Stunning complex of villas in the area of Chatalkoy (005374)
Villa planning:
The complex offers ideal accommodation both for own living and for investing in rent or resale.
Modern design combined with high-quality materials and attractive location make this project attractive for a variety of needs and requests Next to the complex, a luxury 5-star hotel and resort with its own marina are being built, which will increase the value of real estate and provide potential investors with profitable opportunities. Infrastructure and location of Chatalka — this is a beautiful area with a rich history and an amazing atmosphere. Here you will find many local attractions, restaurants, shops and much more. This area provides a unique opportunity to enjoy the tranquility and beauty of Northern Cyprus, without losing access to modern amenities and entertainment. The distance to the sea is 200 meters. Large windows provide an abundance of natural light, and magnificent views of the surrounding nature add comfort and beauty. The complex also offers a number of amenities for its residents, including common lounge areas, swimming pool and outdoor recreation spaces. Here you can enjoy a cozy atmosphere and a pleasant environment surrounded by family and friends. Payment plan:
Every villa is created taking into account high standards of quality and comfort. They offer spacious interiors, stylish finishing materials and modern amenities that make life here pleasant and convenient.
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 (1 042 331 $) 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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