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Flat 77 м² in Larnaca, Cyprus

188 037 $

2 442 $ /м²

4OVSq
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Area

77 м2

Bedrooms

1

Bathrooms

2

217105 - Apartment for sale, Larnaca City, 80 sq.m.

New housing project The project is located in the very prestigious and upmarket neighborhood of Vergina in Larnaca, 6km from Larnaca Marina. The project consists of 12 apartments with 2 bedrooms and 2 bathrooms, each with spacious and modern living spaces. It is in close proximity to Metropolis Mall, supermarkets, schools and direct access to the highways to Nicosia, Limassol and Paphos. The famous Kamara Aqueduct and the Larnaca Saltworks are within walking distance. The project has been fully developed and researched by our professional team of architects, engineers and interior designers. The contemporary design perfectly utilizes features such as top quality European style and a well thought out layout of the living areas, providing extra space and privacy. The project is expected to be completed by the end of 2024.

Additional details

Property type

Residential Properties

Object type

Flat

Price

188 037 $

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 (188 037 $) 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).

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