Flat 161.1 м² in Larnaca, Cyprus

631 390 $

3 919 $ /м²

4OUu2

Flat 161.1m² in Cyprus, Larnaca. Priced at 466867£ rent photo- #1

Flat 161.1m² in Cyprus, Larnaca. Priced at 466867£ rent photo- #2

Flat 161.1m² in Cyprus, Larnaca. Priced at 466867£ rent photo- #3

Flat 161.1m² in Cyprus, Larnaca. Priced at 466867£ rent photo- #4

Area

161.1 м²

Bedrooms

Bathrooms

Apartment For Sale, Larnaca City

This project is located in the Mackenzie area! Coming soon to Larnaca's most famous neighborhood, it will feature one bedroom apartments and a three bedroom penthouse with a large roof-terrace.The project is ideal for short term rentals as it is strategically located close to public amenities and renowned restaurants and cafes!Project Details:. 1 and 3 bedroom apartments. Penthouse with large rooftop terrace .. Ideal for short term rentals .. 150 meters from Mackenzie beach .. Close to public amenities .. Close to restaurants and cafes .. Energy efficiency category: A

Additional details

Property type

Residential Properties

Object type

Flat

Price

631 390 $

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 (631 390 $) 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).