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Flat 60 м² in Famagusta, Cyprus

248 928 $

4 148 $ /м²

4OWdW
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Area

60 м2

Bedrooms

2

Bathrooms

1

Year of construction

2025

Apartment in North Cyprus. City - Famagusta

An apartment in an incredible project will catch your eye!

If you look at the photos, you will immediately realize that this is a luxury project. The project itself is in a quiet place by the sea. And in addition, not far from the city infrastructure. Location is simply gorgeous. Views from the windows not only on the sea, but also on the sea.

The new project is the largest residential project on the beach in Cyprus with studios, mansard penthouses 1+1, 2+1 and luxury villas with 3 bedrooms. The total number is 500 apartments. Located on the coast of Tatlysu. The project includes artificial rivers, lakes, and islands scattered throughout the site. In addition, there are designer gardens on the territory. The complex has a heated indoor swimming pool, spa center, restaurant, bar. For sports lovers - a gym, basketball court and tennis court.

This project is planned to be completed by the end of 2025. So now you have a unique opportunity to buy real estate in installments and at a low price.
There are three types of properties in the project. One or two bedroom apartments. There are also spacious cheap studios. And the most luxurious are villas.
We suggest you to pay attention to one-bedroom apartments. This is an optimal combination of price and quality. Such an apartment is just right for a couple or a couple with a child. In addition, you can very profitably rent this apartment for vacationers. The area is spacious 60 square meters. There is also a balcony with a stunning view.

An apartment in an incredible project is 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

248 928 $

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 (248 928 $) 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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