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Flat 58 м² in Camares, Cyprus

146 528 $

2 526 $ /м²

4OTUo
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Area

58 м2

Bedrooms

1

Bathrooms

1

1 bedroom apartment for sale Kamares, Larnaca, Cyprus

This project will consist of 4 one-bedroom apartments and 6 two-bedroom apartments, all with en-suite bathrooms and new walk in shower, large veranda, private covered parking and storage. The interior spaces have been designed to maximize comfort and livability. Also included are customized modern kitchens with granite countertops. This very nicely named building is located in a quiet residential neighborhood on the outskirts of the city, close to the famous Comares Viaduct. It is also in close proximity to supermarkets, schools, entertainment venues and other local amenities including the new Larnaca shopping center. From this point it is very easy to reach the city center, the highway network and Larnaca airport.

Additional details

Property type

All Types

Object type

Flat

Price

146 528 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Camares; 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 Camares 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 (146 528 $) 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 Camares: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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