Villa in Northern Cyprus. City - Caraolanol
A luxury villa of 230 m² with stunning design and thoughtful layout is for sale. The house has three spacious bedrooms, a large cozy living room with fireplace and a separate fully equipped kitchen. A bathroom and a separate toilet provide additional comfort. The windows have blinds.
The house is fully furnished and equipped with all necessary appliances: refrigerator, washing machine, dishwasher, gas stove, electric oven, smart TV and home theater with smart video projector. Each room is air-conditioned and has high-speed internet.
The villa has a rooftop observation deck with solarium, offering stunning sea and mountain views. Outdoor terraces with a total area of 120 m² allow you to enjoy the fresh air. The villa is equipped with a solar water heater and water tanks.
The 500 m² plot has a magnificent garden with tropical fruits and palm trees, irrigation system and its own well. There are pomegranates, peaches, nectarines, bananas, tangerines, lemons, figs, grapes and many other crops. The garden also has a grape arbor, swing, barbecue and oven.
The location of the villa is unique: a quiet street next to 5-star hotels,
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 (466 731 $) 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).
466 731 $
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