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Flat 69 м² in Karshiyaka, Cyprus

321 538 $

4 659 $ /м²

4OVrQ
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Area

69 м2

Bedrooms

2

Redefining luxury coastal living with upscale resort residences, Karsiyaka

Private beach club with frequent shuttle service (just 3 minutes away).Spa, sauna, hammam and fully equipped gym.Mini golf, tennis court, children's park and yoga area.Organic growing area.A la Carte restaurant.3 large swimming pools including Olympic pool, leisure pool and children's pool.Shared standby generator.Grade 1 materials throughout.VRF system - central air conditioning system (heating and cooling)

Additional details

Property type

Residential Properties

Object type

Flat

Price

321 538 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Karshiyaka; 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 Karshiyaka 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 (321 538 $) 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 Karshiyaka: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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