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Famagusta
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Flat 41 м² in Famagusta, Cyprus

75 217 $

1 834 $ /м²

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Flat 41m² in Cyprus, Famagusta. Priced at 64350€ rent photo-1 Flat 41m² in Cyprus, Famagusta. Priced at 64350€ rent photo-2 Flat 41m² in Cyprus, Famagusta. Priced at 64350€ rent photo-3 Flat 41m² in Cyprus, Famagusta. Priced at 64350€ rent photo-4 Flat 41m² in Cyprus, Famagusta. Priced at 64350€ rent photo-5 Flat 41m² in Cyprus, Famagusta. Priced at 64350€ rent photo-6 Flat 41m² in Cyprus, Famagusta. Priced at 64350€ rent photo-7 Flat 41m² in Cyprus, Famagusta. Priced at 64350€ rent photo-8 Flat 41m² in Cyprus, Famagusta. Priced at 64350€ rent photo-9 Flat 41m² in Cyprus, Famagusta. Priced at 64350€ rent photo-10 Flat 41m² in Cyprus, Famagusta. Priced at 64350€ rent photo-11 Flat 41m² in Cyprus, Famagusta. Priced at 64350€ rent photo-12 Flat 41m² in Cyprus, Famagusta. Priced at 64350€ rent photo-13 Flat 41m² in Cyprus, Famagusta. Priced at 64350€ rent photo-14

Area

41 м2

Bedrooms

1

Bathrooms

1

Year of construction

2018

Apartment in North Cyprus. City - Famagusta

Cozy studio in the city center from the owner will attract your attention!The apartment is located in a new complex in the center of Famagusta. The studio apartment has a mesmerizing view from the balcony. Namely, the sea, the mountains and the city at the same time. In addition, it is fully furnished. Undoubtedly, with all the necessary appliances.

Buying this property you can immediately get the keys. Of course, this is a good investment. At the same time, you will be able to start renting it out from the first day of purchase. As one of the largest universities of the island is located nearby.
Apartment Description


  • Built-in kitchen

  • Laminated parquet

  • Ceramic tiles

  • Ceramic and tile bathroom decoration

  • Bathroom fittings

  • Built-in wardrobes

  • Double glazed PVC windows

  • Solar water heater

  • Satellite TV

  • Internet

  • Central air conditioning

  • Central heating system

  • Open swimming pool

  • Lifts

  • Open parking lot

  • Open parking lot



Location
The complex is located in the center of Famagusta (North Cyprus). Moreover, in one of the most prestigious areas. It is also close to the new shopping center and the most popular street of the city. In general, where there are numerous restaurants, cafes and bars, cinemas. Above all, the complex offers modern convenience and comfort. At the same time, it is erected with the most advanced construction technologies. It is worth noting that this option is excellent for both permanent residence and for renting. For example, 2 minutes away is the Eastern Mediterranean University. As a consequence, apartments are in great demand among students. The proximity of the rich infrastructure of the area, the coastal zone of the Mediterranean and interesting architectural solutions of the project - all this will interest even the most demanding buyers.

Of course, this residential complex is two 12-storey buildings of modern architecture with beautiful views of the sea and the city. In addition, separated by an outdoor swimming pool. Undoubtedly, the original facades of the buildings stand out favorably against the background of the surrounding buildings.

Cozy studio in the city center will always be able to bring passive income.

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The cozy studio in the city center 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, health insurance, and a car in North Cyprus!



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Additional details

Property type

Residential Properties

Number of rooms

1

Object type

Flat

Price

75 217 $

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 (75 217 $) 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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