279 573 $
Flat with 3 bedrooms in Kyrenia, Cyprus
Kyrenia, Cyprus
A modern 3 bedroom apartment in a great location with high rental potential or just a chic home. The property is scheduled for completion in February 2023. Built by a bou...
Flat in Northern Cyprus. City - Kyrenia
We present to your attention an individual premium class project in Northern Cyprus.
Lapta is one of the greenest parts of Northern Cyprus. Exclusive projects with a full panorama of the mountains, the endless sea, an olive grove and your private lemon garden. You will appreciate these majestic views of the sea and mountains that stretch for several tens of kilometres. Universities, English schools, banks and shops - you will find everything you need for yourself.
The apartments are equipped with underfloor heating and high-quality laminate. Decorative elements are made of expensive marble, granite and stone. And as a luxurious bonus – panoramic glazing, a wooden staircase and a decorative suspended ceiling with LED lighting.
In addition, the complex itself has a children's playground and a swimming pool. A huge terrace and car parking. Special attention is paid to sports and a healthy lifestyle. In this complex you will be able to find a special area for yoga and a sports ground. The apartment is equipped with everything necessary. Namely - a built-in kitchen, a laundry room, bathrooms and built-in wardrobes in the bedrooms. On the territory of the complex you will also find a children's pool and a large pool with a recreation area.
The complex has single-level 2+1 with its own garden or roof terrace, as well as 2 duplexes.
Also available are duplex apartments with two floors, a garden and a roof terrace. You just have to choose what you like!
Completion of construction - 2027
In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Kyrenia; 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 Kyrenia 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 (281 659 $) 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 Kyrenia: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).