Exclusive residential complex of villas in the prestigious area of Arapkoi (002406)
We welcome you to the exclusive complex of villas in the heart of the beautiful seaside and comfort.
The region around Arapka is known for its natural beauty. Here you can see mountain ranges, picturesque valleys and olive groves, which creates excellent opportunities for walking and hiking. Arapkoy is an attractive place for those looking for a peaceful community with a rich history and culture, as well as excellent opportunities for recreation and life in Northern Cyprus. Here you can discover the perfect place to relax and relax surrounded by exquisite amenities and natural beauty.
The project offers you the opportunity to purchase one of six exclusive two-level villas, which are a real embodiment of luxury and style. Each villa is located on a plot of 810 to 1300 m2 and offers a breathtaking panoramic view of the sea.
Spacious villas combine a strong>4 bedrooms, a gym and even a hobby room, providing you with everything you need for a comfortable stay. Each villa has an area of 410 m2.
On the territory of each villa you will find a landscaped private pool of 35 m2, where you can enjoy relaxation and relaxation in the open air.
There is also an additional 85 m2 area that you can use at your discretion - whether it is a sauna, indoor pool, cinema or anything else that will meet your needs and preferences. The project provides you with a number of advantages , including the ability to increase the final price of the project by 25-30%, property management for long-term leases, resale permission at any time and high rental income.
Do not miss the opportunity to become the owner of one of the best villas in Arapkoya with breathtaking sea views and luxurious amenities.
Location:Information updated: 21.11.2024
In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Kyrenia; 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 Kyrenia 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 (1 304 545 $) 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 Kyrenia: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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