House 229 м² in Famagusta, Cyprus

524 793 $

2 291 $ /м²

4OVc0

House 229m² in Cyprus, Famagusta. Priced at 385000£ rent photo- #1

House 229m² in Cyprus, Famagusta. Priced at 385000£ rent photo- #2

House 229m² in Cyprus, Famagusta. Priced at 385000£ rent photo- #3

House 229m² in Cyprus, Famagusta. Priced at 385000£ rent photo- #4

House 229m² in Cyprus, Famagusta. Priced at 385000£ rent photo- #5

House 229m² in Cyprus, Famagusta. Priced at 385000£ rent photo- #6

Area

229 м²

Bedrooms

Bathrooms

Modern detached villas with garden in Tuzla

Modern detached villas within walking distance to the beach in Gazimagouz Modern villas located in Gazimagouz, one of the most developed towns in Cyprus. Gazimagouz is now home to five-star hotels and international universities, while the town itself has historical significance. The Tuzla region, known for its sandy beaches, is located north of Gazimagusa, where the commercial port of Cyprus is located, as well as the Eastern Mediterranean University, the largest university on the island. The villas for sale in North Cyprus are located 300 m from the main road Gazimagusa-Iskele, 450 m from Gazimagusa State Hospital, 900 m from Glapsides beach, 1.5 km from the Eastern Mediterranean University, 2.5 km from the center of Gazimagusa, 9 km from the port of Gazimagusa, 14 km from Mackenzie beach, 43 km from Ercan airport and 60 km from Larnaca international airport. The project has a total of 24 detached villas with an area of 38913 square meters. The villas are duplexes and are divided into 3 or 4 bedrooms. The project offers a communal swimming pool in a common garden, private parking space for each villa, as well as private pools on the individual villas. On the first floors of the villas there is an open plan kitchen, living room, dining area and guest restroom. On the second floor of the villas are 3 bedrooms, two of which have walk-in closets and en-suite bathrooms, as well as a shared bathroom and restroom. A fireplace can be added to the living room if desired. The 4 bedroom villas have one bedroom on

Additional details

Property type

Residential Properties

Object type

House

Price

524 793 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Famagusta; 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 Famagusta 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 (524 793 $) 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 Famagusta: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).