Flat 46 м² in Paralimni, Cyprus

163 643 $

3 557 $ /м²

4OTue

Flat 46m² in Cyprus, Paralimni. Priced at 140000€ rent photo- #1

Flat 46m² in Cyprus, Paralimni. Priced at 140000€ rent photo- #2

Flat 46m² in Cyprus, Paralimni. Priced at 140000€ rent photo- #3

Flat 46m² in Cyprus, Paralimni. Priced at 140000€ rent photo- #4

Flat 46m² in Cyprus, Paralimni. Priced at 140000€ rent photo- #5

Flat 46m² in Cyprus, Paralimni. Priced at 140000€ rent photo- #6

Flat 46m² in Cyprus, Paralimni. Priced at 140000€ rent photo- #7

Flat 46m² in Cyprus, Paralimni. Priced at 140000€ rent photo- #8

Flat 46m² in Cyprus, Paralimni. Priced at 140000€ rent photo- #9

Area

46 м²

Bedrooms

Bathrooms

1 bedroom apartment for sale in Paralimni, Famagusta, Cyprus.

This stunning apartment consists of 2 bedrooms with the master bedroom having an en-suite bathroom and a family bathroom. It is designed in an open plan kitchen, dining and living area connected to a large balcony where you can enjoy mesmerizing sea views. Large sliding doors let light into the modern, open interiors, creating a pleasant sense of space. The small building under construction, consisting of just 11 apartments on 2 floors, is due for completion by the end of 2023. Designed with modern living in mind, it offers a wide range of features such as double glazing, low energy glass doors, water pressure system, heat resistant insulation system, pre-installation of air conditioning, first floor storage and covered parking. This new block of apartments is located in a quiet area of Paralimni, with easy access to a wide range of amenities such as stores, bars, restaurants, taverns and banks. The building is located just 5 minutes drive from April 1 street in Paralimni and 5 minutes from the cosmopolitan sandy beaches of Protaras and Kapparis.

Additional details

Property type

All Types

Object type

Flat

Price

163 643 $

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 (163 643 $) 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).