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Flat 78 м² in Larnaca, Cyprus

272 588 $

3 494 $ /м²

4OVji
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Area

78 м2

Bedrooms

1

Bathrooms

2

626435 - Apartment for sale, Larnaca City, 78 sq.m., €245.000

For sale apartment, floor: 2nd, in the city of Larnaca. The apartment has an area of 78 square meters. It consists of: 2 bedrooms (1 master), 2 bathrooms, 2 toilets, 1 kitchen, 1 living room, and the following parking lots: 1 Pilotis space. The house was built in 2023, has aluminum frames, energy certificate: Not required and the floors are tile. Object status: Under construction, close to transportation, sea, school, church, kindergarten, supermarket. The apartment is bright, luxurious and has the following unique features and benefits: Elevator, Pantry, security door, security cameras, quiet neighborhood. Price: €245.000. KW Seven Cyprus, contact number: +35770001007, e-mail: kwseven@kwcyprus.com, website: https:--www.kwcyprus.com.

Additional details

Property type

Residential Properties

Object type

Flat

Price

272 588 $

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 (272 588 $) 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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