Villas in Kyrenia
Many foreigners buy a house in Kyrenia for a seasonal holiday, relocation, or investment. This beautiful city’s picturesque nature, multicultural environment, and warm climate make it a great option for investors and expats. Property in Northern Cyprus is very diverse. Here you can find luxurious mansions in gated complexes with luxury amenities and small villas and townhouses on the Mediterranean coast. The region is popular among tourists due to its magnificent beaches, where you can enjoy the sunshine 300 days a year and numerous historical sites. One of the most visited cities in the island is Kyrenia. Thanks to its favourable location near the mountains and the seacoast, it is an excellent place for a resort holiday.
An advantage for buyers is that houses prices in Kyrenia, Northern Cyprus, are 30–50% lower than in the Greek part of the island. In addition, there is no minimum threshold for the cost of housing to obtain a residence permit. It is enough that its area is at least 17 m². The quality of construction remains high. Modern residential projects with first-class infrastructure are being built in the city. Thus, purchasing an investment house in Kyrenia is sure to bring a profit.
Cost of villas in Kyrenia
Prices for houses in Kyrenia depend on many factors: location, distance to the sea, area, class, quality of finishing, and available amenities.
Buying villas in Kyrenia off-plan is always more profitable: after completion, the cost of real estate normally increases by up to 20% of the original price. In addition, developers offer convenient payment plans with interest-free instalments for the entire construction period.
When buying a house on the secondary market, instalment plans will not be available, but you can immediately move into such a property or rent it out and receive passive income from 6 to 12% per annum.
The average cost of villas in Kyrenia is €250,000–300,000. There are more affordable properties on the market as well. For example, in this region, you can buy a 55 m² 1-bedroom villa in Northern Cyprus with a 30 m² plot for only €111,000.
An off-plan 220 m² 3-bedroom villa can be purchased for €204,000. This wonderful house in Kyrenia is located in a gated complex in a quiet area of Lapta, just 100 m from the sea. There are 2 parking spaces and a 300 m² plot of land. Instalment plans are available with a 35% down payment.
When it comes to ultra-luxury options, you can buy a 1,380 m² 6-bedroom villa in Kyrenia. This fully furnished mansion with an infinity pool, a lift, a rooftop bar, a Jacuzzi, a sauna, and a hammam will cost you €6.7 million.
Buy villa in Kyrenia
Use our aggregator website to browse villas in Kyrenia for investment and living. The catalogue contains offers only from trusted agencies and developers. Filters will help you customise your search to suit your needs and select the most relevant options. For your convenience, prices of villas for sale in Kyrenia are indicated in dollars and euros.