Flat 40 м² in Famagusta, Cyprus

229 096 $

5 727 $ /м²

4OUcp

Flat 40m² in Cyprus, Famagusta. Priced at 169000£ rent photo- #1

Flat 40m² in Cyprus, Famagusta. Priced at 169000£ rent photo- #2

Flat 40m² in Cyprus, Famagusta. Priced at 169000£ rent photo- #3

Flat 40m² in Cyprus, Famagusta. Priced at 169000£ rent photo- #4

Flat 40m² in Cyprus, Famagusta. Priced at 169000£ rent photo- #5

Flat 40m² in Cyprus, Famagusta. Priced at 169000£ rent photo- #6

Area

40 м²

Bedrooms

Bathrooms

Spacious 3 bedroom villas in a tranquil settingFamagusta.

\''The villas project is located in Yeni Bogazici, Famagusta, in a quiet and peaceful area close to the sea. This area is ideal for people seeking tranquility and nature while enjoying a luxurious lifestyle. The project is favorably located in the lush environment of Cyprus, close to the coast and offers several recreational opportunities. Restaurants, cafes, beach clubs and other basic amenities are within walking distance.Distances to amenities:Distance to the center: 1 kmDistance to the beach: 1,5 kmDistance to airport: 35 kmDistance to stores: 650 mFeatures of spacious 3 bedroom villas in FamagustaThe project comprises 18 double villas with shared pools and 2 fully detached villas with private pools. On the first floor there is an entrance hall, checkroom, toilet, kitchen-living room, dining room and barbecue area. On the second floor there are 3 bedrooms, one of which is the master bedroom with en-suite bathroom, closet, fireplace and bathtub (optional) and a shared toilet-bathroom.'\

Additional details

Property type

Residential Properties

Object type

Flat

Price

229 096 $

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 (229 096 $) 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).