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Flat 50 м² in Famagusta, Cyprus

ID 4OV0i
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Area
50 m²
Bedrooms
2

Description

Flat in Northern Cyprus. City - Famagusta

ID SA-1213

Address: Famagusta, Gechitkale

Property Area: 50 m²

Land Area: 61 m²

Bedrooms: 1

Bathrooms: 1

Year Built: 31-12-2025

Property Type: 1+1 One-Bedroom Apartment, Apartment

Features

  • WiFi
  • Swimming Pool
  • Water Delivery
  • Indoor Swimming Pool
  • Parking
  • Drinking Water
  • Restaurant, Cafe
  • Gym

Description

1+1 Apartments in Gechitkale will catch your attention!

So, this unique project, intertwined with nature, is now in Gechitkale. The complex is waiting for all investors who love peace and nature. The developer offers 1+1, 2+1, 3+1 apartments and 2+1, 3+1 penthouses. The apartments are designed using high-quality finishes and modern technology.

Complex amenities. Firstly, there are green areas. There is also a transfer service to the beach. There is a restaurant, cafe/bar, pharmacy, and supermarket. A multi-purpose sports area. An outdoor pool for adults and children. Additionally, an indoor pool for adults and children. Bicycle and walking paths. Beauty salon and gym.

Now, we will tell you about the apartment itself. It is a beautiful 1+1 apartment located in a six-story building with a total area of 50 square meters. It is ideal for comfortable living. Upon entering the apartment, you enter a spacious living room. The bathroom is combined with the bathroom. The feature of this apartment is the cozy balcony with an area of 11 square meters. Here, you can enjoy the fresh air and picturesque view. The complex where these apartments are located is just a 10-minute drive from the sea.

Construction will be completed in 2025.

So, 1+1 Apartments in Gechitkale are waiting for you!

Characteristics

Property type
Residential Properties
Number of rooms
2
Object type
Flat
Price
76 916 $
Floor
0
Year of construction
2025

Infrastructure

  • Open pool

FAQ

How can I get a residence permit by buying property in Cyprus?

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.

Is a mortgage available for non-residents in Cyprus?

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.

What taxes and fees apply when buying in Cyprus?

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.

How is the title checked in Cyprus?

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.

Can I rent out property after purchase in Cyprus?

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.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (76 916 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Cyprus?

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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Flat with 2 bedrooms in Famagusta, Cyprus