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Flat 64 м² in Caraolanol, Cyprus

138 650 $

2 166 $ /м²

4OdUE
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Area

64 м2

Bedrooms

2

Bathrooms

1

Year of construction

2014

Apartment in Northern Cyprus. City - Karaolanoglu




Great one bedroom apartment will attract your attention!

A cozy one bedroom apartment for sale in the picturesque village of Karaolanolu. Ideal place for those who appreciate comfort and proximity to nature. The apartment is located in a modern complex of 11 blocks, just 100 meters from the sea. Just a few minutes walk to the main road, where there are all the necessary infrastructure for life: supermarkets, pharmacies, bus stops and much more.


The apartment is ideal for renting, thanks to the proximity to the sea and the American University. It is also a great place for daily rentals, your vacation or permanent residence. The one bedroom apartment has a small balcony in the living room and a cozy balcony in the bedroom. The entrance stairs take you up to your own roof terrace where you can barbecue, sunbathe and enjoy the magnificent sea and mountain views.


The documents for the apartment are in good order, but the taxes have not yet been paid. Please note that the apartment is not suitable for purchase by foreigners. Don't miss the chance to own this wonderful property in one of the most beautiful parts of the coast.







Finished one bedroom apartment is waiting for you!





When buying this apartment - VELES Property provides assistance not only in registration of residence permit, but also a bank account

Additional details

Property type

Residential Properties

Number of rooms

3

Object type

Flat

Price

138 650 $

Infrastructure

Cafeteria
Playground

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Caraolanol; 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 Caraolanol 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 (138 650 $) 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 Caraolanol: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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