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Flat 90 м² in Ayia Napa, Cyprus

ID 4OVSt
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Area
90 m²
Bedrooms
2
Bathrooms
1

Description

Apartment for sale in Ayia Napa, Cyprus

Somewhere between Limassol's medieval castle, above the old harbor and superyacht marina, a new boutique complex is emerging. A short drive from the casino and the golf resort under construction, and only 1km from the sea... Enjoy a stroll along the waterfront or the old town, which are only a few minutes away, or get in the car and head for the mountains or another town on the main highway, which is only a short drive away. This project has been designed to make the most of its unrivaled location. It is a reimagined urban lifestyle that seamlessly blends luxury and convenience, quality and creativity. Specifications: All common interior spaces will be paved with marble. - Living and dining rooms, kitchens, corridors, bathrooms and terraces will be paved with ceramic tiles. - The bedrooms will have natural wood parquet with pre-lacquered and natural wood veneer top layer. - Imported kitchen, closets and interior doors. - Pre-completion of kitchen appliances. - Full installation of split units for air conditioning (heating and cooling) in all rooms. - Full installation of underfloor heating. - Decorative vertical stone-clad elements on part of the terrace facade. - Video and telephone controlled entry doors. - Solar panels and electric water heater will be installed. - Electrically operated gates to access the parking lot. - There is a security alarm system, video surveillance on the first floor around the perimeter of the complex and charging of electric cars in each parking space

Characteristics

Property type
Residential Properties
Object type
Flat
Price
495 178 $

FAQ

How can I get a residence permit by buying property in Cyprus?

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.

Is a mortgage available for non-residents in Cyprus?

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.

What taxes and fees apply when buying in Cyprus?

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.

How is the title checked in Cyprus?

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.

Can I rent out property after purchase in Cyprus?

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.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (495 178 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Cyprus?

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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Flat with 2 bedrooms in Ayia Napa, Cyprus