Buy an apartment in Kyrenia

Dear investors and future property owners, let me present you unique opportunities to purchase apartments in the picturesque town of Kyrenia, located on the north coast of Cyprus. The town has a rich history, mild Mediterranean climate, developed infrastructure and a dynamic economy, which makes it an attractive place to live and invest.

How can I buy an apartment in Kyrenia?

Buying an apartment in Kyrenia is not only an investment in real estate, but also in your quality of life. Cyprus is known for its hospitality, wonderful climate and high standard of living. The process of buying an apartment here is quite standardized and easy to understand. To make this process as smooth and clear as possible, it is important to follow certain steps:

1. Determine your budget and requirements – set your budget and identify the key features of your desired property.
2. Search for real estate – use an agency or research the market on your own.
3. Tour the facilities – personally visit the apartments to ensure they meet your expectations.
4. Preliminary Agreement – Enter into an agreement that sets out the terms of the deal.
5. Due diligence – make sure the property is legally clean.
6. Financial Transactions – complete the necessary financial paperwork and make a deposit.
7. Finalize the transaction – sign the final purchase agreement and pay the remaining balance.

What is the difference between apartments and condos?

The choice between apartments and apartments depends on your personal preferences and lifestyle. Apartments in Kyrenia offer a unique combination of comfort, luxury and convenience. These properties are ideal for those looking for premium accommodation. The features of the apartments reflect the current trends in residential real estate.

1. Comfort Level – The apartments offer a high level of comfort and modern amenities.
2. Amenities – apartment complexes often have additional amenities such as swimming pools, gyms and security.
3. Location – apartments are usually located in desirable and livable neighborhoods.
4. Property management – professional management ensures that order is maintained and household issues are resolved.

These aspects make the apartments an excellent choice for those who appreciate quality and comfort in everything.

Is investing in apartments in Kyrenia profitable?

Investing in apartments in Kyrenia seems to be a favorable decision for many investors for several reasons. The city is located in a picturesque area with developed infrastructure, which makes it a popular choice for both local and foreign buyers and tenants. Due to the steady growth in tourist traffic and the increasing demand for rental accommodation, owners of apartments in Kyrenia can look forward to profitable rental income, as well as an increase in the value of their property in the long term. An important factor is also the political stability in the region, as well as an attractive tax policy, which makes Kyrenia an attractive place for real estate investment.

How can a foreigner buy an apartment in Kyrenia?

The process of buying apartments in Kyrenia for foreigners is quite simple and similar to the process that locals go through, but with a few nuances. Foreign buyers first need to select a suitable property and agree on a price. They must then apply for a purchase permit from the council of ministers, which is a standard procedure to ensure the security of real estate transactions. This process may take some time, but it is necessary to ensure the legal integrity of the transaction. After receiving authorization, foreigners can proceed with the purchase process by entering into a purchase contract, making the necessary payments and registering the property in their name. It is important to note that owning property in Kyrenia does not automatically entitle you to a residence permit or citizenship, but it is an important step for those considering a long-term stay or relocation to Cyprus.

Is it possible to buy an apartment in Kyrenia without having citizenship?

The purchase of apartments in Kyrenia is available not only to Cypriot citizens, but also to foreign buyers who do not have the citizenship of the country. This makes the Kyrenia real estate market attractive to international investors and those looking for accommodation in a picturesque and comfortable location. Foreigners need to undergo a permit process from the council of ministers in order to purchase, which is a standard practice aimed at ensuring the safety and transparency of real estate transactions. It is important to note that owning a property in Kyrenia does not automatically entitle you to citizenship or residency, although this may be a valid argument when considering applications.

What are the disadvantages of living in apartments in Kyrenia?

Living in apartments in Kyrenia offers a number of advantages, such as a high level of comfort and the availability of various amenities. However, as with any housing solution, there are certain disadvantages that potential buyers and renters should consider when making a decision. These disadvantages can vary depending on personal preferences and expectations, but they are important to consider for a full understanding of apartment living in this beautiful resort town.

The cons of apartment living in Kyrenia include:

• less freedom and privacy – close proximity to other apartment residents can limit personal space and sense of privacy.
• Restrictions on the use of amenities – some complexes may have rules restricting the use of common amenities or modifications to apartments.
• additional maintenance costs – the availability of additional amenities and services may result in higher monthly fees for the maintenance and upkeep of the complex.
• Noise and congestion – living in a popular tourist or densely populated area can come with higher noise levels and higher levels of congestion in the local infrastructure.

These factors should be considered when assessing the potential of living or investing in apartments in Kyrenia, so that your choice is as informed as possible and meets your expectations regarding comfort and quality of life.

Contact our managers

We invite you to contact our managers at “ATLAS” to get more detailed information about apartments in Kyrenia, find out about current offers and start the process of purchasing your ideal home or investment property in Cyprus. Your dream of your own corner of the Mediterranean paradise can become a reality today!