Flat 79 м² in Paralimni, Cyprus

115 719 $

1 464 $ /м²

4OTQ6

Flat 79m² in Cyprus, Paralimni. Priced at 99000€ rent photo- #1

Flat 79m² in Cyprus, Paralimni. Priced at 99000€ rent photo- #2

Flat 79m² in Cyprus, Paralimni. Priced at 99000€ rent photo- #3

Flat 79m² in Cyprus, Paralimni. Priced at 99000€ rent photo- #4

Flat 79m² in Cyprus, Paralimni. Priced at 99000€ rent photo- #5

Flat 79m² in Cyprus, Paralimni. Priced at 99000€ rent photo- #6

Flat 79m² in Cyprus, Paralimni. Priced at 99000€ rent photo- #7

Flat 79m² in Cyprus, Paralimni. Priced at 99000€ rent photo- #8

Flat 79m² in Cyprus, Paralimni. Priced at 99000€ rent photo- #9

Flat 79m² in Cyprus, Paralimni. Priced at 99000€ rent photo- #10

Flat 79m² in Cyprus, Paralimni. Priced at 99000€ rent photo- #11

Flat 79m² in Cyprus, Paralimni. Priced at 99000€ rent photo- #12

Flat 79m² in Cyprus, Paralimni. Priced at 99000€ rent photo- #13

Flat 79m² in Cyprus, Paralimni. Priced at 99000€ rent photo- #14

Flat 79m² in Cyprus, Paralimni. Priced at 99000€ rent photo- #15

Area

79 м²

Bedrooms

Bathrooms

2 bedroom apartment for sale - Paralimni, Famagusta, Cyprus

A well decorated two bedroom first floor apartment located in Paralimni, close to St. Demetrios Church, in a quiet residential area but close to all amenities. The complex offers a communal swimming pool, showers and covered parking. The development comprises only 18 apartments, making it ideal for permanent residence or for vacation. Inside the apartment offers a spacious living room combined with the kitchen, which leads directly to a large covered veranda with beautiful views of nature. The apartment offers two cozy bedrooms. The master bedroom has direct access to the veranda and living area. Both bedrooms can access the family bathroom. Exposed without shelter, with the possibility of a canopy, there is a title deed available.

Additional details

Property type

All Types

Object type

Flat

Price

115 719 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Paralimni; 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 Paralimni 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 (115 719 $) 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 Paralimni: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).