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Flat 50 м² in Famagusta, Cyprus

198 232 $

3 964 $ /м²

4OWbC
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Area

50 м2

Bedrooms

2

Bathrooms

1

Year of construction

2027

Apartment in North Cyprus. City - Famagusta

The one bedroom apartments in Kucuk Jerenkoy will attract your attention!

The project offers all the facilities for a healthy lifestyle as there are many walking paths, biking trails, sports fields. Gym, meditation and yoga areas. As well as restaurants, spa center and swimming pools. The developer of these apartments, has combined the beauty of the surrounding landscape with exquisite luxury. To create an exceptional place to call home. It is the perfect choice for the whole family.

There are different types of apartments and villas in the complex. These are studio apartments and one bedroom apartments. Two-bedroom apartments and three-bedroom family villas.

There are beautiful one bedroom apartments in the complex for you. Ideal for investment. The area of such an apartment is 50 square meters. In addition, there is a terrace - 10 square meters.

Readiness of construction of this complex in March 2027. And now you have a unique opportunity to take advantage of installments from the developer. Initial booking - 2000 pounds. Prepayment is 35 percent. And the remaining 65 percent is payable monthly or quarterly until you receive the keys.

The one bedroom apartments in Kucuk Jerenkoy are waiting for you!

When buying these apartments - 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

198 232 $

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 (198 232 $) 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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