Flat 91 м² in Famagusta, Cyprus

201 164 $

2 210 $ /м²

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Flat 91m² in Cyprus, Famagusta. Priced at 149000£ rent photo- #1

Flat 91m² in Cyprus, Famagusta. Priced at 149000£ rent photo- #2

Flat 91m² in Cyprus, Famagusta. Priced at 149000£ rent photo- #3

Flat 91m² in Cyprus, Famagusta. Priced at 149000£ rent photo- #4

Flat 91m² in Cyprus, Famagusta. Priced at 149000£ rent photo- #5

Flat 91m² in Cyprus, Famagusta. Priced at 149000£ rent photo- #6

Area

91 м²

Bedrooms

Bathrooms

Apartments in a fantastic central location in Famagusta

{\''These apartments are located in a great central location in Famagusta and within walking distance to Sakaria Street, CityMall and other business areas. This area is becoming increasingly popular with foreign investors and those looking to relocate for the warmer climate and relaxed lifestyle. Famagusta is fast becoming one of the most popular areas in the city and the new apartments are in the center of the most famous stores, brands and accessory stores. The beaches in the area are outstanding and have been listed by Forbes magazine as one of the best places to buy beachfront property. Distance to amenitiesDistance to the beach: 1.5 kmDistance to town: 0,1 kmDistance to airport: 44 kmDistance to local stores: 0.1 kmProperty FeaturesThese wonderful apartments have a beautiful panoramic view over the city of Famagusta. Apartment owners can enjoy the indoor swimming pool, gym and spa by obtaining a Privilege Life card which will allow them to use these facilities. The amazing one-bedroom apartments have an impressive bathroom equipped with high quality fixtures and fittings and a balcony bringing ample light into the space. The desirable combination of indoor and outdoor area allows the owners to enjoy various places for rest and relaxation, right from the cozy homes. The two-bedroom apartment has two bathrooms and the same layout with an open kitchen and living room, providing great space for hosting guests, as well as ample countertops and cabinets for kitchen utensils. This apartment complex has many benefits and would make a great investment property for owners, whether it's a buy-to-let or vacation rental system. Don't miss the opportunity to purchase a home in a prime location!'\

Additional details

Property type

Residential Properties

Object type

Flat

Price

201 164 $

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 (201 164 $) 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).