Flat 73 м² in Larnaca, Cyprus

111 209 $

1 523 $ /м²

4OTUb

Flat 73m² in Cyprus, Larnaca. Priced at 95000€ rent photo- #1

Flat 73m² in Cyprus, Larnaca. Priced at 95000€ rent photo- #2

Flat 73m² in Cyprus, Larnaca. Priced at 95000€ rent photo- #3

Area

73 м²

Bedrooms

Bathrooms

2 bedroom apartment for sale Larnaca, Larnaca, Cyprus

One bedroom apartment in an attractive location in the community of Tersefanou, Larnaca County. The property is located close to all necessary amenities and services. It also has good access to neighboring communities, the highway and the city of Larnaca, the airport and the beautiful beaches of the area which are also within a short driving distance. The apartment is located on the second floor of an apartment building and was built in 2008. The complex has impressive common areas and a shared pool that are in excellent condition. It consists of an open plan living/dining room with kitchen, two bedrooms and a main bathroom with toilet. It has its own covered parking space (number 141) on the first floor. The apartment has an internal area of 73 sqm, 18 sqm of covered verandas and 37 sqm of open verandas. The property is rented for 340 euros per month with an income of 4.3%.

Additional details

Property type

All Types

Object type

Flat

Price

111 209 $

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 (111 209 $) 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).