Two bedroom apartment with roof terrace for sale, Cyprus, North Cyprus, Kyrenia
Two bedroom apartment with roof terrace in the suburb of Kyrenia
The small cozy complex consists of 2 houses. The project is located in a marvelous picturesque place surrounded by greenery - at the foot of the mountains. All apartments are equipped with roof terraces with amazing views. On the territory - a common swimming pool.
This option can be considered as a permanent life, periodic vacation on the island, as well as for rental properties. Due to the excellent location close to the equipped beaches. And numerous infrastructure for living. Also a few kilometers away is located Alsancak National Park.
The complex is located just 15 minutes drive from Kyrenia. And all major infrastructure, respectively. Here you will find everything for life - stores, cafes and restaurants, banks, hospitals and pharmacies. And also schools and universities for your children.
When buying this apartment - registration of residence permit, bank account, driver's license in North Cyprus for the whole family as a gift from the company!
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 (114 551 $) 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).
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