Finished Villa in Yesilkoy will attract your attention!A superb quality complex of 4 apartments located in the beautiful neighborhood of Yesilkoy, which is situated far away from the hustle and bustle of the city, intertwined with nature. Most of the land in this area is protected from development, making Yesilkoy one of the most unspoiled corners of the Mediterranean. The area has many fine seaside restaurants along the coastline and everything you need for a permanent residence or vacation.Each of the two houses consists of two separate spacious 3 bedroom apartments with four individual exchange rights. Each villa consists of 3 bedrooms, the master bedroom has an en-suite bathroom, fitted closets. All bedrooms have large timber framed windows facing the street which provide plenty of natural light and fresh air, as well as wooden blinds to help protect from the sun.The kitchen and hallway are open plan and open out onto both balconies.The houses themselves are set on a 4700 square meter plot with 50 olive trees that produce an annual harvest of virgin olive oil. In addition, there are 2 entrances with parking spaces. The complex overlooks the sea and the mountains, private and gated plot. It is 5 minutes drive to the beach. Iskele center can be reached in 35 minutes drive. Famagusta is 50 minutes drive away.This investment property will be ideal for a summer vacation in a quiet and relaxing place, as well as a perfect place for a relaxing summer vacation.
Characteristics
Property type
Residential Properties
Number of rooms
3
Object type
Villa
Price
486 178 $
Year of construction
2014
Infrastructure
Open pool
Cafeteria
Playground
FAQ
How can I get a residence permit by buying property in Cyprus?
In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Iskele; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Is a mortgage available for non-residents in Cyprus?
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.
What taxes and fees apply when buying in Cyprus?
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.
How is the title checked in Cyprus?
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.
Can I rent out property after purchase in Cyprus?
Yes. Rental income tax is 5–25% depending on the regime. In Iskele short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (486 178 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Cyprus?
A typical transaction runs 30–90 days, averaging 45 in Iskele: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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