87 569 $
Flat with 2 bedrooms in Famagusta, Cyprus
Famagusta, Cyprus
ID SA-2350 Address: Famagusta, GecitkaleThe property size: 66 m²The plot size: 73 m²
Flat in Northern Cyprus. City - Famagusta
ID SA-2350
Address: Famagusta, Gechitkale
Property area: 66 m²
Land area: 73 m²
Bedrooms: 2
Bathrooms: 1
Year built: 31-12-2025
Property Type: 2+1 Two-bedroom Apartment, Apartment
Features
Description
2+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 with high-quality finishes and modern technology.
Complex amenities. First of all, green areas. Transfer to the beach is organized. There is a restaurant, cafe/bar, pharmacy, and supermarket. Multi-functional sports field. Outdoor pool for adults and children. Additionally, indoor pool for adults and children. Bicycle and walking paths. Beauty salon and gym.
Now, we will tell you about the apartment itself. This is a beautiful 2+1 apartment located in a six-story building. The total area is 66 square meters, creating a comfortable space for your family. At the entrance to the apartment, you will find a spacious living room, an ideal place for gatherings with friends. Additionally, there is a cozy kitchen nearby where you can prepare delicious meals. The apartment has one toilet, which combines the bathroom and toilet. Equally appealing is the balcony, with an area of 6.5 square meters. Moreover, the advantage of this apartment is its location: just 10 minutes drive from the sea.
Construction will be completed by 2025.
So, the 2+1 Apartments in Gechitkale are waiting for you!
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 (85 112 $) 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).