Flat 80 м² in Famagusta, Cyprus

132 848 $

1 660 $ /м²

4OVpT

Flat 80m² in Cyprus, Famagusta. Priced at 98000£ rent photo- #1

Flat 80m² in Cyprus, Famagusta. Priced at 98000£ rent photo- #2

Flat 80m² in Cyprus, Famagusta. Priced at 98000£ rent photo- #3

Flat 80m² in Cyprus, Famagusta. Priced at 98000£ rent photo- #4

Flat 80m² in Cyprus, Famagusta. Priced at 98000£ rent photo- #5

Flat 80m² in Cyprus, Famagusta. Priced at 98000£ rent photo- #6

Area

80 м²

Bedrooms

Bathrooms

Gazimaguza: History and Modernity

Welcome to Gazimagoussa, a vibrant neighborhood in Famagusta, North Cyprus, where history and modernity merge. This charming place offers a unique blend of cultural heritage and modern living, making it the perfect place to make a home. With its rich centuries-old history, Gazimagusta is a treasure trove of archaeological wonders, including the famous ancient city walls and the iconic Othello Castle. Stroll through the narrow streets of the Old Town where you'll find charming cafes, traditional stores and a lively atmosphere that captures the essence of this captivating neighborhood. Now let's get to know our exciting new project in Gazimaguz. Located just 100 meters from the city center, this development offers unparalleled convenience and easy access to all the amenities you need. Everything is within reach, whether you want to indulge in the vibrant nightlife, explore the local markets or stroll the picturesque streets. For those looking for a beach vacation, the nearest sandy shores are just 1.3 kilometers away, allowing you to bask in the sun and enjoy the crystal clear waters of the Mediterranean Sea. If you are a frequent traveler, you will be pleased to know that the nearest airport is only 50 kilometers away, providing convenient transportation links. Within the project you will find a variety of carefully designed properties to suit every lifestyle. From cozy studios to spacious two-bedroom apartments, there is something for everyone. In addition, the complex has

Additional details

Property type

Residential Properties

Object type

Flat

Price

132 848 $

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 (132 848 $) 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).