Flat 52 м² in Nicosia, Cyprus

282 759 $

5 437 $ /м²

4OUtk

Flat 52m² in Cyprus, Nicosia. Priced at 209436£ rent photo- #1

Flat 52m² in Cyprus, Nicosia. Priced at 209436£ rent photo- #2

Flat 52m² in Cyprus, Nicosia. Priced at 209436£ rent photo- #3

Flat 52m² in Cyprus, Nicosia. Priced at 209436£ rent photo- #4

Flat 52m² in Cyprus, Nicosia. Priced at 209436£ rent photo- #5

Flat 52m² in Cyprus, Nicosia. Priced at 209436£ rent photo- #6

Area

52 м²

Bedrooms

Bathrooms

Lykavitos, Nicosia - From €240,000

\''One bedroom apartment for sale in Likavitos - availability of title (new construction process). Located in the heart of Nicosia, it is considered one of the most prestigious addresses in the capital. Likavitos is a very central location, situated in a quiet residential area on a hill, with great views of the capital, just 4 minutes drive from the city center. The neighborhood is in high demand due to the large number of schools and universities nearby.This luxury apartment complex consists of 14 apartments on 4 floors. The first and second floors have studio apartments, while the third and fourth floors have one-bedroom apartments. Three apartments on the fourth floor have covered terraces with beautiful views of the city. All apartments have a spacious open kitchen, dining and living area. High quality standards in construction and materials used enhance the standard of living.Excellent rental and investment opportunity due to the attractive location in the heart of Nicosia. - 1 bedroom with fitted closets - Open plan kitchen, living and dining area - Family bathroom - Private car parking and guest parking - Allocated storage space - Internal area 52-58 m2 - Balconies/verandas 10-19 m2 - Various fenced areas 2-33 m2 - 4 minutes to city center - 6 minutes to French school - 10 minutes to government buildings - Payment for maintenance of public areas - Object, VAT taxable - Energy efficiency ANikosiaNikosiaNikosia, also known as Lefkosia, is the divided capital of Cyprus. On the southern side, on the Greek side of the border, is the Cyprus Museum with many archaeological finds from the Neolithic to the Byzantine period, including a statue of Aphrodite from Soloi. Next to the museum are the 16th-century Venetian walls, which include the gates of Famagusta, Kyrenia and Paphos. Inside the walls stands a marble mausoleum, next to which is the 19th century church of Faneromeni.LykavitosLikavitosCounty:NicosiaSale Type:For SaleNumber:HH/ADW101N1* Availability of title (new construction process)* Privileged rp

Additional details

Property type

Residential Properties

Object type

Flat

Price

282 759 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Nicosia; 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 Nicosia 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 (282 759 $) 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 Nicosia: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).