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Flat 66 м² in Heroskip, Cyprus

178 362 $

2 702 $ /м²

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Area

66 м2

Bedrooms

2

Bathrooms

1

2 bedroom apartment for sale in Geroskipou, Paphos, Cyprus.

A lovely two bedroom, one bathroom first floor apartment on a beautiful development in the village of Geroskipou. The complex is located in a quiet area, yet is within walking distance of local amenities and Geroskipou Square. Residents are also offered a large communal swimming pool. Only 10 minutes drive to Paphos airport, sandy beaches and Paphos center! Upon entering the apartment, to the left is a spacious open plan living room with access to a cozy covered balcony. To the right is the fully equipped kitchen with breakfast area. A hallway off the kitchen leads to two spacious bedrooms with fitted closets and a family bathroom. The whole property is air conditioned and has mosquito nets. All integrated appliances are included in the sale price and furniture is offered by arrangement. This is a lovely property ready to move into at no extra cost, so viewing is highly recommended! Title deeds are available.

Additional details

Property type

All Types

Object type

Flat

Price

178 362 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Heroskip; 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 Heroskip 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 (178 362 $) 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 Heroskip: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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