate by the sea in Tatlısu — this is a modern 2+1 apartment in a new residential complex with a spacious 130 m² layout, a 5 m² balcony and a large 50 m² rooftop terrace. The property is ideal for buying real estate in North Cyprus, investments, permanent residence, holidays and rental. The apartment is located in one of the most picturesque areas of North Cyprus, combining panoramic views of the Mediterranean Sea and mountains, a calm atmosphere and developed infrastructure. This is an excellent offer for those looking for North Cyprus real estate by the sea with high investment potential.
The residential complex consists of five blocks and offers premium resort-level infrastructure. It features infinity pools, spacious rooftop terraces and large social areas for relaxation and socialising. Residents of the complex can enjoy sea views, fresh air and a mild Mediterranean climate all year round.
Tatlısu is one of the most sought-after regions for buying real estate in North Cyprus among foreign buyers. The area is known for its clean beaches, natural beauty and convenient transport accessibility. In the immediate vicinity are the Korineum golf club, modern SPA centres, entertainment venues and historical attractions, including ancient castles in the mountainous part of the region.
Thanks to the combination of nature, infrastructure and resort lifestyle, this residential complex is an excellent choice both for comfortable living and for profitable investments in North Cyprus real estate.
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.
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 Esentepe 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 (263 833 $) 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 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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