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Flat 83 м² in Famagusta, Cyprus

196 948 $

2 372 $ /м²

4OWac
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Area

83 м2

Bedrooms

2

Bathrooms

1

Year of construction

2024

Apartment in North Cyprus. City - Famagusta

New 1+1 apartments will attract your attention!

So, we offer you a new project, which is located in the neighborhood of Yenibogazici. In addition, within walking distance to the sandy beaches. Just three minutes from the historic ancient city of Salamin and five minutes from Famagusta. This is an ideal location for those who want to have all the infrastructure at their fingertips and at the same time enjoy privacy and tranquility.

Designed grounds with magnificent views. Open spacious rooms and panoramic windows.

All apartments in the complex have a spacious living room and entrance hall. The flooring is of very high quality. The acrylic kitchen cabinets are of high quality. In addition, each bedroom has built-in closets. Master bedroom with walk-in closet and en-suite bathroom. Natural marble window sills. Aluminum windows with double glazing and thermal insulation. Suspended ceiling and lighting in hallway, living room and kitchen. Glass staircase and balcony railings. Open and covered terraces.

On-site gazebo-style outdoor parking. Chic swimming pools. Near which there is a recreation area with sun loungers and umbrellas.

The first phase of this complex will be completed in July 2024. The rest will be completely ready in January 2025. This means that now is the time to invest profitably. At the moment at the beginning of construction the lowest prices. The down payment is only 40 percent. And the remaining amount can be safely repaid over the entire construction period. And this installment is absolutely interest-free. Do not miss such a favorable offer!

The new 1+1 apartments are waiting for you!

When buying this apartment - VELES Property provides assistance not only in obtaining a residence permit, but also a bank account, driver's license and medical insurance in North Cyprus!



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Additional details

Property type

Residential Properties

Number of rooms

2

Object type

Flat

Price

196 948 $

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 (196 948 $) 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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