Flat 56 м² in Famagusta, Cyprus

55 972 $

999 $ /м²

4OUpZ

Flat 56m² in Cyprus, Famagusta. Priced at 41668£ rent photo- #1

Flat 56m² in Cyprus, Famagusta. Priced at 41668£ rent photo- #2

Flat 56m² in Cyprus, Famagusta. Priced at 41668£ rent photo- #3

Flat 56m² in Cyprus, Famagusta. Priced at 41668£ rent photo- #4

Flat 56m² in Cyprus, Famagusta. Priced at 41668£ rent photo- #5

Flat 56m² in Cyprus, Famagusta. Priced at 41668£ rent photo- #6

Area

56 м²

Bedrooms

Bathrooms

Apartment for sale in Via Guido d'\'Arezzo in Famagusta, Cyprus.

In beautiful Northern Cyprus - surrounded by greenery and bathed by the crystal clear waters of the Mediterranean Sea - exclusively for Italy we offer for sale: studios, one and two bedroom apartments, penthouses and villas. Collected in villages and resorts, the complexes offer various services and entertainment such as indoor and outdoor swimming pools and water parks, restaurants and bars, beauty resorts and SPA centers, children's areas, sports and wellness areas and shopping centers - all of which can be visited free of charge (all included in the maintenance costs, approximately 50 to 90 euros per month) thanks to the Membership Card provided after the purchase of the property.We offer an exclusive 3-day tour to view the complexes, get information and choose the property you are interested in (no obligation to buy).North Cyprus is a tax haven, there are no taxes on second homes and residency is possible.- The possibility of individual payment terms.- Ability to book an object for a month for only 1 160 euros.- Minimum down payment - 30% of the value.- The balance of the amount can be paid within 6 years without interest and without the involvement of the bank.- Cashback.- Rental guarantee for 3 years.- Furniture and accessories are included in the price (for studios).Charming studios of 46 m² + 8 m² (balcony) or 56 m² + 8 m² (balcony) consisting of a sunny living room and bedroom in one space, a luxurious kitchen, a bathroom with shower and double glazed windows.The furniture is included in the price.Price: from 48,000 euros.Possibility of renting for 80 euros per day.

Additional details

Property type

Residential Properties

Object type

Flat

Price

55 972 $

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 (55 972 $) 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).