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Flat 75 м² in Famagusta, Cyprus

ID 4OWb9
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Area
75 m²
Bedrooms
2
Bathrooms
1

Description

Flat in Northern Cyprus. City - Famagusta

Apartments in a mountain complex — North Cyprus real estate with sea and mountain views
North Cyprus real estate is the perfect combination of nature, comfort and investment appeal.

We present to you cozy apartments in a mountain complex in North Cyprus, which are perfect for permanent residence, vacation or rental. The apartment with panoramic views of the sea, mountains and forest is located in a picturesque area with developed infrastructure and convenient transport accessibility.

The apartment is located on the second floor and is a two-bedroom penthouse with a covered area of 75 m². One of the main features of the property is a spacious terrace and a large roof terrace, from where breathtaking views of the surrounding landscape open up. The terrace is equipped with a pergola made of solid wood, and a convenient staircase connects the main terrace to the roof — an ideal place for relaxation, sunset dinners and entertaining guests.

The mountain residential complex in North Cyprus is distinguished by a well-maintained territory and landscaped gardens. Here reign silence, calm and a sense of privacy, while nearby there are shops and the popular restaurant Up The Hill. The area is perfect for walks, excursions and living surrounded by untouched nature.

Infrastructure and advantages: panoramic view of the sea, mountains and forest proximity to the beach landscaped gardens quiet and prestigious area

Location: 15 minutes on foot or 5 minutes by car to the sea 30 minutes to Kyrenia 30 minutes to Ercan Airport

The house was built in 2010.

This apartment is an excellent option both for personal living and as an investment in North Cyprus real estate with high rental potential.

Do not miss the opportunity to purchase apartments in North Cyprus in a unique mountain complex — such properties are in steady demand and rarely stay on the market.

When purchasing real estate - VELES Property provides assistance in obtaining a residence permit and a bank account in North Cyprus.



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Characteristics

Property type
Residential Properties
Number of rooms
3
Object type
Flat
Price
128 351 $
Year of construction
2010

Infrastructure

  • Open pool
  • Cafeteria
  • Playground

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 Famagusta; 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 Famagusta 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 (128 351 $) 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 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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Flat with 2 bedrooms in Famagusta, Cyprus