Flat 87 м² in Nicosia, Cyprus

326 262 $

3 750 $ /м²

4OVpS

Flat 87m² in Cyprus, Nicosia. Priced at 241497£ rent photo- #1

Flat 87m² in Cyprus, Nicosia. Priced at 241497£ rent photo- #2

Flat 87m² in Cyprus, Nicosia. Priced at 241497£ rent photo- #3

Flat 87m² in Cyprus, Nicosia. Priced at 241497£ rent photo- #4

Flat 87m² in Cyprus, Nicosia. Priced at 241497£ rent photo- #5

Flat 87m² in Cyprus, Nicosia. Priced at 241497£ rent photo- #6

Area

87 м²

Bedrooms

Bathrooms

Luxurious spacious 2 bedroom apartment

This impressive building could be a great choice not only for those looking for a new home, but also for those interested in a profitable investment for the future. This building proves that a luxury building is made up of simple modern lines! The five-story building consists of different types of apartments such as studios, singles, 2 and 3 bedroom apartments and a penthouse on the top floor of the building. All apartments in the project have been designed to offer future owners a comfortable city life, anticipating their needs but at the same time creating the warmth of an ideal apartment. The architectural firm designed the building based on simple and geometric lines, with clean shapes and materials, paying special attention to ergonomics and creating a comfortable space. The unrivaled architecture combined with unmatched functionality gives the building a unique harmony, making it a landmark for the neighborhood.

Additional details

Property type

Residential Properties

Object type

Flat

Price

326 262 $

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 (326 262 $) 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).