Flat 51 м² in Larnaca, Cyprus

180 018 $

3 529 $ /м²

4OVoW

Flat 51m² in Cyprus, Larnaca. Priced at 133337£ rent photo- #1

Flat 51m² in Cyprus, Larnaca. Priced at 133337£ rent photo- #2

Flat 51m² in Cyprus, Larnaca. Priced at 133337£ rent photo- #3

Area

51 м²

Bedrooms

Bathrooms

626410 - Apartment for sale, Larnaca City,

Welcome to The Project, where this apartment on the 3rd floor of Unit 303 in Larnaca awaits you, offering a thoughtful layout of 51 sqm. Here is a look at the distinctive features of this modern complex Bedrooms: 1 Bathrooms: 1 WC: 1 Kitchens: 1 Living rooms: 1 Parking: 1 Open The Palms 1 project consists of 4 floors with 11 apartments, 2 one bedroom apartments and 1 two bedroom apartment on the ground, first, second and third floors. On the fourth floor are 2 one bedroom apartments with a roof garden, each with access via stairs to their own balcony. For more information or to schedule a viewing please contact us. We are ready to help you find your perfect home.

Additional details

Property type

Residential Properties

Object type

Flat

Price

180 018 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Larnaca; 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 Larnaca 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 (180 018 $) 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 Larnaca: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).