595 710 $
Flat with 3 bedrooms in Famagusta, Cyprus
Famagusta, Cyprus
Flat in Northern Cyprus. City - Famagusta
SV-3120
Address: Yeniboazici, Famagusta
Living Area: 240 m²
Bedrooms: 3
Bathrooms: 3
Year Built: 01-12-2023
Property Type: 3+1 Three Bedroom Villa, Villa
Property Status: New Listings, New Builds, For Sale
Spacious villa in Yeniboazici will catch your attention!
So, delightful 3-bedroom villas in the village of Yenibogazici. It is located near Famagusta, Northern Cyprus. Large infinity pool and terraces with fantastic panoramic views. Moreover, the complex is just a few minutes drive from shops and local infrastructure.
The developer offers you:
Wide selection of high-quality ceramic floor and bathroom tiles, laminate.
Wide selection of high-quality porcelain for toilets and bathrooms, accessories.
Bathroom and toilet fixtures conforming to Hilton standard.
Luxury fitted kitchen (color choice)
Built-in wardrobes in each bedroom, hallway.
Double glazed PVC windows.
Wide windows on the staircase.
Aluminum railings.
Hydrophore system and water heating system with solar panels.
Central TV, satellite TV and internet.
Air conditioning infrastructure.
Furthermore, you have the option to order your own private pool next to the house. You also get 2 parking spaces for each villa. One parking space is covered with aluminum rails.
So, the project itself is located within walking distance of the newly built Middle East College, Bedis Beach and Salamis Ruins Park. Local shops and restaurants - 3 minutes walk. Shops, supermarkets, and shopping centers in Famagusta - 5 minutes drive. Salamis Park, beach, and picnic area - 3 minutes walk. In addition, the Middle East College - 2 minutes walk. Eastern Mediterranean University - 5 minutes drive. Famagusta Central City Hospital - 5 minutes drive.
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 (741 809 $) 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).