Flat 74 м² in Famagusta, Cyprus

105 605 $

1 427 $ /м²

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Flat 74m² in Cyprus, Famagusta. Priced at 90090€ rent photo- #1

Flat 74m² in Cyprus, Famagusta. Priced at 90090€ rent photo- #2

Flat 74m² in Cyprus, Famagusta. Priced at 90090€ rent photo- #3

Flat 74m² in Cyprus, Famagusta. Priced at 90090€ rent photo- #4

Flat 74m² in Cyprus, Famagusta. Priced at 90090€ rent photo- #5

Flat 74m² in Cyprus, Famagusta. Priced at 90090€ rent photo- #6

Flat 74m² in Cyprus, Famagusta. Priced at 90090€ rent photo- #7

Flat 74m² in Cyprus, Famagusta. Priced at 90090€ rent photo- #8

Flat 74m² in Cyprus, Famagusta. Priced at 90090€ rent photo- #9

Flat 74m² in Cyprus, Famagusta. Priced at 90090€ rent photo- #10

Area

74 м²

Bedrooms

Bathrooms

Apartment in North Cyprus. City - Famagusta

Double apartment in Famagusta will attract your attention!

Welcome to a home located just a few minutes walk from three universities in the center of Famagusta and its surroundings. Next to the blue sea and the beach, the central location of these apartments makes them an ideal choice for students and those seeking comfort.

There are a total of 20 apartments in the building, with one-bedroom and two-bedroom apartments available. The house is very close to the city center, restaurants, universities, hospitals. Also nearby are public transport stops and a shopping center.

Apartment features description:

- Modern kitchen and appliances.
- Large bathrooms, wet tiled and ceramic floors.
- Laminate flooring in bedrooms.
- Elevator.
- Private parking.
- Central satellite system.
- All modern furniture.

Additionally, options for apartments with or without balconies are available. Discover the comfort and convenience offered by these fully furnished apartments. Take advantage of the excellent opportunity for investment and living in Famagusta.

PAYMENT PLAN

Payment in installments:

2+1 with a balcony - Initial payment of 40,000 pounds. Installment: 3,330 pounds monthly for 12 months.

So, a two-bedroom apartment in Famagusta is waiting for you!

When purchasing this apartment, VELES Property provides assistance not only in obtaining residence permits, but also in opening a bank account, obtaining a driver's license, medical insurance, as well as in selecting a car in Northern Cyprus!

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Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

105 605 $

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 (105 605 $) 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).