Main Countries Buy Rent

House 68 м² in Larnaca, Cyprus

298 065 $

4 383 $ /м²

4OThm
Share:

Area

68 м2

Bedrooms

2

Bathrooms

2

A 2 bedroom house/villa for sale in Larnaca, Larnaca, Cyprus.

A one bedroom apartment in a brand new building located in the center of Larnaca town. The development is in close proximity to the new and emerging Larnaca Marina and is located amongst popular stores, supermarkets and restaurants of various countries, just a few steps away from the famous Finikoudes promenade with its many tavernas, bars and cafes and lively nightlife. This apartment block is truly the heart of the city and represents a rare opportunity to purchase an apartment in such a convenient location. This modern design building offers apartments with Italian kitchens, granite countertops, large verandas, smart technology, covered parking space and private storage rooms. The building's exterior also includes the use of extensive granite and HPL surfaces to enhance the artistic factor of the building's design. Covered balcony: 20 Uncovered balcony: 16 Price+VAT Completion date: February 2023

Additional details

Property type

All Types

Object type

House

Price

298 065 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Larnaca; 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 Larnaca 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 (298 065 $) 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 Larnaca: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

Related sections