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House 127 м² in Ayia Napa, Cyprus

397 420 $

3 129 $ /м²

4OTmG
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Area

127 м2

Bedrooms

3

Bathrooms

1

3 bedroom bungalow for sale in Ayia Napa, Famagusta, Cyprus.

A spacious 3 bedroom bungalow with ownership of a share of land is located in a very popular area of Ayia Napa! This property is a location ideally situated in a popular tourist area, just a short walk from the hustle and bustle of Ayia Napa and with easy access to the beautiful Nissi beach. It has the added bonus of being far enough away to enjoy the peace and tranquillity of the surrounding fields.Inside you will be greeted by a large living/dining room with large traditional pinhole windows that allow plenty of natural light and a lovely stone fireplace. There is also a good sized kitchen with plenty of cupboards and work surfaces, as well as an additional room for entertaining. The three double bedrooms are of a reasonably good size and there is a family bathroom. The main selling point of this property has to be the abundance of outside space; with a large plot with mature trees and outside storage. Surrounded by fields, the property is private and undisturbed. This property would be a fantastic investment opportunity for someone looking for a modernization project to create a dream family home! Ask now for a viewing!

Additional details

Property type

All Types

Object type

House

Price

397 420 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Ayia Napa; 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 Ayia Napa 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 (397 420 $) 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 Ayia Napa: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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