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Flat 90 м² in Larnaca, Cyprus

204 592 $

2 273 $ /м²

4OVpV
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Area

90 м2

Bedrooms

3

Bathrooms

1

Apartment for sale, Mackenzie neighborhood

A 2 bedroom apartment with great potential in Larnaca Discover this 5th floor apartment next to Mackenzie beach in Larnaca. This 90 square meter apartment has great potential to create the perfect living space. Inside you will find 2 bedrooms and 1 bathroom, a fully equipped kitchen and a spacious living room. The condo comes with a convenient outdoor parking space. Built in 1982, it has a special character and charm. Despite the lack of central heating, you can enjoy year-round comfort thanks to the air conditioning. The apartment has sleek aluminum window frames. Yes, it could use a little love, but its possibilities are endless. Introduce your personal touch and turn this space into your perfect retreat. The location of the apartment is truly unbeatable. Being close to the sea and the vibrant city center, you will have everything you need at your doorstep. Furthermore, it is only 5 minutes drive from Larnaca International Airport and a 10 minute leisurely stroll to the sandy shores of Mackenzie Beach. You will also enjoy spectacular sea views, panoramic, unobstructed and city views. The apartment is ideally located on a corner, allowing natural light to flood in, and there is an internal elevator for your convenience. Don't miss out on this great opportunity - this is your chance to own a piece of Larnaca's beauty and make it your own.

Additional details

Property type

Residential Properties

Object type

Flat

Price

204 592 $

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 (204 592 $) 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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