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Flat 93 м² in Paralimni, Cyprus

149 032 $

1 602 $ /м²

4OTmI
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Area

93 м2

Bedrooms

3

Bathrooms

1

3 bedroom apartment for sale in Paradimi, Famagusta, Cyprus.

An amazing three bedroom penthouse apartment with a huge veranda and stunning sea views is located in Paralimni! This amazing accommodation is in an ideal location just a short drive from the local beaches, bars and restaurants. This accommodation is perfect for a home in the sun, in the popular year round resort area of Kapparis / Paralimni !!!! The apartment itself is very large with a generously sized kitchen/dining room offering plenty of work and storage, with a slightly offset, bright and spacious living room which opens onto a large veranda with stunning sea views. Three large double bedrooms, all exquisitely decorated, and a modern family bathroom. The most impressive feature of this apartment is definitely the huge veranda. It looks incredible, with stunning sea views and plenty of space to relax in the Cyprus sunshine. It really is a unique location and has huge potential. There is covered parking on the property. Properties like this very rarely come on the market and could be a fantastic place to relax in the sun or an ideal investment opportunity due to its stunning location! ALL THE BEST THINGS COME WITH AN OCEAN VIEW! Inquire now for a viewing.

Additional details

Property type

All Types

Object type

Flat

Price

149 032 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Paralimni; 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 Paralimni 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 (149 032 $) 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 Paralimni: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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