Flat 111 м² in Famagusta, Cyprus

229 517 $

2 067 $ /м²

4OUoF

Flat 111m² in Cyprus, Famagusta. Priced at 170000£ rent photo- #1

Flat 111m² in Cyprus, Famagusta. Priced at 170000£ rent photo- #2

Flat 111m² in Cyprus, Famagusta. Priced at 170000£ rent photo- #3

Flat 111m² in Cyprus, Famagusta. Priced at 170000£ rent photo- #4

Flat 111m² in Cyprus, Famagusta. Priced at 170000£ rent photo- #5

Flat 111m² in Cyprus, Famagusta. Priced at 170000£ rent photo- #6

Area

111 м²

Bedrooms

Bathrooms

Stylish apartment located in Famagusta, North Cyprus.

These publicly available residential homes are located in one of the popular locations in the Famagusta neighborhood. This location is just a few minutes away from the natural park and Chanakkale Goleti Lake. In addition, there are many city amenities such as public transportation, hospitals, shopping mall, police station, hotels, casino and stadium nearby the apartments. And in 1.2 km you can reach and enjoy the exotic sandy beach!Distance to facilities:Distance to the city center: 1 kmDistance to the beach: 1,2 kmDistance to airport: 24 kmDistance to local stores: 650 mApartment Features:The project includes six floors and one bedroom apartments of 75 square meters with one bathroom and one balcony. In addition, the radiant side of the project is located in the heart of the project and has outdoor parking and elevator.If you are interested in purchasing such an affordable apartment on the island of North Cyprus, please contact one of our team members for more information.

Additional details

Property type

Residential Properties

Object type

Flat

Price

229 517 $

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 (229 517 $) 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).