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Flat 50 м² in Larnaca, Cyprus

233 664 $

4 673 $ /м²

4OVpU
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Area

50 м2

Bedrooms

1

Bathrooms

1

439907 - One Bedroom Apartment, Larnaca City Center

City Colours is a modern project located in the heart of Larnaca city center, offering convenient and easy access to the beach and various amenities. The project boasts modern design elements and functional spaces, making it ideal for those looking for a stylish and practical living environment. The first floor duplex apartments are a unique feature of City Colours, providing residents with ample space and a sense of privacy. These apartments offer the opportunity to have separate living and sleeping areas, allowing for a comfortable and organized lifestyle. Floors 1-4 have two 1-bed apartments each with spacious living areas and pleasant views. For those looking for a more luxurious option, the 1-bedroom penthouse with its own private roof garden is ideal. These exclusive apartments not only offer spacious living areas, but also incredible views and an outdoor area for relaxing and entertaining. City Colours is the perfect choice for those who appreciate style and functionality in a prime location. Whether you are looking to invest in real estate or find a new home, this development offers a number of options to suit different needs and preferences. The building's central location, contemporary design and diverse property selection make it a great investment property, providing potential for capital appreciation and short or long term rental opportunities.

Additional details

Property type

Residential Properties

Object type

Flat

Price

233 664 $

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 (233 664 $) 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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