Flat in Northern Cyprus. City - Famagusta
Property type: 3+1, Apartment
Bedrooms: 3
Bathrooms: 2
Living area: 104 m²
Plot area: 110m²
Year built: 2025
Address: Famagusta, Geçitkale
3+1 Apartments in Geçitkale will catch your attention!
So, this unique project, intertwined with nature, is now in Geçitkale. The complex awaits all investors who love peace and nature. The developer offers 1+1, 2+1, 3+1 apartments, and 2+1, 3+1 penthouses. The apartments are designed with high-quality finishes and modern technology.
Complex amenities. First and foremost, there are green areas. A transfer to the beach is organized. There is a restaurant, cafe/bar, pharmacy, and supermarket. Multi-functional sports area. Open pool for adults and children. Indoor pool for adults and children. Bicycle and pedestrian paths. Beauty salon and gym.
Now, let us tell you about the apartment itself. The 3+1 apartments are perfect for your family. Located just a 10-minute drive from the sea. The apartments are in a six-story building, providing you with a wonderful view from the windows. With a total area of 104 square meters, this apartment offers plenty of space. Additionally, there are two bathrooms in the apartment, ensuring convenience and comfort for residents. Moreover, the apartment has a balcony of 6 square meters where you can enjoy the fresh air and beautiful views.
Features:
Construction will be completed by 2025.
So, the 3+1 Apartments in Geçitkale are waiting for you!
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 (134 147 $) 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).
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