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Villa 134 м² in Famagusta, Cyprus

627 796 $

4 685 $ /м²

4OVWh
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Area

134 м2

Bedrooms

3

Bathrooms

3

Elegant apartments with magnificent views in Iskel, Cyprus

The residential complex is located on the edge of a cliff in the Esentepe area of Northern Cyprus, east of the lively town of Kyrenia. The climate here is characteristic of the Mediterranean; the summer and winter seasons are temperate due to the sea breeze and pine forests. The residential project is located 5 minutes drive from Korineum Golf Club, 2.5 km from the village of Esentepe, 5 km from Turtle Bay beach and 26 km from the center of Kyrenia. Just 100 m from a well-equipped beach and surrounded by breathtaking views of the Mediterranean Sea and mountains, this complex is an ideal place for a relaxing life or vacation. Distance to amenities Distance to center: 900 m Distance to beach: 750 m Distance to airport: 46 km Distance to stores: 3.4 km Features of elegant apartments in Iskel The complex is built on a plot of 85,000 m2. It offers options of studios, one and two bedroom apartments. All apartments have PVC double-glazed windows, sewerage, water heater), electricity, TV and internet sockets, kitchen countertops with a choice of colors, cabinets, stainless steel sink, ceramic floors. There are a number of on-site amenities including a shared outdoor pool, water park, fitness center, sauna, Jacuzzi, walking and biking paths, children's playground, restaurants, bars, cafes, organic gardens.

Additional details

Property type

Residential Properties

Object type

Villa

Price

627 796 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Famagusta; 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 Famagusta 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 (627 796 $) 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 Famagusta: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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