Flat in Northern Cyprus. City - Alsanjak
North Cyprus real estate: sale of new apartments in the center of Alsancak — one of the most convenient and developed areas of Kyrenia. This is an ideal option for those who want to buy an apartment in North Cyprus for permanent residence or for rent. A successful location, proximity to infrastructure and the beach make the project especially attractive.
We offer apartments in a new complex located in the center of Alsancak. 100 meters from the main road there are banks, supermarkets, restaurants and all necessary infrastructure facilities. Shuttle buses will take you to the city of Girne (Kyrenia) in just 20 minutes. A direct road leads to Camelot Beach, which can be reached on foot in about 10 minutes.
The complex has a shared swimming pool and parking (1 space per apartment). Entry is through a barrier, which ensures the safety and comfort of residents.
The project is made in luxury format. The apartments include: an entrance hall area, built-in wardrobes in each bedroom, a kitchen combined with the living room, and 1 bathroom. A separate place is provided for the laundry area so that the washing machine and cabinet for household items do not interfere with the main space.
Each apartment has a balcony. The kitchen unit and plumbing are included in the price. For the convenience of residents, an elevator is installed in the building. Apartments on the first floor have their own garden, and apartments on the second floor have a roof terrace. Sea and mountain views are provided, which makes living especially pleasant.
A better location cannot be found: this is one of the most convenient places for permanent residence in North Cyprus or for rent.
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 (200 953 $) 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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